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1-bed · 852 sqftAxis Residences 1, Dubai Silicon Oasis · 5th floor · completed 2009

504, Axis Residences 1

Sold prices and rental history: sold 7 times, last in July 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 11 July 2026
Last soldAED 385K5 July 2023
Current rentAED 49K /yr11 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, Axis Residences 1

What is 504 worth today?

Last sold for AED 385,000 in 2023

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11 Jul 2026RentedRenewal
AED 48,510/yr12 months · AED 52 per sqft
1 Jan 2026RentedNew contract
AED 50,000/yr12 months · AED 53 per sqft
1 Dec 2025RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
11 Jul 2025RentedRenewal
AED 46,200/yr12 months · AED 49 per sqft
20 Nov 2024RentedRenewal
AED 42,900/yr12 months · AED 50 per sqft
20 Aug 2024RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
11 Jul 2024RentedNew contract
AED 44,000/yr12 months · AED 47 per sqft
20 Nov 2023RentedRenewal
AED 39,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 11 July 2026.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
5th of 8
Parking
G-11
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 385K · July 2023
Building
Axis Residences 1

About 504, Axis Residences 1

504 is a one-bedroom apartment of 852 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 5 July 2023 for AED 385,000, or AED 452 per sqft, 4% above the AED 435 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 32 Ejari contracts. The current contract, renewed on 11 July 2026, is AED 48,510 a year: a gross yield of 12.6% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, October 2012: AED 1,020,669 (AED 1,198 per sqft)Sold, June 2015: AED 826,338 (AED 881 per sqft)Sold, May 2018: AED 553,495 (AED 649 per sqft)Sold, December 2019: AED 631,150 (AED 673 per sqft)Sold, March 2023: AED 888,041 (AED 1,042 per sqft)Sold, May 2023: AED 360,000 (AED 422 per sqft)Sold, July 2023: AED 385,000 (AED 452 per sqft)

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

Rents
Unit 504, 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, January 2014: AED 45,000 a yearNew contract, February 2014: AED 46,200 a yearNew contract, September 2014: AED 60,000 a yearRenewal, February 2015: AED 50,820 a yearNew contract, October 2015: AED 65,000 a yearNew contract, December 2015: AED 63,000 a yearNew contract, June 2016: AED 61,000 a yearRenewal, December 2016: AED 47,000 a yearNew contract, March 2017: AED 54,000 a yearRenewal, December 2017: AED 47,000 a yearNew contract, August 2018: AED 46,000 a yearRenewal, December 2018: AED 47,000 a yearNew contract, December 2018: AED 45,000 a yearNew contract, November 2019: AED 34,000 a yearNew contract, December 2019: AED 36,000 a yearNew contract, June 2020: AED 35,000 a yearNew contract, July 2020: AED 31,000 a yearRenewal, November 2020: AED 32,000 a yearRenewal, July 2021: AED 31,000 a yearRenewal, November 2021: AED 32,000 a yearNew contract, July 2022: AED 34,000 a yearRenewal, November 2022: AED 34,000 a yearRenewal, July 2023: AED 39,000 a yearNew contract, August 2023: AED 40,000 a yearRenewal, November 2023: AED 39,000 a yearNew contract, July 2024: AED 44,000 a yearRenewal, August 2024: AED 40,000 a yearRenewal, November 2024: AED 42,900 a yearRenewal, July 2025: AED 46,200 a yearNew contract, December 2025: AED 45,000 a yearNew contract, January 2026: AED 50,000 a yearRenewal, July 2026: AED 48,510 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 504 sits

All 79 1-beds →

504 last sold in July 2023 at AED 452 per sqft, 4% above 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. 504's AED 48,510 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 5th floor

All 80 units in Axis Residences 1
Value
5011-bedAED 295K · Feb 2026
5021-bedAED 420K · Apr 2024
5031-bedAED 450K · Apr 2024
5051-bedAED 600K · Feb 2019
5061-bedAED 600K · Sep 2026
5071-bedAED 360K · May 2023
5081-bedAED 600K · Aug 2025
1–7 of 9

504, Axis Residences 1 in numbers

  • Sold 7 times: first on 4 October 2012 for AED 1,020,669, last on 5 July 2023 for AED 385,000 (AED 452 per sqft).
  • Rented since January 2014 on 32 Ejari contracts. The rent fell from AED 45,000 to AED 31,000 in 2021 and recovered to AED 48,510 by July 2026.
  • At AED 48,510 a year the gross yield on the 2023 price is 12.6%, 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 11 July 2026.

Questions about 504, Axis Residences 1

What did unit 504 last sell for?

AED 385,000 on 5 July 2023: AED 452 per sqft for 852 sqft. The unit has 7 registered sales; the first was AED 1,020,669 in October 2012.

What is the rent for unit 504?

AED 48,510 a year on the contract renewed on 11 July 2026. The previous contract, from January 2026, was AED 50,000; the unit has been rented since January 2014.

How big is unit 504?

852 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.

What is unit 504 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 504, Axis Residences 1

Starts from the last sale price (AED 385K, 5 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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