Project · Transactions · 2018

Axis Residences 1 Property Transactions 2018

28 property sales worth ⃃ 12.58M were registered in Axis Residences 1 in 2018, 30.0% lower than 2017 by number of sales. The median sale price was ⃃ 488,500 and the median price per square foot ⃃ 565 (−15.4% on 2017).

Period: 1 Jan – 31 Dec 2018Compared with: 2017Sample: 28 salesUpdated: 18 Oct 2026
Property sales
28
−30.0% vs 2017
1 Jan – 31 Dec 2018
Total value
⃃ 12.58M
−50.1% vs 2017
1 Jan – 31 Dec 2018
Median sale price
⃃ 488,500
−17.6% vs 2017
28 sales
Median price per sq ft
⃃ 565
−15.4% vs 2017
28 sales

What types of property sold in Axis Residences 1 in 2018?

1 Jan – 31 Dec 2018

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments28100%⃃ 12.58M⃃ 488,500⃃ 565

How were 2018 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)621.4%⃃ 3.99M⃃ 553,495⃃ 650
Resale (secondary)2278.6%⃃ 8.59M⃃ 480,000⃃ 561
Ready28100%⃃ 12.58M⃃ 488,500⃃ 565

How many rental contracts were registered in Axis Residences 1 in 2018?

194 rental contracts (new and renewed) were registered in Axis Residences 1 in 2018, at a median annual rent of ⃃ 50,000 (−8.4% on 2017). Rental yields in Axis Residences 1

What were the most expensive property sales in Axis Residences 1 in 2018?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
09/05/2018Axis Residences One 21 bed · Apartment854 sq ft⃃ 983,072Primary · Ready
02/04/2018Axis Residences One 21 bed · Apartment847 sq ft⃃ 840,000Primary · Ready
15/03/2018Axis Residences One 31 bed · Apartment938 sq ft⃃ 600,000Resale · Ready
09/05/2018Axis Residences One 41 bed · Apartment852 sq ft⃃ 553,495Primary · Ready
09/05/2018Axis Residences One 21 bed · Apartment852 sq ft⃃ 553,495Primary · Ready
09/05/2018Axis Residences One 31 bed · Apartment852 sq ft⃃ 553,495Primary · Ready
28/05/2018Axis Residences One 31 bed · Apartment938 sq ft⃃ 540,000Resale · Ready
26/02/2018Axis Residences One 41 bed · Apartment938 sq ft⃃ 520,000Resale · Ready
18/12/2018Axis Residences One 31 bed · Apartment848 sq ft⃃ 508,722Primary · Ready
08/05/2018Axis Residences One 31 bed · Apartment854 sq ft⃃ 505,000Resale · Ready

What were the last registered sales of 2018?

DatePropertyTypeSizePriceMarket
19/12/2018Axis Residences One 41 bed · Apartment860 sq ft⃃ 500,000Resale · Ready
18/12/2018Axis Residences One 31 bed · Apartment848 sq ft⃃ 508,722Primary · Ready
11/12/2018Axis Residences One 41 bed · Apartment852 sq ft⃃ 480,000Resale · Ready
11/12/2018Axis Residences One 11 bed · Apartment931 sq ft⃃ 480,000Resale · Ready
11/12/2018Axis Residences One 41 bed · Apartment847 sq ft⃃ 480,000Resale · Ready
11/12/2018Axis Residences One 31 bed · Apartment854 sq ft⃃ 480,000Resale · Ready
18/10/2018Axis Residences One 41 bed · Apartment938 sq ft⃃ 475,000Resale · Ready
07/06/2018Axis Residences One 31 bed · Apartment854 sq ft⃃ 500,000Resale · Ready
30/05/2018Axis Residences One 41 bed · Apartment854 sq ft⃃ 475,000Resale · Ready
28/05/2018Axis Residences One 31 bed · Apartment938 sq ft⃃ 540,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2018 with the whole of 2017.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/axis-residences-1/2018
Axis Residences 1 Property Transactions 2018. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/axis-residences-1/2018

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Axis Residences 1 in 2018?
28 property sales worth ⃃ 12,583,309 were registered in Axis Residences 1 in 2018. That is 30.0% lower than 2017.
What was the median property price in Axis Residences 1 in 2018?
The median sale price was ⃃ 488,500 and the median price per square foot ⃃ 565 (1 Jan – 31 Dec 2018).
What share of 2018 sales in Axis Residences 1 were off-plan or from developers?
Developer (primary) sales were 21.4% of the 28 sales and resales 78.6%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/axis-residences-1/2018