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1-bed · 852 sqftAxis Residences 1, Dubai Silicon Oasis · 3rd floor · completed 2009

304, Axis Residences 1

Sold prices and rental history: sold 8 times, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 470K28 August 2024
Current rentAED 58K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Axis Residences 1

What is 304 worth today?

Last sold for AED 470,000 in 2024

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10 Jan 2026RentedNew contract
AED 58,000/yr12 months · AED 62 per sqft
10 Jul 2025RentedRenewal
AED 42,700/yr12 months · AED 50 per sqft
28 Aug 2024SoldReady
AED 470,000AED 551 per sqft
28 Aug 2024SoldReady
AED 470,000AED 551 per sqft
22 Dec 2023RentedRenewal
AED 38,080/yr12 months · AED 41 per sqft
10 Jul 2023RentedRenewal
AED 38,000/yr12 months · AED 45 per sqft
25 May 2023SoldReady
AED 437,000AED 466 per sqft
22 Dec 2022RentedRenewal
AED 34,000/yr12 months · AED 36 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
3rd of 8
Parking
G-58
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 470K · August 2024
Building
Axis Residences 1

About 304, Axis Residences 1

304 is a one-bedroom apartment of 852 sqft on the 3rd 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 28 August 2024 for AED 470,000, or AED 551 per sqft, 9% above the AED 506 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 27 Ejari contracts. The current contract, signed on 10 January 2026, is AED 58,000 a year: a gross yield of 12.3% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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, November 2014: AED 557,836 (AED 595 per sqft)Sold, April 2015: AED 942,227 (AED 1,106 per sqft)Sold, June 2015: AED 557,836 (AED 595 per sqft)Sold, December 2016: AED 575,000 (AED 675 per sqft)Sold, May 2018: AED 540,000 (AED 575 per sqft)Sold, May 2023: AED 437,000 (AED 466 per sqft)Sold, August 2024: AED 470,000 (AED 551 per sqft)Sold, August 2024: AED 470,000 (AED 551 per sqft)

304 has sold 8 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 304, 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, August 2012: AED 36,000 a yearNew contract, August 2012: AED 36,000 a yearNew contract, July 2013: AED 40,000 a yearRenewal, August 2013: AED 40,000 a yearNew contract, January 2014: AED 47,743 a yearNew contract, July 2014: AED 50,000 a yearRenewal, August 2014: AED 44,000 a yearRenewal, August 2015: AED 48,400 a yearRenewal, August 2016: AED 50,820 a yearNew contract, December 2016: AED 60,000 a yearRenewal, December 2017: AED 55,000 a yearRenewal, December 2018: AED 45,000 a yearNew contract, December 2018: AED 42,000 a yearNew contract, July 2019: AED 40,000 a yearRenewal, December 2019: AED 38,000 a yearRenewal, December 2019: AED 38,000 a yearRenewal, July 2020: AED 34,000 a yearNew contract, December 2020: AED 30,000 a yearRenewal, July 2021: AED 28,000 a yearNew contract, December 2021: AED 32,000 a yearNew contract, May 2022: AED 34,000 a yearRenewal, July 2022: AED 28,000 a yearRenewal, December 2022: AED 34,000 a yearRenewal, July 2023: AED 38,000 a yearRenewal, December 2023: AED 38,080 a yearRenewal, July 2025: AED 42,700 a yearNew contract, January 2026: AED 58,000 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 304 sits

All 79 1-beds →

304 last sold in August 2024 at AED 551 per sqft, 9% above what one-beds in Axis Residences 1 were fetching at the time (AED 506). 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. 304's AED 58,000 is in the upper 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 3rd floor

All 80 units in Axis Residences 1
Value
3011-bedAED 378K · May 2023
3021-bedAED 598K · Oct 2025
3031-bedAED 500K · Jul 2024
3051-bedAED 610K · Apr 2016
3061-bedAED 610K · Apr 2016
3071-bedAED 500K · Jun 2025
3081-bedAED 530K · May 2024
1–7 of 9

304, Axis Residences 1 in numbers

  • Sold 8 times: first on 17 November 2014 for AED 557,836, last on 28 August 2024 for AED 470,000 (AED 551 per sqft).
  • Rented since August 2012 on 27 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2022 and recovered to AED 58,000 by January 2026.
  • At AED 58,000 a year the gross yield on the 2024 price is 12.3%, 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 10 January 2026.

Questions about 304, Axis Residences 1

What did unit 304 last sell for?

AED 470,000 on 28 August 2024: AED 551 per sqft for 852 sqft. The unit has 8 registered sales; the first was AED 557,836 in November 2014.

What is the rent for unit 304?

AED 58,000 a year on the contract signed on 10 January 2026. The previous contract, from July 2025, was AED 42,700; the unit has been rented since August 2012.

How big is unit 304?

852 sqft (79.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2009.

What is unit 304 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 304, Axis Residences 1

Starts from the last sale price (AED 470K, 28 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

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