1-bed · 870 sqftAxis Residences 4, Dubai Silicon Oasis · 6th floor · completed 2009

609, Axis Residences 4

Sold prices and rental history: sold 3 times, last in August 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 609 · DLD and Ejari recordsUpdated 2 August 2022
Last soldAED 425K2 August 2022
Current rentAED 30K /yr12 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 609, Axis Residences 4

What is 609 worth today?

Last sold for AED 425,000 in 2022

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2 Aug 2022SoldReady
AED 425,000AED 488 per sqft
12 Apr 2021RentedNew contract
AED 30,000/yr13 months · AED 34 per sqft
31 Aug 2020RentedNew contract
AED 33,000/yr12 months · AED 38 per sqft
21 Jan 2016SoldReady
AED 307,500AED 353 per sqft
11 Mar 2014Sold by developerReady
AED 1,526,700AED 1,754 per sqft
1 Feb 2014RentedNew contract
AED 55,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 2 August 2022.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
6th of 100
Parking
70
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 425K · August 2022

About 609, Axis Residences 4

609 is a one-bedroom apartment of 870 sqft on the 6th floor of Axis Residences 4, a 100-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 2 August 2022 for AED 425,000, or AED 488 per sqft, 8% below the AED 532 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 12 April 2021, is AED 30,000 a year: a gross yield of 7.1% on the 2022 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 4
1M20112015201920232027Typical sale price by year: 2011 AED 514,900; 2012 AED 509,250; 2013 AED 949,333; 2014 AED 1,395,400; 2015 AED 610,000; 2016 AED 585,000; 2017 AED 600,000; 2018 AED 515,000; 2019 AED 410,000; 2021 AED 500,000; 2022 AED 380,000; 2023 AED 358,000; 2024 AED 472,500; 2025 AED 550,000; 2026 AED 595,000Sold by developer, March 2014: AED 1,526,700 (AED 1,754 per sqft)Sold, January 2016: AED 307,500 (AED 353 per sqft)Sold, August 2022: AED 425,000 (AED 488 per sqft)

609 has sold 3 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 4
40K60K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 36,750; 2014 AED 50,000; 2015 AED 55,000; 2016 AED 55,184; 2017 AED 52,100; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 31,212; 2023 AED 37,000; 2024 AED 42,175; 2025 AED 45,000; 2026 AED 50,000New contract, February 2014: AED 55,000 a yearNew contract, August 2020: AED 33,000 a yearNew contract, April 2021: AED 30,000 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 4, and where 609 sits

All 128 1-beds →

609 last sold in August 2022 at AED 488 per sqft, 8% below what one-beds in Axis Residences 4 were fetching at the time (AED 532). Over the last 12 months one-beds sold for AED 400,000 to 742,000, around AED 730 per sqft, and rent for AED 34,530 to 75,000 a year. 609's AED 30,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026600,000
7 Aug 2026535,000
6 May 2026600,000
6 Mar 2026580,000
25 1-bed sales in the last 12 months

Axis Residences 4

Building

128 apartments, 1-bed over 100 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 25 sold in the last 12 months.

Typical price per sqft
AED 730 Up 14.1%
Typical sale
AED 595K
Typical rent
AED 50K /yr
Typical yield
8.3%
Axis Residences 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 128 units in Axis Residences 4
Value
6011-bedAED 600K · May 2016
6021-bedAED 510K · Nov 2024
6031-bedAED 615K · May 2015
6041-bedAED 677K · Jun 2015
6051-bedAED 677K · Jun 2015
6061-bedAED 580K · Aug 2015
6071-bedAED 375K · Oct 2019
1–7 of 15

609, Axis Residences 4 in numbers

  • Sold 3 times: first on 11 March 2014 for AED 1,526,700, last on 2 August 2022 for AED 425,000 (AED 488 per sqft).
  • Rented since February 2014 on 3 Ejari contracts, from AED 55,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2022 price is 7.1%, before a service charge of about AED 10,200 a year (AED 11.74 per sqft).
  • One-beds in Axis Residences 4 sold for AED 400,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 730 per sqft.

Source: Dubai Land Department. Updated 2 August 2022.

Questions about 609, Axis Residences 4

What did unit 609 last sell for?

AED 425,000 on 2 August 2022: AED 488 per sqft for 870 sqft. The unit has 3 registered sales; the first was AED 1,526,700 in March 2014.

What is the rent for unit 609?

AED 30,000 a year on the contract signed on 12 April 2021. The previous contract, from August 2020, was AED 33,000; the unit has been rented since February 2014.

How big is unit 609?

870 sqft (80.8 sqm): a one-bedroom apartment on the 6th floor of a 100-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 4 sold for AED 400,000 to 742,000 in the last 12 months, around AED 730 per sqft.

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Mortgage on 609, Axis Residences 4

Starts from the last sale price (AED 425K, 2 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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