Axis Residences 1

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by Ggico
316
Total Units
308
Sold
⃃ 529,100
Median Price
⃃ 600
Median Price /sqft
Construction progress: 100%
Start: Oct, 2009Completion: Jan, 2012

Axis Residences 1 Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio2610 sqft - 610 sqft⃃ 0.5M (800 /sqft)⃃ 1,360 /sqft
-41.22
1 Bed314850 sqft - 1,290 sqft⃃ 0.6M (630 /sqft)⃃ 1,020 /sqft
-38.35

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Axis Residences 1Nadd Hessa
Jan 2018—858
Feb 2018544757
Mar 2018576694
Apr 2018992847
May 2018562740
Jun 2018585712
Jul 2018—755
Aug 2018—777
Sep 2018—771
Oct 2018506777
Nov 2018—697
Dec 2018565751
Jan 2019—761
Feb 2019631831
Mar 2019586713
Apr 2019—727
May 2019647700
Jun 2019821721
Jul 2019457573
Aug 2019—775
Sep 2019452623
Oct 2019456633
Nov 2019426666
Dec 2019673613
Jan 2020426654
Feb 2020425671
Mar 2020411665
Apr 2020—671
May 2020—692
Jun 2020450688
Jul 2020369648
Aug 2020391673
Sep 2020405602
Oct 2020—522
Nov 2020386551
Dec 2020381535
Jan 2021458600
Feb 2021—631
Mar 2021—586
Apr 2021590560
May 2021503471
Jun 2021426563
Jul 2021—543
Aug 2021—671
Sep 2021585616
Oct 2021422637
Nov 2021—632
Dec 2021442599
Jan 2022471606
Feb 2022295637
Mar 2022437588
Apr 2022445622
May 2022444535
Jun 2022405614
Jul 2022454634
Aug 2022—610
Sep 2022442591
Oct 2022496640
Nov 2022424975
Dec 2022431703
Jan 2023421749
Feb 2023347688
Mar 20231.0K485
Apr 2023—656
May 2023428759
Jun 2023—671
Jul 2023445620
Aug 2023535638
Sep 2023456774
Oct 2023413706
Nov 2023485697
Dec 2023476754
Jan 2024515841
Feb 2024466831
Mar 2024525865
Apr 2024486864
May 2024513778
Jun 2024567865
Jul 2024567879
Aug 2024569894
Sep 2024576891
Oct 2024—982
Nov 20245771.0K
Dec 20245891.0K
Jan 2025—1.7K
Feb 20255521.4K
Mar 20256331.2K
Apr 20256011.8K
May 20256161.4K
Jun 20256851.7K
Jul 20256701.3K
Aug 20256521.6K
Sep 20257461.5K
Oct 20257051.3K
Nov 20255261.6K
Dec 20257291.3K
Jan 20266601.1K
Feb 20266911.2K
Mar 20267181.2K
Apr 20265311.2K
May 20265751.2K
Jun 20264841.2K
Jul 20266901.2K
Aug 20266261.2K
Sep 20266221.1K
Oct 20266021.1K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
1Apartment1847 sqft6.32 sqft
1Apartment11,271 sqft49.89 sqft
1Apartment1847 sqft6.32 sqft
1Apartment1877 sqft13.38 sqft
1Apartment1848 sqft6.32 sqft
1Apartment11,138 sqft33.35 sqft
1Apartment1852 sqft6.32 sqft
1Apartment1854 sqft6.5 sqft
1Apartment11,291 sqft47.57 sqft
1Apartment1898 sqft13.38 sqft
1Apartment1938 sqft14.77 sqft
1Apartment1852 sqft6.32 sqft
1Apartment1938 sqft14.77 sqft
1Apartment1860 sqft6.32 sqft
1Apartment1938 sqft14.77 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
No data found

Axis Residences 1 Real Estate Data – FAQ

  • What is the current property supply in Axis Residences 1?

    Axis Residences 1 has a total residential supply of approximately 49 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Axis Residences 1?

    Axis Residences 1 recorded 24 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Axis Residences 1?

    The median transaction price in Axis Residences 1 is ⃃ 640 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Axis Residences 1?

    The gross rental yield in Axis Residences 1 is approximately 8%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Axis Residences 1?

    Property prices in Axis Residences 1 have shown a capital appreciation of 1.11% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Axis Residences 1?

    There are currently 0 active off-plan projects in Axis Residences 1, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Axis Residences 1?

    The total off-plan pipeline in Axis Residences 1 includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Axis Residences 1 a good area for property investment?

    Axis Residences 1 is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 8%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Axis Residences 1, this is 8%, indicating relatively strong income performance compared to global markets.