1-bed · 809 sqftAxis Residences 3, Dubai Silicon Oasis · 5th floor · completed 2009

502, Axis Residences 3

Sold prices and rental history: no registered sale, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 15 December 2024
Current rentAED 40K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Axis Residences 3

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15 Dec 2024RentedRenewal
AED 40,480/yr12 months · AED 50 per sqft
15 Dec 2023RentedRenewal
AED 36,800/yr12 months · AED 46 per sqft
28 Sep 2022RentedNew contract
AED 23,377/yr3 months · AED 29 per sqft
15 Dec 2021RentedRenewal
AED 30,000/yr12 months · AED 37 per sqft
15 Dec 2020RentedRenewal
AED 32,000/yr12 months · AED 40 per sqft
15 Dec 2019RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
14 Apr 2018RentedRenewal
AED 49,000/yr12 months · AED 61 per sqft
14 Apr 2017RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
1-bed apartment
Size
809 sqft
Floor
5th of 8
Parking
65
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
No registered sale

About 502, Axis Residences 3

502 is a one-bedroom apartment of 809 sqft on the 5th floor of Axis Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. No sale of the unit is registered with the Dubai Land Department.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 40,480 a year, before the service charge of about AED 9,700 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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 525,000

No registered sale of 502; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in Axis Residences 3
20K40K60K2012201620202024Typical 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, September 2012: AED 35,000 a yearNew contract, September 2014: AED 43,700 a yearNew contract, April 2016: AED 60,000 a yearRenewal, April 2017: AED 60,000 a yearRenewal, April 2018: AED 49,000 a yearNew contract, December 2019: AED 35,000 a yearRenewal, December 2020: AED 32,000 a yearRenewal, December 2021: AED 30,000 a yearNew contract, September 2022: AED 23,377 a yearRenewal, December 2023: AED 36,800 a yearRenewal, December 2024: AED 40,480 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 502 sits

All 126 1-beds →

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. 502's AED 40,480 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 5th floor

All 128 units in Axis Residences 3
Value
5011-bedNo registered sale
5031-bedNo registered sale
5041-bedNo registered sale
5051-bedNo registered sale
5061-bedAED 345K · Aug 2022
5071-bedAED 565K · May 2025
5081-bedNo registered sale
1–7 of 15

502, Axis Residences 3 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since September 2012 on 11 Ejari contracts. The rent fell from AED 35,000 to AED 23,377 in 2022 and recovered to AED 40,480 by December 2024.
  • 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 15 December 2024.

Questions about 502, Axis Residences 3

What is the rent for unit 502?

AED 40,480 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 36,800; the unit has been rented since September 2012.

How big is unit 502?

809 sqft (75.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.

What is unit 502 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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