1-bed · 762 sqftAxis Residences 5, Dubai Silicon Oasis · 3rd floor · completed 2010

301, Axis Residences 5

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

Unit 301 · DLD and Ejari recordsUpdated 28 September 2021
Last soldAED 683K10 February 2013
Current rentAED 26K /yr28 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Axis Residences 5

What is 301 worth today?

Last sold for AED 682,789 in 2013

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28 Sep 2021RentedNew contract
AED 26,000/yr12 months · AED 34 per sqft
1 Sep 2019RentedNew contract
AED 36,000/yr12 months · AED 47 per sqft
1 Sep 2015RentedNew contract
AED 43,760/yr12 months · AED 57 per sqft
10 Feb 2013Sold by developerReady
AED 682,789AED 896 per sqft

Source: Dubai Land Department. Updated 28 September 2021.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
3rd of 8
Parking
29
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,400 /yr
Last sold
AED 683K · February 2013

About 301, Axis Residences 5

301 is a one-bedroom apartment of 762 sqft on the 3rd 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 10 February 2013 for AED 682,789, or AED 896 per sqft, 71% above the AED 524 one-beds in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, signed on 28 September 2021, is AED 26,000 a year: a gross yield of 3.8% on the 2013 price, before the service charge of about AED 10,400 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical one-bed in Axis Residences 5
250K500K750K20112015201920232027Typical 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, February 2013: AED 682,789 (AED 896 per sqft)

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

Rents
Unit 301, 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, September 2015: AED 43,760 a yearNew contract, September 2019: AED 36,000 a yearNew contract, September 2021: AED 26,000 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 301 sits

All 112 1-beds →

301 last sold in February 2013 at AED 896 per sqft, 71% above what one-beds in Axis Residences 5 were fetching at the time (AED 524). 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. 301's AED 26,000 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 3rd floor

All 112 units in Axis Residences 5
Value
3021-bedAED 603K · Feb 2013
3031-bedAED 785K · Feb 2013
3041-bedAED 788K · Feb 2013
3051-bedAED 683K · Feb 2013
3061-bedAED 692K · Feb 2013
3071-bedAED 770K · Feb 2013
3081-bedAED 671K · Feb 2013
1–7 of 13

301, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 10 February 2013 for AED 682,789, or AED 896 per sqft.
  • Rented since September 2015 on 3 Ejari contracts, from AED 43,760 to AED 26,000 a year.
  • At AED 26,000 a year the gross yield on the 2013 price is 3.8%, before a service charge of about AED 10,400 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 28 September 2021.

Questions about 301, Axis Residences 5

What did unit 301 last sell for?

AED 682,789 on 10 February 2013, sold by the developer: AED 896 per sqft for 762 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 26,000 a year on the contract signed on 28 September 2021. The previous contract, from September 2019, was AED 36,000; the unit has been rented since September 2015.

How big is unit 301?

762 sqft (70.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 301 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 301, Axis Residences 5

Starts from the last sale price (AED 683K, 10 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 682,789
Deposit, UAE resident (20%)
AED 136,558
Deposit, non-resident (40%)
AED 273,116
Monthly over 25 years at 3.7%
AED 2,794

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