706, Axis Residences 1
Sold prices and rental history: sold 6 times, 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.
Property timeline for 706, Axis Residences 1
What is 706 worth today?
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Source: Dubai Land Department. Updated 11 September 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 952 sqft
- Floor
- 7th of 8
- Parking
- G-248
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 11,400 /yr
- Last sold
- AED 312K · October 2023
- Building
- Axis Residences 1
About 706, Axis Residences 1
706 is a one-bedroom apartment of 952 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 6 October 2023 for AED 311,727, or AED 327 per sqft, 26% below the AED 443 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 11 September 2026, is AED 2,000 a year: a gross yield of 0.6% on the 2023 price, before the service charge of about AED 11,400 a year.
Sales and rents for 706 over time
706 has sold 6 times; 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 1, and where 706 sits
All 79 1-beds →706 last sold in October 2023 at AED 327 per sqft, 26% below 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. 706's AED 2,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 852 sqft | 620,000 | 728 | ||
| 15 Oct 202615 October 2026 | 931 sqft | 560,000 | 601 | ||
| 24 Sep 202624 September 2026 | 860 sqft | 565,000 | 657 | ||
| 23 Sep 202623 September 2026 | 898 sqft | 600,000 | 668 |
Axis Residences 1
Building80 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%
Other units on the 7th floor
All 80 units in Axis Residences 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 931 sqft | AED 365KAED 365,000 · Feb 2023February 2023 | 42,000 /yr | |
| 702 | 1-bed | 848 sqft | AED 435KAED 435,000 · Oct 2023October 2023 | 56,000 /yr | |
| 703 | 1-bed | 856 sqft | AED 390KAED 390,000 · Jul 2022July 2022 | 55,000 /yr | |
| 704 | 1-bed | 938 sqft | AED 600KAED 600,000 · Aug 2025August 2025 | 41,895 /yr | |
| 705 | 1-bed | 860 sqft | AED 565KAED 565,000 · Sep 2026September 2026 | 56,000 /yr | |
| 707 | 1-bed | 938 sqft | AED 450KAED 450,000 · Sep 2022September 2022 | 55,000 /yr | |
| 708 | 1-bed | 856 sqft | AED 415KAED 415,000 · Sep 2022September 2022 | 50,000 /yr | |
| 709 | 1-bed | 856 sqft | AED 300KAED 300,000 · Oct 2023October 2023 | 45,625 /yr | |
| 710 | 1-bed | 931 sqft | AED 700KAED 700,000 · Jul 2026July 2026 | 54,000 /yr |
706, Axis Residences 1 in numbers
- Sold 6 times: first on 29 December 2011 for AED 1,059,297, last on 6 October 2023 for AED 311,727 (AED 327 per sqft).
- Rented since June 2013 on 29 Ejari contracts, from AED 38,000 to AED 2,000 a year.
- At AED 2,000 a year the gross yield on the 2023 price is 0.6%, before a service charge of about AED 11,400 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 11 September 2026.
Questions about 706, Axis Residences 1
What did unit 706 last sell for?
AED 311,727 on 6 October 2023: AED 327 per sqft for 952 sqft. The unit has 6 registered sales; the first was AED 1,059,297 in December 2011.
What is the rent for unit 706?
AED 2,000 a year on the contract signed on 11 September 2026. The previous contract, from August 2026, was AED 44,000; the unit has been rented since June 2013.
How big is unit 706?
952 sqft (88.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.
What is unit 706 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 706, Axis Residences 1
Starts from the last sale price (AED 312K, 6 October 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 311,727
- Deposit, UAE resident (20%)
- AED 62,345
- Deposit, non-resident (40%)
- AED 124,691
- Monthly over 25 years at 3.7%
- AED 1,275
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →