1-bed · 758 sqftAxis Residences 5, Dubai Silicon Oasis · 4th floor · completed 2010

405, Axis Residences 5

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 30 September 2018
Last soldAED 455K30 September 2018
Current rentAED 47K /yr10 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Axis Residences 5

What is 405 worth today?

Last sold for AED 455,000 in 2018

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30 Sep 2018SoldReady
AED 455,000AED 600 per sqft
10 Sep 2018RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
9 Aug 2017RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
9 Aug 2016RentedNew contract
AED 56,000/yr12 months · AED 74 per sqft
10 Aug 2015RentedRenewal
AED 56,000/yr12 months · AED 74 per sqft
10 Aug 2014RentedNew contract
AED 54,000/yr12 months · AED 72 per sqft
10 Aug 2013RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
24 Feb 2013Sold by developerReady
AED 370,000AED 488 per sqft

Source: Dubai Land Department. Updated 30 September 2018.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
4th of 8
Parking
47
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,300 /yr
Last sold
AED 455K · September 2018

About 405, Axis Residences 5

405 is a one-bedroom apartment of 758 sqft on the 4th 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 30 September 2018 for AED 455,000, or AED 600 per sqft.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 10 September 2018, is AED 47,000 a year: a gross yield of 10.3% on the 2018 price, before the service charge of about AED 10,300 a year.

Sales and rents for 405 over time

Sales
Unit 405, 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, February 2013: AED 370,000 (AED 488 per sqft)Sold, September 2018: AED 455,000 (AED 600 per sqft)

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

Rents
Unit 405, 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, August 2013: AED 45,000 a yearNew contract, August 2014: AED 54,000 a yearRenewal, August 2015: AED 56,000 a yearNew contract, August 2016: AED 56,000 a yearRenewal, August 2017: AED 55,000 a yearNew contract, September 2018: AED 47,000 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 405 sits

All 112 1-beds →

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. 405's AED 47,000 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 4th floor

All 112 units in Axis Residences 5
Value
4011-bedAED 590K · Jun 2015
4021-bedAED 360K · Feb 2013
4031-bedAED 350K · Mar 2022
4041-bedAED 1.52M · Oct 2012
4061-bedAED 330K · Sep 2022
4071-bedAED 450K · May 2022
4081-bedAED 325K · Sep 2022
1–7 of 13

405, Axis Residences 5 in numbers

  • Sold twice: first on 24 February 2013 for AED 370,000, last on 30 September 2018 for AED 455,000 (AED 600 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 45,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2018 price is 10.3%, before a service charge of about AED 10,300 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 30 September 2018.

Questions about 405, Axis Residences 5

What did unit 405 last sell for?

AED 455,000 on 30 September 2018: AED 600 per sqft for 758 sqft. The unit has 2 registered sales; the first was AED 370,000 in February 2013.

What is the rent for unit 405?

AED 47,000 a year on the contract signed on 10 September 2018. The previous contract, from August 2017, was AED 55,000; the unit has been rented since August 2013.

How big is unit 405?

758 sqft (70.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 405 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 405, Axis Residences 5

Starts from the last sale price (AED 455K, 30 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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