1-bed · 857 sqftAxis Residences 3, Dubai Silicon Oasis · 7th floor · completed 2009

716, Axis Residences 3

Sold prices and rental history: sold twice, last in December 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 20 December 2025
Last soldAED 425K18 December 2012
Current rentAED 48K /yr20 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Axis Residences 3

What is 716 worth today?

Last sold for AED 425,000 in 2012

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20 Dec 2025RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
20 Dec 2024RentedRenewal
AED 46,000/yr12 months · AED 54 per sqft
20 Dec 2023RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
20 Dec 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
20 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
1 Dec 2020RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
1 Dec 2019RentedNew contract
AED 37,000/yr12 months · AED 43 per sqft
1 Dec 2018RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 20 December 2025.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
7th of 8
Parking
112
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 425K · December 2012

About 716, Axis Residences 3

716 is a one-bedroom apartment of 857 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 18 December 2012 for AED 425,000, or AED 495 per sqft, 17% below the AED 593 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 20 December 2025, is AED 48,000 a year: a gross yield of 11.3% on the 2012 price, before the service charge of about AED 10,200 a year.

Sales and rents for 716 over time

Sales
Unit 716, each saleTypical one-bed in Axis Residences 3
400K600K20112015201920232027Typical sale price by year: 2011 AED 482,700; 2012 AED 519,600; 2013 AED 492,600; 2014 AED 530,670; 2015 AED 650,000; 2016 AED 560,000; 2017 AED 612,500; 2018 AED 489,803; 2019 AED 498,000; 2022 AED 365,000; 2023 AED 415,291; 2024 AED 451,500; 2025 AED 547,500; 2026 AED 605,000Sold by developer, October 2012: AED 731,600 (AED 853 per sqft)Sold, December 2012: AED 425,000 (AED 495 per sqft)

716 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 716, each contractTypical one-bed in Axis Residences 3
40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 37,500; 2014 AED 45,000; 2015 AED 55,000; 2016 AED 56,000; 2017 AED 51,000; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 29,729; 2022 AED 32,500; 2023 AED 37,950; 2024 AED 42,350; 2025 AED 48,250; 2026 AED 50,000New contract, July 2012: AED 40,000 a yearNew contract, May 2013: AED 36,000 a yearNew contract, July 2014: AED 56,000 a yearNew contract, May 2015: AED 62,000 a yearNew contract, June 2016: AED 58,000 a yearNew contract, December 2018: AED 40,000 a yearNew contract, December 2019: AED 37,000 a yearRenewal, December 2020: AED 30,000 a yearNew contract, December 2021: AED 30,000 a yearNew contract, December 2022: AED 34,000 a yearNew contract, December 2023: AED 40,000 a yearRenewal, December 2024: AED 46,000 a yearRenewal, December 2025: AED 48,000 a year

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 716 sits

All 128 1-beds →

716 last sold in December 2012 at AED 495 per sqft, 17% below what one-beds in Axis Residences 3 were fetching at the time (AED 593). 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. 716's AED 48,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026540,000
8 Sep 2026610,000
19 Jun 2026600,000
12 Mar 2026610,000
7 1-bed sales in the last 12 months

Axis Residences 3

Building

128 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%
Axis Residences 3, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 128 units in Axis Residences 3
Value
7011-bedAED 705K · Sep 2017
7021-bedAED 667K · Oct 2017
7031-bedAED 387K · Jun 2023
7041-bedAED 600K · Apr 2025
7051-bedAED 450K · Jul 2024
7061-bedAED 550K · Jan 2026
7071-bedAED 450K · Sep 2024
1–7 of 15

716, Axis Residences 3 in numbers

  • Sold twice: first on 4 October 2012 for AED 731,600, last on 18 December 2012 for AED 425,000 (AED 495 per sqft).
  • Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2021 and recovered to AED 48,000 by December 2025.
  • At AED 48,000 a year the gross yield on the 2012 price is 11.3%, before a service charge of about AED 10,200 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 20 December 2025.

Questions about 716, Axis Residences 3

What did unit 716 last sell for?

AED 425,000 on 18 December 2012: AED 495 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 731,600 in October 2012.

What is the rent for unit 716?

AED 48,000 a year on the contract renewed on 20 December 2025. The previous contract, from December 2024, was AED 46,000; the unit has been rented since July 2012.

How big is unit 716?

857 sqft (79.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 716 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 716, Axis Residences 3

Starts from the last sale price (AED 425K, 18 December 2012). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →