601, Axis Residences 5
Sold prices and rental history: sold 3 times, last in September 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 601, Axis Residences 5
What is 601 worth today?
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Source: Dubai Land Department. Updated 15 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 762 sqft
- Floor
- 6th of 8
- Parking
- 82
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,400 /yr
- Last sold
- AED 550K · September 2017
- Building
- Axis Residences 5
About 601, Axis Residences 5
601 is a one-bedroom apartment of 762 sqft on the 6th floor of Axis Residences 5, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. It last sold on 27 September 2017 for AED 550,000, or AED 722 per sqft, in line with the AED 722 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 February 2025, is AED 48,000 a year: a gross yield of 8.7% on the 2017 price, before the service charge of about AED 10,400 a year.
Sales and rents for 601 over time
601 has sold 3 times; 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 5, and where 601 sits
All 109 1-beds →601 last sold in September 2017 at AED 722 per sqft, in line with what one-beds in Axis Residences 5 were fetching at the time (AED 722). Over the last 12 months one-beds sold for AED 610,000 to 615,000, around AED 841 per sqft, and rent for AED 35,000 to 61,000 a year. 601's AED 48,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202516 June 2025 | 610 sqft | 490,000 | 802 | ||
| 21 May 202521 May 2025 | 758 sqft | 570,000 | 752 | ||
| 24 Dec 202424 December 2024 | 808 sqft | 530,000 | 656 | ||
| 5 Nov 20245 November 2024 | 758 sqft | 525,000 | 693 |
Axis Residences 5
Building112 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 2 sold in the last 12 months.
- Typical price per sqft
- AED 841
- Typical sale
- AED 613K
- Typical rent
- AED 49K /yr
- Typical yield
- 7.4%
Other units on the 6th floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 602 | 1-bed | 652 sqft | AED 327KAED 327,000 · Jun 2015June 2015 | 28,000 /yr | |
| 603 | 1-bed | 854 sqft | AED 449KAED 449,058 · May 2022May 2022 | 47,000 /yr | |
| 604 | 1-bed | 855 sqft | AED 450KAED 449,664 · May 2022May 2022 | 53,000 /yr | |
| 605 | 1-bed | 758 sqft | AED 408KAED 408,022 · May 2022May 2022 | 50,000 /yr | |
| 606 | 1-bed | 797 sqft | AED 400KAED 400,000 · Jan 2013January 2013 | 55,000 /yr | |
| 607 | 1-bed | 855 sqft | AED 447KAED 446,870 · May 2022May 2022 | 42,350 /yr | |
| 608 | 1-bed | 808 sqft | AED 530KAED 530,000 · Dec 2024December 2024 | 55,000 /yr | |
| 609 | 1-bed | 729 sqft | AED 360KAED 360,000 · Jan 2019January 2019 | 33,000 /yr | |
| 610 | 1-bed | 867 sqft | AED 380KAED 380,000 · Nov 2022November 2022 | 44,000 /yr | |
| 611 | 1-bed | 889 sqft | AED 488KAED 487,528 · Sep 2021September 2021 | 33,000 /yr | |
| 612 | 1-bed | 610 sqft | AED 490KAED 490,000 · Jun 2025June 2025 | 34,500 /yr | |
| 613 | 1-bed | 784 sqft | AED 361KAED 361,000 · Mar 2013March 2013 | 41,745 /yr | |
| 614 | 1-bed | 844 sqft | AED 350KAED 350,000 · Jun 2021June 2021 | 36,000 /yr |
601, Axis Residences 5 in numbers
- Sold 3 times: first on 22 December 2011 for AED 370,000, last on 27 September 2017 for AED 550,000 (AED 722 per sqft).
- Rented since October 2013 on 11 Ejari contracts, from AED 33,313 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2017 price is 8.7%, before a service charge of about AED 10,400 a year (AED 13.65 per sqft).
- One-beds in Axis Residences 5 sold for AED 610,000–615,000 in the 12 months to November 2026; the building's median across all types is AED 841 per sqft.
Source: Dubai Land Department. Updated 15 February 2025.
Questions about 601, Axis Residences 5
What did unit 601 last sell for?
AED 550,000 on 27 September 2017: AED 722 per sqft for 762 sqft. The unit has 3 registered sales; the first was AED 370,000 in December 2011.
What is the rent for unit 601?
AED 48,000 a year on the contract renewed on 15 February 2025. The previous contract, from February 2024, was AED 44,500; the unit has been rented since October 2013.
How big is unit 601?
762 sqft (70.8 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 5 sold for AED 610,000 to 615,000 in the last 12 months, around AED 841 per sqft.
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Mortgage on 601, Axis Residences 5
Starts from the last sale price (AED 550K, 27 September 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →