408, Axis Residences 4
Sold prices and rental history: sold twice, last in November 2022, 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 408, Axis Residences 4
What is 408 worth today?
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Source: Dubai Land Department. Updated 12 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 870 sqft
- Floor
- 4th of 100
- Parking
- 116
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 10,200 /yr
- Last sold
- AED 340K · November 2022
- Building
- Axis Residences 4
About 408, Axis Residences 4
408 is a one-bedroom apartment of 870 sqft on the 4th floor of Axis Residences 4, a 100-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 14 November 2022 for AED 340,000, or AED 390 per sqft, 21% below the AED 494 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 12 April 2024, is AED 41,800 a year: a gross yield of 12.3% on the 2022 price, before the service charge of about AED 10,200 a year.
Sales and rents for 408 over time
408 has sold twice; 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 4, and where 408 sits
All 114 1-beds →408 last sold in November 2022 at AED 390 per sqft, 21% below what one-beds in Axis Residences 4 were fetching at the time (AED 494). 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. 408's AED 41,800 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 808 sqft | 590,000 | 730 | ||
| 11 Feb 202611 February 2026 | 751 sqft | 575,000 | 766 | ||
| 10 Feb 202610 February 2026 | 808 sqft | 595,000 | 736 | ||
| 3 Feb 20263 February 2026 | 857 sqft | 595,000 | 694 |
Axis Residences 4
Building128 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%
Other units on the 4th floor
All 128 units in Axis Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 855 sqft | AED 340KAED 340,000 · Feb 2023February 2023 | 49,000 /yr | |
| 402 | 1-bed | 809 sqft | AED 325KAED 325,000 · Sep 2022September 2022 | 38,000 /yr | |
| 403 | 1-bed | 808 sqft | AED 520KAED 520,000 · May 2025May 2025 | 55,000 /yr | |
| 404 | 1-bed | 968 sqft | AED 410KAED 410,000 · Jan 2024January 2024 | 39,000 /yr | |
| 405 | 968 sqft | AED 590KAED 590,000 · Oct 2025October 2025 | 45,000 /yr | ||
| 406 | 1-bed | 808 sqft | AED 325KAED 325,000 · Sep 2022September 2022 | 43,000 /yr | |
| 407 | 1-bed | 751 sqft | AED 550KAED 550,000 · Mar 2018March 2018 | 42,000 /yr | |
| 409 | 1-bed | 870 sqft | AED 360KAED 360,000 · Mar 2023March 2023 | 52,238 /yr | |
| 410 | 1-bed | 751 sqft | AED 535KAED 535,000 · Jul 2025July 2025 | 41,800 /yr | |
| 411 | 1-bed | 808 sqft | AED 400KAED 400,000 · Jul 2023July 2023 | 39,675 /yr | |
| 412 | 1-bed | 968 sqft | AED 789KAED 789,294 · Oct 2017October 2017 | 48,000 /yr | |
| 413 | 1-bed | 968 sqft | AED 600KAED 600,000 · May 2025May 2025 | 41,250 /yr | |
| 414 | 1-bed | 808 sqft | AED 1.44MAED 1,436,000 · Oct 2014October 2014 | 32,550 /yr | |
| 415 | 1-bed | 813 sqft | AED 1.48MAED 1,477,300 · Oct 2014October 2014 | 40,950 /yr | |
| 416 | 1-bed | 429 sqft | AED 275KAED 275,000 · Mar 2017March 2017 | 50,000 /yr |
408, Axis Residences 4 in numbers
- Sold twice: first on 19 April 2015 for AED 430,500, last on 14 November 2022 for AED 340,000 (AED 390 per sqft).
- Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 30,081 to AED 26,000 in 2022 and recovered to AED 41,800 by April 2024.
- At AED 41,800 a year the gross yield on the 2022 price is 12.3%, before a service charge of about AED 10,200 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 12 April 2024.
Questions about 408, Axis Residences 4
What did unit 408 last sell for?
AED 340,000 on 14 November 2022: AED 390 per sqft for 870 sqft. The unit has 2 registered sales; the first was AED 430,500 in April 2015.
What is the rent for unit 408?
AED 41,800 a year on the contract renewed on 12 April 2024. The previous contract, from March 2022, was AED 26,000; the unit has been rented since January 2013.
How big is unit 408?
870 sqft (80.8 sqm): a one-bedroom apartment on the 4th floor of a 100-storey tower completed in 2009.
What is unit 408 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 408, Axis Residences 4
Starts from the last sale price (AED 340K, 14 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 340,000
- Deposit, UAE resident (20%)
- AED 68,000
- Deposit, non-resident (40%)
- AED 136,000
- Monthly over 25 years at 3.7%
- AED 1,391
Plus AED 17,190 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →