1-bed · 729 sqftAxis Residences 6, Dubai Silicon Oasis · 6th floor · completed 2013

613, Axis Residences 6

Sold prices and rental history: sold once, by the developer in December 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613 · DLD and Ejari recordsUpdated 10 January 2022
Last soldAED 296K24 December 2014
Current rentAED 34K /yr10 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613, Axis Residences 6

What is 613 worth today?

Last sold for AED 295,613 in 2014

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10 Jan 2022RentedNew contract
AED 34,000/yr12 months · AED 47 per sqft
10 Jan 2020RentedNew contract
AED 38,000/yr12 months · AED 52 per sqft
30 Nov 2018RentedRenewal
AED 54,000/yr12 months · AED 74 per sqft
30 Nov 2017RentedRenewal
AED 56,000/yr12 months · AED 77 per sqft
30 Nov 2016RentedRenewal
AED 60,000/yr12 months · AED 82 per sqft
30 Nov 2015RentedNew contract
AED 60,000/yr12 months · AED 82 per sqft
24 Dec 2014Sold by developerReady
AED 295,613AED 405 per sqft
13 Dec 2014RentedNew contract
AED 60,000/yr12 months · AED 82 per sqft

Source: Dubai Land Department. Updated 10 January 2022.

Key facts

Type
1-bed apartment
Size
729 sqft
Floor
6th of 8
Parking
87
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 10,200 /yr
Last sold
AED 296K · December 2014

About 613, Axis Residences 6

613 is a one-bedroom apartment of 729 sqft on the 6th 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 24 December 2014 for AED 295,613, or AED 405 per sqft, 51% below the AED 824 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 10 January 2022, is AED 34,000 a year: a gross yield of 11.5% on the 2014 price, before the service charge of about AED 10,200 a year.

Sales and rents for 613 over time

Sales
Unit 613, 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, December 2014: AED 295,613 (AED 405 per sqft)

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

Rents
Unit 613, 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, December 2013: AED 50,000 a yearNew contract, December 2014: AED 60,000 a yearNew contract, November 2015: AED 60,000 a yearRenewal, November 2016: AED 60,000 a yearRenewal, November 2017: AED 56,000 a yearRenewal, November 2018: AED 54,000 a yearNew contract, January 2020: AED 38,000 a yearNew contract, January 2022: AED 34,000 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 613 sits

All 106 1-beds →

613 last sold in December 2014 at AED 405 per sqft, 51% below what one-beds in Axis Residences 6 were fetching at the time (AED 824). 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. 613's AED 34,000 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 6th floor

All 112 units in Axis Residences 6
Value
6011-bedAED 420K · Dec 2023
6021-bedAED 551K · Jun 2015
6032-bedAED 707K · Jun 2015
6041-bedAED 705K · Jun 2015
6051-bedAED 385K · Jul 2023
6061-bedAED 360K · Jun 2023
6071-bedAED 510K · Jan 2018
1–7 of 13

613, Axis Residences 6 in numbers

  • Sold once: by Gulf General Investments Co on 24 December 2014 for AED 295,613, or AED 405 per sqft.
  • Rented since December 2013 on 8 Ejari contracts, from AED 50,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2014 price is 11.5%, 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 10 January 2022.

Questions about 613, Axis Residences 6

What did unit 613 last sell for?

AED 295,613 on 24 December 2014, sold by the developer: AED 405 per sqft for 729 sqft. It is the only registered sale of the unit.

What is the rent for unit 613?

AED 34,000 a year on the contract signed on 10 January 2022. The previous contract, from January 2020, was AED 38,000; the unit has been rented since December 2013.

How big is unit 613?

729 sqft (67.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2013.

What is unit 613 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 613, Axis Residences 6

Starts from the last sale price (AED 296K, 24 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 295,613
Deposit, UAE resident (20%)
AED 59,123
Deposit, non-resident (40%)
AED 118,245
Monthly over 25 years at 3.7%
AED 1,209

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