1-bed · 813 sqftAxis Residences 3, Dubai Silicon Oasis · 2nd floor · completed 2009

215, Axis Residences 3

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

Unit 215 · DLD and Ejari recordsUpdated 8 December 2018
Last soldAED 483K17 June 2015
Current rentAED 50K /yr8 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Axis Residences 3

What is 215 worth today?

Last sold for AED 483,491 in 2015

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8 Dec 2018RentedRenewal
AED 50,000/yr12 months · AED 62 per sqft
17 Jun 2015Sold by developerReady
AED 483,491AED 595 per sqft
16 Jan 2013RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 8 December 2018.

Key facts

Type
1-bed apartment
Size
813 sqft
Floor
2nd of 8
Parking
32
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
AED 483K · June 2015

About 215, Axis Residences 3

215 is a one-bedroom apartment of 813 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. The developer sold it on 17 June 2015 for AED 483,491, or AED 595 per sqft, 13% below the AED 680 one-beds in the building were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 8 December 2018, is AED 50,000 a year: a gross yield of 10.3% on the 2015 price, before the service charge of about AED 9,700 a year.

Sales and rents for 215 over time

Sales
Unit 215, 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, June 2015: AED 483,491 (AED 595 per sqft)

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

Rents
Unit 215, 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 35,000 a yearRenewal, December 2018: 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 215 sits

All 126 1-beds →

215 last sold in June 2015 at AED 595 per sqft, 13% below what one-beds in Axis Residences 3 were fetching at the time (AED 680). 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. 215's AED 50,000 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
2061-bedAED 410K · May 2023
2071-bedAED 440K · Oct 2014
1–7 of 15

215, Axis Residences 3 in numbers

  • Sold once: by Gulf General Investments Co on 17 June 2015 for AED 483,491, or AED 595 per sqft.
  • Rented since January 2013 on 2 Ejari contracts, from AED 35,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2015 price is 10.3%, 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 8 December 2018.

Questions about 215, Axis Residences 3

What did unit 215 last sell for?

AED 483,491 on 17 June 2015, sold by the developer: AED 595 per sqft for 813 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 50,000 a year on the contract renewed on 8 December 2018. The previous contract, from January 2013, was AED 35,000.

How big is unit 215?

813 sqft (75.5 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 215 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 215, Axis Residences 3

Starts from the last sale price (AED 483K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 483,491
Deposit, UAE resident (20%)
AED 96,698
Deposit, non-resident (40%)
AED 193,396
Monthly over 25 years at 3.7%
AED 1,978

Plus AED 23,217 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →