401, Axis Residences 1
Sold prices and rental history: sold 6 times, last in November 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 401, Axis Residences 1
What is 401 worth today?
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Source: Dubai Land Department. Updated 1 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 877 sqft
- Floor
- 4th of 8
- Parking
- G-133
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,500 /yr
- Last sold
- AED 425K · November 2023
- Building
- Axis Residences 1
About 401, Axis Residences 1
401 is a one-bedroom apartment of 877 sqft on the 4th 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 November 2023 for AED 425,000, or AED 484 per sqft, 10% above the AED 442 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 34 Ejari contracts. The current contract, renewed on 1 October 2026, is AED 42,900 a year: a gross yield of 10.1% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 401 over time
401 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 401 sits
All 79 1-beds →401 last sold in November 2023 at AED 484 per sqft, 10% above what one-beds in Axis Residences 1 were fetching at the time (AED 442). 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. 401's AED 42,900 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 4th floor
All 80 units in Axis Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 848 sqft | AED 396KAED 396,231 · Mar 2022March 2022 | 44,629 /yr | |
| 403 | 1-bed | 854 sqft | AED 983KAED 983,072 · May 2018May 2018 | 50,000 /yr | |
| 404 | 1-bed | 938 sqft | AED 415KAED 415,000 · Jul 2023July 2023 | 41,580 /yr | |
| 405 | 1-bed | 860 sqft | AED 610KAED 610,000 · Feb 2026February 2026 | 63,000 /yr | |
| 406 | 1-bed | 860 sqft | AED 430KAED 430,000 · Mar 2024March 2024 | 52,000 /yr | |
| 407 | 1-bed | 852 sqft | AED 620KAED 620,000 · Oct 2026October 2026 | 75,000 /yr | |
| 408 | 1-bed | 854 sqft | AED 700KAED 700,000 · Sep 2025September 2025 | 57,000 /yr | |
| 409 | 1-bed | 848 sqft | AED 535KAED 535,000 · May 2025May 2025 | 50,000 /yr | |
| 410 | 1-bed | 847 sqft | AED 480KAED 480,000 · Jul 2024July 2024 | 50,000 /yr |
401, Axis Residences 1 in numbers
- Sold 6 times: first on 20 November 2014 for AED 1,094,108, last on 28 November 2023 for AED 425,000 (AED 484 per sqft).
- Rented since November 2012 on 34 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 42,900 by October 2026.
- At AED 42,900 a year the gross yield on the 2023 price is 10.1%, before a service charge of about AED 10,500 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 1 October 2026.
Questions about 401, Axis Residences 1
What did unit 401 last sell for?
AED 425,000 on 28 November 2023: AED 484 per sqft for 877 sqft. The unit has 6 registered sales; the first was AED 1,094,108 in November 2014.
What is the rent for unit 401?
AED 42,900 a year on the contract renewed on 1 October 2026. The previous contract, from October 2026, was AED 53,000; the unit has been rented since November 2012.
How big is unit 401?
877 sqft (81.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 401 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 401, Axis Residences 1
Starts from the last sale price (AED 425K, 28 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 425,000
- Deposit, UAE resident (20%)
- AED 85,000
- Deposit, non-resident (40%)
- AED 170,000
- Monthly over 25 years at 3.7%
- AED 1,739
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →