1-bed · 968 sqftAxis Residences 3, Dubai Silicon Oasis · 7th floor · completed 2009

704, Axis Residences 3

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 7 April 2025
Last soldAED 600K7 April 2025
Current rentAED 43K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Axis Residences 3

What is 704 worth today?

Last sold for AED 600,000 in 2025

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7 Apr 2025SoldReady
AED 600,000AED 619 per sqft
20 Feb 2024RentedRenewal
AED 43,000/yr12 months · AED 44 per sqft
20 Feb 2023RentedNew contract
AED 41,000/yr12 months · AED 42 per sqft
15 Mar 2022RentedNew contract
AED 35,000/yr12 months · AED 36 per sqft
3 Mar 2022SoldReady
AED 465,669AED 481 per sqft
1 Feb 2021RentedNew contract
AED 29,920/yr13 months · AED 31 per sqft
10 Dec 2018RentedNew contract
AED 45,000/yr12 months · AED 46 per sqft
10 Jul 2017RentedRenewal
AED 50,400/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 7 April 2025.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
7th of 8
Parking
100
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,600 /yr
Last sold
AED 600K · April 2025

About 704, Axis Residences 3

704 is a one-bedroom apartment of 968 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. It last sold on 7 April 2025 for AED 600,000, or AED 619 per sqft, 5% below the AED 655 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 43,000 a year: a gross yield of 7.2% on the 2025 price, before the service charge of about AED 11,600 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Axis Residences 3
1M20112015201920232027Typical sale price by year: 2011 AED 482,700; 2012 AED 519,600; 2013 AED 492,600; 2014 AED 530,670; 2015 AED 650,000; 2016 AED 560,000; 2017 AED 612,500; 2018 AED 489,803; 2019 AED 498,000; 2022 AED 365,000; 2023 AED 415,291; 2024 AED 451,500; 2025 AED 547,500; 2026 AED 605,000Sold by developer, June 2015: AED 1,740,100 (AED 1,797 per sqft)Sold, March 2022: AED 465,669 (AED 481 per sqft)Sold, April 2025: AED 600,000 (AED 619 per sqft)

704 has sold 3 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 3
40K60K2012201620202024Typical rent by year: 2012 AED 35,000; 2013 AED 37,500; 2014 AED 45,000; 2015 AED 55,000; 2016 AED 56,000; 2017 AED 51,000; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 29,729; 2022 AED 32,500; 2023 AED 37,950; 2024 AED 42,350; 2025 AED 48,250; 2026 AED 50,000New contract, July 2014: AED 42,000 a yearNew contract, July 2015: AED 48,000 a yearRenewal, July 2016: AED 50,400 a yearRenewal, July 2017: AED 50,400 a yearNew contract, December 2018: AED 45,000 a yearNew contract, February 2021: AED 29,920 a yearNew contract, March 2022: AED 35,000 a yearNew contract, February 2023: AED 41,000 a yearRenewal, February 2024: AED 43,000 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 3, and where 704 sits

All 128 1-beds →

704 last sold in April 2025 at AED 619 per sqft, 5% below what one-beds in Axis Residences 3 were fetching at the time (AED 655). 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. 704's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026540,000
8 Sep 2026610,000
19 Jun 2026600,000
12 Mar 2026610,000
7 1-bed sales in the last 12 months

Axis Residences 3

Building

128 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%
Axis Residences 3, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 128 units in Axis Residences 3
Value
7011-bedAED 705K · Sep 2017
7021-bedAED 667K · Oct 2017
7031-bedAED 387K · Jun 2023
7051-bedAED 450K · Jul 2024
7061-bedAED 550K · Jan 2026
7071-bedAED 450K · Sep 2024
7081-bedNo registered sale
1–7 of 15

704, Axis Residences 3 in numbers

  • Sold 3 times: first on 22 June 2015 for AED 1,740,100, last on 7 April 2025 for AED 600,000 (AED 619 per sqft).
  • Rented since July 2014 on 9 Ejari contracts. The rent fell from AED 42,000 to AED 29,920 in 2021 and recovered to AED 43,000 by February 2024.
  • At AED 43,000 a year the gross yield on the 2025 price is 7.2%, before a service charge of about AED 11,600 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 7 April 2025.

Questions about 704, Axis Residences 3

What did unit 704 last sell for?

AED 600,000 on 7 April 2025: AED 619 per sqft for 968 sqft. The unit has 3 registered sales; the first was AED 1,740,100 in June 2015.

What is the rent for unit 704?

AED 43,000 a year on the contract renewed on 20 February 2024. The previous contract, from February 2023, was AED 41,000; the unit has been rented since July 2014.

How big is unit 704?

968 sqft (89.9 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 3 sold for AED 540,000 to 650,000 in the last 12 months, around AED 680 per sqft.

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Mortgage on 704, Axis Residences 3

Starts from the last sale price (AED 600K, 7 April 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 →