206, Axis Residences 5
Sold prices and rental history: sold once, by the developer in December 2013, 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 206, Axis Residences 5
What is 206 worth today?
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Source: Dubai Land Department. Updated 20 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 2nd of 8
- Parking
- 20
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 494K · December 2013
- Building
- Axis Residences 5
About 206, Axis Residences 5
206 is a one-bedroom apartment of 797 sqft on the 2nd 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 22 December 2013 for AED 494,047, or AED 619 per sqft, 28% below the AED 859 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 October 2024, is AED 45,000 a year: a gross yield of 9.1% on the 2013 price, before the service charge of about AED 10,900 a year.
Sales and rents for 206 over time
206 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 206 sits
All 109 1-beds →206 last sold in December 2013 at AED 619 per sqft, 28% below what one-beds in Axis Residences 5 were fetching at the time (AED 859). Over the last 12 months one-beds sold for AED 610,000 to 615,000, around AED 841 per sqft, and rent for AED 35,000 to 59,000 a year. 206's AED 45,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202516 June 2025 | 610 sqft | 490,000 | 802 | ||
| 21 May 202521 May 2025 | 758 sqft | 570,000 | 752 | ||
| 24 Dec 202424 December 2024 | 808 sqft | 530,000 | 656 | ||
| 5 Nov 20245 November 2024 | 758 sqft | 525,000 | 693 |
Axis Residences 5
Building112 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 2 sold in the last 12 months.
- Typical price per sqft
- AED 841
- Typical sale
- AED 613K
- Typical rent
- AED 47K /yr
- Typical yield
- 7.0%
Other units on the 2nd floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 762 sqft | AED 630KAED 630,000 · Mar 2014March 2014 | 54,000 /yr | |
| 202 | 1-bed | 652 sqft | AED 295KAED 295,000 · Aug 2021August 2021 | 45,000 /yr | |
| 203 | 1-bed | 854 sqft | AED 1.38MAED 1,381,500 · Aug 2015August 2015 | 45,000 /yr | |
| 204 | 1-bed | 855 sqft | AED 400KAED 400,000 · Jun 2023June 2023 | ||
| 205 | 1-bed | 758 sqft | AED 412KAED 412,366 · May 2022May 2022 | 45,000 /yr | |
| 207 | 1-bed | 855 sqft | AED 1.36MAED 1,356,400 · Nov 2014November 2014 | 43,652 /yr | |
| 208 | 1-bed | 808 sqft | AED 446KAED 446,070 · May 2022May 2022 | 46,211 /yr | |
| 209 | 1-bed | 729 sqft | AED 400KAED 399,763 · May 2022May 2022 | 42,735 /yr | |
| 210 | 1-bed | 867 sqft | AED 680KAED 680,000 · Oct 2014October 2014 | 58,000 /yr | |
| 211 | 1-bed | 889 sqft | AED 473KAED 473,040 · Apr 2015April 2015 | 40,000 /yr | |
| 212 | 1-bed | 610 sqft | AED 556KAED 556,381 · Jun 2015June 2015 | 38,000 /yr | |
| 213 | 1-bed | 784 sqft | AED 433KAED 432,604 · May 2022May 2022 | 42,000 /yr | |
| 214 | 1-bed | 844 sqft | AED 625KAED 625,000 · Jan 2014January 2014 | 40,000 /yr |
206, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 22 December 2013 for AED 494,047, or AED 619 per sqft.
- Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 45,000 by October 2024.
- At AED 45,000 a year the gross yield on the 2013 price is 9.1%, before a service charge of about AED 10,900 a year (AED 13.65 per sqft).
- One-beds in Axis Residences 5 sold for AED 610,000–615,000 in the 12 months to November 2026; the building's median across all types is AED 841 per sqft.
Source: Dubai Land Department. Updated 20 October 2024.
Questions about 206, Axis Residences 5
What did unit 206 last sell for?
AED 494,047 on 22 December 2013, sold by the developer: AED 619 per sqft for 797 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 45,000 a year on the contract signed on 20 October 2024. The previous contract, from July 2022, was AED 31,000; the unit has been rented since February 2013.
How big is unit 206?
797 sqft (74.0 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.
What is unit 206 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 610,000 to 615,000 in the last 12 months, around AED 841 per sqft.
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Mortgage on 206, Axis Residences 5
Starts from the last sale price (AED 494K, 22 December 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 494,047
- Deposit, UAE resident (20%)
- AED 98,809
- Deposit, non-resident (40%)
- AED 197,619
- Monthly over 25 years at 3.7%
- AED 2,021
Plus AED 23,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →