1-bed · 831 sqftAxis Residences 8, Dubai Silicon Oasis · 6th floor · completed 2010

606, Axis Residences 8

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

Unit 606 · DLD and Ejari recordsUpdated 15 June 2024
Last soldAED 435K11 October 2023
Current rentAED 63K /yr15 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Axis Residences 8

What is 606 worth today?

Last sold for AED 435,000 in 2023

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15 Jun 2024RentedNew contract
AED 63,000/yr12 months · AED 76 per sqft
11 Oct 2023SoldReady
AED 435,000AED 523 per sqft
20 Jun 2021RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
15 Apr 2020RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
15 Apr 2019RentedRenewal
AED 46,000/yr12 months · AED 55 per sqft
15 Apr 2018RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
11 Feb 2016RentedNew contract
AED 52,030/yr12 months · AED 63 per sqft
29 May 2014Sold by developerReady
AED 622,728AED 749 per sqft

Source: Dubai Land Department. Updated 15 June 2024.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
6th of 8
Parking
88
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 435K · October 2023

About 606, Axis Residences 8

606 is a one-bedroom apartment of 831 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 11 October 2023 for AED 435,000, or AED 523 per sqft, 4% above the AED 501 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 June 2024, is AED 63,000 a year: a gross yield of 14.5% on the 2023 price, before the service charge of about AED 10,700 a year.

Sales and rents for 606 over time

Sales
Unit 606, each saleTypical one-bed in Axis Residences 8
400K600K2011201520192023Typical sale price by year: 2011 AED 562,900; 2012 AED 664,850; 2013 AED 507,920; 2014 AED 588,504; 2015 AED 649,751; 2016 AED 617,500; 2017 AED 572,500; 2021 AED 394,000; 2022 AED 350,000; 2023 AED 402,500; 2024 AED 500,000; 2025 AED 547,500Sold by developer, May 2014: AED 622,728 (AED 749 per sqft)Sold, October 2023: AED 435,000 (AED 523 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 8
40K60K2012201620202024Typical rent by year: 2012 AED 36,250; 2013 AED 40,000; 2014 AED 50,000; 2015 AED 56,000; 2016 AED 58,000; 2017 AED 54,500; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 48,000; 2025 AED 51,000; 2026 AED 54,500New contract, February 2013: AED 38,000 a yearNew contract, February 2016: AED 52,030 a yearNew contract, April 2018: AED 50,000 a yearRenewal, April 2019: AED 46,000 a yearRenewal, April 2020: AED 38,000 a yearNew contract, June 2021: AED 30,000 a yearNew contract, June 2024: AED 63,000 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 8, and where 606 sits

All 94 1-beds →

606 last sold in October 2023 at AED 523 per sqft, 4% above 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. 606's AED 63,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 2026650,000
3 Jul 2025525,000
17 Jun 2025620,000
29 May 2025700,000
2 1-bed sales in the last 12 months

Axis Residences 8

Building

111 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%
Axis Residences 8, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 6th floor

All 111 units in Axis Residences 8
Value
6011-bedAED 346K · May 2023
6021-bedAED 370K · Oct 2024
6031-bedAED 450K · Oct 2023
6041-bedAED 700K · May 2025
6051-bedAED 390K · Oct 2023
607AED 596K · Sep 2025
608AED 592K · Sep 2025
1–7 of 13

606, Axis Residences 8 in numbers

  • Sold twice: first on 29 May 2014 for AED 622,728, last on 11 October 2023 for AED 435,000 (AED 523 per sqft).
  • Rented since February 2013 on 7 Ejari contracts. The rent fell from AED 38,000 to AED 30,000 in 2021 and recovered to AED 63,000 by June 2024.
  • At AED 63,000 a year the gross yield on the 2023 price is 14.5%, before a service charge of about AED 10,700 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 15 June 2024.

Questions about 606, Axis Residences 8

What did unit 606 last sell for?

AED 435,000 on 11 October 2023: AED 523 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 622,728 in May 2014.

What is the rent for unit 606?

AED 63,000 a year on the contract signed on 15 June 2024. The previous contract, from June 2021, was AED 30,000; the unit has been rented since February 2013.

How big is unit 606?

831 sqft (77.2 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 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 606, Axis Residences 8

Starts from the last sale price (AED 435K, 11 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

Plus AED 21,180 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →