408, Axis Residences 6
Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Axis Residences 6
What is 408 worth today?
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Source: Dubai Land Department. Updated 15 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 728 sqft
- Floor
- 4th of 8
- Parking
- 61
- Developer
- Gulf General Investments Co
- Completed
- 2013
- Service charge
- AED 10,200 /yr
- Last sold
- AED 540K · June 2018
- Building
- Axis Residences 6
About 408, Axis Residences 6
408 is a one-bedroom apartment of 728 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 18 June 2018 for AED 540,000, or AED 741 per sqft, 18% above the AED 629 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 15 November 2024, is AED 50,000 a year: a gross yield of 9.3% on the 2018 price, before the service charge of about AED 10,200 a year.
Sales and rents for 408 over time
408 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 408 sits
All 106 1-beds →408 last sold in June 2018 at AED 741 per sqft, 18% above what one-beds in Axis Residences 6 were fetching at the time (AED 629). 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. 408's AED 50,000 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 4th floor
All 112 units in Axis Residences 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 743 sqft | AED 450KAED 450,000 · Mar 2018March 2018 | 50,000 /yr | |
| 402 | 1-bed | 661 sqft | AED 547KAED 547,233 · Nov 2014November 2014 | 42,500 /yr | |
| 403 | 1-bed | 848 sqft | AED 401KAED 400,500 · Feb 2023February 2023 | 55,000 /yr | |
| 404 | 1-bed | 846 sqft | No registered sale | 45,000 /yr | |
| 405 | 1-bed | 757 sqft | AED 431KAED 430,544 · Sep 2023September 2023 | 50,000 /yr | |
| 406 | 1-bed | 756 sqft | AED 365KAED 365,000 · Feb 2023February 2023 | 48,000 /yr | |
| 407 | 1-bed | 870 sqft | AED 400KAED 400,000 · Oct 2022October 2022 | 72,000 /yr | |
| 409 | 1-bed | 754 sqft | AED 370KAED 370,000 · Dec 2022December 2022 | 32,000 /yr | |
| 410 | 1-bed | 847 sqft | AED 510KAED 510,000 · Jan 2018January 2018 | 48,500 /yr | |
| 411 | 1-bed | 841 sqft | AED 377KAED 377,000 · Feb 2024February 2024 | 36,000 /yr | |
| 412 | 1-bed | 663 sqft | AED 630KAED 630,000 · Jan 2026January 2026 | 60,000 /yr | |
| 413 | 1-bed | 729 sqft | AED 587KAED 586,850 · Jun 2015June 2015 | 39,848 /yr | |
| 414 | 1-bed | 855 sqft | AED 610KAED 610,000 · Nov 2016November 2016 | 57,000 /yr |
408, Axis Residences 6 in numbers
- Sold twice: first on 15 June 2015 for AED 585,724, last on 18 June 2018 for AED 540,000 (AED 741 per sqft).
- Rented since November 2015 on 4 Ejari contracts, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2018 price is 9.3%, 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 15 November 2024.
Questions about 408, Axis Residences 6
What did unit 408 last sell for?
AED 540,000 on 18 June 2018: AED 741 per sqft for 728 sqft. The unit has 2 registered sales; the first was AED 585,724 in June 2015.
What is the rent for unit 408?
AED 50,000 a year on the contract signed on 15 November 2024. The previous contract, from November 2017, was AED 50,135; the unit has been rented since November 2015.
How big is unit 408?
728 sqft (67.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2013.
What is unit 408 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 408, Axis Residences 6
Starts from the last sale price (AED 540K, 18 June 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 540,000
- Deposit, UAE resident (20%)
- AED 108,000
- Deposit, non-resident (40%)
- AED 216,000
- Monthly over 25 years at 3.7%
- AED 2,209
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →