1-bed · 808 sqftAxis Residences 3, Dubai Silicon Oasis · 6th floor · completed 2009

611, Axis Residences 3

Sold prices and rental history: sold once, by the developer in January 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 478K5 January 2012
Current rentAED 23K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Axis Residences 3

What is 611 worth today?

Last sold for AED 477,600 in 2012

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1 Apr 2025RentedRenewal
AED 23,000/yr12 months · AED 28 per sqft
1 Apr 2024RentedRenewal
AED 23,000/yr12 months · AED 28 per sqft
1 Apr 2023RentedRenewal
AED 23,000/yr12 months · AED 28 per sqft
1 Apr 2022RentedRenewal
AED 25,000/yr12 months · AED 31 per sqft
23 Sep 2020RentedRenewal
AED 28,000/yr6 months · AED 35 per sqft
23 Sep 2019RentedNew contract
AED 39,000/yr12 months · AED 48 per sqft
24 Sep 2018RentedNew contract
AED 43,000/yr12 months · AED 53 per sqft
25 Jul 2017RentedNew contract
AED 53,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
6th of 8
Parking
36
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
AED 478K · January 2012

About 611, Axis Residences 3

611 is a one-bedroom apartment of 808 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 5 January 2012 for AED 477,600, or AED 591 per sqft, in line with the AED 591 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 23,000 a year: a gross yield of 4.8% on the 2012 price, before the service charge of about AED 9,700 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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, January 2012: AED 477,600 (AED 591 per sqft)

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

Rents
Unit 611, 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, July 2017: AED 53,000 a yearNew contract, September 2018: AED 43,000 a yearNew contract, September 2019: AED 39,000 a yearRenewal, September 2020: AED 28,000 a yearRenewal, April 2022: AED 25,000 a yearRenewal, April 2023: AED 23,000 a yearRenewal, April 2024: AED 23,000 a yearRenewal, April 2025: AED 23,000 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 611 sits

All 126 1-beds →

611 last sold in January 2012 at AED 591 per sqft, in line with 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. 611's AED 23,000 is at the bottom 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
6041-bedAED 625K · Dec 2017
605AED 570K · Aug 2025
6061-bedAED 547K · Feb 2012
6071-bedAED 435K · Jan 2012
1–7 of 15

611, Axis Residences 3 in numbers

  • Sold once: by Gulf General Investments Co on 5 January 2012 for AED 477,600, or AED 591 per sqft.
  • Rented since July 2017 on 8 Ejari contracts, from AED 53,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2012 price is 4.8%, before a service charge of about AED 9,700 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 1 April 2025.

Questions about 611, Axis Residences 3

What did unit 611 last sell for?

AED 477,600 on 5 January 2012, sold by the developer: AED 591 per sqft for 808 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 23,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 23,000; the unit has been rented since July 2017.

How big is unit 611?

808 sqft (75.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 611 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 611, Axis Residences 3

Starts from the last sale price (AED 478K, 5 January 2012). Switch to today's estimate once you have unlocked it.
Price
AED 477,600
Deposit, UAE resident (20%)
AED 95,520
Deposit, non-resident (40%)
AED 191,040
Monthly over 25 years at 3.7%
AED 1,954

Plus AED 22,969 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →