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1-bed · 848 sqftAxis Residences 1, Dubai Silicon Oasis · 6th floor · completed 2009

602, Axis Residences 1

Sold prices and rental history: sold 10 times, last in December 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 25 January 2026
Last soldAED 345K28 December 2022
Current rentAED 58K /yr25 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 602, Axis Residences 1

What is 602 worth today?

Last sold for AED 345,000 in 2022

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25 Jan 2026RentedRenewal
AED 58,000/yr12 months · AED 68 per sqft
25 Jan 2025RentedRenewal
AED 45,000/yr12 months · AED 53 per sqft
25 Jan 2024RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
5 Jan 2023RentedRenewal
AED 34,500/yr12 months · AED 41 per sqft
28 Dec 2022SoldReady
AED 345,000AED 406 per sqft
27 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
1 Dec 2022RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
3 Jun 2022SoldReady
AED 330,000AED 389 per sqft

Source: Dubai Land Department. Updated 25 January 2026.

Key facts

Type
1-bed apartment
Size
848 sqft
Floor
6th of 8
Parking
G-2
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,100 /yr
Last sold
AED 345K · December 2022
Building
Axis Residences 1

About 602, Axis Residences 1

602 is a one-bedroom apartment of 848 sqft on the 6th 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 28 December 2022 for AED 345,000, or AED 406 per sqft, 8% below the AED 442 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 24 Ejari contracts. The current contract, renewed on 25 January 2026, is AED 58,000 a year: a gross yield of 16.8% on the 2022 price, before the service charge of about AED 10,100 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 by developer, March 2013: AED 975,504 (AED 1,142 per sqft)Sold, September 2013: AED 442,390 (AED 518 per sqft)Sold, April 2015: AED 521,440 (AED 614 per sqft)Sold, October 2015: AED 700,000 (AED 825 per sqft)Sold, June 2016: AED 550,000 (AED 648 per sqft)Sold, April 2017: AED 297,500 (AED 348 per sqft)Sold, May 2018: AED 480,000 (AED 562 per sqft)Sold, June 2022: AED 330,000 (AED 389 per sqft)Sold, December 2022: AED 345,000 (AED 406 per sqft)

602 has sold 9 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 602, each contractTypical one-bed in Axis Residences 1
20K40K60K2012201620202024Typical 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, January 2013: AED 42,000 a yearNew contract, January 2014: AED 46,200 a yearNew contract, April 2014: AED 60,000 a yearNew contract, April 2014: AED 55,000 a yearNew contract, March 2015: AED 51,975 a yearNew contract, January 2016: AED 53,360 a yearNew contract, January 2017: AED 58,068 a yearNew contract, February 2017: AED 62,000 a yearNew contract, June 2017: AED 53,000 a yearRenewal, September 2017: AED 54,000 a yearRenewal, February 2018: AED 55,000 a yearRenewal, June 2018: AED 22,414 a yearNew contract, October 2018: AED 44,000 a yearNew contract, November 2019: AED 35,000 a yearRenewal, March 2020: AED 38,000 a yearRenewal, November 2020: AED 32,000 a yearRenewal, November 2021: AED 30,000 a yearNew contract, January 2022: AED 30,000 a yearNew contract, December 2022: AED 38,000 a yearNew contract, December 2022: AED 38,000 a yearRenewal, January 2023: AED 34,500 a yearNew contract, January 2024: AED 45,000 a yearRenewal, January 2025: AED 45,000 a yearRenewal, January 2026: AED 58,000 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 602 sits

All 79 1-beds →

602 last sold in December 2022 at AED 406 per sqft, 8% below what one-beds in Axis Residences 1 were fetching at the time (AED 442). 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. 602's AED 58,000 is in the upper 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 6th floor

All 80 units in Axis Residences 1
Value
6011-bedAED 491K · Sep 2024
6031-bedAED 380K · Nov 2022
6041-bedAED 480K · Dec 2024
6051-bedAED 1.02M · Jun 2025
6061-bedAED 420K · Sep 2023
6071-bedAED 455K · Dec 2023
6081-bedAED 400K · Jan 2020
1–7 of 9

602, Axis Residences 1 in numbers

  • Sold 10 times: first on 18 March 2013 for AED 975,504, last on 28 December 2022 for AED 345,000 (AED 406 per sqft).
  • Rented since January 2013 on 24 Ejari contracts. The rent fell from AED 42,000 to AED 22,414 in 2018 and recovered to AED 58,000 by January 2026.
  • At AED 58,000 a year the gross yield on the 2022 price is 16.8%, before a service charge of about AED 10,100 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 25 January 2026.

Questions about 602, Axis Residences 1

What did unit 602 last sell for?

AED 345,000 on 28 December 2022: AED 406 per sqft for 848 sqft. The unit has 10 registered sales; the first was AED 975,504 in March 2013.

What is the rent for unit 602?

AED 58,000 a year on the contract renewed on 25 January 2026. The previous contract, from January 2025, was AED 45,000; the unit has been rented since January 2013.

How big is unit 602?

848 sqft (78.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 602 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 602, Axis Residences 1

Starts from the last sale price (AED 345K, 28 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 345,000
Deposit, UAE resident (20%)
AED 69,000
Deposit, non-resident (40%)
AED 138,000
Monthly over 25 years at 3.7%
AED 1,412

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