203, Axis Residences 3
Sold prices and rental history: sold 4 times, last in June 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Axis Residences 3
What is 203 worth today?
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Source: Dubai Land Department. Updated 13 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 2nd of 8
- Parking
- 20
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 9,700 /yr
- Last sold
- AED 360K · June 2023
- Building
- Axis Residences 3
About 203, Axis Residences 3
203 is a one-bedroom apartment of 808 sqft on the 2nd 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 13 June 2023 for AED 360,000, or AED 445 per sqft, in line with the AED 434 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 22 December 2021, is AED 31,500 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 203 over time
203 has sold 4 times; 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 203 sits
All 126 1-beds →203 last sold in June 2023 at AED 445 per sqft, in line with what one-beds in Axis Residences 3 were fetching at the time (AED 434). 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. 203's AED 31,500 is at the bottom 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 2nd floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 855 sqft | AED 450KAED 450,000 · Mar 2024March 2024 | 47,500 /yr | |
| 202 | 1-bed | 809 sqft | AED 547KAED 546,914 · Feb 2012February 2012 | 50,000 /yr | |
| 204 | 1-bed | 968 sqft | AED 600KAED 600,000 · Mar 2025March 2025 | 35,000 /yr | |
| 205 | 1-bed | 968 sqft | AED 411KAED 410,582 · Jun 2023June 2023 | 64,000 /yr | |
| 206 | 1-bed | 808 sqft | AED 410KAED 410,000 · May 2023May 2023 | 42,000 /yr | |
| 207 | 1-bed | 751 sqft | AED 440KAED 440,000 · Oct 2014October 2014 | 50,000 /yr | |
| 208 | 1-bed | 870 sqft | AED 517KAED 516,600 · Jan 2012January 2012 | 25,000 /yr | |
| 209 | 1-bed | 870 sqft | AED 420KAED 420,000 · Oct 2023October 2023 | 50,000 /yr | |
| 210 | 1-bed | 751 sqft | AED 245KAED 245,000 · Aug 2018August 2018 | 47,000 /yr | |
| 211 | 1-bed | 808 sqft | AED 650KAED 650,000 · Apr 2015April 2015 | 55,000 /yr | |
| 212 | 1-bed | 968 sqft | AED 483KAED 483,039 · Sep 2023September 2023 | 45,000 /yr | |
| 213 | 1-bed | 968 sqft | AED 411KAED 410,582 · Jun 2023June 2023 | 45,000 /yr | |
| 214 | 1-bed | 808 sqft | AED 303KAED 302,500 · Feb 2017February 2017 | 44,000 /yr | |
| 215 | 1-bed | 813 sqft | AED 483KAED 483,491 · Jun 2015June 2015 | 50,000 /yr | |
| 216 | 1-bed | 857 sqft | AED 1.52MAED 1,524,000 · Sep 2013September 2013 | 27,000 /yr |
203, Axis Residences 3 in numbers
- Sold 4 times: first on 15 February 2017 for AED 565,558, last on 13 June 2023 for AED 360,000 (AED 445 per sqft).
- Rented since December 2017 on 3 Ejari contracts, from AED 45,000 to AED 31,500 a year.
- At AED 31,500 a year the gross yield on the 2023 price is 8.8%, 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 13 June 2023.
Questions about 203, Axis Residences 3
What did unit 203 last sell for?
AED 360,000 on 13 June 2023: AED 445 per sqft for 808 sqft. The unit has 4 registered sales; the first was AED 565,558 in February 2017.
What is the rent for unit 203?
AED 31,500 a year on the contract renewed on 22 December 2021. The previous contract, from December 2020, was AED 31,500; the unit has been rented since December 2017.
How big is unit 203?
808 sqft (75.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.
What is unit 203 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 203, Axis Residences 3
Starts from the last sale price (AED 360K, 13 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →