1-bed · 808 sqftAxis Residences 3, Dubai Silicon Oasis · 2nd floor · completed 2009

206, Axis Residences 3

Sold prices and rental history: sold twice, last in May 2023, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 30 May 2023
Last soldAED 410K30 May 2023
Current rentAED 42K /yr29 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Axis Residences 3

What is 206 worth today?

Last sold for AED 410,000 in 2023

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30 May 2023SoldReady
AED 410,000AED 507 per sqft
29 Mar 2019RentedNew contract
AED 42,000/yr13 months · AED 52 per sqft
29 Mar 2016RentedNew contract
AED 56,000/yr12 months · AED 69 per sqft
29 Dec 2014Sold by developerReady
AED 472,650AED 585 per sqft
28 Mar 2013RentedNew contract
AED 41,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 30 May 2023.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
2nd of 8
Parking
23
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
AED 410K · May 2023

About 206, Axis Residences 3

206 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 30 May 2023 for AED 410,000, or AED 507 per sqft, 17% above the AED 432 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 29 March 2019, is AED 42,000 a year: a gross yield of 10.2% on the 2023 price, before the service charge of about AED 9,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, 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, December 2014: AED 472,650 (AED 585 per sqft)Sold, May 2023: AED 410,000 (AED 507 per sqft)

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

Rents
Unit 206, 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, March 2013: AED 41,000 a yearNew contract, March 2016: AED 56,000 a yearNew contract, March 2019: AED 42,000 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 206 sits

All 126 1-beds →

206 last sold in May 2023 at AED 507 per sqft, 17% above what one-beds in Axis Residences 3 were fetching at the time (AED 432). 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. 206's AED 42,000 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 2nd floor

All 128 units in Axis Residences 3
Value
2011-bedAED 450K · Mar 2024
2021-bedAED 547K · Feb 2012
2031-bedAED 360K · Jun 2023
2041-bedAED 600K · Mar 2025
2051-bedAED 411K · Jun 2023
2071-bedAED 440K · Oct 2014
2081-bedAED 517K · Jan 2012
1–7 of 15

206, Axis Residences 3 in numbers

  • Sold twice: first on 29 December 2014 for AED 472,650, last on 30 May 2023 for AED 410,000 (AED 507 per sqft).
  • Rented since March 2013 on 3 Ejari contracts, from AED 41,000 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2023 price is 10.2%, 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 30 May 2023.

Questions about 206, Axis Residences 3

What did unit 206 last sell for?

AED 410,000 on 30 May 2023: AED 507 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 472,650 in December 2014.

What is the rent for unit 206?

AED 42,000 a year on the contract signed on 29 March 2019. The previous contract, from March 2016, was AED 56,000; the unit has been rented since March 2013.

How big is unit 206?

808 sqft (75.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 206 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 206, Axis Residences 3

Starts from the last sale price (AED 410K, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →