506, Axis Residences 1
Sold prices and rental history: sold 13 times, last in September 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 506, Axis Residences 1
What is 506 worth today?
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Source: Dubai Land Department. Updated 23 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 860 sqft
- Floor
- 5th of 8
- Parking
- G-180
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,300 /yr
- Last sold
- AED 600K · September 2026
- Building
- Axis Residences 1
About 506, Axis Residences 1
506 is a one-bedroom apartment of 860 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 23 September 2026 for AED 600,000, or AED 668 per sqft, 4% above the AED 644 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 34 Ejari contracts. The current contract, signed on 1 August 2026, is AED 60,000 a year: a gross yield of 10.0% on the 2026 price, before the service charge of about AED 10,300 a year.
Sales and rents for 506 over time
506 has sold 13 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 506 sits
All 79 1-beds →506 last sold in September 2026 at AED 668 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. 506's AED 60,000 is in the upper 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 | ||
| 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 5th floor
All 80 units in Axis Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 439 sqft | AED 295KAED 295,000 · Feb 2026February 2026 | 60,000 /yr | |
| 502 | 1-bed | 854 sqft | AED 420KAED 420,000 · Apr 2024April 2024 | 51,000 /yr | |
| 503 | 1-bed | 938 sqft | AED 450KAED 450,000 · Apr 2024April 2024 | 54,000 /yr | |
| 504 | 1-bed | 852 sqft | AED 385KAED 385,000 · Jul 2023July 2023 | 48,510 /yr | |
| 505 | 1-bed | 898 sqft | AED 600KAED 600,000 · Feb 2019February 2019 | 50,000 /yr | |
| 507 | 1-bed | 938 sqft | AED 360KAED 360,000 · May 2023May 2023 | 55,000 /yr | |
| 508 | 1-bed | 854 sqft | AED 600KAED 600,000 · Aug 2025August 2025 | 56,000 /yr | |
| 509 | 1-bed | 848 sqft | AED 460KAED 460,000 · Jan 2024January 2024 | 47,000 /yr | |
| 510 | 1-bed | 877 sqft | AED 515KAED 515,000 · Sep 2026September 2026 | 44,900 /yr |
506, Axis Residences 1 in numbers
- Sold 13 times: first on 17 November 2014 for AED 552,356, last on 23 September 2026 for AED 600,000 (AED 668 per sqft).
- Rented since February 2013 on 34 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2020 and recovered to AED 60,000 by August 2026.
- At AED 60,000 a year the gross yield on the 2026 price is 10.0%, before a service charge of about AED 10,300 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 23 September 2026.
Questions about 506, Axis Residences 1
What did unit 506 last sell for?
AED 600,000 on 23 September 2026: AED 668 per sqft for 860 sqft. The unit has 13 registered sales; the first was AED 552,356 in November 2014.
What is the rent for unit 506?
AED 60,000 a year on the contract signed on 1 August 2026. The previous contract, from June 2026, was AED 51,000; the unit has been rented since February 2013.
How big is unit 506?
860 sqft (79.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.
What is unit 506 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 506, Axis Residences 1
Starts from the last sale price (AED 600K, 23 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 600,000
- Deposit, UAE resident (20%)
- AED 120,000
- Deposit, non-resident (40%)
- AED 240,000
- Monthly over 25 years at 3.7%
- AED 2,455
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →