1-bed · 968 sqftAxis Residences 3, Dubai Silicon Oasis · 3rd floor · completed 2009

304, Axis Residences 3

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 360K22 September 2022
Current rentAED 54K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Axis Residences 3

What is 304 worth today?

Last sold for AED 360,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

25 May 2025RentedRenewal
AED 54,000/yr12 months · AED 56 per sqft
25 May 2024RentedNew contract
AED 54,000/yr12 months · AED 56 per sqft
22 Sep 2022SoldReady
AED 360,000AED 371 per sqft
20 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 29 per sqft
1 Sep 2020RentedNew contract
AED 30,081/yr12 months · AED 31 per sqft
1 Nov 2018RentedRenewal
AED 47,000/yr12 months · AED 49 per sqft
1 Nov 2016RentedNew contract
AED 50,000/yr12 months · AED 52 per sqft
16 Aug 2015Sold by developerReady
AED 800,000AED 826 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
3rd of 8
Parking
129
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 360K · September 2022

About 304, Axis Residences 3

304 is a one-bedroom apartment of 968 sqft on the 3rd 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 22 September 2022 for AED 360,000, or AED 371 per sqft, 13% below the AED 426 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 25 May 2025, is AED 54,000 a year: a gross yield of 15.0% on the 2022 price, before the service charge of about AED 11,600 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical one-bed in Axis Residences 3
400K600K800K2011201520192023Typical 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, August 2015: AED 800,000 (AED 826 per sqft)Sold, September 2022: AED 360,000 (AED 371 per sqft)

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

Rents
Unit 304, 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, November 2013: AED 45,000 a yearNew contract, November 2016: AED 50,000 a yearRenewal, November 2018: AED 47,000 a yearNew contract, September 2020: AED 30,081 a yearNew contract, December 2020: AED 28,000 a yearNew contract, May 2024: AED 54,000 a yearRenewal, May 2025: AED 54,000 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 304 sits

All 126 1-beds →

304 last sold in September 2022 at AED 371 per sqft, 13% below what one-beds in Axis Residences 3 were fetching at the time (AED 426). 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. 304's AED 54,000 is in the upper 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 3rd floor

All 128 units in Axis Residences 3
Value
3011-bedAED 360K · Sep 2022
3021-bedAED 445K · Jun 2013
3031-bedAED 484K · Feb 2013
3051-bedAED 315K · Mar 2018
3061-bedAED 667K · Aug 2017
3071-bedAED 580K · Sep 2013
3081-bedAED 453K · Feb 2024
1–7 of 15

304, Axis Residences 3 in numbers

  • Sold twice: first on 16 August 2015 for AED 800,000, last on 22 September 2022 for AED 360,000 (AED 371 per sqft).
  • Rented since November 2013 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2020 and recovered to AED 54,000 by May 2025.
  • At AED 54,000 a year the gross yield on the 2022 price is 15.0%, before a service charge of about AED 11,600 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 May 2025.

Questions about 304, Axis Residences 3

What did unit 304 last sell for?

AED 360,000 on 22 September 2022: AED 371 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 800,000 in August 2015.

What is the rent for unit 304?

AED 54,000 a year on the contract renewed on 25 May 2025. The previous contract, from May 2024, was AED 54,000; the unit has been rented since November 2013.

How big is unit 304?

968 sqft (89.9 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 304 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.

Selling 304? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 304, Axis Residences 3

Starts from the last sale price (AED 360K, 22 September 2022). 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 →