1-bed · 808 sqftAxis Residences 3, Dubai Silicon Oasis · 8th floor · completed 2009

814, Axis Residences 3

Sold prices and rental history: sold twice, last in May 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 814 · DLD and Ejari recordsUpdated 1 December 2019
Last soldAED 575K11 May 2014
Current rentAED 50K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 814, Axis Residences 3

What is 814 worth today?

Last sold for AED 575,000 in 2014

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1 Dec 2019RentedRenewal
AED 50,000/yr12 months · AED 62 per sqft
1 Dec 2018RentedRenewal
AED 53,000/yr12 months · AED 66 per sqft
1 Dec 2017RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
11 May 2014SoldReady
AED 575,000AED 711 per sqft
20 Feb 2012Sold by developerReady
AED 524,688AED 649 per sqft

Source: Dubai Land Department. Updated 1 December 2019.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
8th of 8
Parking
126
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
AED 575K · May 2014

About 814, Axis Residences 3

814 is a one-bedroom apartment of 808 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. It last sold on 11 May 2014 for AED 575,000, or AED 711 per sqft, 19% above the AED 599 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 1 December 2019, is AED 50,000 a year: a gross yield of 8.7% on the 2014 price, before the service charge of about AED 9,700 a year.

Sales and rents for 814 over time

Sales
Unit 814, 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 2012: AED 524,688 (AED 649 per sqft)Sold, May 2014: AED 575,000 (AED 711 per sqft)

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

Rents
Unit 814, 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, December 2017: AED 55,000 a yearRenewal, December 2018: AED 53,000 a yearRenewal, December 2019: AED 50,000 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 814 sits

All 128 1-beds →

814 last sold in May 2014 at AED 711 per sqft, 19% above what one-beds in Axis Residences 3 were fetching at the time (AED 599). 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. 814's AED 50,000 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 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
8041-bedAED 500K · Feb 2013
8051-bedAED 500K · Feb 2013
8061-bedNo registered sale
8071-bedAED 1.26M · Jun 2016
1–7 of 15

814, Axis Residences 3 in numbers

  • Sold twice: first on 20 February 2012 for AED 524,688, last on 11 May 2014 for AED 575,000 (AED 711 per sqft).
  • Rented since December 2017 on 3 Ejari contracts, from AED 55,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2014 price is 8.7%, 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 1 December 2019.

Questions about 814, Axis Residences 3

What did unit 814 last sell for?

AED 575,000 on 11 May 2014: AED 711 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 524,688 in February 2012.

What is the rent for unit 814?

AED 50,000 a year on the contract renewed on 1 December 2019. The previous contract, from December 2018, was AED 53,000; the unit has been rented since December 2017.

How big is unit 814?

808 sqft (75.1 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2009.

What is unit 814 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 814, Axis Residences 3

Starts from the last sale price (AED 575K, 11 May 2014). Switch to today's estimate once you have unlocked it.
Price
AED 575,000
Deposit, UAE resident (20%)
AED 115,000
Deposit, non-resident (40%)
AED 230,000
Monthly over 25 years at 3.7%
AED 2,353

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