1-bed · 870 sqftAxis Residences 3, Dubai Silicon Oasis · 7th floor · completed 2009

709, Axis Residences 3

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 490K17 October 2018
Current rentAED 44K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Axis Residences 3

What is 709 worth today?

Last sold for AED 489,803 in 2018

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1 Jan 2026RentedRenewal
AED 44,000/yr12 months · AED 51 per sqft
1 Jan 2025RentedRenewal
AED 44,000/yr12 months · AED 51 per sqft
1 Jan 2025RentedRenewal
AED 44,000/yr12 months · AED 51 per sqft
1 Jan 2024RentedRenewal
AED 40,000/yr12 months · AED 46 per sqft
1 Jan 2023RentedNew contract
AED 34,000/yr12 months · AED 39 per sqft
1 Dec 2020RentedRenewal
AED 33,000/yr13 months · AED 38 per sqft
1 Dec 2019RentedRenewal
AED 38,000/yr12 months · AED 44 per sqft
1 Dec 2018RentedNew contract
AED 42,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
7th of 8
Parking
105
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 10,400 /yr
Last sold
AED 490K · October 2018

About 709, Axis Residences 3

709 is a one-bedroom apartment of 870 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 17 October 2018 for AED 489,803, or AED 562 per sqft, 14% below the AED 655 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 44,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 10,400 a year.

Sales and rents for 709 over time

Sales
Unit 709, each saleTypical one-bed in Axis Residences 3
400K600K20112015201920232027Typical 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, October 2018: AED 489,803 (AED 562 per sqft)

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

Rents
Unit 709, 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, August 2014: AED 56,000 a yearNew contract, February 2017: AED 52,000 a yearNew contract, December 2018: AED 42,000 a yearRenewal, December 2019: AED 38,000 a yearRenewal, December 2020: AED 33,000 a yearNew contract, January 2023: AED 34,000 a yearRenewal, January 2024: AED 40,000 a yearRenewal, January 2025: AED 44,000 a yearRenewal, January 2025: AED 44,000 a yearRenewal, January 2026: AED 44,000 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 709 sits

All 128 1-beds →

709 last sold in October 2018 at AED 562 per sqft, 14% 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. 709's AED 44,000 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
7041-bedAED 600K · Apr 2025
7051-bedAED 450K · Jul 2024
7061-bedAED 550K · Jan 2026
7071-bedAED 450K · Sep 2024
1–7 of 15

709, Axis Residences 3 in numbers

  • Sold once: by Gulf General Investments Co on 17 October 2018 for AED 489,803, or AED 562 per sqft.
  • Rented since August 2014 on 10 Ejari contracts. The rent fell from AED 56,000 to AED 33,000 in 2020 and recovered to AED 44,000 by January 2026.
  • At AED 44,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 10,400 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 1 January 2026.

Questions about 709, Axis Residences 3

What did unit 709 last sell for?

AED 489,803 on 17 October 2018, sold by the developer: AED 562 per sqft for 870 sqft. It is the only registered sale of the unit.

What is the rent for unit 709?

AED 44,000 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 44,000; the unit has been rented since August 2014.

How big is unit 709?

870 sqft (80.8 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 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 709, Axis Residences 3

Starts from the last sale price (AED 490K, 17 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 489,803
Deposit, UAE resident (20%)
AED 97,961
Deposit, non-resident (40%)
AED 195,921
Monthly over 25 years at 3.7%
AED 2,004

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