602, Axis Residences 5
Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Axis Residences 5
What is 602 worth today?
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Source: Dubai Land Department. Updated 5 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 652 sqft
- Floor
- 6th of 8
- Parking
- 83
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,900 /yr
- Last sold
- AED 327K · June 2015
- Building
- Axis Residences 5
About 602, Axis Residences 5
602 is a one-bedroom apartment of 652 sqft on the 6th floor of Axis Residences 5, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. The developer sold it on 30 June 2015 for AED 327,000, or AED 501 per sqft, 33% below the AED 746 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 March 2026, is AED 51,000 a year: a gross yield of 15.6% on the 2015 price, before the service charge of about AED 8,900 a year.
Sales and rents for 602 over time
602 has sold once; the dashed line is the one-bed median of each year in the building.
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 5, and where 602 sits
All 112 1-beds →602 last sold in June 2015 at AED 501 per sqft, 33% below what one-beds in Axis Residences 5 were fetching at the time (AED 746). Over the last 12 months one-beds sold for AED 250,000 to 625,000, around AED 765 per sqft, and rent for AED 35,000 to 70,800 a year. 602's AED 51,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20262 July 2026 | 844 sqft | 620,000 | 734 | ||
| 8 Apr 20268 April 2026 | 364 sqft | 250,000 | 686 | ||
| 23 Mar 202623 March 2026 | 762 sqft | 625,000 | 820 | ||
| 17 Mar 202617 March 2026 | 797 sqft | 610,000 | 765 |
Axis Residences 5
Building112 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 7 sold in the last 12 months.
- Typical price per sqft
- AED 765
- Typical sale
- AED 615K
- Typical rent
- AED 48K /yr
- Typical yield
- 8.0%
Other units on the 6th floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 762 sqft | AED 625KAED 625,000 · Mar 2026March 2026 | 50,000 /yr | |
| 603 | 1-bed | 854 sqft | AED 449KAED 449,058 · May 2022May 2022 | 47,000 /yr | |
| 604 | 1-bed | 855 sqft | AED 450KAED 449,664 · May 2022May 2022 | 53,000 /yr | |
| 605 | 1-bed | 758 sqft | AED 408KAED 408,022 · May 2022May 2022 | 50,000 /yr | |
| 606 | 1-bed | 797 sqft | AED 610KAED 610,000 · Mar 2026March 2026 | 56,847 /yr | |
| 607 | 1-bed | 855 sqft | AED 447KAED 446,870 · May 2022May 2022 | 42,350 /yr | |
| 608 | 1-bed | 808 sqft | AED 530KAED 530,000 · Dec 2024December 2024 | 55,000 /yr | |
| 609 | 1-bed | 729 sqft | AED 360KAED 360,000 · Jan 2019January 2019 | 58,000 /yr | |
| 610 | 1-bed | 867 sqft | AED 380KAED 380,000 · Nov 2022November 2022 | 44,000 /yr | |
| 611 | 1-bed | 889 sqft | AED 488KAED 487,528 · Sep 2021September 2021 | 33,000 /yr | |
| 612 | 1-bed | 610 sqft | AED 490KAED 490,000 · Jun 2025June 2025 | 50,000 /yr | |
| 613 | 1-bed | 784 sqft | AED 361KAED 361,000 · Mar 2013March 2013 | 41,745 /yr | |
| 614 | 1-bed | 844 sqft | AED 350KAED 350,000 · Jun 2021June 2021 | 36,000 /yr |
602, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 30 June 2015 for AED 327,000, or AED 501 per sqft.
- Rented since May 2013 on 9 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2021 and recovered to AED 51,000 by March 2026.
- At AED 51,000 a year the gross yield on the 2015 price is 15.6%, before a service charge of about AED 8,900 a year (AED 13.65 per sqft).
- One-beds in Axis Residences 5 sold for AED 250,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 765 per sqft.
Source: Dubai Land Department. Updated 5 March 2026.
Questions about 602, Axis Residences 5
What did unit 602 last sell for?
AED 327,000 on 30 June 2015, sold by the developer: AED 501 per sqft for 652 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 51,000 a year on the contract signed on 5 March 2026. The previous contract, from May 2022, was AED 28,000; the unit has been rented since May 2013.
How big is unit 602?
652 sqft (60.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.
What is unit 602 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 5 sold for AED 250,000 to 625,000 in the last 12 months, around AED 765 per sqft.
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Mortgage on 602, Axis Residences 5
Starts from the last sale price (AED 327K, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 327,000
- Deposit, UAE resident (20%)
- AED 65,400
- Deposit, non-resident (40%)
- AED 130,800
- Monthly over 25 years at 3.7%
- AED 1,338
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →