1-bed · 889 sqftAxis Residences 5, Dubai Silicon Oasis · 2nd floor · completed 2010

211, Axis Residences 5

Sold prices and rental history: sold once, by the developer in April 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 473K7 April 2015
Current rentAED 40K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Axis Residences 5

What is 211 worth today?

Last sold for AED 473,040 in 2015

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1 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
1 Mar 2022RentedNew contract
AED 28,000/yr12 months · AED 31 per sqft
1 Jan 2021RentedNew contract
AED 26,000/yr13 months · AED 29 per sqft
28 Oct 2016RentedNew contract
AED 46,000/yr12 months · AED 51 per sqft
7 Apr 2015Sold by developerReady
AED 473,040AED 532 per sqft
15 Oct 2013RentedNew contract
AED 39,424/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
2nd of 8
Parking
25
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 12,100 /yr
Last sold
AED 473K · April 2015

About 211, Axis Residences 5

211 is a one-bedroom apartment of 889 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 7 April 2015 for AED 473,040, or AED 532 per sqft, in line with the AED 546 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 1 June 2023, is AED 40,000 a year: a gross yield of 8.5% on the 2015 price, before the service charge of about AED 12,100 a year.

Sales and rents for 211 over time

Sales
Unit 211, 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, April 2015: AED 473,040 (AED 532 per sqft)

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

Rents
Unit 211, 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, October 2013: AED 39,424 a yearNew contract, October 2016: AED 46,000 a yearNew contract, January 2021: AED 26,000 a yearNew contract, March 2022: AED 28,000 a yearNew contract, June 2023: AED 40,000 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 211 sits

All 112 1-beds →

211 last sold in April 2015 at AED 532 per sqft, in line with what one-beds in Axis Residences 5 were fetching at the time (AED 546). 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. 211's AED 40,000 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
2031-bedAED 1.38M · Aug 2015
2041-bedAED 400K · Jun 2023
2051-bedAED 412K · May 2022
2061-bedAED 494K · Dec 2013
2071-bedAED 1.36M · Nov 2014
1–7 of 13

211, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 7 April 2015 for AED 473,040, or AED 532 per sqft.
  • Rented since October 2013 on 5 Ejari contracts. The rent fell from AED 39,424 to AED 26,000 in 2021 and recovered to AED 40,000 by June 2023.
  • At AED 40,000 a year the gross yield on the 2015 price is 8.5%, 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 1 June 2023.

Questions about 211, Axis Residences 5

What did unit 211 last sell for?

AED 473,040 on 7 April 2015, sold by the developer: AED 532 per sqft for 889 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 40,000 a year on the contract signed on 1 June 2023. The previous contract, from March 2022, was AED 28,000; the unit has been rented since October 2013.

How big is unit 211?

889 sqft (82.6 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 211 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 211, Axis Residences 5

Starts from the last sale price (AED 473K, 7 April 2015). Switch to today's estimate once you have unlocked it.
Price
AED 473,040
Deposit, UAE resident (20%)
AED 94,608
Deposit, non-resident (40%)
AED 189,216
Monthly over 25 years at 3.7%
AED 1,935

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