1-bed · 797 sqftAxis Residences 5, Dubai Silicon Oasis · 6th floor · completed 2010

606, Axis Residences 5

Sold prices and rental history: sold twice, last in January 2013, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 606 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 400K15 January 2013
Current rentAED 55K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Axis Residences 5

What is 606 worth today?

Last sold for AED 400,000 in 2013

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2024RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
4 Feb 2024RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
1 Dec 2023RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
15 Jan 2013SoldReady
AED 400,000AED 501 per sqft
24 Dec 2012Sold by developerReady
AED 398,425AED 499 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
797 sqft
Floor
6th of 8
Parking
87
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 400K · January 2013

About 606, Axis Residences 5

606 is a one-bedroom apartment of 797 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 15 January 2013 for AED 400,000, or AED 501 per sqft, in line with the AED 512 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 1 August 2024, is AED 55,000 a year: a gross yield of 13.8% on the 2013 price, before the service charge of about AED 10,900 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in Axis Residences 5
250K500K750K2011201520192023Typical sale price by year: 2011 AED 438,750; 2012 AED 388,500; 2013 AED 666,181; 2014 AED 473,040; 2015 AED 555,947; 2016 AED 200,000; 2017 AED 550,000; 2018 AED 455,000; 2020 AED 345,000; 2021 AED 322,500; 2022 AED 408,022; 2023 AED 382,500; 2024 AED 480,000Sold by developer, December 2012: AED 398,425 (AED 499 per sqft)Sold, January 2013: AED 400,000 (AED 501 per sqft)

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

Rents
Unit 606, each contractTypical one-bed in Axis Residences 5
40K60K2012201620202024Typical rent by year: 2012 AED 32,000; 2013 AED 38,000; 2014 AED 44,500; 2015 AED 51,975; 2016 AED 54,706; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 37,950; 2024 AED 44,050; 2025 AED 45,000; 2026 AED 44,400New contract, December 2023: AED 60,000 a yearNew contract, February 2024: AED 60,000 a yearNew contract, August 2024: AED 55,000 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 5, and where 606 sits

All 109 1-beds →

606 last sold in January 2013 at AED 501 per sqft, in line with what one-beds in Axis Residences 5 were fetching at the time (AED 512). 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 59,000 a year. 606's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Jun 2025490,000
21 May 2025570,000
24 Dec 2024530,000
5 Nov 2024525,000
2 1-bed sales in the last 12 months

Axis Residences 5

Building

112 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 47K /yr
Typical yield
7.0%
Axis Residences 5, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 112 units in Axis Residences 5
Value
6011-bedAED 550K · Sep 2017
6021-bedAED 327K · Jun 2015
6031-bedAED 449K · May 2022
6041-bedAED 450K · May 2022
6051-bedAED 408K · May 2022
6071-bedAED 447K · May 2022
6081-bedAED 530K · Dec 2024
1–7 of 13

606, Axis Residences 5 in numbers

  • Sold twice: first on 24 December 2012 for AED 398,425, last on 15 January 2013 for AED 400,000 (AED 501 per sqft).
  • Rented since December 2023 on 3 Ejari contracts, from AED 60,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2013 price is 13.8%, before a service charge of about AED 10,900 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 August 2024.

Questions about 606, Axis Residences 5

What did unit 606 last sell for?

AED 400,000 on 15 January 2013: AED 501 per sqft for 797 sqft. The unit has 2 registered sales; the first was AED 398,425 in December 2012.

What is the rent for unit 606?

AED 55,000 a year on the contract signed on 1 August 2024. The previous contract, from February 2024, was AED 60,000; the unit has been rented since December 2023.

How big is unit 606?

797 sqft (74.0 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 606 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 606? 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.

How OpenOffers works

Mortgage on 606, Axis Residences 5

Starts from the last sale price (AED 400K, 15 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →