1-bed · 201 sqftAxis Residences 5, Dubai Silicon Oasis · 4th floor · completed 2010

412, Axis Residences 5

Sold prices and rental history: sold 4 times, last in February 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 25 October 2022
Last soldAED 333K16 February 2020
Current rentAED 30K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Axis Residences 5

What is 412 worth today?

Last sold for AED 333,000 in 2020

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25 Oct 2022RentedNew contract
AED 30,000/yr12 months · AED 49 per sqft
25 Oct 2021RentedNew contract
AED 26,000/yr12 months · AED 43 per sqft
16 Feb 2020SoldReady
AED 333,000AED 1,653 per sqft
7 Sep 2018RentedNew contract
AED 45,000/yr12 months · AED 73 per sqft
7 Sep 2016RentedNew contract
AED 52,000/yr12 months · AED 85 per sqft
26 Mar 2014SoldReady
AED 607,500AED 995 per sqft
19 Nov 2013SoldReady
AED 493,061AED 807 per sqft
16 Feb 2013RentedNew contract
AED 35,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 25 October 2022.

Key facts

Type
1-bed apartment
Size
201 sqft
Floor
4th of 8
Parking
54
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 2,700 /yr
Last sold
AED 333K · February 2020

About 412, Axis Residences 5

412 is a one-bedroom apartment of 201 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 16 February 2020 for AED 333,000, or AED 1,653 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 October 2022, is AED 30,000 a year: a gross yield of 9.0% on the 2020 price, before the service charge of about AED 2,700 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, May 2011: AED 391,950 (AED 642 per sqft)Sold, November 2013: AED 493,061 (AED 807 per sqft)Sold, March 2014: AED 607,500 (AED 995 per sqft)Sold, February 2020: AED 333,000 (AED 1,653 per sqft)

412 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 412, 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, February 2013: AED 35,000 a yearNew contract, September 2016: AED 52,000 a yearNew contract, September 2018: AED 45,000 a yearNew contract, October 2021: AED 26,000 a yearNew contract, October 2022: AED 30,000 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 412 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. 412's AED 30,000 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 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
4051-bedAED 455K · Sep 2018
4061-bedAED 330K · Sep 2022
4071-bedAED 450K · May 2022
1–7 of 13

412, Axis Residences 5 in numbers

  • Sold 4 times: first on 29 May 2011 for AED 391,950, last on 16 February 2020 for AED 333,000 (AED 1,653 per sqft).
  • Rented since February 2013 on 5 Ejari contracts. The rent fell from AED 35,000 to AED 26,000 in 2021 and recovered to AED 30,000 by October 2022.
  • At AED 30,000 a year the gross yield on the 2020 price is 9.0%, before a service charge of about AED 2,700 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 25 October 2022.

Questions about 412, Axis Residences 5

What did unit 412 last sell for?

AED 333,000 on 16 February 2020: AED 1,653 per sqft for 201 sqft. The unit has 4 registered sales; the first was AED 391,950 in May 2011.

What is the rent for unit 412?

AED 30,000 a year on the contract signed on 25 October 2022. The previous contract, from October 2021, was AED 26,000; the unit has been rented since February 2013.

How big is unit 412?

201 sqft (18.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 412 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 412, Axis Residences 5

Starts from the last sale price (AED 333K, 16 February 2020). Switch to today's estimate once you have unlocked it.
Price
AED 333,000
Deposit, UAE resident (20%)
AED 66,600
Deposit, non-resident (40%)
AED 133,200
Monthly over 25 years at 3.7%
AED 1,362

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