PropertyIndex

Axis Residences 1

Completed · Q3 2009|316 units · 4 buildings

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Axis Residences 1 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Silicon Oasis, Nadd Hessa, comprising 316 registered units. 568 sales are registered with the Dubai Land Department, at a current PIX© price of AED 621 per sqft. At AED 621 per sqft, Axis Residences 1 prices 53% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.

PIX© price · 9.9% YoY
539KAED
Typical
621AED
PSF
Gross yield
9.9%
PIX© rent ÷ PIX© price
Sale records
568
DLD · all time
Rent contracts
2,549
Ejari · all time
Axis Residences 1

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
612 – 1,291 sqft
316539K6219.9%53K9.9%
Residential
Studio · Apartment
612 sqft
2
1 Bed · Apartment
847 – 1,291 sqft
314
Commercial
Office
Sales — Project-Wide568 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DatePositionSizePricePSFvs Prior SaleTierType
7 Aug 2026Floor 2854535,000627-9.3%StandardDevelopment Sale
24 Jul 2026Floor 8952695,000730+27.5%PremiumDevelopment Sale
7 Jul 2026Floor 3847550,000650-41.0%StandardDevelopment Sale
Rentals — Project-Wide2,549 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Floor Analysis
last 24 months
Median Rent / Yr · 382 rentals
Floor 1 · 48 rentals
Floors 2-8 · 334 rentals
Latest contracts
Start DatePositionSizeRent / YrRent PSFvs Prior RentTierType
25 Aug 202687744,00050Entry Levelrenewal
15 Aug 2026Floor 486050,00058+19.0%Entry Levelnew
15 Aug 2026Floor 895253,00056+60.6%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Silicon Oasis

The closest-priced registered projects in Silicon Oasis.

Common questions about Axis Residences 1

Answered from Dubai Land Department registered transactions.

How much does a property in Axis Residences 1 cost?

Property in Axis Residences 1 sells at a current PIX© price of AED 621 per sqft, or about AED 539,356 for a typical unit, based on 568 sales registered with the Dubai Land Department.

Is Axis Residences 1 completed?

Yes. Axis Residences 1 is recorded as completed in the Dubai Land Department project register (completed q3 2009).

Who is the developer of Axis Residences 1?

Axis Residences 1 is developed by GULF GENERAL INVESTMENTS CO. (P.S.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Axis Residences 1?

Axis Residences 1 yields 9.9% gross, calculated from current PIX© rent against current PIX© sale price, across 2,549 registered Ejari contracts.

How many units are in Axis Residences 1?

Axis Residences 1 holds 316 registered units, per the Dubai Land Department unit register.

Have prices in Axis Residences 1 gone up or down?

Price per sqft has fallen -9.9% over the last 12 months, to AED 621, across 568 registered sales.