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

709, 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.

Unit 709 · DLD and Ejari recordsUpdated 16 November 2026
Last soldAED 300K24 October 2023
Current rentAED 46K /yr16 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 709, Axis Residences 1

What is 709 worth today?

Last sold for AED 300,000 in 2023

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16 Nov 2026RentedRenewal
AED 45,625/yr12 months · AED 53 per sqft
15 Dec 2025RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
16 Nov 2025RentedRenewal
AED 43,625/yr12 months · AED 51 per sqft
25 May 2025RentedNew contract
AED 50,058/yr12 months · AED 59 per sqft
16 Nov 2024RentedRenewal
AED 43,625/yr12 months · AED 51 per sqft
30 Apr 2024RentedNew contract
AED 38,000/yr12 months · AED 45 per sqft
20 Nov 2023RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
16 Nov 2023RentedRenewal
AED 39,675/yr12 months · AED 46 per sqft

Source: Dubai Land Department. Updated 16 November 2026.

Key facts

Type
1-bed apartment
Size
856 sqft
Floor
7th of 8
Parking
G-241
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,200 /yr
Last sold
AED 300K · October 2023
Building
Axis Residences 1

About 709, Axis Residences 1

709 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 24 October 2023 for AED 300,000, or AED 350 per sqft, 21% below the AED 442 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 31 Ejari contracts. The current contract, renewed on 16 November 2026, is AED 45,625 a year: a gross yield of 15.2% on the 2023 price, before the service charge of about AED 10,200 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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, February 2013: AED 1,058,556 (AED 1,248 per sqft)Sold by developer, February 2013: AED 450,000 (AED 530 per sqft)Sold, May 2014: AED 984,361 (AED 1,149 per sqft)Sold, July 2015: AED 805,560 (AED 940 per sqft)Sold, December 2020: AED 360,000 (AED 424 per sqft)Sold, October 2023: AED 300,000 (AED 350 per sqft)

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

Rents
Unit 709, 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, November 2013: AED 48,000 a yearNew contract, March 2014: AED 55,000 a yearNew contract, November 2014: AED 48,000 a yearRenewal, March 2015: AED 55,158 a yearRenewal, February 2016: AED 54,837 a yearNew contract, April 2016: AED 60,000 a yearRenewal, April 2017: AED 58,000 a yearNew contract, September 2017: AED 52,000 a yearRenewal, April 2018: AED 52,000 a yearRenewal, September 2018: AED 48,000 a yearNew contract, December 2018: AED 41,000 a yearNew contract, May 2019: AED 42,000 a yearNew contract, May 2019: AED 40,000 a yearNew contract, March 2020: AED 34,000 a yearRenewal, May 2020: AED 35,077 a yearRenewal, May 2020: AED 38,000 a yearNew contract, November 2020: AED 29,000 a yearNew contract, April 2021: AED 29,000 a yearRenewal, May 2021: AED 38,000 a yearRenewal, November 2021: AED 30,000 a yearNew contract, November 2021: AED 30,000 a yearNew contract, November 2021: AED 30,000 a yearRenewal, November 2022: AED 34,500 a yearNew contract, November 2023: AED 36,000 a yearRenewal, November 2023: AED 39,675 a yearNew contract, April 2024: AED 38,000 a yearRenewal, November 2024: AED 43,625 a yearNew contract, May 2025: AED 50,058 a yearRenewal, November 2025: AED 43,625 a yearNew contract, December 2025: AED 55,000 a yearRenewal, November 2026: AED 45,625 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 709 sits

All 79 1-beds →

709 last sold in October 2023 at AED 350 per sqft, 21% below what one-beds in Axis Residences 1 were fetching at the time (AED 442). 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. 709's AED 45,625 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
7071-bedAED 450K · Sep 2022
1–7 of 9

709, Axis Residences 1 in numbers

  • Sold 6 times: first on 3 February 2013 for AED 450,000, last on 24 October 2023 for AED 300,000 (AED 350 per sqft).
  • Rented since November 2013 on 31 Ejari contracts. The rent fell from AED 48,000 to AED 29,000 in 2021 and recovered to AED 45,625 by November 2026.
  • At AED 45,625 a year the gross yield on the 2023 price is 15.2%, 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 16 November 2026.

Questions about 709, Axis Residences 1

What did unit 709 last sell for?

AED 300,000 on 24 October 2023: AED 350 per sqft for 856 sqft. The unit has 6 registered sales; the first was AED 450,000 in February 2013.

What is the rent for unit 709?

AED 45,625 a year on the contract renewed on 16 November 2026. The previous contract, from December 2025, was AED 55,000; the unit has been rented since November 2013.

How big is unit 709?

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

What is unit 709 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 709, Axis Residences 1

Starts from the last sale price (AED 300K, 24 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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