1-bed · 968 sqftAxis Residences 3, Dubai Silicon Oasis · 6th floor · completed 2009

604, Axis Residences 3

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 625K6 December 2017
Current rentAED 48K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Axis Residences 3

What is 604 worth today?

Last sold for AED 625,000 in 2017

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15 Nov 2024RentedRenewal
AED 48,000/yr12 months · AED 50 per sqft
15 Nov 2023RentedRenewal
AED 40,500/yr12 months · AED 42 per sqft
15 Nov 2022RentedRenewal
AED 40,500/yr12 months · AED 42 per sqft
6 Dec 2017SoldReady
AED 625,000AED 645 per sqft
10 Jan 2017RentedNew contract
AED 61,151/yr12 months · AED 63 per sqft
2 Feb 2016RentedNew contract
AED 52,000/yr12 months · AED 54 per sqft
10 Jan 2016RentedNew contract
AED 61,151/yr12 months · AED 63 per sqft
1 Aug 2013Sold by developerReady
AED 582,000AED 601 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
6th of 8
Parking
83
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 625K · December 2017

About 604, Axis Residences 3

604 is a one-bedroom apartment of 968 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. It last sold on 6 December 2017 for AED 625,000, or AED 645 per sqft, 8% below the AED 699 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 48,000 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 11,600 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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 525,000Sold by developer, August 2013: AED 582,000 (AED 601 per sqft)Sold, December 2017: AED 625,000 (AED 645 per sqft)

604 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 604, each contractTypical one-bed in Axis Residences 3
40K60K2012201620202024Typical 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, January 2016: AED 61,151 a yearNew contract, February 2016: AED 52,000 a yearNew contract, January 2017: AED 61,151 a yearRenewal, November 2022: AED 40,500 a yearRenewal, November 2023: AED 40,500 a yearRenewal, November 2024: AED 48,000 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 604 sits

All 126 1-beds →

604 last sold in December 2017 at AED 645 per sqft, 8% 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. 604's AED 48,000 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 6th floor

All 128 units in Axis Residences 3
Value
6011-bedAED 470K · May 2012
6021-bedAED 530K · Feb 2025
6031-bedAED 380K · Apr 2023
605AED 570K · Aug 2025
6061-bedAED 547K · Feb 2012
6071-bedAED 435K · Jan 2012
6081-bedAED 500K · Jul 2013
1–7 of 15

604, Axis Residences 3 in numbers

  • Sold twice: first on 1 August 2013 for AED 582,000, last on 6 December 2017 for AED 625,000 (AED 645 per sqft).
  • Rented since January 2016 on 6 Ejari contracts. The rent fell from AED 61,151 to AED 40,500 in 2023 and recovered to AED 48,000 by November 2024.
  • At AED 48,000 a year the gross yield on the 2017 price is 7.7%, 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 15 November 2024.

Questions about 604, Axis Residences 3

What did unit 604 last sell for?

AED 625,000 on 6 December 2017: AED 645 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 582,000 in August 2013.

What is the rent for unit 604?

AED 48,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 40,500; the unit has been rented since January 2016.

How big is unit 604?

968 sqft (89.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 604 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 604, Axis Residences 3

Starts from the last sale price (AED 625K, 6 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 625,000
Deposit, UAE resident (20%)
AED 125,000
Deposit, non-resident (40%)
AED 250,000
Monthly over 25 years at 3.7%
AED 2,557

Plus AED 31,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →