1-bed · 855 sqftAxis Residences 5, Dubai Silicon Oasis · 3rd floor · completed 2010

307, Axis Residences 5

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 770K10 February 2013
Current rentAED 40K /yr22 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, Axis Residences 5

What is 307 worth today?

Last sold for AED 770,444 in 2013

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22 May 2023RentedNew contract
AED 39,500/yr12 months · AED 46 per sqft
5 May 2022RentedRenewal
AED 32,000/yr12 months · AED 37 per sqft
5 May 2021RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
5 May 2020RentedRenewal
AED 34,000/yr12 months · AED 40 per sqft
5 May 2019RentedNew contract
AED 38,000/yr12 months · AED 44 per sqft
10 Aug 2014RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
10 Feb 2013Sold by developerReady
AED 770,444AED 901 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
1-bed apartment
Size
855 sqft
Floor
3rd of 8
Parking
35
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,700 /yr
Last sold
AED 770K · February 2013

About 307, Axis Residences 5

307 is a one-bedroom apartment of 855 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 770,444, or AED 901 per sqft, 72% above the AED 524 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 22 May 2023, is AED 39,500 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 11,700 a year.

Sales and rents for 307 over time

Sales
Unit 307, each saleTypical one-bed in Axis Residences 5
500K2011201520192023Typical 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, February 2013: AED 770,444 (AED 901 per sqft)

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

Rents
Unit 307, each contractTypical one-bed in Axis Residences 5
40K2012201620202024Typical 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, August 2014: AED 30,000 a yearNew contract, May 2019: AED 38,000 a yearRenewal, May 2020: AED 34,000 a yearRenewal, May 2021: AED 30,000 a yearRenewal, May 2022: AED 32,000 a yearNew contract, May 2023: AED 39,500 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 307 sits

All 109 1-beds →

307 last sold in February 2013 at AED 901 per sqft, 72% 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. 307's AED 39,500 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 3rd floor

All 112 units in Axis Residences 5
Value
3011-bedAED 683K · Feb 2013
3021-bedAED 603K · Feb 2013
3031-bedAED 785K · Feb 2013
3041-bedAED 788K · Feb 2013
3051-bedAED 683K · Feb 2013
3061-bedAED 692K · Feb 2013
3081-bedAED 671K · Feb 2013
1–7 of 13

307, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 10 February 2013 for AED 770,444, or AED 901 per sqft.
  • Rented since August 2014 on 6 Ejari contracts, from AED 30,000 to AED 39,500 a year.
  • At AED 39,500 a year the gross yield on the 2013 price is 5.1%, before a service charge of about AED 11,700 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 22 May 2023.

Questions about 307, Axis Residences 5

What did unit 307 last sell for?

AED 770,444 on 10 February 2013, sold by the developer: AED 901 per sqft for 855 sqft. It is the only registered sale of the unit.

What is the rent for unit 307?

AED 39,500 a year on the contract signed on 22 May 2023. The previous contract, from May 2022, was AED 32,000; the unit has been rented since August 2014.

How big is unit 307?

855 sqft (79.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 307 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 307, Axis Residences 5

Starts from the last sale price (AED 770K, 10 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 770,444
Deposit, UAE resident (20%)
AED 154,089
Deposit, non-resident (40%)
AED 308,178
Monthly over 25 years at 3.7%
AED 3,152

Plus AED 37,369 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →