1-bed · 753 sqftAxis Residences 7, Dubai Silicon Oasis · 5th floor · completed 2009

509, Axis Residences 7

Sold prices and rental history: sold once, by the developer in August 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 509 · DLD and Ejari recordsUpdated 1 August 2013

Last soldAED 1.3M1 August 2013

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Today's valuefree after one verification

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Property timeline for 509, Axis Residences 7

Today

What is 509 worth today?

Last sold for AED 1,298,000 in 2013

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1 Aug 2013

1 Aug 2013Sold by developerReady

AED 1,298,000AED 1,724 per sqft

Source: Dubai Land Department. Updated 1 August 2013.

Key facts

Type: 1-bed apartment
Size: 753 sqft
Floor: 5th of 5
Parking: G-81
Developer: Gulf General Investments Co
Completed: 2009
Service charge: AED 9,000 /yr
Last sold: AED 1.3M · August 2013
Building: Axis Residences 7

About 509, Axis Residences 7

509 is a one-bedroom apartment of 753 sqft on the 5th floor of Axis Residences 7, a 5-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. The developer sold it on 1 August 2013 for AED 1,298,000, or AED 1,724 per sqft, in line with the AED 1,724 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

1-beds in Axis Residences 7, and where 509 sits

All 5 1-beds →

509 last sold in August 2013 at AED 1,724 per sqft, in line with what one-beds in Axis Residences 7 were fetching at the time (AED 1,724).

Recent 1-bed sales	Size	Price (AED)	Per sqft
1 Feb 20211 February 2021	766 sqft	700,000	914
27 Feb 201927 February 2019	783 sqft	450,000	574
1 Aug 20131 August 2013	787 sqft	1,351,200	1,717
1 Aug 20131 August 2013	691 sqft	1,210,500	1,751

0 1-bed sales in the last 12 months

Axis Residences 7

Building

7 apartments, 1-bed to 2-bed over 5 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. No sale in the last 12 months.

Typical price per sqft: Few sales
Typical sale: Few sales
Typical rent: AED 55K /yr
Typical yield

Axis Residences 7, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 7 units in Axis Residences 7

					ValueToday's value
510	1-bed	691 sqft	AED 1.21MAED 1,210,500 · Aug 2013August 2013
511	1-bed	787 sqft	AED 1.35MAED 1,351,200 · Aug 2013August 2013

509, Axis Residences 7 in numbers

Sold once: by Gulf General Investments Co on 1 August 2013 for AED 1,298,000, or AED 1,724 per sqft.

Source: Dubai Land Department. Updated 1 August 2013.

Questions about 509, Axis Residences 7

What did unit 509 last sell for?

AED 1,298,000 on 1 August 2013, sold by the developer: AED 1,724 per sqft for 753 sqft. It is the only registered sale of the unit.

How big is unit 509?

753 sqft (70.0 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2009.

What is unit 509 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 509, Axis Residences 7

Starts from the last sale price (AED 1.3M, 1 August 2013). Switch to today's estimate once you have unlocked it.

Price: AED 1,298,000
Deposit, UAE resident (20%): AED 259,600
Deposit, non-resident (40%): AED 519,200
Monthly over 25 years at 3.7%: AED 5,311

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