406, Axis Residences 5
Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Axis Residences 5
What is 406 worth today?
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Source: Dubai Land Department. Updated 10 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 4th of 8
- Parking
- 48
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 330K · September 2022
- Building
- Axis Residences 5
About 406, Axis Residences 5
406 is a one-bedroom apartment of 797 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 7 September 2022 for AED 330,000, or AED 414 per sqft, 21% below the AED 526 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 April 2023, is AED 37,000 a year: a gross yield of 11.2% on the 2022 price, before the service charge of about AED 10,900 a year.
Sales and rents for 406 over time
406 has sold 3 times; 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 406 sits
All 112 1-beds →406 last sold in September 2022 at AED 414 per sqft, 21% below what one-beds in Axis Residences 5 were fetching at the time (AED 526). 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. 406's AED 37,000 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 4th floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 762 sqft | AED 590KAED 590,000 · Jun 2015June 2015 | 55,000 /yr | |
| 402 | 1-bed | 652 sqft | AED 360KAED 360,000 · Feb 2013February 2013 | 47,000 /yr | |
| 403 | 1-bed | 854 sqft | AED 350KAED 350,000 · Mar 2022March 2022 | 46,000 /yr | |
| 404 | 1-bed | 855 sqft | AED 1.52MAED 1,522,900 · Oct 2012October 2012 | 37,000 /yr | |
| 405 | 1-bed | 758 sqft | AED 455KAED 455,000 · Sep 2018September 2018 | 47,000 /yr | |
| 407 | 1-bed | 855 sqft | AED 450KAED 449,989 · May 2022May 2022 | 43,000 /yr | |
| 408 | 1-bed | 808 sqft | AED 325KAED 325,000 · Sep 2022September 2022 | 48,000 /yr | |
| 409 | 1-bed | 729 sqft | AED 398KAED 398,162 · May 2022May 2022 | 43,000 /yr | |
| 410 | 1-bed | 867 sqft | AED 615KAED 615,000 · Nov 2025November 2025 | 50,000 /yr | |
| 411 | 1-bed | 889 sqft | AED 473KAED 473,040 · May 2015May 2015 | 44,100 /yr | |
| 412 | 1-bed | 201 sqft | AED 333KAED 333,000 · Feb 2020February 2020 | 30,000 /yr | |
| 413 | 1-bed | 784 sqft | AED 243KAED 242,500 · Nov 2018November 2018 | 36,000 /yr | |
| 414 | 1-bed | 844 sqft | AED 620KAED 620,000 · Jul 2026July 2026 | 58,000 /yr |
406, Axis Residences 5 in numbers
- Sold 3 times: first on 21 January 2014 for AED 375,000, last on 7 September 2022 for AED 330,000 (AED 414 per sqft).
- Rented since September 2014 on 7 Ejari contracts. The rent fell from AED 58,000 to AED 27,000 in 2021 and recovered to AED 37,000 by April 2023.
- At AED 37,000 a year the gross yield on the 2022 price is 11.2%, before a service charge of about AED 10,900 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 10 April 2023.
Questions about 406, Axis Residences 5
What did unit 406 last sell for?
AED 330,000 on 7 September 2022: AED 414 per sqft for 797 sqft. The unit has 3 registered sales; the first was AED 375,000 in January 2014.
What is the rent for unit 406?
AED 37,000 a year on the contract signed on 10 April 2023. The previous contract, from October 2021, was AED 27,000; the unit has been rented since September 2014.
How big is unit 406?
797 sqft (74.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 406 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 406, Axis Residences 5
Starts from the last sale price (AED 330K, 7 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 330,000
- Deposit, UAE resident (20%)
- AED 66,000
- Deposit, non-resident (40%)
- AED 132,000
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →