308, Axis Residences 6
Sold prices and rental history: sold twice, last in June 2023, and rented once, from November 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 308, Axis Residences 6
What is 308 worth today?
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Source: Dubai Land Department. Updated 8 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 728 sqft
- Floor
- 3rd of 8
- Parking
- 36
- Developer
- Gulf General Investments Co
- Completed
- 2013
- Service charge
- AED 10,200 /yr
- Last sold
- AED 390K · June 2023
- Building
- Axis Residences 6
About 308, Axis Residences 6
308 is a one-bedroom apartment of 728 sqft on the 3rd floor of Axis Residences 6, a 8-storey tower in Dubai Silicon Oasis completed in 2013 by Gulf General Investments Co. It last sold on 8 June 2023 for AED 390,000, or AED 535 per sqft, 14% above the AED 468 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 11 November 2013. The current contract, signed on 11 November 2013, is AED 48,000 a year: a gross yield of 12.3% on the 2023 price, before the service charge of about AED 10,200 a year.
Sales and rents for 308 over time
308 has sold twice; 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 6, and where 308 sits
All 106 1-beds →308 last sold in June 2023 at AED 535 per sqft, 14% above what one-beds in Axis Residences 6 were fetching at the time (AED 468). 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. 308's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Sep 202622 September 2026 | 743 sqft | 610,000 | 820 | ||
| 18 Sep 202618 September 2026 | 847 sqft | 615,000 | 725 | ||
| 8 Aug 20268 August 2026 | 743 sqft | 570,000 | 766 | ||
| 11 Jun 202611 June 2026 | 847 sqft | 548,931 | 647 |
Axis Residences 6
Building112 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%
Other units on the 3rd floor
All 112 units in Axis Residences 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 743 sqft | AED 350KAED 350,000 · Oct 2022October 2022 | 50,000 /yr | |
| 302 | 1-bed | 661 sqft | AED 534KAED 534,346 · May 2014May 2014 | 25,000 /yr | |
| 303 | 1-bed | 848 sqft | AED 415KAED 415,000 · Jun 2023June 2023 | 50,000 /yr | |
| 304 | 1-bed | 846 sqft | AED 717KAED 717,309 · Aug 2015August 2015 | 63,000 /yr | |
| 305 | 1-bed | 757 sqft | AED 400KAED 400,000 · Dec 2023December 2023 | 57,000 /yr | |
| 306 | 1-bed | 756 sqft | AED 585KAED 585,000 · Feb 2016February 2016 | 58,000 /yr | |
| 307 | 1-bed | 870 sqft | AED 650KAED 650,000 · Jan 2026January 2026 | 63,000 /yr | |
| 309 | 1-bed | 754 sqft | AED 593KAED 592,912 · Jul 2015July 2015 | 52,000 /yr | |
| 310 | 1-bed | 847 sqft | AED 350KAED 350,000 · Mar 2022March 2022 | 12,000 /yr | |
| 311 | 1-bed | 841 sqft | AED 510KAED 510,000 · Jan 2018January 2018 | 49,000 /yr | |
| 312 | 1-bed | 663 sqft | AED 610KAED 610,000 · Feb 2026February 2026 | 50,000 /yr | |
| 313 | 2-bed | 729 sqft | AED 585KAED 584,662 · Jun 2015June 2015 | 46,600 /yr | |
| 314 | 1-bed | 855 sqft | AED 610KAED 610,000 · Jan 2017January 2017 | 40,000 /yr |
308, Axis Residences 6 in numbers
- Sold twice: first on 31 May 2015 for AED 583,540, last on 8 June 2023 for AED 390,000 (AED 535 per sqft).
- Rented since November 2013 on one Ejari contract, at AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2023 price is 12.3%, before a service charge of about AED 10,200 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 8 June 2023.
Questions about 308, Axis Residences 6
What did unit 308 last sell for?
AED 390,000 on 8 June 2023: AED 535 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 583,540 in May 2015.
What is the rent for unit 308?
AED 48,000 a year on the contract signed on 11 November 2013.
How big is unit 308?
728 sqft (67.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2013.
What is unit 308 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 308, Axis Residences 6
Starts from the last sale price (AED 390K, 8 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 390,000
- Deposit, UAE resident (20%)
- AED 78,000
- Deposit, non-resident (40%)
- AED 156,000
- Monthly over 25 years at 3.7%
- AED 1,596
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →