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1-bed · 938 sqftAxis Residences 1, Dubai Silicon Oasis · 6th floor · completed 2009

608, Axis Residences 1

Sold prices and rental history: sold 7 times, last in January 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 4 September 2026
Last soldAED 400K27 January 2020
Current rentAED 65K /yr4 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 608, Axis Residences 1

What is 608 worth today?

Last sold for AED 400,000 in 2020

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4 Sep 2026RentedNew contract
AED 65,000/yr12 months · AED 69 per sqft
29 Oct 2025RentedRenewal
AED 44,000/yr24 months · AED 52 per sqft
15 Mar 2025RentedRenewal
AED 50,000/yr12 months · AED 53 per sqft
1 Feb 2025RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
27 Jan 2025RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
29 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
15 Mar 2024RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
1 Feb 2024RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 4 September 2026.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
6th of 8
Parking
G-284
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 400K · January 2020
Building
Axis Residences 1

About 608, Axis Residences 1

608 is a one-bedroom apartment of 938 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 27 January 2020 for AED 400,000, or AED 426 per sqft, 22% below the AED 548 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 46 Ejari contracts. The current contract, signed on 4 September 2026, is AED 65,000 a year: a gross yield of 16.3% on the 2020 price, before the service charge of about AED 11,200 a year.

Sales and rents for 608 over time

Sales
Unit 608, 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, May 2014: AED 581,541 (AED 620 per sqft)Sold, January 2015: AED 558,092 (AED 595 per sqft)Sold, August 2015: AED 1,078,240 (AED 1,263 per sqft)Sold, October 2016: AED 665,000 (AED 708 per sqft)Sold, May 2018: AED 505,000 (AED 591 per sqft)Sold, February 2019: AED 507,940 (AED 594 per sqft)Sold, January 2020: AED 400,000 (AED 426 per sqft)

608 has sold 7 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 608, 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, June 2012: AED 25,714 a yearNew contract, February 2013: AED 40,000 a yearNew contract, November 2013: AED 56,000 a yearNew contract, February 2014: AED 44,000 a yearNew contract, March 2014: AED 60,000 a yearNew contract, November 2014: AED 59,000 a yearNew contract, February 2015: AED 50,000 a yearNew contract, March 2015: AED 60,000 a yearRenewal, September 2015: AED 61,000 a yearNew contract, November 2015: AED 59,000 a yearRenewal, February 2016: AED 58,000 a yearNew contract, October 2016: AED 59,000 a yearRenewal, November 2016: AED 59,000 a yearNew contract, October 2017: AED 52,000 a yearRenewal, October 2017: AED 59,000 a yearNew contract, January 2018: AED 53,000 a yearNew contract, October 2018: AED 44,000 a yearNew contract, November 2018: AED 42,000 a yearNew contract, February 2019: AED 46,000 a yearRenewal, October 2019: AED 41,000 a yearRenewal, November 2019: AED 38,000 a yearNew contract, January 2020: AED 45,000 a yearRenewal, February 2020: AED 38,000 a yearNew contract, October 2020: AED 29,000 a yearRenewal, October 2020: AED 41,112 a yearRenewal, November 2020: AED 30,000 a yearNew contract, January 2021: AED 30,000 a yearNew contract, January 2021: AED 28,000 a yearNew contract, April 2021: AED 28,000 a yearRenewal, October 2021: AED 28,000 a yearNew contract, January 2022: AED 31,000 a yearNew contract, January 2022: AED 30,000 a yearRenewal, April 2022: AED 30,000 a yearRenewal, October 2022: AED 30,000 a yearNew contract, January 2023: AED 37,000 a yearNew contract, January 2023: AED 33,500 a yearNew contract, March 2023: AED 35,000 a yearRenewal, October 2023: AED 37,000 a yearNew contract, February 2024: AED 45,000 a yearRenewal, March 2024: AED 42,000 a yearRenewal, October 2024: AED 42,000 a yearNew contract, January 2025: AED 40,000 a yearRenewal, February 2025: AED 48,000 a yearRenewal, March 2025: AED 50,000 a yearRenewal, October 2025: AED 44,000 a yearNew contract, September 2026: AED 65,000 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 608 sits

All 79 1-beds →

608 last sold in January 2020 at AED 426 per sqft, 22% below what one-beds in Axis Residences 1 were fetching at the time (AED 548). 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. 608's AED 65,000 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
6021-bedAED 345K · Dec 2022
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
1–7 of 9

608, Axis Residences 1 in numbers

  • Sold 7 times: first on 29 May 2014 for AED 581,541, last on 27 January 2020 for AED 400,000 (AED 426 per sqft).
  • Rented since June 2012 on 46 Ejari contracts, from AED 25,714 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 16.3%, before a service charge of about AED 11,200 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 4 September 2026.

Questions about 608, Axis Residences 1

What did unit 608 last sell for?

AED 400,000 on 27 January 2020: AED 426 per sqft for 938 sqft. The unit has 7 registered sales; the first was AED 581,541 in May 2014.

What is the rent for unit 608?

AED 65,000 a year on the contract signed on 4 September 2026. The previous contract, from October 2025, was AED 44,000; the unit has been rented since June 2012.

How big is unit 608?

938 sqft (87.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 608 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 608, Axis Residences 1

Starts from the last sale price (AED 400K, 27 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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