601, Axis Residences 3
Sold prices and rental history: sold once, by the developer in May 2012, 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 601, Axis Residences 3
What is 601 worth today?
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Source: Dubai Land Department. Updated 2 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 855 sqft
- Floor
- 6th of 8
- Parking
- 80
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 470K · May 2012
- Building
- Axis Residences 3
About 601, Axis Residences 3
601 is a one-bedroom apartment of 855 sqft on the 6th floor of Axis Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. The developer sold it on 17 May 2012 for AED 470,355, or AED 549 per sqft, 7% below the AED 591 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 2 September 2024, is AED 54,000 a year: a gross yield of 11.5% on the 2012 price, before the service charge of about AED 10,200 a year.
Sales and rents for 601 over time
601 has sold once; 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 601 sits
All 126 1-beds →601 last sold in May 2012 at AED 549 per sqft, 7% below what one-beds in Axis Residences 3 were fetching at the time (AED 591). 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. 601'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 6th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 809 sqft | AED 530KAED 530,000 · Feb 2025February 2025 | 53,000 /yr | |
| 603 | 1-bed | 808 sqft | AED 380KAED 380,000 · Apr 2023April 2023 | 38,000 /yr | |
| 604 | 1-bed | 968 sqft | AED 625KAED 625,000 · Dec 2017December 2017 | 48,000 /yr | |
| 605 | 968 sqft | AED 570KAED 570,000 · Aug 2025August 2025 | 37,500 /yr | ||
| 606 | 1-bed | 808 sqft | AED 547KAED 546,914 · Feb 2012February 2012 | 50,400 /yr | |
| 607 | 1-bed | 751 sqft | AED 435KAED 435,000 · Jan 2012January 2012 | 52,000 /yr | |
| 608 | 1-bed | 870 sqft | AED 500KAED 500,000 · Jul 2013July 2013 | 41,580 /yr | |
| 609 | 1-bed | 870 sqft | AED 520KAED 519,600 · Nov 2011November 2011 | 52,000 /yr | |
| 610 | 1-bed | 751 sqft | AED 435KAED 435,000 · Jan 2012January 2012 | 53,000 /yr | |
| 611 | 1-bed | 808 sqft | AED 478KAED 477,600 · Jan 2012January 2012 | 23,000 /yr | |
| 612 | 1-bed | 968 sqft | AED 430KAED 430,000 · Sep 2023September 2023 | 38,000 /yr | |
| 613 | 1-bed | 968 sqft | AED 547KAED 546,914 · Feb 2012February 2012 | 41,140 /yr | |
| 614 | 1-bed | 808 sqft | AED 547KAED 546,914 · Feb 2012February 2012 | 43,832 /yr | |
| 615 | 1-bed | 813 sqft | AED 565KAED 565,000 · Nov 2024November 2024 | 50,000 /yr | |
| 616 | 1-bed | 857 sqft | AED 547KAED 546,914 · Feb 2012February 2012 | 48,000 /yr |
601, Axis Residences 3 in numbers
- Sold once: by Gulf General Investments Co on 17 May 2012 for AED 470,355, or AED 549 per sqft.
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 37,000 to AED 15,000 in 2022 and recovered to AED 54,000 by September 2024.
- At AED 54,000 a year the gross yield on the 2012 price is 11.5%, 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 2 September 2024.
Questions about 601, Axis Residences 3
What did unit 601 last sell for?
AED 470,355 on 17 May 2012, sold by the developer: AED 549 per sqft for 855 sqft. It is the only registered sale of the unit.
What is the rent for unit 601?
AED 54,000 a year on the contract signed on 2 September 2024. The previous contract, from August 2023, was AED 43,000; the unit has been rented since October 2013.
How big is unit 601?
855 sqft (79.4 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.
What is unit 601 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 601, Axis Residences 3
Starts from the last sale price (AED 470K, 17 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 470,355
- Deposit, UAE resident (20%)
- AED 94,071
- Deposit, non-resident (40%)
- AED 188,142
- Monthly over 25 years at 3.7%
- AED 1,924
Plus AED 22,665 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →