513, Axis Residences 3
Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 513, Axis Residences 3
What is 513 worth today?
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Source: Dubai Land Department. Updated 5 December 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 968 sqft
- Floor
- 5th of 8
- Parking
- 76
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 11,600 /yr
- Last sold
- AED 275K · December 2017
- Building
- Axis Residences 3
About 513, Axis Residences 3
513 is a one-bedroom apartment of 968 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. It last sold on 5 December 2017 for AED 275,000, or AED 284 per sqft, 59% below the AED 699 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 5 August 2016, is AED 58,000 a year: a gross yield of 21.1% on the 2017 price, before the service charge of about AED 11,600 a year.
Sales and rents for 513 over time
513 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 513 sits
All 126 1-beds →513 last sold in December 2017 at AED 284 per sqft, 59% below what one-beds in Axis Residences 3 were fetching at the time (AED 699). 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. 513's AED 58,000 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 5th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 855 sqft | No registered sale | 55,000 /yr | |
| 502 | 1-bed | 809 sqft | No registered sale | 40,480 /yr | |
| 503 | 1-bed | 808 sqft | No registered sale | 55,000 /yr | |
| 504 | 1-bed | 968 sqft | No registered sale | 43,010 /yr | |
| 505 | 1-bed | 968 sqft | No registered sale | 41,745 /yr | |
| 506 | 1-bed | 808 sqft | AED 345KAED 345,000 · Aug 2022August 2022 | 42,000 /yr | |
| 507 | 1-bed | 751 sqft | AED 565KAED 565,000 · May 2025May 2025 | 63,000 /yr | |
| 508 | 1-bed | 870 sqft | No registered sale | 40,480 /yr | |
| 509 | 1-bed | 870 sqft | AED 1.51MAED 1,507,000 · Oct 2012October 2012 | 48,000 /yr | |
| 510 | 1-bed | 751 sqft | AED 353KAED 352,886 · Oct 2021October 2021 | 50,000 /yr | |
| 511 | 1-bed | 808 sqft | AED 650KAED 650,000 · Sep 2015September 2015 | 48,000 /yr | |
| 512 | 1-bed | 968 sqft | AED 1.48MAED 1,484,500 · Sep 2012September 2012 | 48,000 /yr | |
| 514 | 1-bed | 808 sqft | AED 400KAED 400,000 · Aug 2023August 2023 | 34,000 /yr | |
| 515 | 1-bed | 813 sqft | AED 1.41MAED 1,414,900 · Sep 2012September 2012 | 48,000 /yr | |
| 516 | 1-bed | 857 sqft | AED 1.48MAED 1,484,500 · Sep 2012September 2012 | 35,000 /yr |
513, Axis Residences 3 in numbers
- Sold twice: first on 19 March 2013 for AED 749,593, last on 5 December 2017 for AED 275,000 (AED 284 per sqft).
- Rented since August 2012 on 5 Ejari contracts, from AED 35,000 to AED 58,000 a year.
- At AED 58,000 a year the gross yield on the 2017 price is 21.1%, 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 5 December 2017.
Questions about 513, Axis Residences 3
What did unit 513 last sell for?
AED 275,000 on 5 December 2017: AED 284 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 749,593 in March 2013.
What is the rent for unit 513?
AED 58,000 a year on the contract renewed on 5 August 2016. The previous contract, from August 2015, was AED 58,000; the unit has been rented since August 2012.
How big is unit 513?
968 sqft (89.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.
What is unit 513 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 513, Axis Residences 3
Starts from the last sale price (AED 275K, 5 December 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 275,000
- Deposit, UAE resident (20%)
- AED 55,000
- Deposit, non-resident (40%)
- AED 110,000
- Monthly over 25 years at 3.7%
- AED 1,125
Plus AED 14,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →