409, Axis Residences 1
Sold prices and rental history: sold 11 times, last in May 2025, 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 409, Axis Residences 1
What is 409 worth today?
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Source: Dubai Land Department. Updated 15 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 848 sqft
- Floor
- 4th of 8
- Parking
- G-53
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,100 /yr
- Last sold
- AED 535K · May 2025
- Building
- Axis Residences 1
About 409, Axis Residences 1
409 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 8 May 2025 for AED 535,000, or AED 630 per sqft, 11% above the AED 566 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 25 Ejari contracts. The current contract, signed on 15 May 2026, is AED 50,000 a year: a gross yield of 9.3% on the 2025 price, before the service charge of about AED 10,100 a year.
Sales and rents for 409 over time
409 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 409 sits
All 79 1-beds →409 last sold in May 2025 at AED 630 per sqft, 11% above what one-beds in Axis Residences 1 were fetching at the time (AED 566). 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. 409's AED 50,000 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 | |
| 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 | |
| 410 | 1-bed | 847 sqft | AED 480KAED 480,000 · Jul 2024July 2024 | 50,000 /yr |
409, Axis Residences 1 in numbers
- Sold 11 times: first on 29 December 2011 for AED 756,030, last on 8 May 2025 for AED 535,000 (AED 630 per sqft).
- Rented since January 2013 on 25 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2022 and recovered to AED 50,000 by May 2026.
- At AED 50,000 a year the gross yield on the 2025 price is 9.3%, 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 15 May 2026.
Questions about 409, Axis Residences 1
What did unit 409 last sell for?
AED 535,000 on 8 May 2025: AED 630 per sqft for 848 sqft. The unit has 11 registered sales; the first was AED 756,030 in December 2011.
What is the rent for unit 409?
AED 50,000 a year on the contract signed on 15 May 2026. The previous contract, from December 2025, was AED 44,000; the unit has been rented since January 2013.
How big is unit 409?
848 sqft (78.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2009.
What is unit 409 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 409, Axis Residences 1
Starts from the last sale price (AED 535K, 8 May 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 535,000
- Deposit, UAE resident (20%)
- AED 107,000
- Deposit, non-resident (40%)
- AED 214,000
- Monthly over 25 years at 3.7%
- AED 2,189
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →