416, Axis Residences 3
Sold prices and rental history: sold twice, last in January 2016, 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 416, Axis Residences 3
What is 416 worth today?
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Source: Dubai Land Department. Updated 14 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 857 sqft
- Floor
- 4th of 8
- Parking
- 63
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 313K · January 2016
- Building
- Axis Residences 3
About 416, Axis Residences 3
416 is a one-bedroom apartment of 857 sqft on the 4th 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 27 January 2016 for AED 312,500, or AED 364 per sqft, 55% below the AED 804 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 14 June 2024, is AED 45,000 a year: a gross yield of 14.4% on the 2016 price, before the service charge of about AED 10,200 a year.
Sales and rents for 416 over time
416 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 416 sits
All 126 1-beds →416 last sold in January 2016 at AED 364 per sqft, 55% below what one-beds in Axis Residences 3 were fetching at the time (AED 804). 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. 416's AED 45,000 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 4th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 855 sqft | AED 770KAED 770,000 · Apr 2016April 2016 | ||
| 402 | 1-bed | 809 sqft | No registered sale | 42,504 /yr | |
| 403 | 1-bed | 808 sqft | AED 350KAED 350,000 · Sep 2020September 2020 | 59,000 /yr | |
| 404 | 1-bed | 968 sqft | AED 620KAED 620,000 · Dec 2025December 2025 | 41,700 /yr | |
| 405 | 1-bed | 968 sqft | AED 436KAED 436,300 · Feb 2022February 2022 | 32,000 /yr | |
| 406 | 1-bed | 808 sqft | AED 348KAED 348,000 · Dec 2022December 2022 | 55,000 /yr | |
| 407 | 1-bed | 751 sqft | AED 360KAED 360,000 · Feb 2020February 2020 | 36,000 /yr | |
| 408 | 1-bed | 870 sqft | AED 517KAED 516,600 · Jan 2012January 2012 | 36,000 /yr | |
| 409 | 1-bed | 870 sqft | AED 520KAED 520,000 · May 2025May 2025 | 47,000 /yr | |
| 410 | 1-bed | 751 sqft | AED 578KAED 578,000 · Apr 2015April 2015 | 34,000 /yr | |
| 411 | 1-bed | 808 sqft | AED 400KAED 400,000 · Mar 2013March 2013 | 37,260 /yr | |
| 412 | 1-bed | 968 sqft | AED 422KAED 422,000 · Sep 2022September 2022 | 46,000 /yr | |
| 413 | 1-bed | 968 sqft | AED 600KAED 600,000 · Nov 2015November 2015 | 41,000 /yr | |
| 414 | 1-bed | 808 sqft | AED 905KAED 905,186 · Feb 2015February 2015 | 31,000 /yr | |
| 415 | 1-bed | 813 sqft | AED 931KAED 930,779 · Feb 2015February 2015 | 53,000 /yr |
416, Axis Residences 3 in numbers
- Sold twice: first on 4 October 2012 for AED 511,200, last on 27 January 2016 for AED 312,500 (AED 364 per sqft).
- Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 36,000 in 2023 and recovered to AED 45,000 by June 2024.
- At AED 45,000 a year the gross yield on the 2016 price is 14.4%, 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 14 June 2024.
Questions about 416, Axis Residences 3
What did unit 416 last sell for?
AED 312,500 on 27 January 2016: AED 364 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 511,200 in October 2012.
What is the rent for unit 416?
AED 45,000 a year on the contract renewed on 14 June 2024. The previous contract, from June 2023, was AED 36,000; the unit has been rented since May 2013.
How big is unit 416?
857 sqft (79.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 416 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 416, Axis Residences 3
Starts from the last sale price (AED 313K, 27 January 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 312,500
- Deposit, UAE resident (20%)
- AED 62,500
- Deposit, non-resident (40%)
- AED 125,000
- Monthly over 25 years at 3.7%
- AED 1,279
Plus AED 16,035 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →