409, Axis Residences 6
Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, Axis Residences 6
What is 409 worth today?
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Source: Dubai Land Department. Updated 8 December 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 754 sqft
- Floor
- 4th of 8
- Parking
- 65
- Developer
- Gulf General Investments Co
- Completed
- 2013
- Service charge
- AED 10,500 /yr
- Last sold
- AED 370K · December 2022
- Building
- Axis Residences 6
About 409, Axis Residences 6
409 is a one-bedroom apartment of 754 sqft on the 4th floor of Axis Residences 6, a 8-storey tower in Dubai Silicon Oasis completed in 2013 by Gulf General Investments Co. It last sold on 8 December 2022 for AED 370,000, or AED 490 per sqft, 6% above the AED 462 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 8 December 2021, is AED 32,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 10,500 a year.
Sales and rents for 409 over time
409 has sold twice; 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 6, and where 409 sits
All 103 1-beds →409 last sold in December 2022 at AED 490 per sqft, 6% above what one-beds in Axis Residences 6 were fetching at the time (AED 462). Over the last 12 months one-beds sold for AED 535,000 to 650,000, around AED 920 per sqft, and rent for AED 39,848 to 84,000 a year. 409's AED 32,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 663 sqft | 610,000 | 920 | ||
| 29 Jan 202629 January 2026 | 663 sqft | 630,000 | 950 | ||
| 13 Jan 202613 January 2026 | 661 sqft | 620,000 | 938 | ||
| 9 Jan 20269 January 2026 | 663 sqft | 535,000 | 807 |
Axis Residences 6
Building112 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2013 by Gulf General Investments Co. 7 sold in the last 12 months.
- Typical price per sqft
- AED 827
- Typical sale
- AED 620K
- Typical rent
- AED 53K /yr
- Typical yield
- 8.6%
Other units on the 4th floor
All 112 units in Axis Residences 6| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 743 sqft | AED 450KAED 450,000 · Mar 2018March 2018 | 39,820 /yr | |
| 402 | 1-bed | 661 sqft | AED 547KAED 547,233 · Nov 2014November 2014 | 42,500 /yr | |
| 403 | 1-bed | 848 sqft | AED 401KAED 400,500 · Feb 2023February 2023 | 55,000 /yr | |
| 404 | 1-bed | 846 sqft | No registered sale | 45,000 /yr | |
| 405 | 1-bed | 757 sqft | AED 431KAED 430,544 · Sep 2023September 2023 | 50,000 /yr | |
| 406 | 1-bed | 756 sqft | AED 365KAED 365,000 · Feb 2023February 2023 | 48,000 /yr | |
| 407 | 1-bed | 870 sqft | AED 400KAED 400,000 · Oct 2022October 2022 | 72,000 /yr | |
| 408 | 1-bed | 728 sqft | AED 540KAED 540,000 · Jun 2018June 2018 | 50,000 /yr | |
| 410 | 1-bed | 847 sqft | AED 510KAED 510,000 · Jan 2018January 2018 | 48,500 /yr | |
| 411 | 1-bed | 841 sqft | AED 377KAED 377,000 · Feb 2024February 2024 | 36,000 /yr | |
| 412 | 1-bed | 663 sqft | AED 630KAED 630,000 · Jan 2026January 2026 | 60,000 /yr | |
| 413 | 1-bed | 729 sqft | AED 587KAED 586,850 · Jun 2015June 2015 | 39,848 /yr | |
| 414 | 1-bed | 855 sqft | AED 610KAED 610,000 · Nov 2016November 2016 | 50,000 /yr |
409, Axis Residences 6 in numbers
- Sold twice: first on 31 May 2015 for AED 595,175, last on 8 December 2022 for AED 370,000 (AED 490 per sqft).
- Rented since November 2014 on 7 Ejari contracts, from AED 57,000 to AED 32,000 a year.
- At AED 32,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 10,500 a year (AED 13.96 per sqft).
- One-beds in Axis Residences 6 sold for AED 535,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 827 per sqft.
Source: Dubai Land Department. Updated 8 December 2022.
Questions about 409, Axis Residences 6
What did unit 409 last sell for?
AED 370,000 on 8 December 2022: AED 490 per sqft for 754 sqft. The unit has 2 registered sales; the first was AED 595,175 in May 2015.
What is the rent for unit 409?
AED 32,000 a year on the contract signed on 8 December 2021. The previous contract, from December 2020, was AED 30,000; the unit has been rented since November 2014.
How big is unit 409?
754 sqft (70.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2013.
What is unit 409 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 6 sold for AED 535,000 to 650,000 in the last 12 months, around AED 920 per sqft.
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Mortgage on 409, Axis Residences 6
Starts from the last sale price (AED 370K, 8 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 370,000
- Deposit, UAE resident (20%)
- AED 74,000
- Deposit, non-resident (40%)
- AED 148,000
- Monthly over 25 years at 3.7%
- AED 1,514
Plus AED 18,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →