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1-bed · 856 sqftAxis Residences 1, Dubai Silicon Oasis · 7th floor · completed 2009

703, Axis Residences 1

Sold prices and rental history: sold 6 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 6 September 2025
Last soldAED 390K28 July 2022
Current rentAED 55K /yr6 September 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 703, Axis Residences 1

What is 703 worth today?

Last sold for AED 390,000 in 2022

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6 Sep 2025RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
1 Aug 2025RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
13 Jul 2024RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
1 Jun 2023RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
28 Jul 2022SoldReady
AED 390,000AED 455 per sqft
15 May 2022RentedRenewal
AED 32,000/yr12 months · AED 37 per sqft
14 Apr 2022RentedNew contract
AED 32,000/yr12 months · AED 34 per sqft
13 Jul 2021RentedNew contract
AED 28,000/yr12 months · AED 30 per sqft

Source: Dubai Land Department. Updated 6 September 2025.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
7th of 8
Parking
B-26
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 390K · July 2022
Building
Axis Residences 1

About 703, Axis Residences 1

703 is a one-bedroom apartment of 856 sqft on the 7th floor of Axis Residences 1, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 28 July 2022 for AED 390,000, or AED 455 per sqft, in line with the AED 443 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 27 Ejari contracts. The current contract, signed on 6 September 2025, is AED 55,000 a year: a gross yield of 14.1% on the 2022 price, before the service charge of about AED 10,200 a year.

Sales and rents for 703 over time

Sales
Unit 703, each saleTypical one-bed in Axis Residences 1
500K1M20112015201920232027Typical sale price by year: 2011 AED 756,030; 2012 AED 922,153; 2013 AED 631,039; 2014 AED 829,819; 2015 AED 700,000; 2016 AED 620,000; 2017 AED 582,500; 2018 AED 500,000; 2019 AED 507,940; 2020 AED 337,500; 2021 AED 409,417; 2022 AED 380,000; 2023 AED 400,000; 2024 AED 480,000; 2025 AED 550,000; 2026 AED 555,000Sold by developer, November 2011: AED 1,074,869 (AED 1,145 per sqft)Sold, March 2015: AED 509,606 (AED 594 per sqft)Sold, June 2015: AED 620,200 (AED 724 per sqft)Sold, August 2015: AED 567,472 (AED 605 per sqft)Sold, November 2017: AED 580,000 (AED 618 per sqft)Sold, July 2022: AED 390,000 (AED 455 per sqft)

703 has sold 6 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 703, each contractTypical one-bed in Axis Residences 1
40K60K2012201620202024Typical rent by year: 2012 AED 36,000; 2013 AED 40,000; 2014 AED 47,497; 2015 AED 55,000; 2016 AED 60,000; 2017 AED 54,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 30,000; 2022 AED 33,250; 2023 AED 39,000; 2024 AED 45,000; 2025 AED 50,000; 2026 AED 52,500New contract, April 2013: AED 37,800 a yearNew contract, April 2013: AED 40,000 a yearNew contract, April 2014: AED 43,000 a yearNew contract, April 2014: AED 44,000 a yearNew contract, April 2014: AED 65,000 a yearNew contract, April 2015: AED 48,400 a yearRenewal, April 2015: AED 65,000 a yearNew contract, June 2015: AED 65,000 a yearNew contract, October 2015: AED 60,000 a yearNew contract, April 2016: AED 65,000 a yearNew contract, April 2017: AED 60,000 a yearNew contract, June 2017: AED 55,000 a yearNew contract, August 2017: AED 55,000 a yearNew contract, October 2017: AED 55,000 a yearNew contract, March 2019: AED 40,000 a yearNew contract, July 2019: AED 40,000 a yearNew contract, April 2020: AED 37,000 a yearNew contract, August 2020: AED 32,000 a yearNew contract, May 2021: AED 28,000 a yearNew contract, June 2021: AED 34,000 a yearNew contract, July 2021: AED 28,000 a yearNew contract, April 2022: AED 32,000 a yearRenewal, May 2022: AED 32,000 a yearNew contract, June 2023: AED 42,000 a yearNew contract, July 2024: AED 40,000 a yearNew contract, August 2025: AED 55,000 a yearNew contract, September 2025: 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 1, and where 703 sits

All 79 1-beds →

703 last sold in July 2022 at AED 455 per sqft, in line with what one-beds in Axis Residences 1 were fetching at the time (AED 443). Over the last 12 months one-beds sold for AED 295,000 to 700,000, around AED 653 per sqft, and rent for AED 30,000 to 84,000 a year. 703's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Oct 2026620,000
15 Oct 2026560,000
24 Sep 2026565,000
23 Sep 2026600,000
22 1-bed sales in the last 12 months

Axis Residences 1

Building

80 apartments, studios to 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 22 sold in the last 12 months.

Typical price per sqft
AED 653 Up 4.6%
Typical sale
AED 563K
Typical rent
AED 53K /yr
Typical yield
9.1%
Axis Residences 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 80 units in Axis Residences 1
Value
7011-bedAED 365K · Feb 2023
7021-bedAED 435K · Oct 2023
7041-bedAED 600K · Aug 2025
7051-bedAED 565K · Sep 2026
7061-bedAED 312K · Oct 2023
7071-bedAED 450K · Sep 2022
7081-bedAED 415K · Sep 2022
1–7 of 9

703, Axis Residences 1 in numbers

  • Sold 6 times: first on 1 November 2011 for AED 1,074,869, last on 28 July 2022 for AED 390,000 (AED 455 per sqft).
  • Rented since April 2013 on 27 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 55,000 by September 2025.
  • At AED 55,000 a year the gross yield on the 2022 price is 14.1%, before a service charge of about AED 10,200 a year (AED 11.95 per sqft).
  • One-beds in Axis Residences 1 sold for AED 295,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 653 per sqft.

Source: Dubai Land Department. Updated 6 September 2025.

Questions about 703, Axis Residences 1

What did unit 703 last sell for?

AED 390,000 on 28 July 2022: AED 455 per sqft for 856 sqft. The unit has 6 registered sales; the first was AED 1,074,869 in November 2011.

What is the rent for unit 703?

AED 55,000 a year on the contract signed on 6 September 2025. The previous contract, from August 2025, was AED 55,000; the unit has been rented since April 2013.

How big is unit 703?

856 sqft (79.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 703 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 1 sold for AED 295,000 to 700,000 in the last 12 months, around AED 653 per sqft.

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Mortgage on 703, Axis Residences 1

Starts from the last sale price (AED 390K, 28 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →