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1-bed · 938 sqftAxis Residences 1, Dubai Silicon Oasis · 7th floor · completed 2009

704, Axis Residences 1

Sold prices and rental history: sold 9 times, last in August 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 600K27 August 2025
Current rentAED 42K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Axis Residences 1

What is 704 worth today?

Last sold for AED 600,000 in 2025

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25 Jul 2026RentedNew contract
AED 41,895/yr12 months · AED 49 per sqft
25 Jan 2026RentedRenewal
AED 46,000/yr12 months · AED 49 per sqft
10 Nov 2025RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
27 Aug 2025SoldReady
AED 600,000AED 639 per sqft
25 Jan 2025RentedRenewal
AED 46,000/yr12 months · AED 49 per sqft
1 Nov 2024RentedNew contract
AED 52,000/yr12 months · AED 55 per sqft
25 Jan 2024RentedNew contract
AED 46,000/yr12 months · AED 49 per sqft
23 Oct 2023SoldReady
AED 406,642AED 433 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
7th of 8
Parking
G-246
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 600K · August 2025
Building
Axis Residences 1

About 704, Axis Residences 1

704 is a one-bedroom apartment of 938 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 27 August 2025 for AED 600,000, or AED 639 per sqft, 9% above the AED 586 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 29 Ejari contracts. The current contract, signed on 25 July 2026, is AED 41,895 a year: a gross yield of 7.0% on the 2025 price, before the service charge of about AED 11,200 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, May 2012: AED 1,074,869 (AED 1,146 per sqft)Sold, September 2013: AED 437,815 (AED 514 per sqft)Sold, May 2014: AED 1,146,610 (AED 1,222 per sqft)Sold, June 2015: AED 506,660 (AED 594 per sqft)Sold, December 2018: AED 480,000 (AED 563 per sqft)Sold, January 2021: AED 390,000 (AED 457 per sqft)Sold, October 2023: AED 406,642 (AED 433 per sqft)Sold, August 2025: AED 600,000 (AED 639 per sqft)

704 has sold 8 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, 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, July 2013: AED 40,000 a yearNew contract, August 2014: AED 60,000 a yearNew contract, February 2015: AED 65,000 a yearNew contract, March 2015: AED 62,000 a yearNew contract, August 2015: AED 65,000 a yearNew contract, August 2016: AED 62,000 a yearNew contract, April 2017: AED 54,000 a yearRenewal, August 2017: AED 58,000 a yearNew contract, April 2018: AED 52,000 a yearNew contract, September 2018: AED 44,308 a yearNew contract, February 2019: AED 42,000 a yearRenewal, April 2019: AED 45,000 a yearNew contract, July 2019: AED 36,000 a yearNew contract, November 2019: AED 35,077 a yearRenewal, July 2020: AED 30,000 a yearNew contract, September 2020: AED 31,000 a yearRenewal, December 2020: AED 32,000 a yearRenewal, July 2021: AED 28,000 a yearRenewal, September 2021: AED 31,000 a yearRenewal, January 2022: AED 30,000 a yearRenewal, September 2022: AED 34,000 a yearNew contract, January 2023: AED 40,000 a yearNew contract, October 2023: AED 45,000 a yearNew contract, January 2024: AED 46,000 a yearNew contract, November 2024: AED 52,000 a yearRenewal, January 2025: AED 46,000 a yearNew contract, November 2025: AED 55,000 a yearRenewal, January 2026: AED 46,000 a yearNew contract, July 2026: AED 41,895 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 704 sits

All 79 1-beds →

704 last sold in August 2025 at AED 639 per sqft, 9% above what one-beds in Axis Residences 1 were fetching at the time (AED 586). 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. 704's AED 41,895 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
7031-bedAED 390K · Jul 2022
7051-bedAED 565K · Sep 2026
7061-bedAED 312K · Oct 2023
7071-bedAED 450K · Sep 2022
7081-bedAED 415K · Sep 2022
1–7 of 9

704, Axis Residences 1 in numbers

  • Sold 9 times: first on 16 May 2012 for AED 1,074,869, last on 27 August 2025 for AED 600,000 (AED 639 per sqft).
  • Rented since July 2013 on 29 Ejari contracts. The rent fell from AED 40,000 to AED 28,000 in 2021 and recovered to AED 41,895 by July 2026.
  • At AED 41,895 a year the gross yield on the 2025 price is 7.0%, before a service charge of about AED 11,200 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 25 July 2026.

Questions about 704, Axis Residences 1

What did unit 704 last sell for?

AED 600,000 on 27 August 2025: AED 639 per sqft for 938 sqft. The unit has 9 registered sales; the first was AED 1,074,869 in May 2012.

What is the rent for unit 704?

AED 41,895 a year on the contract signed on 25 July 2026. The previous contract, from January 2026, was AED 46,000; the unit has been rented since July 2013.

How big is unit 704?

938 sqft (87.1 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.

What is unit 704 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 704, Axis Residences 1

Starts from the last sale price (AED 600K, 27 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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