1-bed · 751 sqftAxis Residences 4, Dubai Silicon Oasis · 6th floor · completed 2009

607, Axis Residences 4

Sold prices and rental history: sold 3 times, last in October 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 607 · DLD and Ejari recordsUpdated 1 April 2020
Last soldAED 375K29 October 2019
Current rentAED 41K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607, Axis Residences 4

What is 607 worth today?

Last sold for AED 375,000 in 2019

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1 Apr 2020RentedNew contract
AED 40,974/yr11 months · AED 55 per sqft
29 Oct 2019SoldReady
AED 375,000AED 499 per sqft
20 Dec 2017RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
16 Dec 2016RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
16 Dec 2015RentedNew contract
AED 59,000/yr12 months · AED 78 per sqft
22 Jun 2015SoldReady
AED 545,000AED 726 per sqft
12 Mar 2014RentedNew contract
AED 39,440/yr12 months · AED 52 per sqft
11 Mar 2014Sold by developerReady
AED 1,257,100AED 1,674 per sqft

Source: Dubai Land Department. Updated 1 April 2020.

Key facts

Type
1-bed apartment
Size
751 sqft
Floor
6th of 100
Parking
96
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 375K · October 2019

About 607, Axis Residences 4

607 is a one-bedroom apartment of 751 sqft on the 6th floor of Axis Residences 4, a 100-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 29 October 2019 for AED 375,000, or AED 499 per sqft, in line with the AED 509 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 1 April 2020, is AED 40,974 a year: a gross yield of 10.9% on the 2019 price, before the service charge of about AED 8,800 a year.

Sales and rents for 607 over time

Sales
Unit 607, each saleTypical one-bed in Axis Residences 4
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 514,900; 2012 AED 509,250; 2013 AED 844,053; 2014 AED 1,398,000; 2015 AED 610,000; 2016 AED 587,500; 2017 AED 600,000; 2018 AED 515,000; 2019 AED 415,000; 2021 AED 500,000; 2022 AED 385,000; 2023 AED 358,000; 2024 AED 495,000; 2025 AED 540,000; 2026 AED 595,000Sold by developer, March 2014: AED 1,257,100 (AED 1,674 per sqft)Sold, June 2015: AED 545,000 (AED 726 per sqft)Sold, October 2019: AED 375,000 (AED 499 per sqft)

607 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 607, each contractTypical one-bed in Axis Residences 4
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 36,000; 2014 AED 50,000; 2015 AED 55,000; 2016 AED 57,500; 2017 AED 52,200; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 31,000; 2023 AED 37,000; 2024 AED 42,175; 2025 AED 45,000; 2026 AED 53,750New contract, March 2014: AED 39,440 a yearNew contract, December 2015: AED 59,000 a yearNew contract, December 2016: AED 60,000 a yearNew contract, December 2017: AED 48,000 a yearNew contract, April 2020: AED 40,974 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 4, and where 607 sits

All 114 1-beds →

607 last sold in October 2019 at AED 499 per sqft, in line with what one-beds in Axis Residences 4 were fetching at the time (AED 509). Over the last 12 months one-beds sold for AED 400,000 to 742,000, around AED 730 per sqft, and rent for AED 39,960 to 58,000 a year. 607's AED 40,974 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 2026590,000
11 Feb 2026575,000
10 Feb 2026595,000
3 Feb 2026595,000
19 1-bed sales in the last 12 months

Axis Residences 4

Building

128 apartments, 1-bed over 100 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 19 sold in the last 12 months.

Typical price per sqft
AED 730 Up 14.1%
Typical sale
AED 595K
Typical rent
AED 55K /yr
Typical yield
9.4%
Axis Residences 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 128 units in Axis Residences 4
Value
6011-bedAED 600K · May 2016
6021-bedAED 510K · Nov 2024
6031-bedAED 615K · May 2015
6041-bedAED 677K · Jun 2015
6051-bedAED 677K · Jun 2015
6061-bedAED 580K · Aug 2015
6081-bedAED 308K · Jan 2016
1–7 of 15

607, Axis Residences 4 in numbers

  • Sold 3 times: first on 11 March 2014 for AED 1,257,100, last on 29 October 2019 for AED 375,000 (AED 499 per sqft).
  • Rented since March 2014 on 5 Ejari contracts, from AED 39,440 to AED 40,974 a year.
  • At AED 40,974 a year the gross yield on the 2019 price is 10.9%, before a service charge of about AED 8,800 a year (AED 11.74 per sqft).
  • One-beds in Axis Residences 4 sold for AED 400,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 730 per sqft.

Source: Dubai Land Department. Updated 1 April 2020.

Questions about 607, Axis Residences 4

What did unit 607 last sell for?

AED 375,000 on 29 October 2019: AED 499 per sqft for 751 sqft. The unit has 3 registered sales; the first was AED 1,257,100 in March 2014.

What is the rent for unit 607?

AED 40,974 a year on the contract signed on 1 April 2020. The previous contract, from December 2017, was AED 48,000; the unit has been rented since March 2014.

How big is unit 607?

751 sqft (69.8 sqm): a one-bedroom apartment on the 6th floor of a 100-storey tower completed in 2009.

What is unit 607 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 4 sold for AED 400,000 to 742,000 in the last 12 months, around AED 730 per sqft.

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Mortgage on 607, Axis Residences 4

Starts from the last sale price (AED 375K, 29 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 375,000
Deposit, UAE resident (20%)
AED 75,000
Deposit, non-resident (40%)
AED 150,000
Monthly over 25 years at 3.7%
AED 1,534

Plus AED 18,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →