309, 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 309, Axis Residences 5
What is 309 worth today?
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Source: Dubai Land Department. Updated 26 February 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 729 sqft
- Floor
- 3rd of 8
- Parking
- 37
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 9,900 /yr
- Last sold
- AED 677K · February 2013
- Building
- Axis Residences 5
About 309, Axis Residences 5
309 is a one-bedroom apartment of 729 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 677,253, or AED 929 per sqft, 77% 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, signed on 26 February 2024, is AED 45,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 9,900 a year.
Sales and rents for 309 over time
309 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 309 sits
All 109 1-beds →309 last sold in February 2013 at AED 929 per sqft, 77% 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. 309'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 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 | |
| 306 | 1-bed | 797 sqft | AED 692KAED 692,016 · Feb 2013February 2013 | 40,000 /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 | |
| 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 |
309, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 10 February 2013 for AED 677,253, or AED 929 per sqft.
- Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 40,672 to AED 27,000 in 2021 and recovered to AED 45,000 by February 2024.
- At AED 45,000 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 9,900 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 26 February 2024.
Questions about 309, Axis Residences 5
What did unit 309 last sell for?
AED 677,253 on 10 February 2013, sold by the developer: AED 929 per sqft for 729 sqft. It is the only registered sale of the unit.
What is the rent for unit 309?
AED 45,000 a year on the contract signed on 26 February 2024. The previous contract, from March 2022, was AED 30,000; the unit has been rented since August 2013.
How big is unit 309?
729 sqft (67.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.
What is unit 309 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 309, Axis Residences 5
Starts from the last sale price (AED 677K, 10 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 677,253
- Deposit, UAE resident (20%)
- AED 135,451
- Deposit, non-resident (40%)
- AED 270,901
- Monthly over 25 years at 3.7%
- AED 2,771
Plus AED 33,455 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →