308, Axis Residences 3
Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Axis Residences 3
What is 308 worth today?
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Source: Dubai Land Department. Updated 1 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 3rd of 8
- Parking
- 40
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,400 /yr
- Last sold
- AED 453K · February 2024
- Building
- Axis Residences 3
About 308, Axis Residences 3
308 is a one-bedroom apartment of 870 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 15 February 2024 for AED 453,000, or AED 520 per sqft, 4% above the AED 500 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 March 2025, is AED 54,000 a year: a gross yield of 11.9% on the 2024 price, before the service charge of about AED 10,400 a year.
Sales and rents for 308 over time
308 has sold twice; 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 308 sits
All 126 1-beds →308 last sold in February 2024 at AED 520 per sqft, 4% above what one-beds in Axis Residences 3 were fetching at the time (AED 500). 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. 308's AED 54,000 is in the upper 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 3rd floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 855 sqft | AED 360KAED 360,000 · Sep 2022September 2022 | ||
| 302 | 1-bed | 809 sqft | AED 445KAED 444,730 · Jun 2013June 2013 | 26,000 /yr | |
| 303 | 1-bed | 808 sqft | AED 484KAED 484,200 · Feb 2013February 2013 | 44,000 /yr | |
| 304 | 1-bed | 968 sqft | AED 360KAED 360,000 · Sep 2022September 2022 | 54,000 /yr | |
| 305 | 1-bed | 968 sqft | AED 315KAED 315,000 · Mar 2018March 2018 | 41,055 /yr | |
| 306 | 1-bed | 808 sqft | AED 667KAED 666,551 · Aug 2017August 2017 | 50,000 /yr | |
| 307 | 1-bed | 751 sqft | AED 580KAED 580,000 · Sep 2013September 2013 | 29,000 /yr | |
| 309 | 1-bed | 870 sqft | AED 529KAED 528,821 · Feb 2022February 2022 | 54,000 /yr | |
| 310 | 1-bed | 751 sqft | AED 570KAED 570,000 · Sep 2024September 2024 | 40,466 /yr | |
| 311 | 1-bed | 808 sqft | No registered sale | 41,745 /yr | |
| 312 | 1-bed | 968 sqft | AED 380KAED 380,000 · Nov 2022November 2022 | 52,000 /yr | |
| 313 | 645 sqft | AED 1.74MAED 1,735,800 · Jun 2015June 2015 | 40,000 /yr | ||
| 314 | 1-bed | 808 sqft | AED 530KAED 530,000 · May 2018May 2018 | 35,000 /yr | |
| 315 | 1-bed | 813 sqft | AED 504KAED 503,806 · Dec 2014December 2014 | 48,000 /yr | |
| 316 | 1-bed | 857 sqft | AED 381KAED 380,500 · Dec 2024December 2024 | 41,000 /yr |
308, Axis Residences 3 in numbers
- Sold twice: first on 3 April 2014 for AED 1,711,800, last on 15 February 2024 for AED 453,000 (AED 520 per sqft).
- Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 32,000 to AED 28,000 in 2022 and recovered to AED 54,000 by March 2025.
- At AED 54,000 a year the gross yield on the 2024 price is 11.9%, before a service charge of about AED 10,400 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 1 March 2025.
Questions about 308, Axis Residences 3
What did unit 308 last sell for?
AED 453,000 on 15 February 2024: AED 520 per sqft for 870 sqft. The unit has 2 registered sales; the first was AED 1,711,800 in April 2014.
What is the rent for unit 308?
AED 54,000 a year on the contract signed on 1 March 2025. The previous contract, from February 2024, was AED 42,000; the unit has been rented since March 2013.
How big is unit 308?
870 sqft (80.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.
What is unit 308 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 308, Axis Residences 3
Starts from the last sale price (AED 453K, 15 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 453,000
- Deposit, UAE resident (20%)
- AED 90,600
- Deposit, non-resident (40%)
- AED 181,200
- Monthly over 25 years at 3.7%
- AED 1,853
Plus AED 21,936 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →