1-bed · 797 sqftAxis Residences 5, Dubai Silicon Oasis · 1st floor · completed 2010

106, Axis Residences 5

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 1 March 2020
Last soldAED 800K15 July 2015
Current rentAED 18K /yr1 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Axis Residences 5

What is 106 worth today?

Last sold for AED 800,000 in 2015

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1 Mar 2020RentedNew contract
AED 18,000/yr12 months · AED 23 per sqft
6 Oct 2018RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
15 Apr 2017RentedRenewal
AED 54,000/yr12 months · AED 68 per sqft
15 Apr 2016RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
15 Jul 2015Sold by developerReady
AED 800,000AED 1,003 per sqft
15 Apr 2015RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 March 2020.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
1st of 8
Parking
6
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 800K · July 2015

About 106, Axis Residences 5

106 is a one-bedroom apartment of 797 sqft on the 1st floor of Axis Residences 5, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. The developer sold it on 15 July 2015 for AED 800,000, or AED 1,003 per sqft, 34% above the AED 749 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 1 March 2020, is AED 18,000 a year: a gross yield of 2.3% on the 2015 price, before the service charge of about AED 10,900 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Axis Residences 5
500K20112015201920232027Typical sale price by year: 2011 AED 439,000; 2012 AED 388,500; 2013 AED 666,181; 2014 AED 473,040; 2015 AED 558,697; 2016 AED 237,500; 2017 AED 550,000; 2018 AED 455,000; 2020 AED 345,000; 2021 AED 322,500; 2022 AED 408,022; 2023 AED 385,000; 2024 AED 480,000; 2025 AED 541,000; 2026 AED 615,000Sold by developer, July 2015: AED 800,000 (AED 1,003 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in Axis Residences 5
20K40K60K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 37,500; 2014 AED 44,000; 2015 AED 51,838; 2016 AED 54,706; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 37,000; 2024 AED 44,000; 2025 AED 46,000; 2026 AED 47,366New contract, April 2015: AED 60,000 a yearNew contract, April 2016: AED 60,000 a yearRenewal, April 2017: AED 54,000 a yearNew contract, October 2018: AED 40,000 a yearNew contract, March 2020: AED 18,000 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 5, and where 106 sits

All 112 1-beds →

106 last sold in July 2015 at AED 1,003 per sqft, 34% above what one-beds in Axis Residences 5 were fetching at the time (AED 749). Over the last 12 months one-beds sold for AED 250,000 to 625,000, around AED 765 per sqft, and rent for AED 35,000 to 70,800 a year. 106's AED 18,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 2026620,000
8 Apr 2026250,000
23 Mar 2026625,000
17 Mar 2026610,000
7 1-bed sales in the last 12 months

Axis Residences 5

Building

112 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 765
Typical sale
AED 615K
Typical rent
AED 48K /yr
Typical yield
8.0%
Axis Residences 5, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 112 units in Axis Residences 5
Value
1011-bedAED 325K · Nov 2022
1021-bedAED 325K · Dec 2022
1031-bedAED 623K · Nov 2015
1041-bedAED 400K · Jun 2023
1051-bedAED 525K · Nov 2024
1071-bedAED 340K · Nov 2022
1081-bedAED 460K · Jul 2024
1–7 of 13

106, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 15 July 2015 for AED 800,000, or AED 1,003 per sqft.
  • Rented since April 2015 on 5 Ejari contracts, from AED 60,000 to AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2015 price is 2.3%, before a service charge of about AED 10,900 a year (AED 13.65 per sqft).
  • One-beds in Axis Residences 5 sold for AED 250,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 765 per sqft.

Source: Dubai Land Department. Updated 1 March 2020.

Questions about 106, Axis Residences 5

What did unit 106 last sell for?

AED 800,000 on 15 July 2015, sold by the developer: AED 1,003 per sqft for 797 sqft. It is the only registered sale of the unit.

What is the rent for unit 106?

AED 18,000 a year on the contract signed on 1 March 2020. The previous contract, from October 2018, was AED 40,000; the unit has been rented since April 2015.

How big is unit 106?

797 sqft (74.0 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 106 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 5 sold for AED 250,000 to 625,000 in the last 12 months, around AED 765 per sqft.

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Mortgage on 106, Axis Residences 5

Starts from the last sale price (AED 800K, 15 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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