1-bed · 889 sqftAxis Residences 5, Dubai Silicon Oasis · 1st floor · completed 2010

111, Axis Residences 5

Sold prices and rental history: sold twice, last in April 2023, and rented once, from June 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 17 April 2023
Last soldAED 380K17 April 2023
Current rentAED 35K /yr8 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Axis Residences 5

What is 111 worth today?

Last sold for AED 380,000 in 2023

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17 Apr 2023SoldReady
AED 380,000AED 427 per sqft
30 Jun 2014Sold by developerReady
AED 473,040AED 532 per sqft
8 Jun 2014RentedNew contract
AED 34,653/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 17 April 2023.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
1st of 8
Parking
11
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 12,100 /yr
Last sold
AED 380K · April 2023

About 111, Axis Residences 5

111 is a one-bedroom apartment of 889 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. It last sold on 17 April 2023 for AED 380,000, or AED 427 per sqft, 18% below the AED 523 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 June 2014. The current contract, signed on 8 June 2014, is AED 34,653 a year: a gross yield of 9.1% on the 2023 price, before the service charge of about AED 12,100 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Axis Residences 5
200K400K600K20112015201920232027Typical 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, June 2014: AED 473,040 (AED 532 per sqft)Sold, April 2023: AED 380,000 (AED 427 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Axis Residences 5
40K2012201620202024Typical 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, June 2014: AED 34,653 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 111 sits

All 112 1-beds →

111 last sold in April 2023 at AED 427 per sqft, 18% below what one-beds in Axis Residences 5 were fetching at the time (AED 523). 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. 111's AED 34,653 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
1061-bedAED 800K · Jul 2015
1071-bedAED 340K · Nov 2022
1–7 of 13

111, Axis Residences 5 in numbers

  • Sold twice: first on 30 June 2014 for AED 473,040, last on 17 April 2023 for AED 380,000 (AED 427 per sqft).
  • Rented since June 2014 on one Ejari contract, at AED 34,653 a year.
  • At AED 34,653 a year the gross yield on the 2023 price is 9.1%, before a service charge of about AED 12,100 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 17 April 2023.

Questions about 111, Axis Residences 5

What did unit 111 last sell for?

AED 380,000 on 17 April 2023: AED 427 per sqft for 889 sqft. The unit has 2 registered sales; the first was AED 473,040 in June 2014.

What is the rent for unit 111?

AED 34,653 a year on the contract signed on 8 June 2014.

How big is unit 111?

889 sqft (82.6 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 111 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 111, Axis Residences 5

Starts from the last sale price (AED 380K, 17 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

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