1-bed · 854 sqftAxis Residences 1, Dubai Silicon Oasis · 6th floor · completed 2009

609, Axis Residences 1

Sold prices and rental history: sold 8 times, last in August 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 325K10 August 2020
Current rentAED 50K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Axis Residences 1

What is 609 worth today?

Last sold for AED 325,000 in 2020

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1 Jun 2026RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
22 Jan 2026RentedNew contract
AED 57,000/yr12 months · AED 67 per sqft
12 Nov 2025RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft
10 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
10 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft
10 Oct 2025RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
1 Dec 2024RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
10 Oct 2024RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
854 sqft
Floor
6th of 8
Parking
G-5
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 325K · August 2020

About 609, Axis Residences 1

609 is a one-bedroom apartment of 854 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 August 2020 for AED 325,000, or AED 380 per sqft, 11% below the AED 427 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 36 Ejari contracts. The current contract, signed on 1 June 2026, is AED 50,000 a year: a gross yield of 15.4% on the 2020 price, before the service charge of about AED 10,200 a year.

Sales and rents for 609 over time

Sales
Unit 609, 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, September 2013: AED 442,390 (AED 518 per sqft)Sold, April 2014: AED 504,483 (AED 594 per sqft)Sold, January 2015: AED 516,676 (AED 605 per sqft)Sold, October 2016: AED 600,000 (AED 707 per sqft)Sold, December 2016: AED 1,313,200 (AED 1,548 per sqft)Sold, December 2018: AED 480,000 (AED 562 per sqft)Sold, August 2020: AED 325,000 (AED 380 per sqft)

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

Rents
Unit 609, 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, October 2012: AED 36,000 a yearNew contract, June 2013: AED 45,873 a yearNew contract, October 2013: AED 38,000 a yearNew contract, October 2013: AED 38,000 a yearNew contract, February 2014: AED 49,852 a yearNew contract, June 2015: AED 50,715 a yearNew contract, February 2016: AED 50,000 a yearNew contract, June 2016: AED 53,250 a yearNew contract, October 2016: AED 56,000 a yearNew contract, December 2016: AED 60,000 a yearNew contract, March 2017: AED 55,000 a yearRenewal, July 2017: AED 60,000 a yearNew contract, November 2017: AED 49,000 a yearNew contract, February 2018: AED 52,000 a yearNew contract, April 2018: AED 49,000 a yearNew contract, November 2018: AED 41,000 a yearNew contract, March 2019: AED 42,000 a yearNew contract, April 2019: AED 40,000 a yearNew contract, April 2019: AED 40,000 a yearNew contract, December 2019: AED 36,000 a yearNew contract, January 2020: AED 36,000 a yearRenewal, March 2020: AED 39,000 a yearNew contract, September 2020: AED 30,000 a yearNew contract, May 2021: AED 27,000 a yearNew contract, August 2021: AED 50,000 a yearRenewal, September 2021: AED 28,000 a yearNew contract, January 2022: AED 32,000 a yearNew contract, March 2024: AED 48,000 a yearNew contract, October 2024: AED 50,000 a yearNew contract, December 2024: AED 52,000 a yearRenewal, October 2025: AED 50,000 a yearRenewal, October 2025: AED 50,000 a yearRenewal, October 2025: AED 42,000 a yearNew contract, November 2025: AED 65,000 a yearNew contract, January 2026: AED 57,000 a yearNew contract, 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 609 sits

All 79 1-beds →

609 last sold in August 2020 at AED 380 per sqft, 11% below what one-beds in Axis Residences 1 were fetching at the time (AED 427). 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. 609'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 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

609, Axis Residences 1 in numbers

  • Sold 8 times: first on 26 September 2013 for AED 442,390, last on 10 August 2020 for AED 325,000 (AED 380 per sqft).
  • Rented since October 2012 on 36 Ejari contracts. The rent fell from AED 36,000 to AED 27,000 in 2021 and recovered to AED 50,000 by June 2026.
  • At AED 50,000 a year the gross yield on the 2020 price is 15.4%, 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 June 2026.

Questions about 609, Axis Residences 1

What did unit 609 last sell for?

AED 325,000 on 10 August 2020: AED 380 per sqft for 854 sqft. The unit has 8 registered sales; the first was AED 442,390 in September 2013.

What is the rent for unit 609?

AED 50,000 a year on the contract signed on 1 June 2026. The previous contract, from January 2026, was AED 57,000; the unit has been rented since October 2012.

How big is unit 609?

854 sqft (79.3 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2009.

What is unit 609 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 609, Axis Residences 1

Starts from the last sale price (AED 325K, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 325,000
Deposit, UAE resident (20%)
AED 65,000
Deposit, non-resident (40%)
AED 130,000
Monthly over 25 years at 3.7%
AED 1,330

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