1-bed · 751 sqftAxis Residences 4, Dubai Silicon Oasis · 7th floor · completed 2009

707, Axis Residences 4

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 500K15 July 2024
Current rentAED 38K /yr15 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Axis Residences 4

What is 707 worth today?

Last sold for AED 500,000 in 2024

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15 Jul 2024SoldReady
AED 500,000AED 666 per sqft
15 Nov 2023RentedNew contract
AED 38,000/yr12 months · AED 51 per sqft
1 Oct 2022RentedRenewal
AED 32,000/yr12 months · AED 42 per sqft
1 Oct 2021RentedRenewal
AED 27,500/yr12 months · AED 36 per sqft
1 Oct 2020RentedNew contract
AED 27,500/yr12 months · AED 36 per sqft
20 Sep 2019RentedRenewal
AED 35,000/yr12 months · AED 46 per sqft
20 Sep 2018RentedNew contract
AED 42,000/yr12 months · AED 56 per sqft
16 Aug 2015Sold by developerReady
AED 700,000AED 932 per sqft

Source: Dubai Land Department. Updated 15 July 2024.

Key facts

Type
1-bed apartment
Size
751 sqft
Floor
7th of 100
Parking
104
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 8,800 /yr
Last sold
AED 500K · July 2024

About 707, Axis Residences 4

707 is a one-bedroom apartment of 751 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 15 July 2024 for AED 500,000, or AED 666 per sqft, 30% above the AED 511 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 15 November 2023, is AED 38,000 a year: a gross yield of 7.6% on the 2024 price, before the service charge of about AED 8,800 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical one-bed in Axis Residences 4
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 514,900; 2012 AED 509,250; 2013 AED 949,333; 2014 AED 1,395,400; 2015 AED 610,000; 2016 AED 585,000; 2017 AED 600,000; 2018 AED 515,000; 2019 AED 410,000; 2021 AED 500,000; 2022 AED 380,000; 2023 AED 358,000; 2024 AED 472,500; 2025 AED 550,000; 2026 AED 595,000Sold by developer, August 2015: AED 700,000 (AED 932 per sqft)Sold, July 2024: AED 500,000 (AED 666 per sqft)

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

Rents
Unit 707, each contractTypical one-bed in Axis Residences 4
40K60K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 36,750; 2014 AED 50,000; 2015 AED 55,000; 2016 AED 55,184; 2017 AED 52,100; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 32,000; 2021 AED 28,000; 2022 AED 31,212; 2023 AED 37,000; 2024 AED 42,175; 2025 AED 45,000; 2026 AED 50,000New contract, September 2018: AED 42,000 a yearRenewal, September 2019: AED 35,000 a yearNew contract, October 2020: AED 27,500 a yearRenewal, October 2021: AED 27,500 a yearRenewal, October 2022: AED 32,000 a yearNew contract, November 2023: AED 38,000 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 4, and where 707 sits

All 128 1-beds →

707 last sold in July 2024 at AED 666 per sqft, 30% above what one-beds in Axis Residences 4 were fetching at the time (AED 511). 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. 707's AED 38,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Oct 2026600,000
7 Aug 2026535,000
6 May 2026600,000
6 Mar 2026580,000
25 1-bed sales in the last 12 months

Axis Residences 4

Building

128 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%
Axis Residences 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 128 units in Axis Residences 4
Value
7011-bedAED 711K · Jun 2012
7021-bedAED 450K · May 2024
7031-bedAED 400K · Nov 2025
7041-bedAED 470K · Sep 2019
7051-bedAED 520K · Apr 2025
7061-bedAED 1.41M · Jul 2015
7081-bedAED 500K · Apr 2021
1–7 of 15

707, Axis Residences 4 in numbers

  • Sold twice: first on 16 August 2015 for AED 700,000, last on 15 July 2024 for AED 500,000 (AED 666 per sqft).
  • Rented since September 2018 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 27,500 in 2021 and recovered to AED 38,000 by November 2023.
  • At AED 38,000 a year the gross yield on the 2024 price is 7.6%, before a service charge of about AED 8,800 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 15 July 2024.

Questions about 707, Axis Residences 4

What did unit 707 last sell for?

AED 500,000 on 15 July 2024: AED 666 per sqft for 751 sqft. The unit has 2 registered sales; the first was AED 700,000 in August 2015.

What is the rent for unit 707?

AED 38,000 a year on the contract signed on 15 November 2023. The previous contract, from October 2022, was AED 32,000; the unit has been rented since September 2018.

How big is unit 707?

751 sqft (69.8 sqm): a one-bedroom apartment on the 7th floor of a 100-storey tower completed in 2009.

What is unit 707 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 707, Axis Residences 4

Starts from the last sale price (AED 500K, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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