1-bed · 968 sqftAxis Residences 3, Dubai Silicon Oasis · 8th floor · completed 2009

804, Axis Residences 3

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 10 February 2022
Last soldAED 500K3 February 2013
Current rentAED 34K /yr10 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Axis Residences 3

What is 804 worth today?

Last sold for AED 500,000 in 2013

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10 Feb 2022RentedNew contract
AED 33,500/yr12 months · AED 35 per sqft
1 Jan 2021RentedRenewal
AED 35,000/yr12 months · AED 36 per sqft
1 Jan 2020RentedRenewal
AED 43,000/yr12 months · AED 44 per sqft
1 Jan 2019RentedRenewal
AED 50,000/yr12 months · AED 52 per sqft
1 Jan 2018RentedNew contract
AED 55,000/yr12 months · AED 57 per sqft
1 Dec 2016RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
6 Jan 2015RentedNew contract
AED 62,000/yr12 months · AED 64 per sqft
6 Jan 2014RentedNew contract
AED 62,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 10 February 2022.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
8th of 8
Parking
116
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 500K · February 2013

About 804, Axis Residences 3

804 is a one-bedroom apartment of 968 sqft on the 8th floor of Axis Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. The developer sold it on 3 February 2013 for AED 500,000, or AED 516 per sqft, 13% below the AED 596 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 10 February 2022, is AED 33,500 a year: a gross yield of 6.7% on the 2013 price, before the service charge of about AED 11,600 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, February 2013: AED 500,000 (AED 516 per sqft)

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

Rents
Unit 804, 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, January 2014: AED 62,000 a yearNew contract, January 2015: AED 62,000 a yearNew contract, December 2016: AED 60,000 a yearNew contract, January 2018: AED 55,000 a yearRenewal, January 2019: AED 50,000 a yearRenewal, January 2020: AED 43,000 a yearRenewal, January 2021: AED 35,000 a yearNew contract, February 2022: AED 33,500 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 804 sits

All 128 1-beds →

804 last sold in February 2013 at AED 516 per sqft, 13% below what one-beds in Axis Residences 3 were fetching at the time (AED 596). 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. 804's AED 33,500 is in the lower 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 8th floor

All 128 units in Axis Residences 3
Value
8011-bedAED 500K · Feb 2013
8021-bedAED 500K · Feb 2013
8031-bedAED 600K · Nov 2015
8051-bedAED 500K · Feb 2013
8061-bedNo registered sale
8071-bedAED 1.26M · Jun 2016
8081-bedAED 1.59M · Jun 2015
1–7 of 15

804, Axis Residences 3 in numbers

  • Sold once: by Gulf General Investments Co on 3 February 2013 for AED 500,000, or AED 516 per sqft.
  • Rented since January 2014 on 8 Ejari contracts, from AED 62,000 to AED 33,500 a year.
  • At AED 33,500 a year the gross yield on the 2013 price is 6.7%, before a service charge of about AED 11,600 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 10 February 2022.

Questions about 804, Axis Residences 3

What did unit 804 last sell for?

AED 500,000 on 3 February 2013, sold by the developer: AED 516 per sqft for 968 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 33,500 a year on the contract signed on 10 February 2022. The previous contract, from January 2021, was AED 35,000; the unit has been rented since January 2014.

How big is unit 804?

968 sqft (89.9 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2009.

What is unit 804 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 804, Axis Residences 3

Starts from the last sale price (AED 500K, 3 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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