407, Axis Residences 1
Sold prices and rental history: sold 11 times, last in October 2026, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Axis Residences 1
What is 407 worth today?
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Source: Dubai Land Department. Updated 27 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 852 sqft
- Floor
- 4th of 8
- Parking
- G-36
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 620K · October 2026
- Building
- Axis Residences 1
About 407, Axis Residences 1
407 is a one-bedroom apartment of 852 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 27 October 2026 for AED 620,000, or AED 728 per sqft, 12% above the AED 649 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 21 Ejari contracts. The current contract, signed on 15 October 2026, is AED 75,000 a year: a gross yield of 12.1% on the 2026 price, before the service charge of about AED 10,200 a year.
Sales and rents for 407 over time
407 has sold 11 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 407 sits
All 79 1-beds →407 last sold in October 2026 at AED 728 per sqft, 12% above what one-beds in Axis Residences 1 were fetching at the time (AED 649). 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. 407's AED 75,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 14 Sep 202614 September 2026 | 877 sqft | 515,000 | 587 |
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 | |
| 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 | |
| 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 |
407, Axis Residences 1 in numbers
- Sold 11 times: first on 4 October 2012 for AED 717,849, last on 27 October 2026 for AED 620,000 (AED 728 per sqft).
- Rented since May 2013 on 21 Ejari contracts. The rent fell from AED 39,000 to AED 34,000 in 2021 and recovered to AED 75,000 by October 2026.
- At AED 75,000 a year the gross yield on the 2026 price is 12.1%, 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 27 October 2026.
Questions about 407, Axis Residences 1
What did unit 407 last sell for?
AED 620,000 on 27 October 2026: AED 728 per sqft for 852 sqft. The unit has 11 registered sales; the first was AED 717,849 in October 2012.
What is the rent for unit 407?
AED 75,000 a year on the contract signed on 15 October 2026. The previous contract, from March 2026, was AED 84,000; the unit has been rented since May 2013.
How big is unit 407?
852 sqft (79.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 407 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 407, Axis Residences 1
Starts from the last sale price (AED 620K, 27 October 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →