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1-bed · 857 sqftAxis Residences 4, Dubai Silicon Oasis · 2nd floor · completed 2009

216, Axis Residences 4

Sold prices and rental history: sold twice, last in March 2022, and rented once, from September 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 23 March 2022
Last soldAED 385K23 March 2022
Current rentAED 65K /yr8 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Axis Residences 4

What is 216 worth today?

Last sold for AED 385,000 in 2022

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23 Mar 2022SoldReady
AED 385,000AED 449 per sqft
8 Sep 2017RentedNew contract
AED 65,000/yr12 months · AED 75 per sqft
9 Jun 2015Sold by developerReady
AED 1,416,500AED 1,652 per sqft

Source: Dubai Land Department. Updated 23 March 2022.

Key facts

Type
1-bed apartment
Size
857 sqft
Floor
2nd of 100
Parking
138
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 385K · March 2022
Building
Axis Residences 4

About 216, Axis Residences 4

216 is a one-bedroom apartment of 857 sqft on the 2nd floor of Axis Residences 4, a 100-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 23 March 2022 for AED 385,000, or AED 449 per sqft, 25% below the AED 596 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 September 2017. The current contract, signed on 8 September 2017, is AED 65,000 a year: a gross yield of 16.9% on the 2022 price, before the service charge of about AED 10,100 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical one-bed in Axis Residences 4
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 514,900; 2012 AED 509,250; 2013 AED 949,333; 2014 AED 1,395,400; 2015 AED 610,000; 2016 AED 585,000; 2017 AED 600,000; 2018 AED 515,000; 2019 AED 410,000; 2021 AED 500,000; 2022 AED 380,000; 2023 AED 358,000; 2024 AED 472,500; 2025 AED 550,000; 2026 AED 595,000Sold by developer, June 2015: AED 1,416,500 (AED 1,652 per sqft)Sold, March 2022: AED 385,000 (AED 449 per sqft)

216 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 216, each contractTypical one-bed in Axis Residences 4
40K60K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 36,750; 2014 AED 50,000; 2015 AED 55,000; 2016 AED 55,184; 2017 AED 52,100; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 31,212; 2023 AED 37,000; 2024 AED 42,175; 2025 AED 45,000; 2026 AED 50,000New contract, September 2017: AED 65,000 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 4, and where 216 sits

All 128 1-beds →

216 last sold in March 2022 at AED 449 per sqft, 25% below what one-beds in Axis Residences 4 were fetching at the time (AED 596). Over the last 12 months one-beds sold for AED 400,000 to 742,000, around AED 730 per sqft, and rent for AED 34,530 to 75,000 a year. 216's AED 65,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026600,000
7 Aug 2026535,000
6 May 2026600,000
6 Mar 2026580,000
25 1-bed sales in the last 12 months

Axis Residences 4

Building

128 apartments, 1-bed over 100 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 25 sold in the last 12 months.

Typical price per sqft
AED 730 Up 14.1%
Typical sale
AED 595K
Typical rent
AED 50K /yr
Typical yield
8.3%
Axis Residences 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 128 units in Axis Residences 4
Value
2011-bedAED 540K · May 2025
2021-bedAED 742K · Jan 2026
2031-bedAED 414K · Jan 2026
2041-bedAED 565K · Jun 2025
2051-bedAED 514K · May 2022
2061-bedAED 1.37M · Jun 2017
2071-bedAED 366K · May 2022
1–7 of 14

216, Axis Residences 4 in numbers

  • Sold twice: first on 9 June 2015 for AED 1,416,500, last on 23 March 2022 for AED 385,000 (AED 449 per sqft).
  • Rented since September 2017 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 16.9%, before a service charge of about AED 10,100 a year (AED 11.74 per sqft).
  • One-beds in Axis Residences 4 sold for AED 400,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 730 per sqft.

Source: Dubai Land Department. Updated 23 March 2022.

Questions about 216, Axis Residences 4

What did unit 216 last sell for?

AED 385,000 on 23 March 2022: AED 449 per sqft for 857 sqft. The unit has 2 registered sales; the first was AED 1,416,500 in June 2015.

What is the rent for unit 216?

AED 65,000 a year on the contract signed on 8 September 2017.

How big is unit 216?

857 sqft (79.6 sqm): a one-bedroom apartment on the 2nd floor of a 100-storey tower completed in 2009.

What is unit 216 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 4 sold for AED 400,000 to 742,000 in the last 12 months, around AED 730 per sqft.

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Mortgage on 216, Axis Residences 4

Starts from the last sale price (AED 385K, 23 March 2022). 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 →