1-bed · 809 sqftAxis Residences 3, Dubai Silicon Oasis · 8th floor · completed 2009

802, Axis Residences 3

Sold prices and rental history: sold once, by the developer in February 2013, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 22 March 2024
Last soldAED 500K10 February 2013
Current rentAED 45K /yr22 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Axis Residences 3

What is 802 worth today?

Last sold for AED 500,000 in 2013

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22 Mar 2024RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
8 Apr 2017RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
10 Feb 2013Sold by developerReady
AED 500,000AED 618 per sqft

Source: Dubai Land Department. Updated 22 March 2024.

Key facts

Type
1-bed apartment
Size
809 sqft
Floor
8th of 8
Parking
114
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,700 /yr
Last sold
AED 500K · February 2013

About 802, Axis Residences 3

802 is a one-bedroom apartment of 809 sqft on the 8th 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 10 February 2013 for AED 500,000, or AED 618 per sqft, 5% above the AED 591 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 22 March 2024, is AED 45,000 a year: a gross yield of 9.0% on the 2013 price, before the service charge of about AED 9,700 a year.

Sales and rents for 802 over time

Sales
Unit 802, 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, February 2013: AED 500,000 (AED 618 per sqft)

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

Rents
Unit 802, 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, April 2017: AED 60,000 a yearNew contract, March 2024: AED 45,000 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 802 sits

All 126 1-beds →

802 last sold in February 2013 at AED 618 per sqft, 5% above 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. 802's AED 45,000 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 8th floor

All 128 units in Axis Residences 3
Value
8011-bedAED 500K · Feb 2013
8031-bedAED 600K · Nov 2015
8041-bedAED 500K · Feb 2013
8051-bedAED 500K · Feb 2013
8061-bedNo registered sale
8071-bedAED 1.26M · Jun 2016
8081-bedAED 1.59M · Jun 2015
1–7 of 15

802, Axis Residences 3 in numbers

  • Sold once: by Gulf General Investments Co on 10 February 2013 for AED 500,000, or AED 618 per sqft.
  • Rented since April 2017 on 2 Ejari contracts, from AED 60,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2013 price is 9.0%, 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 22 March 2024.

Questions about 802, Axis Residences 3

What did unit 802 last sell for?

AED 500,000 on 10 February 2013, sold by the developer: AED 618 per sqft for 809 sqft. It is the only registered sale of the unit.

What is the rent for unit 802?

AED 45,000 a year on the contract signed on 22 March 2024. The previous contract, from April 2017, was AED 60,000.

How big is unit 802?

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

What is unit 802 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 802, Axis Residences 3

Starts from the last sale price (AED 500K, 10 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →