506, Axis Residences 5
Sold prices and rental history: sold once, by the developer 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.
Property timeline for 506, Axis Residences 5
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 398 sqft
- Floor
- 5th of 8
- Parking
- 73
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 5,400 /yr
- Last sold
- AED 573K · February 2020
- Building
- Axis Residences 5
About 506, Axis Residences 5
506 is a one-bedroom apartment of 398 sqft on the 5th floor of Axis Residences 5, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. The developer sold it on 13 February 2020 for AED 573,236, or AED 719 per sqft.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 45,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 5,400 a year.
Sales and rents for 506 over time
506 has sold once; 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 506 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. 506's AED 45,000 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 5th floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 762 sqft | AED 565KAED 565,291 · Mar 2014March 2014 | 40,000 /yr | |
| 502 | 1-bed | 652 sqft | AED 300KAED 300,000 · Jun 2022June 2022 | 38,500 /yr | |
| 503 | 1-bed | 854 sqft | AED 500KAED 500,000 · Apr 2024April 2024 | 50,000 /yr | |
| 504 | 1-bed | 855 sqft | AED 490KAED 490,000 · Apr 2024April 2024 | 51,000 /yr | |
| 505 | 1-bed | 758 sqft | AED 590KAED 590,000 · Dec 2015December 2015 | 50,000 /yr | |
| 507 | 1-bed | 855 sqft | AED 638KAED 638,015 · May 2015May 2015 | 60,000 /yr | |
| 508 | 1-bed | 808 sqft | AED 600KAED 600,000 · Sep 2015September 2015 | 60,000 /yr | |
| 509 | 1-bed | 729 sqft | AED 615KAED 615,000 · Feb 2026February 2026 | 48,000 /yr | |
| 510 | 1-bed | 867 sqft | AED 650KAED 650,000 · May 2016May 2016 | 70,800 /yr | |
| 511 | 1-bed | 889 sqft | AED 345KAED 345,000 · Dec 2020December 2020 | 35,000 /yr | |
| 512 | 1-bed | 610 sqft | AED 250KAED 249,500 · Jun 2017June 2017 | 33,000 /yr | |
| 513 | 1-bed | 392 sqft | AED 552KAED 551,847 · Feb 2018February 2018 | 48,000 /yr | |
| 514 | 1-bed | 844 sqft | AED 633KAED 632,515 · Mar 2015March 2015 | 38,000 /yr |
506, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 13 February 2020 for AED 573,236, or AED 719 per sqft.
- Rented since February 2013 on 9 Ejari contracts, from AED 38,000 to AED 45,000 a year.
- At AED 45,000 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 5,400 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 5 October 2024.
Questions about 506, Axis Residences 5
What did unit 506 last sell for?
AED 573,236 on 13 February 2020, sold by the developer: AED 719 per sqft for 398 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 45,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 44,000; the unit has been rented since February 2013.
How big is unit 506?
398 sqft (37.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.
What is unit 506 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.
Selling 506? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 506, Axis Residences 5
Starts from the last sale price (AED 573K, 13 February 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 573,236
- Deposit, UAE resident (20%)
- AED 114,647
- Deposit, non-resident (40%)
- AED 229,294
- Monthly over 25 years at 3.7%
- AED 2,345
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →