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1-bed · 938 sqftAxis Residences 1, Dubai Silicon Oasis · 5th floor · completed 2009

507, Axis Residences 1

Sold prices and rental history: sold 6 times, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 10 April 2026
Last soldAED 360K30 May 2023
Current rentAED 55K /yr10 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 507, Axis Residences 1

What is 507 worth today?

Last sold for AED 360,000 in 2023

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10 Apr 2026RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
10 Mar 2026RentedRenewal
AED 53,000/yr12 months · AED 57 per sqft
1 Jan 2026RentedNew contract
AED 39,600/yr12 months · AED 47 per sqft
20 May 2025RentedNew contract
AED 39,600/yr7 months · AED 47 per sqft
10 Mar 2025RentedNew contract
AED 53,000/yr12 months · AED 57 per sqft
1 Aug 2024RentedRenewal
AED 44,000/yr12 months · AED 47 per sqft
20 Jul 2024RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
20 May 2024RentedRenewal
AED 23,101/yr19 months · AED 27 per sqft

Source: Dubai Land Department. Updated 10 April 2026.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
5th of 8
Parking
G-120
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 360K · May 2023
Building
Axis Residences 1

About 507, Axis Residences 1

507 is a one-bedroom apartment of 938 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 30 May 2023 for AED 360,000, or AED 422 per sqft, in line with the AED 430 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 37 Ejari contracts. The current contract, signed on 10 April 2026, is AED 55,000 a year: a gross yield of 15.3% on the 2023 price, before the service charge of about AED 11,200 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, July 2014: AED 506,660 (AED 594 per sqft)Sold, June 2015: AED 705,000 (AED 751 per sqft)Sold, June 2015: AED 776,800 (AED 828 per sqft)Sold, May 2018: AED 553,495 (AED 649 per sqft)Sold, March 2023: AED 871,837 (AED 1,023 per sqft)Sold, May 2023: AED 360,000 (AED 422 per sqft)

507 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 507, each contractTypical one-bed in Axis Residences 1
20K40K60K2012201620202024Typical 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 34,000 a yearNew contract, February 2013: AED 41,000 a yearNew contract, February 2015: AED 47,150 a yearNew contract, August 2015: AED 47,610 a yearRenewal, February 2016: AED 51,865 a yearRenewal, August 2016: AED 52,371 a yearNew contract, April 2017: AED 54,000 a yearRenewal, August 2017: AED 51,571 a yearNew contract, April 2018: AED 52,000 a yearNew contract, August 2018: AED 46,000 a yearNew contract, November 2018: AED 43,000 a yearNew contract, February 2019: AED 40,000 a yearNew contract, February 2019: AED 42,000 a yearNew contract, August 2019: AED 42,000 a yearNew contract, August 2019: AED 37,000 a yearRenewal, November 2019: AED 40,000 a yearRenewal, February 2020: AED 38,000 a yearRenewal, August 2020: AED 33,000 a yearNew contract, January 2021: AED 33,000 a yearNew contract, March 2021: AED 27,000 a yearNew contract, June 2021: AED 32,000 a yearNew contract, August 2021: AED 28,000 a yearRenewal, March 2022: AED 30,000 a yearNew contract, May 2022: AED 33,000 a yearNew contract, July 2022: AED 35,000 a yearRenewal, August 2022: AED 30,000 a yearRenewal, May 2023: AED 36,000 a yearNew contract, July 2023: AED 40,000 a yearNew contract, August 2023: AED 41,500 a yearRenewal, May 2024: AED 23,101 a yearRenewal, July 2024: AED 42,000 a yearRenewal, August 2024: AED 44,000 a yearNew contract, March 2025: AED 53,000 a yearNew contract, May 2025: AED 39,600 a yearNew contract, January 2026: AED 39,600 a yearRenewal, March 2026: AED 53,000 a yearNew contract, April 2026: AED 55,000 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 507 sits

All 79 1-beds →

507 last sold in May 2023 at AED 422 per sqft, in line with what one-beds in Axis Residences 1 were fetching at the time (AED 430). 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. 507's AED 55,000 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
5041-bedAED 385K · Jul 2023
5051-bedAED 600K · Feb 2019
5061-bedAED 600K · Sep 2026
5081-bedAED 600K · Aug 2025
1–7 of 9

507, Axis Residences 1 in numbers

  • Sold 6 times: first on 10 July 2014 for AED 506,660, last on 30 May 2023 for AED 360,000 (AED 422 per sqft).
  • Rented since August 2012 on 37 Ejari contracts. The rent fell from AED 34,000 to AED 23,101 in 2024 and recovered to AED 55,000 by April 2026.
  • At AED 55,000 a year the gross yield on the 2023 price is 15.3%, before a service charge of about AED 11,200 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 10 April 2026.

Questions about 507, Axis Residences 1

What did unit 507 last sell for?

AED 360,000 on 30 May 2023: AED 422 per sqft for 938 sqft. The unit has 6 registered sales; the first was AED 506,660 in July 2014.

What is the rent for unit 507?

AED 55,000 a year on the contract signed on 10 April 2026. The previous contract, from March 2026, was AED 53,000; the unit has been rented since August 2012.

How big is unit 507?

938 sqft (87.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2009.

What is unit 507 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 507, Axis Residences 1

Starts from the last sale price (AED 360K, 30 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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