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1-bed · 813 sqftAxis Residences 4, Dubai Silicon Oasis · 100th floor · completed 2009

215, Axis Residences 4

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 483K23 June 2015
Current rentAED 39K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 215, Axis Residences 4

What is 215 worth today?

Last sold for AED 483,491 in 2015

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1 Jul 2024RentedRenewal
AED 38,500/yr12 months · AED 48 per sqft
1 Jul 2023RentedRenewal
AED 32,500/yr12 months · AED 40 per sqft
1 Jul 2023RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
1 Jul 2022RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
21 May 2021RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
1 Jun 2020RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
1 Apr 2017RentedNew contract
AED 51,000/yr12 months · AED 63 per sqft
23 Jun 2015Sold by developerReady
AED 483,491AED 595 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
813 sqft
Floor
100th of 100
Parking
37
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 483K · June 2015
Building
Axis Residences 4

About 215, Axis Residences 4

215 is a one-bedroom apartment of 813 sqft on the 100th floor of Axis Residences 4, a 100-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. The developer sold it on 23 June 2015 for AED 483,491, or AED 595 per sqft, 19% below the AED 732 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 38,500 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 9,500 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical one-bed in Axis Residences 4
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 514,900; 2012 AED 509,250; 2013 AED 844,053; 2014 AED 1,398,000; 2015 AED 610,000; 2016 AED 587,500; 2017 AED 600,000; 2018 AED 515,000; 2019 AED 415,000; 2021 AED 500,000; 2022 AED 385,000; 2023 AED 358,000; 2024 AED 495,000; 2025 AED 540,000; 2026 AED 595,000Sold by developer, June 2015: AED 483,491 (AED 595 per sqft)

215 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 215, each contractTypical one-bed in Axis Residences 4
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 36,000; 2014 AED 50,000; 2015 AED 55,000; 2016 AED 57,500; 2017 AED 52,200; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 31,000; 2023 AED 37,000; 2024 AED 42,175; 2025 AED 45,000; 2026 AED 53,750New contract, March 2015: AED 42,000 a yearNew contract, April 2017: AED 51,000 a yearNew contract, June 2020: AED 33,000 a yearNew contract, May 2021: AED 28,000 a yearNew contract, July 2022: AED 30,000 a yearRenewal, July 2023: AED 32,500 a yearRenewal, July 2023: AED 40,000 a yearRenewal, July 2024: AED 38,500 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 4, and where 215 sits

All 114 1-beds →

215 last sold in June 2015 at AED 595 per sqft, 19% below what one-beds in Axis Residences 4 were fetching at the time (AED 732). Over the last 12 months one-beds sold for AED 400,000 to 742,000, around AED 730 per sqft, and rent for AED 39,960 to 58,000 a year. 215's AED 38,500 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 2026590,000
11 Feb 2026575,000
10 Feb 2026595,000
3 Feb 2026595,000
19 1-bed sales in the last 12 months

Axis Residences 4

Building

128 apartments, 1-bed over 100 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 19 sold in the last 12 months.

Typical price per sqft
AED 730 Up 14.1%
Typical sale
AED 595K
Typical rent
AED 55K /yr
Typical yield
9.4%
Axis Residences 4, Dubai Silicon Oasis: prices, sales and rents →

215, Axis Residences 4 in numbers

  • Sold once: by Gulf General Investments Co on 23 June 2015 for AED 483,491, or AED 595 per sqft.
  • Rented since March 2015 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 28,000 in 2021 and recovered to AED 38,500 by July 2024.
  • At AED 38,500 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 9,500 a year (AED 11.74 per sqft).
  • One-beds in Axis Residences 4 sold for AED 400,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 730 per sqft.

Source: Dubai Land Department. Updated 1 July 2024.

Questions about 215, Axis Residences 4

What did unit 215 last sell for?

AED 483,491 on 23 June 2015, sold by the developer: AED 595 per sqft for 813 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 38,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 32,500; the unit has been rented since March 2015.

How big is unit 215?

813 sqft (75.5 sqm): a one-bedroom apartment on the 100th floor of a 100-storey tower completed in 2009.

What is unit 215 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 4 sold for AED 400,000 to 742,000 in the last 12 months, around AED 730 per sqft.

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Mortgage on 215, Axis Residences 4

Starts from the last sale price (AED 483K, 23 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 483,491
Deposit, UAE resident (20%)
AED 96,698
Deposit, non-resident (40%)
AED 193,396
Monthly over 25 years at 3.7%
AED 1,978

Plus AED 23,217 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →