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1-bed · 439 sqftAxis Residences 1, Dubai Silicon Oasis · 5th floor · completed 2009

501, Axis Residences 1

Sold prices and rental history: sold 8 times, last in February 2026, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 1 July 2026
Last soldAED 295K24 February 2026
Current rentAED 60K /yr1 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Axis Residences 1

What is 501 worth today?

Last sold for AED 295,000 in 2026

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1 Jul 2026RentedNew contract
AED 60,000/yr12 months · AED 68 per sqft
1 Mar 2026RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
24 Feb 2026SoldReady
AED 295,000AED 672 per sqft
18 Sep 2025SoldReady
AED 590,000AED 672 per sqft
25 Aug 2025RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft
25 Mar 2025RentedNew contract
AED 51,000/yr12 months · AED 60 per sqft
1 Feb 2024RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
17 Oct 2023RentedRenewal
AED 36,000/yr12 months · AED 41 per sqft

Source: Dubai Land Department. Updated 1 July 2026.

Key facts

Type
1-bed apartment
Size
439 sqft
Floor
5th of 8
Parking
G-31
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 5,200 /yr
Last sold
AED 295K · February 2026
Building
Axis Residences 1

About 501, Axis Residences 1

501 is a one-bedroom apartment of 439 sqft on the 5th 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 24 February 2026 for AED 295,000, or AED 672 per sqft, 4% above the AED 644 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 26 Ejari contracts. The current contract, signed on 1 July 2026, is AED 60,000 a year: a gross yield of 20.3% on the 2026 price, before the service charge of about AED 5,200 a year.

Sales and rents for 501 over time

Sales
Unit 501, 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, May 2014: AED 503,846 (AED 595 per sqft)Sold, September 2014: AED 1,083,667 (AED 1,235 per sqft)Sold, July 2015: AED 700,000 (AED 797 per sqft)Sold, May 2019: AED 592,760 (AED 700 per sqft)Sold, October 2019: AED 400,000 (AED 455 per sqft)Sold, May 2023: AED 375,000 (AED 427 per sqft)Sold, September 2025: AED 590,000 (AED 672 per sqft)Sold, February 2026: AED 295,000 (AED 672 per sqft)

501 has sold 8 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 501, 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, August 2013: AED 38,000 a yearNew contract, January 2014: AED 44,000 a yearNew contract, August 2014: AED 43,700 a yearNew contract, January 2015: AED 62,000 a yearNew contract, April 2015: AED 53,000 a yearRenewal, August 2015: AED 48,070 a yearNew contract, January 2016: AED 62,000 a yearNew contract, April 2016: AED 60,000 a yearRenewal, August 2016: AED 50,473 a yearNew contract, April 2017: AED 53,000 a yearRenewal, April 2017: AED 55,000 a yearRenewal, August 2017: AED 52,996 a yearNew contract, July 2019: AED 38,000 a yearNew contract, August 2021: AED 28,000 a yearNew contract, October 2021: AED 28,000 a yearNew contract, October 2022: AED 33,000 a yearNew contract, March 2023: AED 34,500 a yearNew contract, March 2023: AED 34,500 a yearRenewal, October 2023: AED 36,000 a yearNew contract, October 2023: AED 36,000 a yearNew contract, February 2024: AED 45,000 a yearNew contract, March 2025: AED 51,000 a yearNew contract, August 2025: AED 42,000 a yearNew contract, March 2026: AED 55,000 a yearNew contract, July 2026: AED 60,000 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 501 sits

All 79 1-beds →

501 last sold in February 2026 at AED 672 per sqft, 4% above what one-beds in Axis Residences 1 were fetching at the time (AED 644). 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. 501's AED 60,000 is in the upper 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 5th floor

All 80 units in Axis Residences 1
Value
5021-bedAED 420K · Apr 2024
5031-bedAED 450K · Apr 2024
5041-bedAED 385K · Jul 2023
5051-bedAED 600K · Feb 2019
5061-bedAED 600K · Sep 2026
5071-bedAED 360K · May 2023
5081-bedAED 600K · Aug 2025
1–7 of 9

501, Axis Residences 1 in numbers

  • Sold 8 times: first on 27 May 2014 for AED 503,846, last on 24 February 2026 for AED 295,000 (AED 672 per sqft).
  • Rented since August 2012 on 26 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2021 and recovered to AED 60,000 by July 2026.
  • At AED 60,000 a year the gross yield on the 2026 price is 20.3%, before a service charge of about AED 5,200 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 1 July 2026.

Questions about 501, Axis Residences 1

What did unit 501 last sell for?

AED 295,000 on 24 February 2026: AED 672 per sqft for 439 sqft. The unit has 8 registered sales; the first was AED 503,846 in May 2014.

What is the rent for unit 501?

AED 60,000 a year on the contract signed on 1 July 2026. The previous contract, from March 2026, was AED 55,000; the unit has been rented since August 2012.

How big is unit 501?

439 sqft (40.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.

What is unit 501 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 501, Axis Residences 1

Starts from the last sale price (AED 295K, 24 February 2026). Switch to today's estimate once you have unlocked it.
Price
AED 295,000
Deposit, UAE resident (20%)
AED 59,000
Deposit, non-resident (40%)
AED 118,000
Monthly over 25 years at 3.7%
AED 1,207

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