1-bed · 968 sqftAxis Residences 4, Dubai Silicon Oasis · 5th floor · completed 2009

513, Axis Residences 4

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 495K2 April 2024
Current rentAED 41K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513, Axis Residences 4

What is 513 worth today?

Last sold for AED 495,000 in 2024

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1 Jul 2024RentedNew contract
AED 40,792/yr5 months · AED 42 per sqft
2 Apr 2024SoldReady
AED 495,000AED 511 per sqft
1 Jul 2023RentedNew contract
AED 41,000/yr12 months · AED 42 per sqft
22 Mar 2020RentedRenewal
AED 39,500/yr12 months · AED 41 per sqft
22 Mar 2019RentedRenewal
AED 45,000/yr12 months · AED 46 per sqft
6 Feb 2017RentedNew contract
AED 61,000/yr12 months · AED 63 per sqft
6 Feb 2016RentedRenewal
AED 61,000/yr12 months · AED 63 per sqft
13 Sep 2015Sold by developerReady
AED 700,000AED 723 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
5th of 100
Parking
66
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,400 /yr
Last sold
AED 495K · April 2024

About 513, Axis Residences 4

513 is a one-bedroom apartment of 968 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 2 April 2024 for AED 495,000, or AED 511 per sqft, 11% above the AED 460 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 July 2024, is AED 40,792 a year: a gross yield of 8.2% on the 2024 price, before the service charge of about AED 11,400 a year.

Sales and rents for 513 over time

Sales
Unit 513, 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, September 2015: AED 700,000 (AED 723 per sqft)Sold, April 2024: AED 495,000 (AED 511 per sqft)

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

Rents
Unit 513, 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, January 2013: AED 43,000 a yearNew contract, February 2015: AED 61,000 a yearRenewal, February 2016: AED 61,000 a yearNew contract, February 2017: AED 61,000 a yearRenewal, March 2019: AED 45,000 a yearRenewal, March 2020: AED 39,500 a yearNew contract, July 2023: AED 41,000 a yearNew contract, July 2024: AED 40,792 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 513 sits

All 128 1-beds →

513 last sold in April 2024 at AED 511 per sqft, 11% above what one-beds in Axis Residences 4 were fetching at the time (AED 460). 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. 513's AED 40,792 is in the lower 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 5th floor

All 128 units in Axis Residences 4
Value
5011-bedAED 250K · Feb 2021
5021-bedAED 500K · Apr 2021
5031-bedAED 580K · Aug 2025
5041-bedAED 576K · Jun 2015
5051-bedAED 550K · May 2018
5061-bedAED 400K · Sep 2023
5071-bedAED 585K · Oct 2025
1–7 of 15

513, Axis Residences 4 in numbers

  • Sold twice: first on 13 September 2015 for AED 700,000, last on 2 April 2024 for AED 495,000 (AED 511 per sqft).
  • Rented since January 2013 on 8 Ejari contracts, from AED 43,000 to AED 40,792 a year.
  • At AED 40,792 a year the gross yield on the 2024 price is 8.2%, before a service charge of about AED 11,400 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 1 July 2024.

Questions about 513, Axis Residences 4

What did unit 513 last sell for?

AED 495,000 on 2 April 2024: AED 511 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 700,000 in September 2015.

What is the rent for unit 513?

AED 40,792 a year on the contract signed on 1 July 2024. The previous contract, from July 2023, was AED 41,000; the unit has been rented since January 2013.

How big is unit 513?

968 sqft (89.9 sqm): a one-bedroom apartment on the 5th floor of a 100-storey tower completed in 2009.

What is unit 513 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 513, Axis Residences 4

Starts from the last sale price (AED 495K, 2 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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