308, Axis Residences 5
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Axis Residences 5
What is 308 worth today?
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Source: Dubai Land Department. Updated 5 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 3rd of 8
- Parking
- 36
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,000 /yr
- Last sold
- AED 671K · February 2013
- Building
- Axis Residences 5
About 308, Axis Residences 5
308 is a one-bedroom apartment of 808 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 670,794, or AED 830 per sqft, 58% above the AED 524 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 5 July 2026, is AED 50,000 a year: a gross yield of 7.4% on the 2013 price, before the service charge of about AED 11,000 a year.
Sales and rents for 308 over time
308 has sold once; the dashed line is the one-bed median of each year in the building.
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 308 sits
All 112 1-beds →308 last sold in February 2013 at AED 830 per sqft, 58% 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. 308's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20262 July 2026 | 844 sqft | 620,000 | 734 | ||
| 8 Apr 20268 April 2026 | 364 sqft | 250,000 | 686 | ||
| 23 Mar 202623 March 2026 | 762 sqft | 625,000 | 820 | ||
| 17 Mar 202617 March 2026 | 797 sqft | 610,000 | 765 |
Axis Residences 5
Building112 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%
Other units on the 3rd floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 762 sqft | AED 683KAED 682,789 · Feb 2013February 2013 | 26,000 /yr | |
| 302 | 1-bed | 652 sqft | AED 603KAED 603,438 · Feb 2013February 2013 | 46,000 /yr | |
| 303 | 1-bed | 854 sqft | AED 785KAED 785,207 · Feb 2013February 2013 | 42,525 /yr | |
| 304 | 1-bed | 855 sqft | AED 788KAED 787,975 · Feb 2013February 2013 | 44,470 /yr | |
| 305 | 1-bed | 758 sqft | AED 683KAED 682,789 · Feb 2013February 2013 | 46,000 /yr | |
| 306 | 1-bed | 797 sqft | AED 692KAED 692,016 · Feb 2013February 2013 | 42,000 /yr | |
| 307 | 1-bed | 855 sqft | AED 770KAED 770,444 · Feb 2013February 2013 | 45,500 /yr | |
| 309 | 1-bed | 729 sqft | AED 677KAED 677,253 · Feb 2013February 2013 | 48,000 /yr | |
| 310 | 1-bed | 867 sqft | AED 809KAED 809,197 · Feb 2013February 2013 | 48,000 /yr | |
| 311 | 1-bed | 889 sqft | AED 808KAED 808,275 · Feb 2013February 2013 | 35,000 /yr | |
| 312 | 1-bed | 610 sqft | AED 556KAED 556,381 · Feb 2013February 2013 | 40,570 /yr | |
| 313 | 1-bed | 784 sqft | AED 666KAED 666,181 · Feb 2013February 2013 | 46,200 /yr | |
| 314 | 1-bed | 844 sqft | AED 764KAED 763,985 · Feb 2013February 2013 | 44,000 /yr |
308, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 10 February 2013 for AED 670,794, or AED 830 per sqft.
- Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 32,000 to AED 26,000 in 2021 and recovered to AED 50,000 by July 2026.
- At AED 50,000 a year the gross yield on the 2013 price is 7.4%, before a service charge of about AED 11,000 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 5 July 2026.
Questions about 308, Axis Residences 5
What did unit 308 last sell for?
AED 670,794 on 10 February 2013, sold by the developer: AED 830 per sqft for 808 sqft. It is the only registered sale of the unit.
What is the rent for unit 308?
AED 50,000 a year on the contract renewed on 5 July 2026. The previous contract, from July 2025, was AED 50,000; the unit has been rented since October 2012.
How big is unit 308?
808 sqft (75.1 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.
What is unit 308 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 308, Axis Residences 5
Starts from the last sale price (AED 671K, 10 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 670,794
- Deposit, UAE resident (20%)
- AED 134,159
- Deposit, non-resident (40%)
- AED 268,318
- Monthly over 25 years at 3.7%
- AED 2,744
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →