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1-bed · 938 sqftAxis Residences 1, Dubai Silicon Oasis · 2nd floor · completed 2009

204, Axis Residences 1

Sold prices and rental history: sold 9 times, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 440K19 December 2023
Current rentAED 53K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Axis Residences 1

What is 204 worth today?

Last sold for AED 440,000 in 2023

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25 Nov 2025RentedRenewal
AED 53,000/yr12 months · AED 62 per sqft
25 Nov 2024RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
19 Dec 2023SoldReady
AED 440,000AED 469 per sqft
1 Jul 2023RentedRenewal
AED 38,000/yr12 months · AED 45 per sqft
1 Apr 2023RentedRenewal
AED 36,000/yr12 months · AED 38 per sqft
18 Jul 2022SoldReady
AED 386,000AED 453 per sqft
1 Jul 2022RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
1 Jul 2022RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
2nd of 8
Parking
G-151
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 440K · December 2023
Building
Axis Residences 1

About 204, Axis Residences 1

204 is a one-bedroom apartment of 938 sqft on the 2nd 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 19 December 2023 for AED 440,000, or AED 469 per sqft, 6% above the AED 444 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 29 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 53,000 a year: a gross yield of 12.0% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Axis Residences 1
500K1M20112015201920232027Typical sale price by year: 2011 AED 756,030; 2012 AED 922,153; 2013 AED 631,039; 2014 AED 829,819; 2015 AED 700,000; 2016 AED 620,000; 2017 AED 582,500; 2018 AED 500,000; 2019 AED 507,940; 2020 AED 337,500; 2021 AED 409,417; 2022 AED 380,000; 2023 AED 400,000; 2024 AED 480,000; 2025 AED 550,000; 2026 AED 555,000Sold by developer, February 2012: AED 788,721 (AED 841 per sqft)Sold, May 2015: AED 930,872 (AED 1,093 per sqft)Sold, July 2015: AED 1,055,440 (AED 1,125 per sqft)Sold, January 2016: AED 528,220 (AED 620 per sqft)Sold, October 2016: AED 660,000 (AED 703 per sqft)Sold, November 2017: AED 570,000 (AED 607 per sqft)Sold, November 2019: AED 400,000 (AED 426 per sqft)Sold, July 2022: AED 386,000 (AED 453 per sqft)Sold, December 2023: AED 440,000 (AED 469 per sqft)

204 has sold 9 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 204, each contractTypical one-bed in Axis Residences 1
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 40,000; 2014 AED 47,497; 2015 AED 55,000; 2016 AED 60,000; 2017 AED 54,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 33,250; 2023 AED 39,000; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 52,500New contract, June 2012: AED 36,000 a yearNew contract, January 2013: AED 38,000 a yearNew contract, March 2013: AED 45,000 a yearNew contract, March 2013: AED 41,000 a yearNew contract, June 2013: AED 42,000 a yearNew contract, July 2013: AED 45,000 a yearNew contract, March 2015: AED 46,000 a yearNew contract, July 2015: AED 55,000 a yearNew contract, April 2016: AED 60,000 a yearNew contract, May 2016: AED 60,000 a yearNew contract, September 2016: AED 55,000 a yearNew contract, June 2017: AED 55,000 a yearNew contract, November 2017: AED 52,000 a yearNew contract, January 2018: AED 60,000 a yearNew contract, June 2018: AED 45,000 a yearNew contract, December 2018: AED 40,000 a yearNew contract, February 2019: AED 50,000 a yearNew contract, August 2019: AED 36,000 a yearRenewal, February 2020: AED 40,000 a yearNew contract, April 2020: AED 33,000 a yearNew contract, June 2020: AED 31,000 a yearRenewal, July 2021: AED 30,000 a yearNew contract, April 2022: AED 33,000 a yearNew contract, July 2022: AED 38,000 a yearRenewal, July 2022: AED 33,000 a yearRenewal, April 2023: AED 36,000 a yearRenewal, July 2023: AED 38,000 a yearNew contract, November 2024: AED 53,000 a yearRenewal, November 2025: AED 53,000 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 1, and where 204 sits

All 79 1-beds →

204 last sold in December 2023 at AED 469 per sqft, 6% above what one-beds in Axis Residences 1 were fetching at the time (AED 444). 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. 204's AED 53,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026620,000
15 Oct 2026560,000
24 Sep 2026565,000
23 Sep 2026600,000
22 1-bed sales in the last 12 months

Axis Residences 1

Building

80 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%
Axis Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 80 units in Axis Residences 1
Value
2011-bedAED 390K · Mar 2023
2021-bedAED 325K · Dec 2020
2031-bedAED 535K · Aug 2026
2051-bedAED 440K · Jun 2024
2061-bedAED 455K · May 2024
2071-bedAED 385K · Sep 2019
2081-bedAED 508K · Apr 2026
1–7 of 9

204, Axis Residences 1 in numbers

  • Sold 9 times: first on 5 February 2012 for AED 788,721, last on 19 December 2023 for AED 440,000 (AED 469 per sqft).
  • Rented since June 2012 on 29 Ejari contracts. The rent fell from AED 36,000 to AED 30,000 in 2021 and recovered to AED 53,000 by November 2025.
  • At AED 53,000 a year the gross yield on the 2023 price is 12.0%, before a service charge of about AED 11,200 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 25 November 2025.

Questions about 204, Axis Residences 1

What did unit 204 last sell for?

AED 440,000 on 19 December 2023: AED 469 per sqft for 938 sqft. The unit has 9 registered sales; the first was AED 788,721 in February 2012.

What is the rent for unit 204?

AED 53,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 53,000; the unit has been rented since June 2012.

How big is unit 204?

938 sqft (87.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 204 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 204, Axis Residences 1

Starts from the last sale price (AED 440K, 19 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →