603, Axis Residences 8
Sold prices and rental history: sold twice, last in October 2023, 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 603, Axis Residences 8
What is 603 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 920 sqft
- Floor
- 6th of 8
- Parking
- 85
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,900 /yr
- Last sold
- AED 450K · October 2023
- Building
- Axis Residences 8
About 603, Axis Residences 8
603 is a one-bedroom apartment of 920 sqft on the 6th floor of Axis Residences 8, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. It last sold on 23 October 2023 for AED 450,000, or AED 489 per sqft, in line with the AED 501 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 55,000 a year: a gross yield of 12.2% on the 2023 price, before the service charge of about AED 11,900 a year.
Sales and rents for 603 over time
603 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 8, and where 603 sits
All 94 1-beds →603 last sold in October 2023 at AED 489 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 501). Over the last 12 months one-beds sold for AED 650,000 to 860,000, around AED 815 per sqft, and rent for AED 43,000 to 68,000 a year. 603's AED 55,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 920 sqft | 650,000 | 706 | ||
| 3 Jul 20253 July 2025 | 768 sqft | 525,000 | 683 | ||
| 17 Jun 202517 June 2025 | 890 sqft | 620,000 | 696 | ||
| 29 May 202529 May 2025 | 917 sqft | 700,000 | 763 |
Axis Residences 8
Building111 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 815
- Typical sale
- AED 755K
- Typical rent
- AED 55K /yr
- Typical yield
- 8.6%
Other units on the 6th floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 817 sqft | AED 346KAED 346,062 · May 2023May 2023 | 55,000 /yr | |
| 602 | 1-bed | 661 sqft | AED 370KAED 370,000 · Oct 2024October 2024 | 60,000 /yr | |
| 604 | 1-bed | 917 sqft | AED 700KAED 700,000 · May 2025May 2025 | 70,000 /yr | |
| 605 | 1-bed | 768 sqft | AED 390KAED 390,000 · Oct 2023October 2023 | 66,000 /yr | |
| 606 | 1-bed | 831 sqft | AED 435KAED 435,000 · Oct 2023October 2023 | 63,000 /yr | |
| 607 | 864 sqft | AED 596KAED 596,083 · Sep 2025September 2025 | 55,000 /yr | ||
| 608 | 842 sqft | AED 592KAED 592,309 · Sep 2025September 2025 | 67,000 /yr | ||
| 609 | 775 sqft | AED 597KAED 597,138 · Sep 2025September 2025 | 54,000 /yr | ||
| 610 | 924 sqft | AED 643KAED 643,300 · Sep 2025September 2025 | 68,000 /yr | ||
| 611 | 931 sqft | AED 860KAED 860,000 · Jan 2026January 2026 | 40,000 /yr | ||
| 612 | 1-bed | 654 sqft | AED 328KAED 328,000 · Jun 2023June 2023 | 28,000 /yr | |
| 613 | 1-bed | 821 sqft | AED 430KAED 430,000 · Oct 2023October 2023 | 65,000 /yr | |
| 614 | 1-bed | 890 sqft | AED 415KAED 415,000 · Oct 2023October 2023 | 50,000 /yr |
603, Axis Residences 8 in numbers
- Sold twice: first on 29 May 2014 for AED 697,872, last on 23 October 2023 for AED 450,000 (AED 489 per sqft).
- Rented since December 2014 on 6 Ejari contracts, from AED 48,000 to AED 55,000 a year.
- At AED 55,000 a year the gross yield on the 2023 price is 12.2%, before a service charge of about AED 11,900 a year (AED 12.89 per sqft).
- One-beds in Axis Residences 8 sold for AED 650,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 815 per sqft.
Source: Dubai Land Department. Updated 1 July 2025.
Questions about 603, Axis Residences 8
What did unit 603 last sell for?
AED 450,000 on 23 October 2023: AED 489 per sqft for 920 sqft. The unit has 2 registered sales; the first was AED 697,872 in May 2014.
What is the rent for unit 603?
AED 55,000 a year on the contract renewed on 1 July 2025. The previous contract, from July 2024, was AED 68,000; the unit has been rented since December 2014.
How big is unit 603?
920 sqft (85.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.
What is unit 603 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 8 sold for AED 650,000 to 860,000 in the last 12 months, around AED 815 per sqft.
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Mortgage on 603, Axis Residences 8
Starts from the last sale price (AED 450K, 23 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →