1-bed · 841 sqftAxis Residences 6, Dubai Silicon Oasis · 1st floor · completed 2013

111, Axis Residences 6

Sold prices and rental history: sold once, by the developer in April 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 3 September 2023
Last soldAED 698K9 April 2014
Current rentAED 51K /yr3 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Axis Residences 6

What is 111 worth today?

Last sold for AED 698,285 in 2014

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3 Sep 2023RentedNew contract
AED 51,000/yr12 months · AED 61 per sqft
16 Aug 2018RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
16 Aug 2017RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
9 Apr 2014Sold by developerReady
AED 698,285AED 830 per sqft

Source: Dubai Land Department. Updated 3 September 2023.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
1st of 8
Parking
11
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 11,700 /yr
Last sold
AED 698K · April 2014

About 111, Axis Residences 6

111 is a one-bedroom apartment of 841 sqft on the 1st floor of Axis Residences 6, a 8-storey tower in Dubai Silicon Oasis completed in 2013 by Gulf General Investments Co. The developer sold it on 9 April 2014 for AED 698,285, or AED 830 per sqft, in line with the AED 831 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 3 September 2023, is AED 51,000 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 11,700 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical one-bed in Axis Residences 6
400K600K2014201820222026Typical sale price by year: 2014 AED 588,385; 2015 AED 603,682; 2016 AED 605,000; 2017 AED 555,000; 2018 AED 510,000; 2019 AED 453,894; 2020 AED 370,000; 2022 AED 362,000; 2023 AED 387,500; 2024 AED 435,000; 2025 AED 572,500; 2026 AED 617,500Sold by developer, April 2014: AED 698,285 (AED 830 per sqft)

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

Rents
Unit 111, each contractTypical one-bed in Axis Residences 6
40K60K2013201720212025Typical rent by year: 2013 AED 52,717; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 57,750; 2017 AED 54,000; 2018 AED 50,000; 2019 AED 40,500; 2020 AED 35,952; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,000; 2024 AED 48,500; 2025 AED 52,000; 2026 AED 50,000New contract, August 2017: AED 60,000 a yearRenewal, August 2018: AED 60,000 a yearNew contract, September 2023: AED 51,000 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 6, and where 111 sits

All 106 1-beds →

111 last sold in April 2014 at AED 830 per sqft, in line with what one-beds in Axis Residences 6 were fetching at the time (AED 831). Over the last 12 months one-beds sold for AED 535,000 to 725,000, around AED 820 per sqft, and rent for AED 25,000 to 90,000 a year. 111's AED 51,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 2026610,000
18 Sep 2026615,000
8 Aug 2026570,000
11 Jun 2026548,931
12 1-bed sales in the last 12 months

Axis Residences 6

Building

112 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2013 by Gulf General Investments Co. 14 sold in the last 12 months.

Typical price per sqft
AED 820 Up 14.1%
Typical sale
AED 618K
Typical rent
AED 51K /yr
Typical yield
8.4%
Axis Residences 6, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 112 units in Axis Residences 6
Value
1011-bedAED 570K · Aug 2026
1021-bedAED 305K · May 2022
1031-bedAED 485K · Feb 2025
1041-bedAED 362K · Dec 2022
1051-bedAED 495K · Oct 2024
1061-bedAED 400K · Dec 2023
1071-bedAED 618K · Aug 2025
1–7 of 13

111, Axis Residences 6 in numbers

  • Sold once: by Gulf General Investments Co on 9 April 2014 for AED 698,285, or AED 830 per sqft.
  • Rented since August 2017 on 3 Ejari contracts, from AED 60,000 to AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 11,700 a year (AED 13.96 per sqft).
  • One-beds in Axis Residences 6 sold for AED 535,000–725,000 in the 12 months to November 2026; the building's median across all types is AED 820 per sqft.

Source: Dubai Land Department. Updated 3 September 2023.

Questions about 111, Axis Residences 6

What did unit 111 last sell for?

AED 698,285 on 9 April 2014, sold by the developer: AED 830 per sqft for 841 sqft. It is the only registered sale of the unit.

What is the rent for unit 111?

AED 51,000 a year on the contract signed on 3 September 2023. The previous contract, from August 2018, was AED 60,000; the unit has been rented since August 2017.

How big is unit 111?

841 sqft (78.1 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2013.

What is unit 111 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 6 sold for AED 535,000 to 725,000 in the last 12 months, around AED 820 per sqft.

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Mortgage on 111, Axis Residences 6

Starts from the last sale price (AED 698K, 9 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 698,285
Deposit, UAE resident (20%)
AED 139,657
Deposit, non-resident (40%)
AED 279,314
Monthly over 25 years at 3.7%
AED 2,857

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