316, Axis Residences 3
Sold prices and rental history: sold twice, last in December 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 316, Axis Residences 3
What is 316 worth today?
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Source: Dubai Land Department. Updated 18 December 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 3rd of 8
- Parking
- 48
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 381K · December 2024
- Building
- Axis Residences 3
About 316, Axis Residences 3
316 is a one-bedroom apartment of 857 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 18 December 2024 for AED 380,500, or AED 443 per sqft, 21% below the AED 563 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 October 2023, is AED 41,000 a year: a gross yield of 10.8% on the 2024 price, before the service charge of about AED 10,200 a year.
Sales and rents for 316 over time
316 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 316 sits
All 126 1-beds →316 last sold in December 2024 at AED 443 per sqft, 21% below what one-beds in Axis Residences 3 were fetching at the time (AED 563). 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. 316's AED 41,000 is in the lower 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 | |
| 308 | 1-bed | 870 sqft | AED 453KAED 453,000 · Feb 2024February 2024 | 54,000 /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, Axis Residences 3 in numbers
- Sold twice: first on 7 October 2018 for AED 1,735,900, last on 18 December 2024 for AED 380,500 (AED 443 per sqft).
- Rented since May 2013 on 7 Ejari contracts. The rent fell from AED 34,650 to AED 28,000 in 2021 and recovered to AED 41,000 by October 2023.
- At AED 41,000 a year the gross yield on the 2024 price is 10.8%, before a service charge of about AED 10,200 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 18 December 2024.
Questions about 316, Axis Residences 3
What did unit 316 last sell for?
AED 380,500 on 18 December 2024: AED 443 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,735,900 in October 2018.
What is the rent for unit 316?
AED 41,000 a year on the contract signed on 15 October 2023. The previous contract, from October 2022, was AED 36,000; the unit has been rented since May 2013.
How big is unit 316?
857 sqft (79.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.
What is unit 316 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 316, Axis Residences 3
Starts from the last sale price (AED 381K, 18 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 380,500
- Deposit, UAE resident (20%)
- AED 76,100
- Deposit, non-resident (40%)
- AED 152,200
- Monthly over 25 years at 3.7%
- AED 1,557
Plus AED 18,891 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →