116, Axis Residences 3
Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, Axis Residences 3
What is 116 worth today?
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Source: Dubai Land Department. Updated 25 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 1st of 8
- Parking
- 17
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 1.08M · August 2017
- Building
- Axis Residences 3
About 116, Axis Residences 3
116 is a one-bedroom apartment of 857 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. The developer sold it on 28 August 2017 for AED 1,080,688, or AED 1,260 per sqft, 81% above the AED 698 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 48,500 a year: a gross yield of 4.5% on the 2017 price, before the service charge of about AED 10,200 a year.
Sales and rents for 116 over time
116 has sold once; 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 116 sits
All 126 1-beds →116 last sold in August 2017 at AED 1,260 per sqft, 81% above what one-beds in Axis Residences 3 were fetching at the time (AED 698). 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. 116's AED 48,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Jan 202615 January 2026 | 808 sqft | 550,000 | 680 | ||
| 6 Jan 20266 January 2026 | 870 sqft | 650,000 | 746 | ||
| 12 Dec 202512 December 2025 | 968 sqft | 620,000 | 640 | ||
| 24 Jul 202524 July 2025 | 968 sqft | 436,000 | 450 |
Axis Residences 3
Building128 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%
Other units on the 1st floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 855 sqft | AED 570KAED 570,000 · May 2017May 2017 | 40,000 /yr | |
| 102 | 1-bed | 809 sqft | AED 585KAED 585,000 · Nov 2015November 2015 | 40,480 /yr | |
| 103 | 1-bed | 808 sqft | AED 444KAED 444,373 · May 2012May 2012 | 52,000 /yr | |
| 104 | 1-bed | 968 sqft | AED 826KAED 826,000 · Jun 2024June 2024 | 54,000 /yr | |
| 105 | 1-bed | 968 sqft | AED 530KAED 530,455 · Sep 2023September 2023 | 58,000 /yr | |
| 106 | 1-bed | 808 sqft | AED 404KAED 404,000 · Jul 2023July 2023 | 39,000 /yr | |
| 107 | 1-bed | 751 sqft | AED 550KAED 550,000 · Jun 2016June 2016 | 44,500 /yr | |
| 108 | 1-bed | 870 sqft | AED 650KAED 650,000 · Jan 2026January 2026 | 50,000 /yr | |
| 109 | 1-bed | 870 sqft | AED 660KAED 660,000 · May 2014May 2014 | 63,500 /yr | |
| 110 | 1-bed | 751 sqft | AED 345KAED 345,000 · Feb 2023February 2023 | 41,000 /yr | |
| 111 | 1-bed | 808 sqft | AED 665KAED 665,000 · Dec 2015December 2015 | 43,000 /yr | |
| 112 | 1-bed | 968 sqft | AED 421KAED 421,000 · Dec 2022December 2022 | 44,100 /yr | |
| 113 | 1-bed | 968 sqft | AED 436KAED 436,000 · Jul 2025July 2025 | 26,000 /yr | |
| 114 | 1-bed | 808 sqft | AED 325KAED 325,000 · Sep 2022September 2022 | 46,850 /yr | |
| 115 | 1-bed | 813 sqft | No registered sale | 41,580 /yr |
116, Axis Residences 3 in numbers
- Sold once: by Gulf General Investments Co on 28 August 2017 for AED 1,080,688, or AED 1,260 per sqft.
- Rented since November 2017 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 28,000 in 2021 and recovered to AED 48,500 by December 2025.
- At AED 48,500 a year the gross yield on the 2017 price is 4.5%, 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 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 25 December 2025.
Questions about 116, Axis Residences 3
What did unit 116 last sell for?
AED 1,080,688 on 28 August 2017, sold by the developer: AED 1,260 per sqft for 857 sqft. It is the only registered sale of the unit.
What is the rent for unit 116?
AED 48,500 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 45,000; the unit has been rented since November 2017.
How big is unit 116?
857 sqft (79.6 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2009.
What is unit 116 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 116, Axis Residences 3
Starts from the last sale price (AED 1.08M, 28 August 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 1,080,688
- Deposit, UAE resident (20%)
- AED 216,138
- Deposit, non-resident (40%)
- AED 432,275
- Monthly over 25 years at 3.7%
- AED 4,421
Plus AED 50,399 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →