1-bed · 813 sqftAxis Residences 4, Dubai Silicon Oasis · 7th floor · completed 2009

715, Axis Residences 4

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 715 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.47M23 June 2015
Current rentAED 41K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 715, Axis Residences 4

What is 715 worth today?

Last sold for AED 1,470,800 in 2015

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5 Sep 2024RentedRenewal
AED 40,700/yr12 months · AED 50 per sqft
5 Sep 2023RentedRenewal
AED 37,000/yr12 months · AED 46 per sqft
5 Sep 2022RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
1 May 2021RentedNew contract
AED 27,000/yr12 months · AED 33 per sqft
20 Jan 2020RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft
1 Jan 2019RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
23 Jun 2015Sold by developerReady
AED 1,470,800AED 1,810 per sqft

Source: Dubai Land Department. Updated 5 September 2024.

Key facts

Type
1-bed apartment
Size
813 sqft
Floor
7th of 100
Parking
136
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 9,500 /yr
Last sold
AED 1.47M · June 2015

About 715, Axis Residences 4

715 is a one-bedroom apartment of 813 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. The developer sold it on 23 June 2015 for AED 1,470,800, or AED 1,810 per sqft, 147% above the AED 732 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 5 September 2024, is AED 40,700 a year: a gross yield of 2.8% on the 2015 price, before the service charge of about AED 9,500 a year.

Sales and rents for 715 over time

Sales
Unit 715, each saleTypical one-bed in Axis Residences 4
1M20112015201920232027Typical 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, June 2015: AED 1,470,800 (AED 1,810 per sqft)

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

Rents
Unit 715, 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, January 2019: AED 40,000 a yearNew contract, January 2020: AED 34,000 a yearNew contract, May 2021: AED 27,000 a yearNew contract, September 2022: AED 33,000 a yearRenewal, September 2023: AED 37,000 a yearRenewal, September 2024: AED 40,700 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 715 sits

All 128 1-beds →

715 last sold in June 2015 at AED 1,810 per sqft, 147% above what one-beds in Axis Residences 4 were fetching at the time (AED 732). 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. 715's AED 40,700 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
7071-bedAED 500K · Jul 2024
1–7 of 15

715, Axis Residences 4 in numbers

  • Sold once: by Gulf General Investments Co on 23 June 2015 for AED 1,470,800, or AED 1,810 per sqft.
  • Rented since January 2019 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 27,000 in 2021 and recovered to AED 40,700 by September 2024.
  • At AED 40,700 a year the gross yield on the 2015 price is 2.8%, 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 5 September 2024.

Questions about 715, Axis Residences 4

What did unit 715 last sell for?

AED 1,470,800 on 23 June 2015, sold by the developer: AED 1,810 per sqft for 813 sqft. It is the only registered sale of the unit.

What is the rent for unit 715?

AED 40,700 a year on the contract renewed on 5 September 2024. The previous contract, from September 2023, was AED 37,000; the unit has been rented since January 2019.

How big is unit 715?

813 sqft (75.5 sqm): a one-bedroom apartment on the 7th floor of a 100-storey tower completed in 2009.

What is unit 715 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 715, Axis Residences 4

Starts from the last sale price (AED 1.47M, 23 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,800
Deposit, UAE resident (20%)
AED 294,160
Deposit, non-resident (40%)
AED 588,320
Monthly over 25 years at 3.7%
AED 6,017

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