602, Axis Residences 5
Sold prices and rental history: sold once, by the developer in June 2015, 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 602, Axis Residences 5
What is 602 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 May 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 652 sqft
- Floor
- 6th of 8
- Parking
- 83
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,900 /yr
- Last sold
- AED 327K · June 2015
- Building
- Axis Residences 5
About 602, Axis Residences 5
602 is a one-bedroom apartment of 652 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. The developer sold it on 30 June 2015 for AED 327,000, or AED 501 per sqft, 33% below the AED 746 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 28,000 a year: a gross yield of 8.6% on the 2015 price, before the service charge of about AED 8,900 a year.
Sales and rents for 602 over time
602 has sold once; 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 602 sits
All 109 1-beds →602 last sold in June 2015 at AED 501 per sqft, 33% below what one-beds in Axis Residences 5 were fetching at the time (AED 746). 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. 602's AED 28,000 is at the bottom 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 | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 762 sqft | AED 550KAED 550,000 · Sep 2017September 2017 | 48,000 /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 |
602, Axis Residences 5 in numbers
- Sold once: by Gulf General Investments Co on 30 June 2015 for AED 327,000, or AED 501 per sqft.
- Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 25,000 in 2021 and recovered to AED 28,000 by May 2022.
- At AED 28,000 a year the gross yield on the 2015 price is 8.6%, before a service charge of about AED 8,900 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 1 May 2022.
Questions about 602, Axis Residences 5
What did unit 602 last sell for?
AED 327,000 on 30 June 2015, sold by the developer: AED 501 per sqft for 652 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 28,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 25,000; the unit has been rented since May 2013.
How big is unit 602?
652 sqft (60.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.
What is unit 602 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.
Selling 602? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 602, Axis Residences 5
Starts from the last sale price (AED 327K, 30 June 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 327,000
- Deposit, UAE resident (20%)
- AED 65,400
- Deposit, non-resident (40%)
- AED 130,800
- Monthly over 25 years at 3.7%
- AED 1,338
Plus AED 16,644 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →