705, Axis Residences 3
Sold prices and rental history: sold 3 times, last in July 2024, 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 705, Axis Residences 3
What is 705 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 17 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 968 sqft
- Floor
- 7th of 8
- Parking
- 101
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 11,600 /yr
- Last sold
- AED 450K · July 2024
- Building
- Axis Residences 3
About 705, Axis Residences 3
705 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 17 July 2024 for AED 450,000, or AED 464 per sqft, 9% below the AED 510 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 5 July 2022, is AED 42,000 a year: a gross yield of 9.3% on the 2024 price, before the service charge of about AED 11,600 a year.
Sales and rents for 705 over time
705 has sold 3 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 3, and where 705 sits
All 128 1-beds →705 last sold in July 2024 at AED 464 per sqft, 9% below what one-beds in Axis Residences 3 were fetching at the time (AED 510). 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. 705's AED 42,000 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 | |
| 702 | 1-bed | 809 sqft | AED 667KAED 666,600 · Oct 2017October 2017 | 38,000 /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 | |
| 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 |
705, Axis Residences 3 in numbers
- Sold 3 times: first on 22 June 2015 for AED 1,740,100, last on 17 July 2024 for AED 450,000 (AED 464 per sqft).
- Rented since July 2013 on 9 Ejari contracts, from AED 52,000 to AED 42,000 a year.
- At AED 42,000 a year the gross yield on the 2024 price is 9.3%, 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 17 July 2024.
Questions about 705, Axis Residences 3
What did unit 705 last sell for?
AED 450,000 on 17 July 2024: AED 464 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 705?
AED 42,000 a year on the contract signed on 5 July 2022. The previous contract, from July 2021, was AED 40,000; the unit has been rented since July 2013.
How big is unit 705?
968 sqft (89.9 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2009.
What is unit 705 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 705? 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 705, Axis Residences 3
Starts from the last sale price (AED 450K, 17 July 2024). 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 →