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Axis Residences 5 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Silicon Oasis, Nadd Hessa, comprising 112 registered units. 215 sales are registered with the Dubai Land Department, at a current PIX© price of AED 749 per sqft. At AED 749 per sqft, Axis Residences 5 prices 44% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.
Units
Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.
| Type | Units | PIX© Price | PIX© PSF | PSF YoY | Trend | PIX© Rent /yr | Yield |
|---|---|---|---|---|---|---|---|
1 Bed 610 – 889 sqft | 112 | 0 | 0 | 0.0% | 0 | 0.0% |
| Floors | Median Rent / Yr |
|---|---|
| All floors | 135 rentals |
| Floors 1-2 | 32 rentals |
| Floors 3-4 | 34 rentals |
| Floors 5-6 | 31 rentals |
| Floors 7-8 | 38 rentals |
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.
- Axis Residences 6AED 750/sqft
- The DunesAED 745/sqft
- Oasis StarAED 732/sqft
- Axis Residences 3AED 730/sqft
- Silicon HeightsAED 716/sqft
- University View BAED 784/sqft
Common questions about Axis Residences 5
Answered from Dubai Land Department registered transactions.
How much does a property in Axis Residences 5 cost?
Property in Axis Residences 5 sells at a current PIX© price of AED 749 per sqft, or about AED 619,194 for a typical unit, based on 215 sales registered with the Dubai Land Department.
Is Axis Residences 5 completed?
Yes. Axis Residences 5 is recorded as completed in the Dubai Land Department project register (completed q2 2010).
Who is the developer of Axis Residences 5?
Axis Residences 5 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 5?
Axis Residences 5 yields 9.1% gross, calculated from current PIX© rent against current PIX© sale price, across 923 registered Ejari contracts.
How many units are in Axis Residences 5?
Axis Residences 5 holds 112 registered units, per the Dubai Land Department unit register.
Have prices in Axis Residences 5 gone up or down?
Price per sqft has fallen -5.2% over the last 12 months, to AED 749, across 215 registered sales.