702, Axis Residences 3
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Axis Residences 3
What is 702 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 809 sqft
- Floor
- 7th of 8
- Parking
- 98
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 9,700 /yr
- Last sold
- AED 667K · October 2017
- Building
- Axis Residences 3
About 702, Axis Residences 3
702 is a one-bedroom apartment of 809 sqft on the 7th floor of Axis Residences 3, a 8-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. The developer sold it on 25 October 2017 for AED 666,600, or AED 824 per sqft, 15% above the AED 717 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 10 January 2024, is AED 38,000 a year: a gross yield of 5.7% on the 2017 price, before the service charge of about AED 9,700 a year.
Sales and rents for 702 over time
702 has sold once; 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 3, and where 702 sits
All 128 1-beds →702 last sold in October 2017 at AED 824 per sqft, 15% above what one-beds in Axis Residences 3 were fetching at the time (AED 717). Over the last 12 months one-beds sold for AED 540,000 to 650,000, around AED 680 per sqft, and rent for AED 26,667 to 63,000 a year. 702's AED 38,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 22 Oct 202622 October 2026 | 809 sqft | 540,000 | 667 | ||
| 8 Sep 20268 September 2026 | 808 sqft | 610,000 | 755 | ||
| 19 Jun 202619 June 2026 | 808 sqft | 600,000 | 742 | ||
| 12 Mar 202612 March 2026 | 968 sqft | 610,000 | 630 |
Axis Residences 3
Building128 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 7 sold in the last 12 months.
- Typical price per sqft
- AED 680
- Typical sale
- AED 610K
- Typical rent
- AED 50K /yr
- Typical yield
- 9.1%
Other units on the 7th floor
All 128 units in Axis Residences 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 855 sqft | AED 705KAED 705,375 · Sep 2017September 2017 | 58,000 /yr | |
| 703 | 1-bed | 808 sqft | AED 387KAED 387,000 · Jun 2023June 2023 | 49,600 /yr | |
| 704 | 1-bed | 968 sqft | AED 600KAED 600,000 · Apr 2025April 2025 | 43,000 /yr | |
| 705 | 1-bed | 968 sqft | AED 450KAED 450,000 · Jul 2024July 2024 | 42,000 /yr | |
| 706 | 1-bed | 808 sqft | AED 550KAED 550,000 · Jan 2026January 2026 | 44,100 /yr | |
| 707 | 1-bed | 751 sqft | AED 450KAED 450,000 · Sep 2024September 2024 | 56,000 /yr | |
| 708 | 1-bed | 870 sqft | No registered sale | 48,000 /yr | |
| 709 | 1-bed | 870 sqft | AED 490KAED 489,803 · Oct 2018October 2018 | 44,000 /yr | |
| 710 | 1-bed | 751 sqft | AED 520KAED 520,000 · Mar 2025March 2025 | 52,000 /yr | |
| 711 | 1-bed | 808 sqft | AED 630KAED 630,000 · Jun 2014June 2014 | 53,000 /yr | |
| 712 | 1-bed | 968 sqft | AED 610KAED 610,000 · Mar 2026March 2026 | 60,000 /yr | |
| 713 | 1-bed | 968 sqft | AED 550KAED 550,000 · May 2015May 2015 | 49,000 /yr | |
| 714 | 1-bed | 808 sqft | No registered sale | 40,480 /yr | |
| 715 | 1-bed | 813 sqft | AED 486KAED 486,000 · May 2013May 2013 | 48,000 /yr | |
| 716 | 1-bed | 857 sqft | AED 425KAED 425,000 · Dec 2012December 2012 | 48,000 /yr |
702, Axis Residences 3 in numbers
- Sold once: by Gulf General Investments Co on 25 October 2017 for AED 666,600, or AED 824 per sqft.
- Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 62,000 to AED 31,000 in 2022 and recovered to AED 38,000 by January 2024.
- At AED 38,000 a year the gross yield on the 2017 price is 5.7%, before a service charge of about AED 9,700 a year (AED 11.95 per sqft).
- One-beds in Axis Residences 3 sold for AED 540,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 680 per sqft.
Source: Dubai Land Department. Updated 10 January 2024.
Questions about 702, Axis Residences 3
What did unit 702 last sell for?
AED 666,600 on 25 October 2017, sold by the developer: AED 824 per sqft for 809 sqft. It is the only registered sale of the unit.
What is the rent for unit 702?
AED 38,000 a year on the contract renewed on 10 January 2024. The previous contract, from January 2023, was AED 34,000; the unit has been rented since July 2015.
How big is unit 702?
809 sqft (75.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.
What is unit 702 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 3 sold for AED 540,000 to 650,000 in the last 12 months, around AED 680 per sqft.
Selling 702? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 702, Axis Residences 3
Starts from the last sale price (AED 667K, 25 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 666,600
- Deposit, UAE resident (20%)
- AED 133,320
- Deposit, non-resident (40%)
- AED 266,640
- Monthly over 25 years at 3.7%
- AED 2,727
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →