1-bed · 652 sqftAxis Residences 5, Dubai Silicon Oasis · 8th floor · completed 2010

802, Axis Residences 5

Sold prices and rental history: sold twice, last in January 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 802 · DLD and Ejari recordsUpdated 5 February 2021
Last soldAED 495K8 January 2015
Current rentAED 27K /yr5 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 802, Axis Residences 5

What is 802 worth today?

Last sold for AED 495,000 in 2015

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5 Feb 2021RentedNew contract
AED 27,000/yr12 months · AED 41 per sqft
25 Nov 2019RentedNew contract
AED 33,000/yr12 months · AED 50 per sqft
1 Jun 2018RentedNew contract
AED 44,000/yr12 months · AED 67 per sqft
6 Mar 2017RentedNew contract
AED 55,000/yr12 months · AED 84 per sqft
8 Jan 2015SoldReady
AED 495,000AED 759 per sqft
29 May 2011Sold by developerReady
AED 425,100AED 652 per sqft

Source: Dubai Land Department. Updated 5 February 2021.

Key facts

Type
1-bed apartment
Size
652 sqft
Floor
8th of 8
Parking
111
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 8,900 /yr
Last sold
AED 495K · January 2015

About 802, Axis Residences 5

802 is a one-bedroom apartment of 652 sqft on the 8th floor of Axis Residences 5, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. It last sold on 8 January 2015 for AED 495,000, or AED 759 per sqft, 41% above the AED 539 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 5 February 2021, is AED 27,000 a year: a gross yield of 5.5% on the 2015 price, before the service charge of about AED 8,900 a year.

Sales and rents for 802 over time

Sales
Unit 802, each saleTypical one-bed in Axis Residences 5
250K500K750K2011201520192023Typical 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, May 2011: AED 425,100 (AED 652 per sqft)Sold, January 2015: AED 495,000 (AED 759 per sqft)

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

Rents
Unit 802, each contractTypical one-bed in Axis Residences 5
40K60K2012201620202024Typical 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, March 2017: AED 55,000 a yearNew contract, June 2018: AED 44,000 a yearNew contract, November 2019: AED 33,000 a yearNew contract, February 2021: AED 27,000 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 802 sits

All 109 1-beds →

802 last sold in January 2015 at AED 759 per sqft, 41% above what one-beds in Axis Residences 5 were fetching at the time (AED 539). 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 61,000 a year. 802's AED 27,000 is at the bottom 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 49K /yr
Typical yield
7.4%
Axis Residences 5, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 8th floor

All 112 units in Axis Residences 5
Value
8011-bedAED 620K · Feb 2014
8031-bedAED 450K · May 2022
8041-bedAED 450K · May 2022
8051-bedAED 570K · May 2025
8061-bedAED 437K · May 2022
8071-bedAED 447K · May 2022
8081-bedAED 442K · May 2022
1–7 of 13

802, Axis Residences 5 in numbers

  • Sold twice: first on 29 May 2011 for AED 425,100, last on 8 January 2015 for AED 495,000 (AED 759 per sqft).
  • Rented since March 2017 on 4 Ejari contracts, from AED 55,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2015 price is 5.5%, 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 5 February 2021.

Questions about 802, Axis Residences 5

What did unit 802 last sell for?

AED 495,000 on 8 January 2015: AED 759 per sqft for 652 sqft. The unit has 2 registered sales; the first was AED 425,100 in May 2011.

What is the rent for unit 802?

AED 27,000 a year on the contract signed on 5 February 2021. The previous contract, from November 2019, was AED 33,000; the unit has been rented since March 2017.

How big is unit 802?

652 sqft (60.6 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2010.

What is unit 802 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 802, Axis Residences 5

Starts from the last sale price (AED 495K, 8 January 2015). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →