508, Axis Residences 4
Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Axis Residences 4
What is 508 worth today?
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Source: Dubai Land Department. Updated 20 June 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 5th of 100
- Parking
- 61
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 305K · October 2017
- Building
- Axis Residences 4
About 508, Axis Residences 4
508 is a one-bedroom apartment of 870 sqft on the 5th 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 22 October 2017 for AED 305,000, or AED 350 per sqft, 50% below the AED 694 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 20 June 2025, is AED 55,000 a year: a gross yield of 18.0% on the 2017 price, before the service charge of about AED 10,200 a year.
Sales and rents for 508 over time
508 has sold twice; 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 4, and where 508 sits
All 128 1-beds →508 last sold in October 2017 at AED 350 per sqft, 50% below what one-beds in Axis Residences 4 were fetching at the time (AED 694). 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. 508's AED 55,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 968 sqft | 600,000 | 619 | ||
| 7 Aug 20267 August 2026 | 870 sqft | 535,000 | 614 | ||
| 6 May 20266 May 2026 | 808 sqft | 600,000 | 742 | ||
| 6 Mar 20266 March 2026 | 870 sqft | 580,000 | 666 |
Axis Residences 4
Building128 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%
Other units on the 5th floor
All 128 units in Axis Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 855 sqft | AED 250KAED 250,000 · Feb 2021February 2021 | 59,000 /yr | |
| 502 | 1-bed | 809 sqft | AED 500KAED 500,000 · Apr 2021April 2021 | 56,000 /yr | |
| 503 | 1-bed | 808 sqft | AED 580KAED 580,000 · Aug 2025August 2025 | 60,000 /yr | |
| 504 | 1-bed | 968 sqft | AED 576KAED 575,924 · Jun 2015June 2015 | 43,800 /yr | |
| 505 | 1-bed | 968 sqft | AED 550KAED 550,000 · May 2018May 2018 | 50,000 /yr | |
| 506 | 1-bed | 808 sqft | AED 400KAED 400,000 · Sep 2023September 2023 | 49,000 /yr | |
| 507 | 1-bed | 751 sqft | AED 585KAED 585,000 · Oct 2025October 2025 | 50,000 /yr | |
| 509 | 1-bed | 870 sqft | AED 630KAED 630,000 · Nov 2015November 2015 | ||
| 510 | 1-bed | 751 sqft | AED 610KAED 610,000 · Oct 2015October 2015 | 52,000 /yr | |
| 511 | 1-bed | 808 sqft | AED 481KAED 480,730 · Mar 2015March 2015 | 53,000 /yr | |
| 512 | 1-bed | 968 sqft | AED 600KAED 600,000 · Oct 2026October 2026 | 60,000 /yr | |
| 513 | 1-bed | 968 sqft | AED 495KAED 495,000 · Apr 2024April 2024 | 40,792 /yr | |
| 514 | 1-bed | 808 sqft | AED 530KAED 530,000 · Sep 2025September 2025 | 55,000 /yr | |
| 515 | 1-bed | 813 sqft | AED 400KAED 400,000 · Dec 2025December 2025 | 49,000 /yr | |
| 516 | 1-bed | 857 sqft | AED 590KAED 590,000 · Apr 2017April 2017 | 50,000 /yr |
508, Axis Residences 4 in numbers
- Sold twice: first on 27 May 2014 for AED 517,858, last on 22 October 2017 for AED 305,000 (AED 350 per sqft).
- Rented since August 2012 on 12 Ejari contracts. The rent fell from AED 35,000 to AED 30,000 in 2020 and recovered to AED 55,000 by June 2025.
- At AED 55,000 a year the gross yield on the 2017 price is 18.0%, before a service charge of about AED 10,200 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 20 June 2025.
Questions about 508, Axis Residences 4
What did unit 508 last sell for?
AED 305,000 on 22 October 2017: AED 350 per sqft for 870 sqft. The unit has 2 registered sales; the first was AED 517,858 in May 2014.
What is the rent for unit 508?
AED 55,000 a year on the contract signed on 20 June 2025. The previous contract, from June 2025, was AED 55,000; the unit has been rented since August 2012.
How big is unit 508?
870 sqft (80.8 sqm): a one-bedroom apartment on the 5th floor of a 100-storey tower completed in 2009.
What is unit 508 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 508, Axis Residences 4
Starts from the last sale price (AED 305K, 22 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 305,000
- Deposit, UAE resident (20%)
- AED 61,000
- Deposit, non-resident (40%)
- AED 122,000
- Monthly over 25 years at 3.7%
- AED 1,248
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →