1-bed · 756 sqftAxis Residences 6, Dubai Silicon Oasis · 4th floor · completed 2013

406, Axis Residences 6

Sold prices and rental history: sold twice, last in February 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 February 2025
Last soldAED 365K15 February 2023
Current rentAED 48K /yr1 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Axis Residences 6

What is 406 worth today?

Last sold for AED 365,000 in 2023

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1 Feb 2025RentedNew contract
AED 48,000/yr12 months · AED 63 per sqft
15 Feb 2023SoldReady
AED 365,000AED 482 per sqft
7 Dec 2022RentedRenewal
AED 34,000/yr12 months · AED 45 per sqft
7 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
22 Nov 2018RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
23 Aug 2017RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
21 Jun 2015Sold by developerReady
AED 1,328,100AED 1,755 per sqft

Source: Dubai Land Department. Updated 1 February 2025.

Key facts

Type
1-bed apartment
Size
756 sqft
Floor
4th of 8
Parking
54
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 10,600 /yr
Last sold
AED 365K · February 2023

About 406, Axis Residences 6

406 is a one-bedroom apartment of 756 sqft on the 4th 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 15 February 2023 for AED 365,000, or AED 482 per sqft, 4% above the AED 462 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 1 February 2025, is AED 48,000 a year: a gross yield of 13.2% on the 2023 price, before the service charge of about AED 10,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Axis Residences 6
500K1M1.5M2014201820222026Typical 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, June 2015: AED 1,328,100 (AED 1,755 per sqft)Sold, February 2023: AED 365,000 (AED 482 per sqft)

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

Rents
Unit 406, 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 50,000 a yearNew contract, November 2018: AED 42,000 a yearNew contract, December 2021: AED 30,000 a yearRenewal, December 2022: AED 34,000 a yearNew contract, February 2025: AED 48,000 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 406 sits

All 106 1-beds →

406 last sold in February 2023 at AED 482 per sqft, 4% above what one-beds in Axis Residences 6 were fetching at the time (AED 462). 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. 406's AED 48,000 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 4th floor

All 112 units in Axis Residences 6
Value
4011-bedAED 450K · Mar 2018
4021-bedAED 547K · Nov 2014
4031-bedAED 401K · Feb 2023
4041-bedNo registered sale
4051-bedAED 431K · Sep 2023
4071-bedAED 400K · Oct 2022
4081-bedAED 540K · Jun 2018
1–7 of 13

406, Axis Residences 6 in numbers

  • Sold twice: first on 21 June 2015 for AED 1,328,100, last on 15 February 2023 for AED 365,000 (AED 482 per sqft).
  • Rented since August 2017 on 5 Ejari contracts. The rent fell from AED 50,000 to AED 30,000 in 2021 and recovered to AED 48,000 by February 2025.
  • At AED 48,000 a year the gross yield on the 2023 price is 13.2%, before a service charge of about AED 10,600 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 1 February 2025.

Questions about 406, Axis Residences 6

What did unit 406 last sell for?

AED 365,000 on 15 February 2023: AED 482 per sqft for 756 sqft. The unit has 2 registered sales; the first was AED 1,328,100 in June 2015.

What is the rent for unit 406?

AED 48,000 a year on the contract signed on 1 February 2025. The previous contract, from December 2022, was AED 34,000; the unit has been rented since August 2017.

How big is unit 406?

756 sqft (70.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2013.

What is unit 406 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 406, Axis Residences 6

Starts from the last sale price (AED 365K, 15 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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