1-bed · 854 sqftAxis Residences 5, Dubai Silicon Oasis · 2nd floor · completed 2010

203, Axis Residences 5

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

Unit 203 · DLD and Ejari recordsUpdated 20 June 2018
Last soldAED 1.38M17 August 2015
Current rentAED 45K /yr20 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Axis Residences 5

What is 203 worth today?

Last sold for AED 1,381,500 in 2015

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20 Jun 2018RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
1 Jun 2017RentedRenewal
AED 57,500/yr12 months · AED 67 per sqft
1 Jun 2016RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
17 Aug 2015Sold by developerReady
AED 1,381,500AED 1,618 per sqft
5 Jul 2015RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 20 June 2018.

Key facts

Type
1-bed apartment
Size
854 sqft
Floor
2nd of 8
Parking
71
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,700 /yr
Last sold
AED 1.38M · August 2015

About 203, Axis Residences 5

203 is a one-bedroom apartment of 854 sqft on the 2nd 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 17 August 2015 for AED 1,381,500, or AED 1,618 per sqft, 115% above the AED 752 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 20 June 2018, is AED 45,000 a year: a gross yield of 3.3% on the 2015 price, before the service charge of about AED 11,700 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Axis Residences 5
1M20112015201920232027Typical 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, August 2015: AED 1,381,500 (AED 1,618 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Axis Residences 5
40K60K2012201620202024Typical 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, July 2015: AED 60,000 a yearNew contract, June 2016: AED 60,000 a yearRenewal, June 2017: AED 57,500 a yearNew contract, June 2018: AED 45,000 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 203 sits

All 112 1-beds →

203 last sold in August 2015 at AED 1,618 per sqft, 115% above what one-beds in Axis Residences 5 were fetching at the time (AED 752). 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. 203's AED 45,000 is in the lower half 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 2nd floor

All 112 units in Axis Residences 5
Value
2011-bedAED 630K · Mar 2014
2021-bedAED 295K · Aug 2021
2041-bedAED 400K · Jun 2023
2051-bedAED 412K · May 2022
2061-bedAED 494K · Dec 2013
2071-bedAED 1.36M · Nov 2014
2081-bedAED 446K · May 2022
1–7 of 13

203, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 17 August 2015 for AED 1,381,500, or AED 1,618 per sqft.
  • Rented since July 2015 on 4 Ejari contracts, from AED 60,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2015 price is 3.3%, before a service charge of about AED 11,700 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 20 June 2018.

Questions about 203, Axis Residences 5

What did unit 203 last sell for?

AED 1,381,500 on 17 August 2015, sold by the developer: AED 1,618 per sqft for 854 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 45,000 a year on the contract signed on 20 June 2018. The previous contract, from June 2017, was AED 57,500; the unit has been rented since July 2015.

How big is unit 203?

854 sqft (79.3 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 203 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 203, Axis Residences 5

Starts from the last sale price (AED 1.38M, 17 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,381,500
Deposit, UAE resident (20%)
AED 276,300
Deposit, non-resident (40%)
AED 552,600
Monthly over 25 years at 3.7%
AED 5,652

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