501, Axis Residences 5
Sold prices and rental history: sold once, by the developer in March 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Axis Residences 5
What is 501 worth today?
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Source: Dubai Land Department. Updated 10 August 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 5th of 8
- Parking
- 57
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,400 /yr
- Last sold
- AED 565K · March 2014
- Building
- Axis Residences 5
About 501, Axis Residences 5
501 is a one-bedroom apartment of 762 sqft on the 5th 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 18 March 2014 for AED 565,291, or AED 742 per sqft, 19% above the AED 624 one-beds in the building were fetching at the time.
It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 10 August 2023, is AED 40,000 a year: a gross yield of 7.1% on the 2014 price, before the service charge of about AED 10,400 a year.
Sales and rents for 501 over time
501 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 501 sits
All 109 1-beds →501 last sold in March 2014 at AED 742 per sqft, 19% above what one-beds in Axis Residences 5 were fetching at the time (AED 624). 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. 501'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 5th floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 652 sqft | AED 300KAED 300,000 · Jun 2022June 2022 | 38,500 /yr | |
| 503 | 1-bed | 854 sqft | AED 500KAED 500,000 · Apr 2024April 2024 | 50,000 /yr | |
| 504 | 1-bed | 855 sqft | AED 490KAED 490,000 · Apr 2024April 2024 | 50,000 /yr | |
| 505 | 1-bed | 758 sqft | AED 590KAED 590,000 · Dec 2015December 2015 | 50,000 /yr | |
| 506 | 1-bed | 398 sqft | AED 573KAED 573,236 · Feb 2020February 2020 | 45,000 /yr | |
| 507 | 1-bed | 855 sqft | AED 638KAED 638,015 · May 2015May 2015 | 60,000 /yr | |
| 508 | 1-bed | 808 sqft | AED 600KAED 600,000 · Sep 2015September 2015 | 62,500 /yr | |
| 509 | 729 sqft | AED 615KAED 615,000 · Feb 2026February 2026 | 28,000 /yr | ||
| 510 | 1-bed | 867 sqft | AED 650KAED 650,000 · May 2016May 2016 | 63,000 /yr | |
| 511 | 1-bed | 889 sqft | AED 345KAED 345,000 · Dec 2020December 2020 | 35,000 /yr | |
| 512 | 1-bed | 610 sqft | AED 250KAED 249,500 · Jun 2017June 2017 | 33,000 /yr | |
| 513 | 1-bed | 392 sqft | AED 552KAED 551,847 · Feb 2018February 2018 | 48,000 /yr | |
| 514 | 1-bed | 844 sqft | AED 633KAED 632,515 · Mar 2015March 2015 | 38,000 /yr |
501, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 18 March 2014 for AED 565,291, or AED 742 per sqft.
- Rented since February 2013 on 2 Ejari contracts, from AED 39,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2014 price is 7.1%, before a service charge of about AED 10,400 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 10 August 2023.
Questions about 501, Axis Residences 5
What did unit 501 last sell for?
AED 565,291 on 18 March 2014, sold by the developer: AED 742 per sqft for 762 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 40,000 a year on the contract signed on 10 August 2023. The previous contract, from February 2013, was AED 39,000.
How big is unit 501?
762 sqft (70.8 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.
What is unit 501 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 501, Axis Residences 5
Starts from the last sale price (AED 565K, 18 March 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 565,291
- Deposit, UAE resident (20%)
- AED 113,058
- Deposit, non-resident (40%)
- AED 226,116
- Monthly over 25 years at 3.7%
- AED 2,313
Plus AED 28,753 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →