404, Axis Residences 1
Sold prices and rental history: sold 6 times, last in July 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 404, Axis Residences 1
What is 404 worth today?
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Source: Dubai Land Department. Updated 7 February 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 938 sqft
- Floor
- 4th of 8
- Parking
- G-131
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 11,200 /yr
- Last sold
- AED 415K · July 2023
- Building
- Axis Residences 1
About 404, Axis Residences 1
404 is a one-bedroom apartment of 938 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 19 July 2023 for AED 415,000, or AED 442 per sqft, in line with the AED 435 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 25 Ejari contracts. The current contract, renewed on 7 February 2026, is AED 41,580 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 11,200 a year.
Sales and rents for 404 over time
404 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 404 sits
All 79 1-beds →404 last sold in July 2023 at AED 442 per sqft, in line with what one-beds in Axis Residences 1 were fetching at the time (AED 435). 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. 404's AED 41,580 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 | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 877 sqft | AED 425KAED 425,000 · Nov 2023November 2023 | 53,000 /yr | |
| 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 | |
| 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 |
404, Axis Residences 1 in numbers
- Sold 6 times: first on 4 October 2012 for AED 787,923, last on 19 July 2023 for AED 415,000 (AED 442 per sqft).
- Rented since September 2012 on 25 Ejari contracts. The rent fell from AED 39,000 to AED 28,000 in 2021 and recovered to AED 41,580 by February 2026.
- At AED 41,580 a year the gross yield on the 2023 price is 10.0%, 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 7 February 2026.
Questions about 404, Axis Residences 1
What did unit 404 last sell for?
AED 415,000 on 19 July 2023: AED 442 per sqft for 938 sqft. The unit has 6 registered sales; the first was AED 787,923 in October 2012.
What is the rent for unit 404?
AED 41,580 a year on the contract renewed on 7 February 2026. The previous contract, from February 2025, was AED 39,600; the unit has been rented since September 2012.
How big is unit 404?
938 sqft (87.1 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 404 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 404, Axis Residences 1
Starts from the last sale price (AED 415K, 19 July 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 415,000
- Deposit, UAE resident (20%)
- AED 83,000
- Deposit, non-resident (40%)
- AED 166,000
- Monthly over 25 years at 3.7%
- AED 1,698
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →