1-bed · 808 sqftAxis Residences 5, Dubai Silicon Oasis · 6th floor · completed 2010

608, Axis Residences 5

Sold prices and rental history: sold twice, last in December 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 608 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 530K24 December 2024
Current rentAED 55K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 608, Axis Residences 5

What is 608 worth today?

Last sold for AED 530,000 in 2024

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15 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
15 Jan 2025RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
24 Dec 2024SoldReady
AED 530,000AED 656 per sqft
29 Oct 2015Sold by developerReady
AED 370,000AED 458 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
6th of 8
Parking
89
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,000 /yr
Last sold
AED 530K · December 2024

About 608, Axis Residences 5

608 is a one-bedroom apartment of 808 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. It last sold on 24 December 2024 for AED 530,000, or AED 656 per sqft, 12% above the AED 585 one-beds in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 15 January 2025, is AED 55,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 11,000 a year.

Sales and rents for 608 over time

Sales
Unit 608, each saleTypical one-bed in Axis Residences 5
200K400K600K20112015201920232027Typical sale price by year: 2011 AED 439,000; 2012 AED 388,500; 2013 AED 666,181; 2014 AED 473,040; 2015 AED 558,697; 2016 AED 237,500; 2017 AED 550,000; 2018 AED 455,000; 2020 AED 345,000; 2021 AED 322,500; 2022 AED 408,022; 2023 AED 385,000; 2024 AED 480,000; 2025 AED 541,000; 2026 AED 615,000Sold by developer, October 2015: AED 370,000 (AED 458 per sqft)Sold, December 2024: AED 530,000 (AED 656 per sqft)

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

Rents
Unit 608, each contractTypical one-bed in Axis Residences 5
40K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 37,500; 2014 AED 44,000; 2015 AED 51,838; 2016 AED 54,706; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 37,000; 2024 AED 44,000; 2025 AED 46,000; 2026 AED 47,366New contract, January 2025: AED 55,000 a yearNew contract, January 2025: AED 55,000 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 5, and where 608 sits

All 112 1-beds →

608 last sold in December 2024 at AED 656 per sqft, 12% above what one-beds in Axis Residences 5 were fetching at the time (AED 585). 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. 608's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 2026620,000
8 Apr 2026250,000
23 Mar 2026625,000
17 Mar 2026610,000
7 1-bed sales in the last 12 months

Axis Residences 5

Building

112 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%
Axis Residences 5, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 112 units in Axis Residences 5
Value
6011-bedAED 625K · Mar 2026
6021-bedAED 327K · Jun 2015
6031-bedAED 449K · May 2022
6041-bedAED 450K · May 2022
6051-bedAED 408K · May 2022
6061-bedAED 610K · Mar 2026
6071-bedAED 447K · May 2022
1–7 of 13

608, Axis Residences 5 in numbers

  • Sold twice: first on 29 October 2015 for AED 370,000, last on 24 December 2024 for AED 530,000 (AED 656 per sqft).
  • Rented since January 2025 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 11,000 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 15 January 2025.

Questions about 608, Axis Residences 5

What did unit 608 last sell for?

AED 530,000 on 24 December 2024: AED 656 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 370,000 in October 2015.

What is the rent for unit 608?

AED 55,000 a year on the contract signed on 15 January 2025. The previous contract, from January 2025, was AED 55,000.

How big is unit 608?

808 sqft (75.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

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 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 608, Axis Residences 5

Starts from the last sale price (AED 530K, 24 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

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