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1-bed · 848 sqftAxis Residences 1, Dubai Silicon Oasis · 4th floor · completed 2009

402, Axis Residences 1

Sold prices and rental history: sold 7 times, last in March 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 19 October 2026
Last soldAED 396K2 March 2022
Current rentAED 45K /yr19 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, Axis Residences 1

What is 402 worth today?

Last sold for AED 396,231 in 2022

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19 Oct 2026RentedRenewal
AED 44,629/yr12 months · AED 52 per sqft
15 Dec 2025RentedRenewal
AED 39,900/yr12 months · AED 48 per sqft
19 Oct 2025RentedRenewal
AED 44,629/yr12 months · AED 52 per sqft
5 Jul 2025RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
15 Dec 2024RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
19 Oct 2024RentedRenewal
AED 42,504/yr12 months · AED 50 per sqft
1 Jun 2024RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
1 Mar 2024RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 19 October 2026.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
4th of 8
Parking
G-129
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 396K · March 2022
Building
Axis Residences 1

About 402, Axis Residences 1

402 is a one-bedroom apartment of 848 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 2 March 2022 for AED 396,231, or AED 463 per sqft, in line with the AED 453 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 31 Ejari contracts. The current contract, renewed on 19 October 2026, is AED 44,629 a year: a gross yield of 11.3% on the 2022 price, before the service charge of about AED 10,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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, June 2015: AED 1,068,498 (AED 1,251 per sqft)Sold, October 2015: AED 508,136 (AED 595 per sqft)Sold, December 2018: AED 508,722 (AED 599 per sqft)Sold, June 2019: AED 1,049,431 (AED 1,237 per sqft)Sold, April 2021: AED 500,000 (AED 589 per sqft)Sold, October 2021: AED 358,000 (AED 422 per sqft)Sold, March 2022: AED 396,231 (AED 463 per sqft)

402 has sold 7 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 402, 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, September 2013: AED 47,000 a yearNew contract, October 2013: AED 40,000 a yearNew contract, October 2015: AED 52,500 a yearRenewal, October 2016: AED 53,500 a yearNew contract, October 2017: AED 52,000 a yearRenewal, October 2018: AED 40,000 a yearNew contract, June 2019: AED 40,000 a yearRenewal, October 2019: AED 40,000 a yearNew contract, December 2019: AED 32,000 a yearRenewal, June 2020: AED 39,000 a yearRenewal, December 2020: AED 28,000 a yearNew contract, March 2021: AED 33,000 a yearNew contract, May 2021: AED 28,500 a yearNew contract, October 2021: AED 28,000 a yearNew contract, February 2022: AED 33,000 a yearNew contract, February 2022: AED 33,000 a yearNew contract, May 2022: AED 31,000 a yearRenewal, October 2022: AED 33,600 a yearNew contract, February 2023: AED 37,500 a yearRenewal, May 2023: AED 35,000 a yearRenewal, October 2023: AED 38,748 a yearNew contract, March 2024: AED 47,000 a yearNew contract, June 2024: AED 55,000 a yearRenewal, October 2024: AED 42,504 a yearNew contract, December 2024: AED 38,000 a yearNew contract, July 2025: AED 52,000 a yearRenewal, October 2025: AED 44,629 a yearRenewal, December 2025: AED 39,900 a yearRenewal, October 2026: AED 44,629 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 402 sits

All 79 1-beds →

402 last sold in March 2022 at AED 463 per sqft, in line with what one-beds in Axis Residences 1 were fetching at the time (AED 453). 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. 402's AED 44,629 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 4th floor

All 80 units in Axis Residences 1
Value
4011-bedAED 425K · Nov 2023
4031-bedAED 983K · May 2018
4041-bedAED 415K · Jul 2023
4051-bedAED 610K · Feb 2026
4061-bedAED 430K · Mar 2024
4071-bedAED 620K · Oct 2026
4081-bedAED 700K · Sep 2025
1–7 of 9

402, Axis Residences 1 in numbers

  • Sold 7 times: first on 3 June 2015 for AED 1,068,498, last on 2 March 2022 for AED 396,231 (AED 463 per sqft).
  • Rented since August 2012 on 31 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2021 and recovered to AED 44,629 by October 2026.
  • At AED 44,629 a year the gross yield on the 2022 price is 11.3%, before a service charge of about AED 10,100 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 19 October 2026.

Questions about 402, Axis Residences 1

What did unit 402 last sell for?

AED 396,231 on 2 March 2022: AED 463 per sqft for 848 sqft. The unit has 7 registered sales; the first was AED 1,068,498 in June 2015.

What is the rent for unit 402?

AED 44,629 a year on the contract renewed on 19 October 2026. The previous contract, from December 2025, was AED 39,900; the unit has been rented since August 2012.

How big is unit 402?

848 sqft (78.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.

What is unit 402 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 402, Axis Residences 1

Starts from the last sale price (AED 396K, 2 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 396,231
Deposit, UAE resident (20%)
AED 79,246
Deposit, non-resident (40%)
AED 158,492
Monthly over 25 years at 3.7%
AED 1,621

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