601, Axis Residences 8
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Axis Residences 8
What is 601 worth today?
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Source: Dubai Land Department. Updated 10 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 6th of 8
- Parking
- 19
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,500 /yr
- Last sold
- AED 346K · May 2023
- Building
- Axis Residences 8
About 601, Axis Residences 8
601 is a one-bedroom apartment of 817 sqft on the 6th floor of Axis Residences 8, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. It last sold on 4 May 2023 for AED 346,062, or AED 423 per sqft, 17% below the AED 510 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 10 February 2025, is AED 55,000 a year: a gross yield of 15.9% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 601 over time
601 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 8, and where 601 sits
All 111 1-beds →601 last sold in May 2023 at AED 423 per sqft, 17% below what one-beds in Axis Residences 8 were fetching at the time (AED 510). Over the last 12 months one-beds sold for AED 630,000 to 860,000, around AED 813 per sqft, and rent for AED 35,000 to 80,000 a year. 601's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 May 20264 May 2026 | 661 sqft | 630,000 | 953 | ||
| 10 Mar 202610 March 2026 | 817 sqft | 665,000 | 813 | ||
| 19 Feb 202619 February 2026 | 890 sqft | 650,000 | 730 | ||
| 17 Feb 202617 February 2026 | 920 sqft | 650,000 | 706 |
Axis Residences 8
Building111 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 5 sold in the last 12 months.
- Typical price per sqft
- AED 813
- Typical sale
- AED 650K
- Typical rent
- AED 55K /yr
- Typical yield
- 8.5%
Other units on the 6th floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 661 sqft | AED 630KAED 630,000 · May 2026May 2026 | 58,000 /yr | |
| 603 | 1-bed | 920 sqft | AED 450KAED 450,000 · Oct 2023October 2023 | 60,000 /yr | |
| 604 | 1-bed | 917 sqft | AED 700KAED 700,000 · May 2025May 2025 | 70,000 /yr | |
| 605 | 1-bed | 768 sqft | AED 390KAED 390,000 · Oct 2023October 2023 | 66,000 /yr | |
| 606 | 1-bed | 831 sqft | AED 435KAED 435,000 · Oct 2023October 2023 | 66,000 /yr | |
| 607 | 1-bed | 864 sqft | AED 596KAED 596,083 · Sep 2025September 2025 | 55,000 /yr | |
| 608 | 1-bed | 842 sqft | AED 592KAED 592,309 · Sep 2025September 2025 | 67,000 /yr | |
| 609 | 1-bed | 775 sqft | AED 597KAED 597,138 · Sep 2025September 2025 | 54,000 /yr | |
| 610 | 1-bed | 924 sqft | AED 643KAED 643,300 · Sep 2025September 2025 | 68,000 /yr | |
| 611 | 1-bed | 931 sqft | AED 860KAED 860,000 · Jan 2026January 2026 | 33,000 /yr | |
| 612 | 1-bed | 654 sqft | AED 328KAED 328,000 · Jun 2023June 2023 | 28,000 /yr | |
| 613 | 1-bed | 821 sqft | AED 430KAED 430,000 · Oct 2023October 2023 | 65,000 /yr | |
| 614 | 1-bed | 890 sqft | AED 415KAED 415,000 · Oct 2023October 2023 | 53,000 /yr |
601, Axis Residences 8 in numbers
- Sold twice: first on 29 May 2014 for AED 600,408, last on 4 May 2023 for AED 346,062 (AED 423 per sqft).
- Rented since November 2012 on 11 Ejari contracts. The rent fell from AED 37,000 to AED 31,000 in 2021 and recovered to AED 55,000 by February 2025.
- At AED 55,000 a year the gross yield on the 2023 price is 15.9%, before a service charge of about AED 10,500 a year (AED 12.89 per sqft).
- One-beds in Axis Residences 8 sold for AED 630,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 813 per sqft.
Source: Dubai Land Department. Updated 10 February 2025.
Questions about 601, Axis Residences 8
What did unit 601 last sell for?
AED 346,062 on 4 May 2023: AED 423 per sqft for 817 sqft. The unit has 2 registered sales; the first was AED 600,408 in May 2014.
What is the rent for unit 601?
AED 55,000 a year on the contract signed on 10 February 2025. The previous contract, from February 2025, was AED 55,000; the unit has been rented since November 2012.
How big is unit 601?
817 sqft (75.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.
What is unit 601 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 8 sold for AED 630,000 to 860,000 in the last 12 months, around AED 813 per sqft.
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Mortgage on 601, Axis Residences 8
Starts from the last sale price (AED 346K, 4 May 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 346,062
- Deposit, UAE resident (20%)
- AED 69,212
- Deposit, non-resident (40%)
- AED 138,425
- Monthly over 25 years at 3.7%
- AED 1,416
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →