402, Axis Residences 5
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Axis Residences 5
What is 402 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 March 2017.
Key facts
- Type
- 1-bed apartment
- Size
- 652 sqft
- Floor
- 4th of 8
- Parking
- 44
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,900 /yr
- Last sold
- AED 360K · February 2013
- Building
- Axis Residences 5
About 402, Axis Residences 5
402 is a one-bedroom apartment of 652 sqft on the 4th 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 360,000, or AED 552 per sqft, 5% above the AED 524 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 1 March 2017, is AED 51,935 a year: a gross yield of 14.4% on the 2013 price, before the service charge of about AED 8,900 a year.
Sales and rents for 402 over time
402 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 402 sits
All 109 1-beds →402 last sold in February 2013 at AED 552 per sqft, 5% 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. 402's AED 51,935 is in the upper 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 4th floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 762 sqft | AED 590KAED 590,000 · Jun 2015June 2015 | 55,000 /yr | |
| 403 | 1-bed | 854 sqft | AED 350KAED 350,000 · Mar 2022March 2022 | 43,000 /yr | |
| 404 | 1-bed | 855 sqft | AED 1.52MAED 1,522,900 · Oct 2012October 2012 | 37,000 /yr | |
| 405 | 1-bed | 758 sqft | AED 455KAED 455,000 · Sep 2018September 2018 | 47,000 /yr | |
| 406 | 1-bed | 797 sqft | AED 330KAED 330,000 · Sep 2022September 2022 | 37,000 /yr | |
| 407 | 1-bed | 855 sqft | AED 450KAED 449,989 · May 2022May 2022 | 43,000 /yr | |
| 408 | 1-bed | 808 sqft | AED 325KAED 325,000 · Sep 2022September 2022 | 28,000 /yr | |
| 409 | 1-bed | 729 sqft | AED 398KAED 398,162 · May 2022May 2022 | 43,000 /yr | |
| 410 | 867 sqft | AED 615KAED 615,000 · Nov 2025November 2025 | 50,000 /yr | ||
| 411 | 1-bed | 889 sqft | AED 473KAED 473,040 · May 2015May 2015 | 42,000 /yr | |
| 412 | 1-bed | 201 sqft | AED 333KAED 333,000 · Feb 2020February 2020 | 30,000 /yr | |
| 413 | 1-bed | 784 sqft | AED 243KAED 242,500 · Nov 2018November 2018 | 36,000 /yr | |
| 414 | 1-bed | 844 sqft | AED 400KAED 400,383 · Mar 2022March 2022 | 61,000 /yr |
402, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 10 February 2013 for AED 360,000, or AED 552 per sqft.
- Rented since March 2012 on 5 Ejari contracts, from AED 31,000 to AED 51,935 a year.
- At AED 51,935 a year the gross yield on the 2013 price is 14.4%, before a service charge of about AED 8,900 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 1 March 2017.
Questions about 402, Axis Residences 5
What did unit 402 last sell for?
AED 360,000 on 10 February 2013, sold by the developer: AED 552 per sqft for 652 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 51,935 a year on the contract renewed on 1 March 2017. The previous contract, from March 2016, was AED 49,462; the unit has been rented since March 2012.
How big is unit 402?
652 sqft (60.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 402 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.
Selling 402? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 402, Axis Residences 5
Starts from the last sale price (AED 360K, 10 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →