1-bed · 898 sqftAxis Residences 1, Dubai Silicon Oasis · 6th floor · completed 2009

606, Axis Residences 1

Sold prices and rental history: sold 6 times, last in September 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 5 January 2025
Last soldAED 420K25 September 2023
Current rentAED 56K /yr5 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Axis Residences 1

What is 606 worth today?

Last sold for AED 420,000 in 2023

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5 Jan 2025RentedNew contract
AED 56,000/yr12 months · AED 65 per sqft
25 Sep 2023SoldReady
AED 420,000AED 467 per sqft
5 Jun 2022RentedNew contract
AED 34,000/yr12 months · AED 38 per sqft
6 Dec 2021RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
25 Jun 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
3 Jun 2019RentedNew contract
AED 40,000/yr12 months · AED 45 per sqft
23 May 2019RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft
9 May 2019SoldReady
AED 522,700AED 581 per sqft

Source: Dubai Land Department. Updated 5 January 2025.

Key facts

Type
1-bed apartment
Size
898 sqft
Floor
6th of 8
Parking
B-51
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,700 /yr
Last sold
AED 420K · September 2023

About 606, Axis Residences 1

606 is a one-bedroom apartment of 898 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 25 September 2023 for AED 420,000, or AED 467 per sqft, 6% above the AED 442 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, signed on 5 January 2025, is AED 56,000 a year: a gross yield of 13.3% on the 2023 price, before the service charge of about AED 10,700 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, November 2014: AED 749,953 (AED 872 per sqft)Sold, June 2015: AED 1,020,147 (AED 1,135 per sqft)Sold, June 2015: AED 1,030,047 (AED 1,198 per sqft)Sold, April 2016: AED 300,000 (AED 334 per sqft)Sold, May 2019: AED 522,700 (AED 581 per sqft)Sold, September 2023: AED 420,000 (AED 467 per sqft)

606 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 606, 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, April 2012: AED 35,000 a yearNew contract, April 2013: AED 37,000 a yearNew contract, August 2013: AED 42,000 a yearNew contract, May 2015: AED 62,000 a yearRenewal, May 2016: AED 62,000 a yearNew contract, May 2016: AED 63,000 a yearRenewal, May 2017: AED 58,000 a yearRenewal, May 2018: AED 55,000 a yearNew contract, June 2018: AED 27,000 a yearNew contract, May 2019: AED 48,000 a yearNew contract, June 2019: AED 40,000 a yearNew contract, June 2021: AED 30,000 a yearNew contract, December 2021: AED 35,000 a yearNew contract, June 2022: AED 34,000 a yearNew contract, January 2025: AED 56,000 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 606 sits

All 79 1-beds →

606 last sold in September 2023 at AED 467 per sqft, 6% above 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. 606's AED 56,000 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 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
6041-bedAED 480K · Dec 2024
6051-bedAED 1.02M · Jun 2025
6071-bedAED 455K · Dec 2023
6081-bedAED 400K · Jan 2020
1–7 of 9

606, Axis Residences 1 in numbers

  • Sold 6 times: first on 17 November 2014 for AED 749,953, last on 25 September 2023 for AED 420,000 (AED 467 per sqft).
  • Rented since April 2012 on 15 Ejari contracts. The rent fell from AED 35,000 to AED 27,000 in 2018 and recovered to AED 56,000 by January 2025.
  • At AED 56,000 a year the gross yield on the 2023 price is 13.3%, 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 5 January 2025.

Questions about 606, Axis Residences 1

What did unit 606 last sell for?

AED 420,000 on 25 September 2023: AED 467 per sqft for 898 sqft. The unit has 6 registered sales; the first was AED 749,953 in November 2014.

What is the rent for unit 606?

AED 56,000 a year on the contract signed on 5 January 2025. The previous contract, from June 2022, was AED 34,000; the unit has been rented since April 2012.

How big is unit 606?

898 sqft (83.4 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 606 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 606, Axis Residences 1

Starts from the last sale price (AED 420K, 25 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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