702, Axis Residences 4
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Axis Residences 4
What is 702 worth today?
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Source: Dubai Land Department. Updated 30 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 809 sqft
- Floor
- 7th of 100
- Parking
- 99
- Developer
- Gulf General Investments Co
- Completed
- 2009
- Service charge
- AED 9,500 /yr
- Last sold
- AED 450K · May 2024
- Building
- Axis Residences 4
About 702, Axis Residences 4
702 is a one-bedroom apartment of 809 sqft on the 7th floor of Axis Residences 4, a 100-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 30 May 2024 for AED 450,000, or AED 556 per sqft, 12% above the AED 495 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 April 2023, is AED 38,000 a year: a gross yield of 8.4% on the 2024 price, before the service charge of about AED 9,500 a year.
Sales and rents for 702 over time
702 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 4, and where 702 sits
All 128 1-beds →702 last sold in May 2024 at AED 556 per sqft, 12% above what one-beds in Axis Residences 4 were fetching at the time (AED 495). Over the last 12 months one-beds sold for AED 400,000 to 742,000, around AED 730 per sqft, and rent for AED 34,530 to 75,000 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 |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 968 sqft | 600,000 | 619 | ||
| 7 Aug 20267 August 2026 | 870 sqft | 535,000 | 614 | ||
| 6 May 20266 May 2026 | 808 sqft | 600,000 | 742 | ||
| 6 Mar 20266 March 2026 | 870 sqft | 580,000 | 666 |
Axis Residences 4
Building128 apartments, 1-bed over 100 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 25 sold in the last 12 months.
- Typical price per sqft
- AED 730 Up 14.1%
- Typical sale
- AED 595K
- Typical rent
- AED 50K /yr
- Typical yield
- 8.3%
Other units on the 7th floor
All 128 units in Axis Residences 4| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 855 sqft | AED 711KAED 710,990 · Jun 2012June 2012 | ||
| 703 | 1-bed | 808 sqft | AED 400KAED 400,000 · Nov 2025November 2025 | 42,000 /yr | |
| 704 | 1-bed | 968 sqft | AED 470KAED 470,000 · Sep 2019September 2019 | 54,000 /yr | |
| 705 | 1-bed | 968 sqft | AED 520KAED 520,000 · Apr 2025April 2025 | 37,853 /yr | |
| 706 | 1-bed | 808 sqft | AED 1.41MAED 1,411,500 · Jul 2015July 2015 | 54,000 /yr | |
| 707 | 1-bed | 751 sqft | AED 500KAED 500,000 · Jul 2024July 2024 | 38,000 /yr | |
| 708 | 1-bed | 870 sqft | AED 500KAED 500,000 · Apr 2021April 2021 | 49,500 /yr | |
| 709 | 1-bed | 870 sqft | No registered sale | 42,504 /yr | |
| 710 | 1-bed | 751 sqft | AED 520KAED 520,000 · Aug 2025August 2025 | 45,000 /yr | |
| 711 | 1-bed | 808 sqft | AED 404KAED 404,000 · Oct 2015October 2015 | 56,000 /yr | |
| 712 | 1-bed | 968 sqft | No registered sale | 42,504 /yr | |
| 713 | 1-bed | 968 sqft | AED 680KAED 680,000 · Jun 2014June 2014 | 52,500 /yr | |
| 714 | 1-bed | 808 sqft | AED 600KAED 600,000 · Nov 2013November 2013 | 44,759 /yr | |
| 715 | 1-bed | 813 sqft | AED 1.47MAED 1,470,800 · Jun 2015June 2015 | 40,700 /yr | |
| 716 | 1-bed | 857 sqft | AED 545KAED 545,000 · Apr 2025April 2025 | 28,000 /yr |
702, Axis Residences 4 in numbers
- Sold 3 times: first on 1 August 2013 for AED 404,300, last on 30 May 2024 for AED 450,000 (AED 556 per sqft).
- Rented since December 2014 on 6 Ejari contracts. The rent fell from AED 65,000 to AED 29,500 in 2020 and recovered to AED 38,000 by April 2023.
- At AED 38,000 a year the gross yield on the 2024 price is 8.4%, before a service charge of about AED 9,500 a year (AED 11.74 per sqft).
- One-beds in Axis Residences 4 sold for AED 400,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 730 per sqft.
Source: Dubai Land Department. Updated 30 May 2024.
Questions about 702, Axis Residences 4
What did unit 702 last sell for?
AED 450,000 on 30 May 2024: AED 556 per sqft for 809 sqft. The unit has 3 registered sales; the first was AED 404,300 in August 2013.
What is the rent for unit 702?
AED 38,000 a year on the contract signed on 20 April 2023. The previous contract, from October 2020, was AED 29,500; the unit has been rented since December 2014.
How big is unit 702?
809 sqft (75.2 sqm): a one-bedroom apartment on the 7th floor of a 100-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 4 sold for AED 400,000 to 742,000 in the last 12 months, around AED 730 per sqft.
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Mortgage on 702, Axis Residences 4
Starts from the last sale price (AED 450K, 30 May 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 →