407, Axis Residences 5
Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Axis Residences 5
What is 407 worth today?
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Source: Dubai Land Department. Updated 3 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 855 sqft
- Floor
- 4th of 8
- Parking
- 49
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,700 /yr
- Last sold
- AED 450K · May 2022
- Building
- Axis Residences 5
About 407, Axis Residences 5
407 is a one-bedroom apartment of 855 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 13 May 2022 for AED 449,989, or AED 526 per sqft, in line with the AED 526 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 3 January 2026, is AED 43,000 a year: a gross yield of 9.6% on the 2022 price, before the service charge of about AED 11,700 a year.
Sales and rents for 407 over time
407 has sold twice; 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 407 sits
All 112 1-beds →407 last sold in May 2022 at AED 526 per sqft, in line with 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. 407's AED 43,000 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 | |
| 406 | 1-bed | 797 sqft | AED 330KAED 330,000 · Sep 2022September 2022 | 37,000 /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 |
407, Axis Residences 5 in numbers
- Sold twice: first on 5 June 2012 for AED 438,375, last on 13 May 2022 for AED 449,989 (AED 526 per sqft).
- Rented since August 2013 on 13 Ejari contracts. The rent fell from AED 36,000 to AED 27,040 in 2022 and recovered to AED 43,000 by January 2026.
- At AED 43,000 a year the gross yield on the 2022 price is 9.6%, before a service charge of about AED 11,700 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 3 January 2026.
Questions about 407, Axis Residences 5
What did unit 407 last sell for?
AED 449,989 on 13 May 2022: AED 526 per sqft for 855 sqft. The unit has 2 registered sales; the first was AED 438,375 in June 2012.
What is the rent for unit 407?
AED 43,000 a year on the contract renewed on 3 January 2026. The previous contract, from January 2025, was AED 40,480; the unit has been rented since August 2013.
How big is unit 407?
855 sqft (79.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 407 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 407, Axis Residences 5
Starts from the last sale price (AED 450K, 13 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 449,989
- Deposit, UAE resident (20%)
- AED 89,998
- Deposit, non-resident (40%)
- AED 179,996
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →