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

111, Axis Residences 3

Sold prices and rental history: sold twice, last in December 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 9 December 2015
Last soldAED 665K9 December 2015
Current rentAED 43K /yr14 January 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Axis Residences 3

What is 111 worth today?

Last sold for AED 665,000 in 2015

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9 Dec 2015SoldReady
AED 665,000AED 823 per sqft
14 Jan 2015RentedNew contract
AED 43,000/yr12 months · AED 53 per sqft
14 Jan 2014RentedNew contract
AED 39,100/yr12 months · AED 48 per sqft
14 Jan 2013RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft
4 Oct 2012Sold by developerReady
AED 477,600AED 591 per sqft

Source: Dubai Land Department. Updated 9 December 2015.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
1st of 8
Parking
12
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
AED 665K · December 2015

About 111, Axis Residences 3

111 is a one-bedroom apartment of 808 sqft on the 1st 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 9 December 2015 for AED 665,000, or AED 823 per sqft, in line with the AED 804 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 14 January 2015, is AED 43,000 a year: a gross yield of 6.5% on the 2015 price, before the service charge of about AED 9,700 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Axis Residences 3
400K600K2011201520192023Typical 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 525,000Sold by developer, October 2012: AED 477,600 (AED 591 per sqft)Sold, December 2015: AED 665,000 (AED 823 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Axis Residences 3
40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 38,000; 2014 AED 46,000; 2015 AED 55,000; 2016 AED 57,139; 2017 AED 51,934; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 32,500; 2023 AED 37,910; 2024 AED 42,675; 2025 AED 48,000; 2026 AED 55,000New contract, January 2013: AED 34,000 a yearNew contract, January 2014: AED 39,100 a yearNew contract, January 2015: AED 43,000 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 111 sits

All 126 1-beds →

111 last sold in December 2015 at AED 823 per sqft, in line with what one-beds in Axis Residences 3 were fetching at the time (AED 804). Over the last 12 months one-beds sold for AED 550,000 to 650,000, around AED 680 per sqft, and rent for AED 37,260 to 63,000 a year. 111's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Jan 2026550,000
6 Jan 2026650,000
12 Dec 2025620,000
24 Jul 2025436,000
3 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. 3 sold in the last 12 months.

Typical price per sqft
AED 680
Typical sale
AED 620K
Typical rent
AED 52K /yr
Typical yield
9.3%
Axis Residences 3, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 128 units in Axis Residences 3
Value
1011-bedAED 570K · May 2017
1021-bedAED 585K · Nov 2015
1031-bedAED 444K · May 2012
1041-bedAED 826K · Jun 2024
1051-bedAED 530K · Sep 2023
1061-bedAED 404K · Jul 2023
1071-bedAED 550K · Jun 2016
1–7 of 15

111, Axis Residences 3 in numbers

  • Sold twice: first on 4 October 2012 for AED 477,600, last on 9 December 2015 for AED 665,000 (AED 823 per sqft).
  • Rented since January 2013 on 3 Ejari contracts, from AED 34,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2015 price is 6.5%, 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 550,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 680 per sqft.

Source: Dubai Land Department. Updated 9 December 2015.

Questions about 111, Axis Residences 3

What did unit 111 last sell for?

AED 665,000 on 9 December 2015: AED 823 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 477,600 in October 2012.

What is the rent for unit 111?

AED 43,000 a year on the contract signed on 14 January 2015. The previous contract, from January 2014, was AED 39,100; the unit has been rented since January 2013.

How big is unit 111?

808 sqft (75.1 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2009.

What is unit 111 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 550,000 to 650,000 in the last 12 months, around AED 680 per sqft.

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Mortgage on 111, Axis Residences 3

Starts from the last sale price (AED 665K, 9 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 665,000
Deposit, UAE resident (20%)
AED 133,000
Deposit, non-resident (40%)
AED 266,000
Monthly over 25 years at 3.7%
AED 2,721

Plus AED 32,940 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →