609, Axis Residences 5
Sold prices and rental history: sold 3 times, last in January 2019, 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 609, Axis Residences 5
What is 609 worth today?
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Source: Dubai Land Department. Updated 3 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 729 sqft
- Floor
- 6th of 8
- Parking
- 90
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 9,900 /yr
- Last sold
- AED 360K · January 2019
- Building
- Axis Residences 5
About 609, Axis Residences 5
609 is a one-bedroom apartment of 729 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 16 January 2019 for AED 360,000, or AED 494 per sqft, 10% below the AED 547 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 3 August 2020, is AED 33,000 a year: a gross yield of 9.2% on the 2019 price, before the service charge of about AED 9,900 a year.
Sales and rents for 609 over time
609 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 609 sits
All 109 1-beds →609 last sold in January 2019 at AED 494 per sqft, 10% below what one-beds in Axis Residences 5 were fetching at the time (AED 547). 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. 609's AED 33,000 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 | |
| 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 | |
| 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 |
609, Axis Residences 5 in numbers
- Sold 3 times: first on 2 October 2012 for AED 367,000, last on 16 January 2019 for AED 360,000 (AED 494 per sqft).
- Rented since April 2013 on 5 Ejari contracts, from AED 42,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2019 price is 9.2%, before a service charge of about AED 9,900 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 3 August 2020.
Questions about 609, Axis Residences 5
What did unit 609 last sell for?
AED 360,000 on 16 January 2019: AED 494 per sqft for 729 sqft. The unit has 3 registered sales; the first was AED 367,000 in October 2012.
What is the rent for unit 609?
AED 33,000 a year on the contract renewed on 3 August 2020. The previous contract, from August 2019, was AED 40,000; the unit has been rented since April 2013.
How big is unit 609?
729 sqft (67.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.
What is unit 609 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 609, Axis Residences 5
Starts from the last sale price (AED 360K, 16 January 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 360,000
- Deposit, UAE resident (20%)
- AED 72,000
- Deposit, non-resident (40%)
- AED 144,000
- Monthly over 25 years at 3.7%
- AED 1,473
Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →