1-bed · 920 sqftAxis Residences 8, Dubai Silicon Oasis · 6th floor · completed 2010

603, Axis Residences 8

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 450K23 October 2023
Current rentAED 60K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Axis Residences 8

What is 603 worth today?

Last sold for AED 450,000 in 2023

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1 Sep 2026RentedNew contract
AED 60,000/yr12 months · AED 65 per sqft
1 Jul 2025RentedRenewal
AED 55,000/yr12 months · AED 60 per sqft
1 Jul 2024RentedNew contract
AED 68,000/yr12 months · AED 74 per sqft
23 Oct 2023SoldReady
AED 450,000AED 489 per sqft
25 Sep 2019RentedNew contract
AED 44,000/yr12 months · AED 48 per sqft
10 Jun 2018RentedNew contract
AED 59,000/yr12 months · AED 64 per sqft
1 May 2015RentedNew contract
AED 64,000/yr12 months · AED 70 per sqft
5 Dec 2014RentedNew contract
AED 48,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
6th of 8
Parking
85
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,900 /yr
Last sold
AED 450K · October 2023

About 603, Axis Residences 8

603 is a one-bedroom apartment of 920 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 23 October 2023 for AED 450,000, or AED 489 per sqft, in line with the AED 501 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 September 2026, is AED 60,000 a year: a gross yield of 13.3% on the 2023 price, before the service charge of about AED 11,900 a year.

Sales and rents for 603 over time

Sales
Unit 603, each saleTypical one-bed in Axis Residences 8
400K600K20112015201920232027Typical sale price by year: 2011 AED 562,900; 2012 AED 664,850; 2013 AED 506,185; 2014 AED 622,728; 2015 AED 649,751; 2016 AED 617,500; 2017 AED 572,500; 2021 AED 394,000; 2022 AED 350,000; 2023 AED 402,500; 2024 AED 500,000; 2025 AED 596,611; 2026 AED 650,000Sold by developer, May 2014: AED 697,872 (AED 758 per sqft)Sold, October 2023: AED 450,000 (AED 489 per sqft)

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

Rents
Unit 603, each contractTypical one-bed in Axis Residences 8
40K60K2012201620202024Typical rent by year: 2012 AED 36,500; 2013 AED 40,000; 2014 AED 49,133; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 54,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 47,500; 2025 AED 54,000; 2026 AED 55,000New contract, December 2014: AED 48,000 a yearNew contract, May 2015: AED 64,000 a yearNew contract, June 2018: AED 59,000 a yearNew contract, September 2019: AED 44,000 a yearNew contract, July 2024: AED 68,000 a yearRenewal, July 2025: AED 55,000 a yearNew contract, September 2026: AED 60,000 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 8, and where 603 sits

All 111 1-beds →

603 last sold in October 2023 at AED 489 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 501). 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. 603's AED 60,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 May 2026630,000
10 Mar 2026665,000
19 Feb 2026650,000
17 Feb 2026650,000
5 1-bed sales in the last 12 months

Axis Residences 8

Building

111 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%
Axis Residences 8, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 111 units in Axis Residences 8
Value
6011-bedAED 346K · May 2023
6021-bedAED 630K · May 2026
6041-bedAED 700K · May 2025
6051-bedAED 390K · Oct 2023
6061-bedAED 435K · Oct 2023
6071-bedAED 596K · Sep 2025
6081-bedAED 592K · Sep 2025
1–7 of 13

603, Axis Residences 8 in numbers

  • Sold twice: first on 29 May 2014 for AED 697,872, last on 23 October 2023 for AED 450,000 (AED 489 per sqft).
  • Rented since December 2014 on 7 Ejari contracts, from AED 48,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2023 price is 13.3%, before a service charge of about AED 11,900 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 1 September 2026.

Questions about 603, Axis Residences 8

What did unit 603 last sell for?

AED 450,000 on 23 October 2023: AED 489 per sqft for 920 sqft. The unit has 2 registered sales; the first was AED 697,872 in May 2014.

What is the rent for unit 603?

AED 60,000 a year on the contract signed on 1 September 2026. The previous contract, from July 2025, was AED 55,000; the unit has been rented since December 2014.

How big is unit 603?

920 sqft (85.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 603 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 603, Axis Residences 8

Starts from the last sale price (AED 450K, 23 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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