306, Axis Residences 5
Sold prices and rental history: sold once, by the developer in February 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 306, Axis Residences 5
What is 306 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 3rd of 8
- Parking
- 34
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 692K · February 2013
- Building
- Axis Residences 5
About 306, Axis Residences 5
306 is a one-bedroom apartment of 797 sqft on the 3rd 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 10 February 2013 for AED 692,016, or AED 868 per sqft, 66% above the AED 524 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 15 February 2025, is AED 40,000 a year: a gross yield of 5.8% on the 2013 price, before the service charge of about AED 10,900 a year.
Sales and rents for 306 over time
306 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 306 sits
All 109 1-beds →306 last sold in February 2013 at AED 868 per sqft, 66% above what one-beds in Axis Residences 5 were fetching at the time (AED 524). 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. 306's AED 40,000 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 3rd floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 762 sqft | AED 683KAED 682,789 · Feb 2013February 2013 | 26,000 /yr | |
| 302 | 1-bed | 652 sqft | AED 603KAED 603,438 · Feb 2013February 2013 | 36,500 /yr | |
| 303 | 1-bed | 854 sqft | AED 785KAED 785,207 · Feb 2013February 2013 | 36,800 /yr | |
| 304 | 1-bed | 855 sqft | AED 788KAED 787,975 · Feb 2013February 2013 | 42,350 /yr | |
| 305 | 1-bed | 758 sqft | AED 683KAED 682,789 · Feb 2013February 2013 | 46,000 /yr | |
| 307 | 1-bed | 855 sqft | AED 770KAED 770,444 · Feb 2013February 2013 | 39,500 /yr | |
| 308 | 1-bed | 808 sqft | AED 671KAED 670,794 · Feb 2013February 2013 | 50,000 /yr | |
| 309 | 1-bed | 729 sqft | AED 677KAED 677,253 · Feb 2013February 2013 | 45,000 /yr | |
| 310 | 1-bed | 867 sqft | AED 809KAED 809,197 · Feb 2013February 2013 | 48,000 /yr | |
| 311 | 1-bed | 889 sqft | AED 808KAED 808,275 · Feb 2013February 2013 | 35,000 /yr | |
| 312 | 1-bed | 610 sqft | AED 556KAED 556,381 · Feb 2013February 2013 | 40,570 /yr | |
| 313 | 1-bed | 784 sqft | AED 666KAED 666,181 · Feb 2013February 2013 | 46,200 /yr | |
| 314 | 1-bed | 844 sqft | AED 764KAED 763,985 · Feb 2013February 2013 | 39,000 /yr |
306, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 10 February 2013 for AED 692,016, or AED 868 per sqft.
- Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 30,000 in 2022 and recovered to AED 40,000 by February 2025.
- At AED 40,000 a year the gross yield on the 2013 price is 5.8%, 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 15 February 2025.
Questions about 306, Axis Residences 5
What did unit 306 last sell for?
AED 692,016 on 10 February 2013, sold by the developer: AED 868 per sqft for 797 sqft. It is the only registered sale of the unit.
What is the rent for unit 306?
AED 40,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 40,000; the unit has been rented since August 2013.
How big is unit 306?
797 sqft (74.0 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.
What is unit 306 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 306, Axis Residences 5
Starts from the last sale price (AED 692K, 10 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 692,016
- Deposit, UAE resident (20%)
- AED 138,403
- Deposit, non-resident (40%)
- AED 276,806
- Monthly over 25 years at 3.7%
- AED 2,831
Plus AED 34,075 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →