1-bed · 852 sqftAxis Residences 1, Dubai Silicon Oasis · 6th floor · completed 2009

604, Axis Residences 1

Sold prices and rental history: sold 11 times, last in December 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 480K10 December 2024
Current rentAED 53K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Axis Residences 1

What is 604 worth today?

Last sold for AED 480,000 in 2024

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1 Aug 2026RentedRenewal
AED 52,800/yr12 months · AED 56 per sqft
12 Aug 2025RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
1 Aug 2025RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
10 Dec 2024SoldReady
AED 480,000AED 563 per sqft
10 Dec 2024SoldReady
AED 480,000AED 563 per sqft
12 Aug 2024RentedRenewal
AED 42,350/yr12 months · AED 50 per sqft
1 Aug 2024RentedNew contract
AED 48,000/yr12 months · AED 51 per sqft
1 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
852 sqft
Floor
6th of 8
Parking
G-113
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 480K · December 2024

About 604, Axis Residences 1

604 is a one-bedroom apartment of 852 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 10 December 2024 for AED 480,000, or AED 563 per sqft, 5% above the AED 538 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 33 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 52,800 a year: a gross yield of 11.0% on the 2024 price, before the service charge of about AED 10,200 a year.

Sales and rents for 604 over time

Sales
Unit 604, 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, February 2013: AED 851,514 (AED 908 per sqft)Sold, June 2013: AED 262,500 (AED 279 per sqft)Sold, June 2016: AED 300,000 (AED 319 per sqft)Sold, March 2017: AED 681,224 (AED 799 per sqft)Sold, May 2018: AED 553,495 (AED 649 per sqft)Sold, November 2019: AED 385,000 (AED 410 per sqft)Sold, March 2023: AED 907,256 (AED 1,065 per sqft)Sold, May 2023: AED 360,000 (AED 422 per sqft)Sold, December 2023: AED 450,000 (AED 479 per sqft)Sold, December 2024: AED 480,000 (AED 563 per sqft)Sold, December 2024: AED 480,000 (AED 563 per sqft)

604 has sold 11 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 604, 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, August 2012: AED 36,000 a yearNew contract, February 2013: AED 40,000 a yearNew contract, July 2013: AED 37,000 a yearRenewal, August 2013: AED 40,000 a yearRenewal, August 2014: AED 55,001 a yearNew contract, April 2015: AED 60,000 a yearNew contract, December 2015: AED 64,000 a yearNew contract, December 2015: AED 62,000 a yearRenewal, December 2016: AED 64,000 a yearRenewal, December 2016: AED 62,000 a yearNew contract, January 2017: AED 55,000 a yearNew contract, June 2017: AED 30,000 a yearRenewal, December 2017: AED 64,000 a yearNew contract, January 2018: AED 55,000 a yearNew contract, January 2018: AED 50,000 a yearNew contract, August 2018: AED 46,000 a yearNew contract, February 2019: AED 40,000 a yearNew contract, February 2019: AED 45,000 a yearRenewal, August 2019: AED 42,500 a yearRenewal, June 2020: AED 30,000 a yearRenewal, August 2020: AED 38,500 a yearRenewal, August 2021: AED 34,500 a yearNew contract, March 2022: AED 32,000 a yearRenewal, August 2022: AED 35,000 a yearRenewal, March 2023: AED 35,500 a yearRenewal, August 2023: AED 38,500 a yearNew contract, December 2023: AED 40,000 a yearRenewal, August 2024: AED 42,350 a yearNew contract, August 2024: AED 48,000 a yearNew contract, August 2024: AED 40,000 a yearNew contract, August 2025: AED 45,000 a yearRenewal, August 2025: AED 50,000 a yearRenewal, August 2026: AED 52,800 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 604 sits

All 79 1-beds →

604 last sold in December 2024 at AED 563 per sqft, 5% above what one-beds in Axis Residences 1 were fetching at the time (AED 538). 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. 604's AED 52,800 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 6th floor

All 80 units in Axis Residences 1
Value
6011-bedAED 491K · Sep 2024
6021-bedAED 345K · Dec 2022
6031-bedAED 380K · Nov 2022
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

604, Axis Residences 1 in numbers

  • Sold 11 times: first on 10 February 2013 for AED 851,514, last on 10 December 2024 for AED 480,000 (AED 563 per sqft).
  • Rented since August 2012 on 33 Ejari contracts. The rent fell from AED 36,000 to AED 30,000 in 2020 and recovered to AED 52,800 by August 2026.
  • At AED 52,800 a year the gross yield on the 2024 price is 11.0%, before a service charge of about AED 10,200 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 1 August 2026.

Questions about 604, Axis Residences 1

What did unit 604 last sell for?

AED 480,000 on 10 December 2024: AED 563 per sqft for 852 sqft. The unit has 11 registered sales; the first was AED 851,514 in February 2013.

What is the rent for unit 604?

AED 52,800 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 45,000; the unit has been rented since August 2012.

How big is unit 604?

852 sqft (79.2 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 604 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 604, Axis Residences 1

Starts from the last sale price (AED 480K, 10 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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