103, Axis Residences 1
Sold prices and rental history: sold 6 times, last in February 2023, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Axis Residences 1
What is 103 worth today?
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Source: Dubai Land Department. Updated 5 August 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 854 sqft
- Floor
- 1st of 8
- Parking
- G-124
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 390K · February 2023
- Building
- Axis Residences 1
About 103, Axis Residences 1
103 is a one-bedroom apartment of 854 sqft on the 1st floor of Axis Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 2 February 2023 for AED 390,000, or AED 302 per sqft, 29% below the AED 426 one-beds in the building were fetching at the time.
It has been rented continuously since 2011 on 21 Ejari contracts. The current contract, renewed on 5 August 2026, is AED 42,500 a year: a gross yield of 10.9% on the 2023 price, before the service charge of about AED 10,200 a year.
Sales and rents for 103 over time
103 has sold 6 times; 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 1, and where 103 sits
All 79 1-beds →103 last sold in February 2023 at AED 302 per sqft, 29% below what one-beds in Axis Residences 1 were fetching at the time (AED 426). Over the last 12 months one-beds sold for AED 295,000 to 700,000, around AED 653 per sqft, and rent for AED 30,000 to 84,000 a year. 103's AED 42,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 852 sqft | 620,000 | 728 | ||
| 15 Oct 202615 October 2026 | 931 sqft | 560,000 | 601 | ||
| 24 Sep 202624 September 2026 | 860 sqft | 565,000 | 657 | ||
| 23 Sep 202623 September 2026 | 898 sqft | 600,000 | 668 |
Axis Residences 1
Building80 apartments, studios to 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 22 sold in the last 12 months.
- Typical price per sqft
- AED 653 Up 4.6%
- Typical sale
- AED 563K
- Typical rent
- AED 53K /yr
- Typical yield
- 9.1%
Other units on the 1st floor
All 80 units in Axis Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 847 sqft | AED 410KAED 410,000 · Jun 2026June 2026 | 60,000 /yr | |
| 102 | 1-bed | 848 sqft | AED 575KAED 575,000 · Dec 2025December 2025 | 50,000 /yr | |
| 104 | 1-bed | 938 sqft | AED 600KAED 600,000 · Mar 2018March 2018 | 53,000 /yr | |
| 105 | 1-bed | 938 sqft | AED 390KAED 390,000 · Dec 2019December 2019 | 48,000 /yr | |
| 106 | 1-bed | 898 sqft | AED 625KAED 625,000 · Jan 2026January 2026 | 64,000 /yr | |
| 107 | 1-bed | 848 sqft | AED 449KAED 449,022 · Apr 2026April 2026 | 42,000 /yr | |
| 108 | 1-bed | 1,117 sqft | AED 630KAED 630,000 · Mar 2026March 2026 | 58,000 /yr | |
| 109 | Studio | 612 sqft | AED 490KAED 490,000 · Oct 2025October 2025 | 45,000 /yr | |
| 110 | 1-bed | 874 sqft | AED 450KAED 450,000 · Jan 2024January 2024 | 42,446 /yr |
103, Axis Residences 1 in numbers
- Sold 6 times: first on 13 April 2015 for AED 931,222, last on 2 February 2023 for AED 390,000 (AED 302 per sqft).
- Rented since April 2011 on 21 Ejari contracts. The rent fell from AED 38,769 to AED 8,333 in 2013 and recovered to AED 42,500 by August 2026.
- At AED 42,500 a year the gross yield on the 2023 price is 10.9%, before a service charge of about AED 10,200 a year (AED 11.95 per sqft).
- One-beds in Axis Residences 1 sold for AED 295,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 653 per sqft.
Source: Dubai Land Department. Updated 5 August 2026.
Questions about 103, Axis Residences 1
What did unit 103 last sell for?
AED 390,000 on 2 February 2023: AED 302 per sqft for 854 sqft. The unit has 6 registered sales; the first was AED 931,222 in April 2015.
What is the rent for unit 103?
AED 42,500 a year on the contract renewed on 5 August 2026. The previous contract, from March 2026, was AED 45,000; the unit has been rented since April 2011.
How big is unit 103?
854 sqft (79.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2009.
What is unit 103 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 1 sold for AED 295,000 to 700,000 in the last 12 months, around AED 653 per sqft.
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Mortgage on 103, Axis Residences 1
Starts from the last sale price (AED 390K, 2 February 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →