815, Axis Residences 3
Sold prices and rental history: sold twice, last in September 2023, 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 815, Axis Residences 3
What is 815 worth today?
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Source: Dubai Land Department. Updated 15 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 813 sqft
- Floor
- 8th of 8
- Parking
- 127
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 9,700 /yr
- Last sold
- AED 453K · September 2023
- Building
- Axis Residences 3
About 815, Axis Residences 3
815 is a one-bedroom apartment of 813 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. It last sold on 12 September 2023 for AED 453,074, or AED 557 per sqft, 17% above the AED 478 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 15 April 2024, is AED 40,480 a year: a gross yield of 8.9% on the 2023 price, before the service charge of about AED 9,700 a year.
Sales and rents for 815 over time
815 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 815 sits
All 126 1-beds →815 last sold in September 2023 at AED 557 per sqft, 17% above what one-beds in Axis Residences 3 were fetching at the time (AED 478). 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. 815's AED 40,480 is in the lower 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 8th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 1-bed | 855 sqft | AED 500KAED 500,000 · Feb 2013February 2013 | 55,000 /yr | |
| 802 | 1-bed | 809 sqft | AED 500KAED 500,000 · Feb 2013February 2013 | 45,000 /yr | |
| 803 | 1-bed | 808 sqft | AED 600KAED 600,000 · Nov 2015November 2015 | 28,000 /yr | |
| 804 | 1-bed | 968 sqft | AED 500KAED 500,000 · Feb 2013February 2013 | 33,500 /yr | |
| 805 | 1-bed | 968 sqft | AED 500KAED 500,000 · Feb 2013February 2013 | 38,000 /yr | |
| 806 | 1-bed | 808 sqft | No registered sale | 43,000 /yr | |
| 807 | 1-bed | 751 sqft | AED 1.26MAED 1,261,300 · Jun 2016June 2016 | 36,000 /yr | |
| 808 | 1-bed | 870 sqft | AED 1.59MAED 1,587,200 · Jun 2015June 2015 | 52,000 /yr | |
| 809 | 1-bed | 870 sqft | AED 600KAED 600,000 · Dec 2015December 2015 | 40,702 /yr | |
| 810 | 1-bed | 751 sqft | AED 520KAED 520,000 · Jan 2025January 2025 | 55,000 /yr | |
| 811 | 1-bed | 808 sqft | AED 520KAED 520,000 · May 2025May 2025 | 42,000 /yr | |
| 812 | 1-bed | 968 sqft | AED 370KAED 370,000 · Mar 2022March 2022 | 46,249 /yr | |
| 813 | 1-bed | 968 sqft | AED 600KAED 600,000 · Dec 2017December 2017 | 43,832 /yr | |
| 814 | 1-bed | 808 sqft | AED 575KAED 575,000 · May 2014May 2014 | 50,000 /yr | |
| 816 | 1-bed | 857 sqft | AED 547KAED 546,914 · Feb 2012February 2012 | 58,000 /yr |
815, Axis Residences 3 in numbers
- Sold twice: first on 3 February 2013 for AED 500,000, last on 12 September 2023 for AED 453,074 (AED 557 per sqft).
- Rented since October 2012 on 7 Ejari contracts. The rent fell from AED 34,000 to AED 30,000 in 2021 and recovered to AED 40,480 by April 2024.
- At AED 40,480 a year the gross yield on the 2023 price is 8.9%, 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 15 April 2024.
Questions about 815, Axis Residences 3
What did unit 815 last sell for?
AED 453,074 on 12 September 2023: AED 557 per sqft for 813 sqft. The unit has 2 registered sales; the first was AED 500,000 in February 2013.
What is the rent for unit 815?
AED 40,480 a year on the contract signed on 15 April 2024. The previous contract, from April 2023, was AED 36,800; the unit has been rented since October 2012.
How big is unit 815?
813 sqft (75.5 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2009.
What is unit 815 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 815, Axis Residences 3
Starts from the last sale price (AED 453K, 12 September 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 453,074
- Deposit, UAE resident (20%)
- AED 90,615
- Deposit, non-resident (40%)
- AED 181,230
- Monthly over 25 years at 3.7%
- AED 1,854
Plus AED 21,939 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →