1-bed · 808 sqftAxis Residences 4, Dubai Silicon Oasis · 5th floor · completed 2009

506, Axis Residences 4

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 30 January 2025
Last soldAED 400K8 September 2023
Current rentAED 44K /yr30 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Axis Residences 4

What is 506 worth today?

Last sold for AED 400,000 in 2023

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30 Jan 2025RentedRenewal
AED 43,890/yr12 months · AED 54 per sqft
8 Sep 2023SoldReady
AED 400,000AED 495 per sqft
22 Feb 2023SoldReady
AED 335,000AED 414 per sqft
30 Jan 2023RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
25 Aug 2021RentedRenewal
AED 28,000/yr12 months · AED 35 per sqft
25 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
1 Feb 2020RentedNew contract
AED 35,000/yr12 months · AED 43 per sqft
10 Jan 2019RentedRenewal
AED 45,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 30 January 2025.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
5th of 100
Parking
59
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 400K · September 2023

About 506, Axis Residences 4

506 is a one-bedroom apartment of 808 sqft on the 5th 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 8 September 2023 for AED 400,000, or AED 495 per sqft, 20% above the AED 414 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 30 January 2025, is AED 43,890 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 9,500 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, April 2015: AED 398,500 (AED 493 per sqft)Sold, February 2023: AED 335,000 (AED 414 per sqft)Sold, September 2023: AED 400,000 (AED 495 per sqft)

506 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 506, 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, December 2014: AED 52,000 a yearNew contract, December 2015: AED 54,600 a yearNew contract, January 2018: AED 48,000 a yearRenewal, January 2019: AED 45,000 a yearNew contract, February 2020: AED 35,000 a yearNew contract, August 2020: AED 30,000 a yearRenewal, August 2021: AED 28,000 a yearNew contract, January 2023: AED 38,000 a yearRenewal, January 2025: AED 43,890 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 506 sits

All 114 1-beds →

506 last sold in September 2023 at AED 495 per sqft, 20% above what one-beds in Axis Residences 4 were fetching at the time (AED 414). 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. 506's AED 43,890 is in the lower half 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 →

Other units on the 5th floor

All 128 units in Axis Residences 4
Value
5011-bedAED 250K · Feb 2021
5021-bedAED 500K · Apr 2021
503AED 580K · Aug 2025
5041-bedAED 576K · Jun 2015
5051-bedAED 550K · May 2018
507AED 585K · Oct 2025
5081-bedAED 305K · Oct 2017
1–7 of 15

506, Axis Residences 4 in numbers

  • Sold 3 times: first on 19 April 2015 for AED 398,500, last on 8 September 2023 for AED 400,000 (AED 495 per sqft).
  • Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 28,000 in 2021 and recovered to AED 43,890 by January 2025.
  • At AED 43,890 a year the gross yield on the 2023 price is 11.0%, 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 30 January 2025.

Questions about 506, Axis Residences 4

What did unit 506 last sell for?

AED 400,000 on 8 September 2023: AED 495 per sqft for 808 sqft. The unit has 3 registered sales; the first was AED 398,500 in April 2015.

What is the rent for unit 506?

AED 43,890 a year on the contract renewed on 30 January 2025. The previous contract, from January 2023, was AED 38,000; the unit has been rented since December 2014.

How big is unit 506?

808 sqft (75.1 sqm): a one-bedroom apartment on the 5th floor of a 100-storey tower completed in 2009.

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 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 506, Axis Residences 4

Starts from the last sale price (AED 400K, 8 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →