1-bed · 610 sqftAxis Residences 5, Dubai Silicon Oasis · 2nd floor · completed 2010

212, Axis Residences 5

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 212 · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 556K30 June 2015
Current rentAED 38K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Axis Residences 5

What is 212 worth today?

Last sold for AED 556,381 in 2015

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1 Sep 2023RentedNew contract
AED 38,000/yr12 months · AED 62 per sqft
10 Jun 2021RentedNew contract
AED 25,000/yr12 months · AED 41 per sqft
25 May 2020RentedNew contract
AED 28,000/yr12 months · AED 46 per sqft
5 Apr 2019RentedRenewal
AED 42,000/yr12 months · AED 69 per sqft
5 Apr 2018RentedRenewal
AED 48,000/yr12 months · AED 79 per sqft
5 Apr 2017RentedNew contract
AED 48,000/yr12 months · AED 79 per sqft
2 Mar 2016RentedNew contract
AED 54,000/yr12 months · AED 88 per sqft
16 Aug 2015RentedNew contract · flagged as an outlier
AED 10,000/yr12 months · AED 16 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
610 sqft
Floor
2nd of 8
Parking
26
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 8,300 /yr
Last sold
AED 556K · June 2015

About 212, Axis Residences 5

212 is a one-bedroom apartment of 610 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 30 June 2015 for AED 556,381, or AED 911 per sqft, 22% above the AED 746 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 September 2023, is AED 38,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 212 over time

Sales
Unit 212, each saleTypical one-bed in Axis Residences 5
250K500K750K2011201520192023Typical sale price by year: 2011 AED 438,750; 2012 AED 388,500; 2013 AED 666,181; 2014 AED 473,040; 2015 AED 555,947; 2016 AED 200,000; 2017 AED 550,000; 2018 AED 455,000; 2020 AED 345,000; 2021 AED 322,500; 2022 AED 408,022; 2023 AED 382,500; 2024 AED 480,000Sold by developer, June 2015: AED 556,381 (AED 911 per sqft)

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

Rents
Unit 212, each contractTypical one-bed in Axis Residences 5
20K40K60K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 38,000; 2014 AED 44,500; 2015 AED 51,975; 2016 AED 54,706; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 37,950; 2024 AED 44,050; 2025 AED 45,000; 2026 AED 44,400New contract, March 2016: AED 54,000 a yearNew contract, April 2017: AED 48,000 a yearRenewal, April 2018: AED 48,000 a yearRenewal, April 2019: AED 42,000 a yearNew contract, May 2020: AED 28,000 a yearNew contract, June 2021: AED 25,000 a yearNew contract, September 2023: AED 38,000 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 5, and where 212 sits

All 109 1-beds →

212 last sold in June 2015 at AED 911 per sqft, 22% above what one-beds in Axis Residences 5 were fetching at the time (AED 746). 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. 212's AED 38,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 2025490,000
21 May 2025570,000
24 Dec 2024530,000
5 Nov 2024525,000
2 1-bed sales in the last 12 months

Axis Residences 5

Building

112 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%
Axis Residences 5, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 112 units in Axis Residences 5
Value
2011-bedAED 630K · Mar 2014
2021-bedAED 295K · Aug 2021
2031-bedAED 1.38M · Aug 2015
2041-bedAED 400K · Jun 2023
2051-bedAED 412K · May 2022
2061-bedAED 494K · Dec 2013
2071-bedAED 1.36M · Nov 2014
1–7 of 13

212, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 30 June 2015 for AED 556,381, or AED 911 per sqft.
  • Rented since August 2015 on 8 Ejari contracts, from AED 10,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 8,300 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 1 September 2023.

Questions about 212, Axis Residences 5

What did unit 212 last sell for?

AED 556,381 on 30 June 2015, sold by the developer: AED 911 per sqft for 610 sqft. It is the only registered sale of the unit.

What is the rent for unit 212?

AED 38,000 a year on the contract signed on 1 September 2023. The previous contract, from June 2021, was AED 25,000; the unit has been rented since August 2015.

How big is unit 212?

610 sqft (56.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 212 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 212, Axis Residences 5

Starts from the last sale price (AED 556K, 30 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 556,381
Deposit, UAE resident (20%)
AED 111,276
Deposit, non-resident (40%)
AED 222,552
Monthly over 25 years at 3.7%
AED 2,276

Plus AED 28,378 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →