1-bed · 889 sqftAxis Residences 5, Dubai Silicon Oasis · 6th floor · completed 2010

611, Axis Residences 5

Sold prices and rental history: sold twice, last in September 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 9 September 2021
Last soldAED 488K9 September 2021
Current rentAED 33K /yr1 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Axis Residences 5

What is 611 worth today?

Last sold for AED 487,528 in 2021

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9 Sep 2021SoldReady
AED 487,528AED 548 per sqft
1 Jul 2021RentedNew contract
AED 33,000/yr12 months · AED 37 per sqft
1 Aug 2019RentedNew contract
AED 38,000/yr12 months · AED 43 per sqft
19 Apr 2018RentedNew contract
AED 48,000/yr12 months · AED 54 per sqft
23 Nov 2017RentedNew contract
AED 54,285/yr12 months · AED 61 per sqft
23 Nov 2016RentedRenewal
AED 54,285/yr12 months · AED 61 per sqft
23 Nov 2015RentedRenewal
AED 51,700/yr12 months · AED 58 per sqft
23 Nov 2014RentedNew contract
AED 47,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 9 September 2021.

Key facts

Type
1-bed apartment
Size
889 sqft
Floor
6th of 8
Parking
92
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 12,100 /yr
Last sold
AED 488K · September 2021

About 611, Axis Residences 5

611 is a one-bedroom apartment of 889 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 9 September 2021 for AED 487,528, or AED 548 per sqft, 21% above the AED 452 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, signed on 1 July 2021, is AED 33,000 a year: a gross yield of 6.8% on the 2021 price, before the service charge of about AED 12,100 a year.

Sales and rents for 611 over time

Sales
Unit 611, 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 2012: AED 438,000 (AED 492 per sqft)Sold, September 2021: AED 487,528 (AED 548 per sqft)

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

Rents
Unit 611, 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, November 2012: AED 35,000 a yearNew contract, November 2014: AED 47,000 a yearRenewal, November 2015: AED 51,700 a yearRenewal, November 2016: AED 54,285 a yearNew contract, November 2017: AED 54,285 a yearNew contract, April 2018: AED 48,000 a yearNew contract, August 2019: AED 38,000 a yearNew contract, July 2021: AED 33,000 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 611 sits

All 112 1-beds →

611 last sold in September 2021 at AED 548 per sqft, 21% above what one-beds in Axis Residences 5 were fetching at the time (AED 452). 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. 611's AED 33,000 is at the bottom 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

611, Axis Residences 5 in numbers

  • Sold twice: first on 4 October 2012 for AED 438,000, last on 9 September 2021 for AED 487,528 (AED 548 per sqft).
  • Rented since November 2012 on 8 Ejari contracts, from AED 35,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2021 price is 6.8%, before a service charge of about AED 12,100 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 9 September 2021.

Questions about 611, Axis Residences 5

What did unit 611 last sell for?

AED 487,528 on 9 September 2021: AED 548 per sqft for 889 sqft. The unit has 2 registered sales; the first was AED 438,000 in October 2012.

What is the rent for unit 611?

AED 33,000 a year on the contract signed on 1 July 2021. The previous contract, from August 2019, was AED 38,000; the unit has been rented since November 2012.

How big is unit 611?

889 sqft (82.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 611 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 611, Axis Residences 5

Starts from the last sale price (AED 488K, 9 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 487,528
Deposit, UAE resident (20%)
AED 97,506
Deposit, non-resident (40%)
AED 195,011
Monthly over 25 years at 3.7%
AED 1,995

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