1-bed · 784 sqftAxis Residences 5, Dubai Silicon Oasis · 4th floor · completed 2010

413, Axis Residences 5

Sold prices and rental history: sold 4 times, last in November 2018, and rented once, from January 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 6 November 2018
Last soldAED 243K6 November 2018
Current rentAED 36K /yr1 January 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Axis Residences 5

What is 413 worth today?

Last sold for AED 242,500 in 2018

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6 Nov 2018SoldReady
AED 242,500AED 309 per sqft
7 Dec 2014SoldReady
AED 342,500AED 437 per sqft
19 Nov 2013SoldReady
AED 493,061AED 629 per sqft
1 Jan 2013RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
29 May 2011Sold by developerReady
AED 469,300AED 598 per sqft

Source: Dubai Land Department. Updated 6 November 2018.

Key facts

Type
1-bed apartment
Size
784 sqft
Floor
4th of 8
Parking
55
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 243K · November 2018

About 413, Axis Residences 5

413 is a one-bedroom apartment of 784 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 6 November 2018 for AED 242,500, or AED 309 per sqft, 49% below the AED 600 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 January 2013. The current contract, signed on 1 January 2013, is AED 36,000 a year: a gross yield of 14.8% on the 2018 price, before the service charge of about AED 10,700 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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 469,300 (AED 598 per sqft)Sold, November 2013: AED 493,061 (AED 629 per sqft)Sold, December 2014: AED 342,500 (AED 437 per sqft)Sold, November 2018: AED 242,500 (AED 309 per sqft)

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

Rents
Unit 413, 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, January 2013: AED 36,000 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 413 sits

All 112 1-beds →

413 last sold in November 2018 at AED 309 per sqft, 49% below what one-beds in Axis Residences 5 were fetching at the time (AED 600). 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. 413's AED 36,000 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
4051-bedAED 455K · Sep 2018
4061-bedAED 330K · Sep 2022
4071-bedAED 450K · May 2022
1–7 of 13

413, Axis Residences 5 in numbers

  • Sold 4 times: first on 29 May 2011 for AED 469,300, last on 6 November 2018 for AED 242,500 (AED 309 per sqft).
  • Rented since January 2013 on one Ejari contract, at AED 36,000 a year.
  • At AED 36,000 a year the gross yield on the 2018 price is 14.8%, before a service charge of about AED 10,700 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 6 November 2018.

Questions about 413, Axis Residences 5

What did unit 413 last sell for?

AED 242,500 on 6 November 2018: AED 309 per sqft for 784 sqft. The unit has 4 registered sales; the first was AED 469,300 in May 2011.

What is the rent for unit 413?

AED 36,000 a year on the contract signed on 1 January 2013.

How big is unit 413?

784 sqft (72.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 413 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 413, Axis Residences 5

Starts from the last sale price (AED 243K, 6 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 242,500
Deposit, UAE resident (20%)
AED 48,500
Deposit, non-resident (40%)
AED 97,000
Monthly over 25 years at 3.7%
AED 992

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