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

707, Axis Residences 1

Sold prices and rental history: sold 5 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 450K12 September 2022
Current rentAED 55K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707, Axis Residences 1

What is 707 worth today?

Last sold for AED 450,000 in 2022

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1 May 2026RentedNew contract
AED 55,000/yr12 months · AED 59 per sqft
21 Jan 2026RentedNew contract
AED 58,000/yr12 months · AED 68 per sqft
20 Jan 2026RentedRenewal
AED 55,500/yr12 months · AED 59 per sqft
6 Nov 2025RentedRenewal
AED 43,000/yr12 months · AED 46 per sqft
1 Sep 2025RentedRenewal
AED 47,000/yr12 months · AED 55 per sqft
23 Jan 2025RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
20 Jan 2025RentedRenewal
AED 51,000/yr12 months · AED 54 per sqft
6 Nov 2024RentedRenewal
AED 43,000/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
938 sqft
Floor
7th of 8
Parking
B-20
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,200 /yr
Last sold
AED 450K · September 2022
Building
Axis Residences 1

About 707, Axis Residences 1

707 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 12 September 2022 for AED 450,000, or AED 528 per sqft, 19% above the AED 444 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 50 Ejari contracts. The current contract, signed on 1 May 2026, is AED 55,000 a year: a gross yield of 12.2% on the 2022 price, before the service charge of about AED 11,200 a year.

Sales and rents for 707 over time

Sales
Unit 707, 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, June 2015: AED 1,039,429 (AED 1,220 per sqft)Sold by developer, June 2015: AED 1,146,610 (AED 1,222 per sqft)Sold, October 2015: AED 1,146,610 (AED 1,222 per sqft)Sold, March 2022: AED 350,000 (AED 411 per sqft)Sold, September 2022: AED 450,000 (AED 528 per sqft)

707 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 707, 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, January 2013: AED 33,000 a yearNew contract, February 2013: AED 35,000 a yearNew contract, January 2014: AED 36,000 a yearNew contract, January 2014: AED 54,000 a yearNew contract, February 2014: AED 40,000 a yearNew contract, April 2014: AED 44,000 a yearRenewal, January 2015: AED 54,000 a yearNew contract, February 2015: AED 44,000 a yearNew contract, April 2015: AED 48,400 a yearNew contract, January 2016: AED 55,000 a yearNew contract, February 2016: AED 48,000 a yearNew contract, March 2016: AED 62,000 a yearRenewal, April 2016: AED 50,820 a yearNew contract, October 2016: AED 60,000 a yearRenewal, January 2017: AED 55,000 a yearNew contract, May 2017: AED 54,000 a yearRenewal, October 2017: AED 58,000 a yearNew contract, January 2018: AED 52,000 a yearRenewal, May 2018: AED 52,000 a yearNew contract, November 2018: AED 48,000 a yearNew contract, December 2018: AED 40,000 a yearRenewal, January 2019: AED 48,000 a yearRenewal, May 2019: AED 45,000 a yearRenewal, November 2019: AED 46,000 a yearRenewal, December 2019: AED 31,396 a yearRenewal, January 2020: AED 38,000 a yearRenewal, May 2020: AED 37,000 a yearNew contract, November 2020: AED 37,000 a yearRenewal, December 2020: AED 33,000 a yearRenewal, January 2021: AED 32,500 a yearNew contract, November 2021: AED 31,000 a yearNew contract, November 2021: AED 28,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, January 2022: AED 33,500 a yearRenewal, November 2022: AED 34,000 a yearNew contract, November 2022: AED 32,000 a yearNew contract, January 2023: AED 37,500 a yearNew contract, September 2023: AED 41,000 a yearRenewal, November 2023: AED 39,100 a yearNew contract, November 2023: AED 45,000 a yearNew contract, January 2024: AED 46,000 a yearRenewal, September 2024: AED 45,000 a yearRenewal, November 2024: AED 43,000 a yearNew contract, January 2025: AED 53,000 a yearRenewal, January 2025: AED 51,000 a yearRenewal, September 2025: AED 47,000 a yearRenewal, November 2025: AED 43,000 a yearNew contract, January 2026: AED 58,000 a yearRenewal, January 2026: AED 55,500 a yearNew contract, May 2026: 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 707 sits

All 79 1-beds →

707 last sold in September 2022 at AED 528 per sqft, 19% above what one-beds in Axis Residences 1 were fetching at the time (AED 444). 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. 707'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
7031-bedAED 390K · Jul 2022
7041-bedAED 600K · Aug 2025
7051-bedAED 565K · Sep 2026
7061-bedAED 312K · Oct 2023
7081-bedAED 415K · Sep 2022
1–7 of 9

707, Axis Residences 1 in numbers

  • Sold 5 times: first on 24 June 2015 for AED 1,146,610, last on 12 September 2022 for AED 450,000 (AED 528 per sqft).
  • Rented since January 2013 on 50 Ejari contracts. The rent fell from AED 33,000 to AED 28,000 in 2021 and recovered to AED 55,000 by May 2026.
  • At AED 55,000 a year the gross yield on the 2022 price is 12.2%, 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 1 May 2026.

Questions about 707, Axis Residences 1

What did unit 707 last sell for?

AED 450,000 on 12 September 2022: AED 528 per sqft for 938 sqft. The unit has 5 registered sales; the first was AED 1,146,610 in June 2015.

What is the rent for unit 707?

AED 55,000 a year on the contract signed on 1 May 2026. The previous contract, from January 2026, was AED 58,000; the unit has been rented since January 2013.

How big is unit 707?

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

What is unit 707 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 707, Axis Residences 1

Starts from the last sale price (AED 450K, 12 September 2022). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →