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1-bed · 898 sqftAxis Residences 1, Dubai Silicon Oasis · 2nd floor · completed 2009

206, Axis Residences 1

Sold prices and rental history: sold 8 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 455K22 May 2024
Current rentAED 50K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 206, Axis Residences 1

What is 206 worth today?

Last sold for AED 455,000 in 2024

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20 Jun 2026RentedRenewal
AED 50,000/yr12 months · AED 58 per sqft
20 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 58 per sqft
25 May 2025RentedRenewal
AED 50,000/yr12 months · AED 56 per sqft
25 Jan 2025RentedRenewal
AED 45,000/yr12 months · AED 52 per sqft
25 May 2024RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
22 May 2024SoldReady
AED 455,000AED 506 per sqft
22 May 2024SoldReady
AED 455,000AED 506 per sqft
22 Mar 2024SoldReady
AED 485,000AED 540 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
2nd of 8
Parking
G-153
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,700 /yr
Last sold
AED 455K · May 2024
Building
Axis Residences 1

About 206, Axis Residences 1

206 is a one-bedroom apartment of 898 sqft on the 2nd floor of Axis Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 22 May 2024 for AED 455,000, or AED 506 per sqft, 6% above the AED 478 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 31 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 50,000 a year: a gross yield of 11.0% on the 2024 price, before the service charge of about AED 10,700 a year.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical one-bed in Axis Residences 1
500K1M20112015201920232027Typical sale price by year: 2011 AED 756,030; 2012 AED 922,153; 2013 AED 631,039; 2014 AED 829,819; 2015 AED 700,000; 2016 AED 620,000; 2017 AED 582,500; 2018 AED 500,000; 2019 AED 507,940; 2020 AED 337,500; 2021 AED 409,417; 2022 AED 380,000; 2023 AED 400,000; 2024 AED 480,000; 2025 AED 550,000; 2026 AED 555,000Sold, July 2015: AED 511,468 (AED 595 per sqft)Sold, July 2015: AED 533,120 (AED 620 per sqft)Sold by developer, July 2015: AED 1,071,207 (AED 1,192 per sqft)Sold, August 2015: AED 700,000 (AED 779 per sqft)Sold, March 2024: AED 485,000 (AED 540 per sqft)Sold, March 2024: AED 485,000 (AED 540 per sqft)Sold, May 2024: AED 455,000 (AED 506 per sqft)Sold, May 2024: AED 455,000 (AED 506 per sqft)

206 has sold 8 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 206, each contractTypical one-bed in Axis Residences 1
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 40,000; 2014 AED 47,497; 2015 AED 55,000; 2016 AED 60,000; 2017 AED 54,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 33,250; 2023 AED 39,000; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 52,500New contract, May 2013: AED 42,000 a yearNew contract, June 2013: AED 45,500 a yearNew contract, September 2014: AED 60,000 a yearNew contract, May 2015: AED 46,200 a yearNew contract, June 2015: AED 50,163 a yearRenewal, September 2015: AED 60,500 a yearNew contract, November 2015: AED 54,696 a yearNew contract, September 2016: AED 60,000 a yearRenewal, November 2016: AED 57,000 a yearNew contract, June 2017: AED 52,670 a yearRenewal, September 2017: AED 54,000 a yearRenewal, November 2017: AED 55,000 a yearRenewal, June 2018: AED 52,670 a yearRenewal, September 2018: AED 48,000 a yearNew contract, November 2018: AED 46,000 a yearNew contract, September 2019: AED 38,000 a yearNew contract, October 2019: AED 35,000 a yearNew contract, November 2019: AED 41,000 a yearNew contract, January 2020: AED 43,000 a yearRenewal, September 2020: AED 34,000 a yearNew contract, September 2021: AED 30,000 a yearRenewal, September 2021: AED 34,000 a yearNew contract, November 2021: AED 33,000 a yearNew contract, April 2022: AED 33,500 a yearNew contract, April 2023: AED 40,000 a yearNew contract, January 2024: AED 42,000 a yearNew contract, May 2024: AED 50,000 a yearRenewal, January 2025: AED 45,000 a yearRenewal, May 2025: AED 50,000 a yearNew contract, June 2025: AED 50,000 a yearRenewal, June 2026: AED 50,000 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 1, and where 206 sits

All 79 1-beds →

206 last sold in May 2024 at AED 506 per sqft, 6% above what one-beds in Axis Residences 1 were fetching at the time (AED 478). Over the last 12 months one-beds sold for AED 295,000 to 700,000, around AED 653 per sqft, and rent for AED 30,000 to 84,000 a year. 206's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026620,000
15 Oct 2026560,000
24 Sep 2026565,000
23 Sep 2026600,000
22 1-bed sales in the last 12 months

Axis Residences 1

Building

80 apartments, studios to 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 22 sold in the last 12 months.

Typical price per sqft
AED 653 Up 4.6%
Typical sale
AED 563K
Typical rent
AED 53K /yr
Typical yield
9.1%
Axis Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 80 units in Axis Residences 1
Value
2011-bedAED 390K · Mar 2023
2021-bedAED 325K · Dec 2020
2031-bedAED 535K · Aug 2026
2041-bedAED 440K · Dec 2023
2051-bedAED 440K · Jun 2024
2071-bedAED 385K · Sep 2019
2081-bedAED 508K · Apr 2026
1–7 of 9

206, Axis Residences 1 in numbers

  • Sold 8 times: first on 26 July 2015 for AED 1,071,207, last on 22 May 2024 for AED 455,000 (AED 506 per sqft).
  • Rented since May 2013 on 31 Ejari contracts. The rent fell from AED 42,000 to AED 30,000 in 2021 and recovered to AED 50,000 by June 2026.
  • At AED 50,000 a year the gross yield on the 2024 price is 11.0%, before a service charge of about AED 10,700 a year (AED 11.95 per sqft).
  • One-beds in Axis Residences 1 sold for AED 295,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 653 per sqft.

Source: Dubai Land Department. Updated 20 June 2026.

Questions about 206, Axis Residences 1

What did unit 206 last sell for?

AED 455,000 on 22 May 2024: AED 506 per sqft for 898 sqft. The unit has 8 registered sales; the first was AED 1,071,207 in July 2015.

What is the rent for unit 206?

AED 50,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 50,000; the unit has been rented since May 2013.

How big is unit 206?

898 sqft (83.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2009.

What is unit 206 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 1 sold for AED 295,000 to 700,000 in the last 12 months, around AED 653 per sqft.

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Mortgage on 206, Axis Residences 1

Starts from the last sale price (AED 455K, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →