703, Axis Residences 3
Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 703, Axis Residences 3
What is 703 worth today?
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Source: Dubai Land Department. Updated 6 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 7th of 8
- Parking
- 99
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 9,700 /yr
- Last sold
- AED 387K · June 2023
- Building
- Axis Residences 3
About 703, Axis Residences 3
703 is a one-bedroom apartment of 808 sqft on the 7th floor of Axis Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 6 June 2023 for AED 387,000, or AED 478 per sqft, 11% above the AED 432 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 22 August 2022, is AED 49,600 a year: a gross yield of 12.8% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 703 over time
703 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Axis Residences 3, and where 703 sits
All 128 1-beds →703 last sold in June 2023 at AED 478 per sqft, 11% above what one-beds in Axis Residences 3 were fetching at the time (AED 432). Over the last 12 months one-beds sold for AED 540,000 to 650,000, around AED 680 per sqft, and rent for AED 26,667 to 63,000 a year. 703's AED 49,600 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 809 sqft | 540,000 | 667 | ||
| 8 Sep 20268 September 2026 | 808 sqft | 610,000 | 755 | ||
| 19 Jun 202619 June 2026 | 808 sqft | 600,000 | 742 | ||
| 12 Mar 202612 March 2026 | 968 sqft | 610,000 | 630 |
Axis Residences 3
Building128 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 7 sold in the last 12 months.
- Typical price per sqft
- AED 680
- Typical sale
- AED 610K
- Typical rent
- AED 50K /yr
- Typical yield
- 9.1%
Other units on the 7th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 855 sqft | AED 705KAED 705,375 · Sep 2017September 2017 | 58,000 /yr | |
| 702 | 1-bed | 809 sqft | AED 667KAED 666,600 · Oct 2017October 2017 | 38,000 /yr | |
| 704 | 1-bed | 968 sqft | AED 600KAED 600,000 · Apr 2025April 2025 | 43,000 /yr | |
| 705 | 1-bed | 968 sqft | AED 450KAED 450,000 · Jul 2024July 2024 | 42,000 /yr | |
| 706 | 1-bed | 808 sqft | AED 550KAED 550,000 · Jan 2026January 2026 | 44,100 /yr | |
| 707 | 1-bed | 751 sqft | AED 450KAED 450,000 · Sep 2024September 2024 | 56,000 /yr | |
| 708 | 1-bed | 870 sqft | No registered sale | 48,000 /yr | |
| 709 | 1-bed | 870 sqft | AED 490KAED 489,803 · Oct 2018October 2018 | 44,000 /yr | |
| 710 | 1-bed | 751 sqft | AED 520KAED 520,000 · Mar 2025March 2025 | 52,000 /yr | |
| 711 | 1-bed | 808 sqft | AED 630KAED 630,000 · Jun 2014June 2014 | 53,000 /yr | |
| 712 | 1-bed | 968 sqft | AED 610KAED 610,000 · Mar 2026March 2026 | 60,000 /yr | |
| 713 | 1-bed | 968 sqft | AED 550KAED 550,000 · May 2015May 2015 | 49,000 /yr | |
| 714 | 1-bed | 808 sqft | No registered sale | 40,480 /yr | |
| 715 | 1-bed | 813 sqft | AED 486KAED 486,000 · May 2013May 2013 | 48,000 /yr | |
| 716 | 1-bed | 857 sqft | AED 425KAED 425,000 · Dec 2012December 2012 | 48,000 /yr |
703, Axis Residences 3 in numbers
- Sold twice: first on 17 November 2014 for AED 480,730, last on 6 June 2023 for AED 387,000 (AED 478 per sqft).
- Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 49,600 by August 2022.
- At AED 49,600 a year the gross yield on the 2023 price is 12.8%, before a service charge of about AED 9,700 a year (AED 11.95 per sqft).
- One-beds in Axis Residences 3 sold for AED 540,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 680 per sqft.
Source: Dubai Land Department. Updated 6 June 2023.
Questions about 703, Axis Residences 3
What did unit 703 last sell for?
AED 387,000 on 6 June 2023: AED 478 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 480,730 in November 2014.
What is the rent for unit 703?
AED 49,600 a year on the contract signed on 22 August 2022. The previous contract, from April 2021, was AED 28,000; the unit has been rented since May 2013.
How big is unit 703?
808 sqft (75.1 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.
What is unit 703 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Axis Residences 3 sold for AED 540,000 to 650,000 in the last 12 months, around AED 680 per sqft.
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Mortgage on 703, Axis Residences 3
Starts from the last sale price (AED 387K, 6 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 387,000
- Deposit, UAE resident (20%)
- AED 77,400
- Deposit, non-resident (40%)
- AED 154,800
- Monthly over 25 years at 3.7%
- AED 1,583
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →