1-bed · 762 sqftAxis Residences 5, Dubai Silicon Oasis · 7th floor · completed 2010

701, Axis Residences 5

Sold prices and rental history: sold twice, last in May 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 416K13 May 2022
Current rentAED 44K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, Axis Residences 5

What is 701 worth today?

Last sold for AED 416,381 in 2022

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10 Oct 2025RentedRenewal
AED 44,100/yr12 months · AED 58 per sqft
10 Oct 2024RentedRenewal
AED 44,100/yr12 months · AED 58 per sqft
10 Oct 2023RentedRenewal
AED 42,000/yr12 months · AED 55 per sqft
10 Oct 2022RentedNew contract
AED 32,000/yr12 months · AED 42 per sqft
13 May 2022SoldReady
AED 416,381AED 546 per sqft
10 Oct 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Mar 2020RentedNew contract
AED 39,000/yr12 months · AED 51 per sqft
1 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
1-bed apartment
Size
762 sqft
Floor
7th of 8
Parking
96
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,400 /yr
Last sold
AED 416K · May 2022

About 701, Axis Residences 5

701 is a one-bedroom apartment of 762 sqft on the 7th floor of Axis Residences 5, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. It last sold on 13 May 2022 for AED 416,381, or AED 546 per sqft, 4% above the AED 526 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 10 October 2025, is AED 44,100 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 10,400 a year.

Sales and rents for 701 over time

Sales
Unit 701, each saleTypical one-bed in Axis Residences 5
200K400K600K20112015201920232027Typical sale price by year: 2011 AED 439,000; 2012 AED 388,500; 2013 AED 666,181; 2014 AED 473,040; 2015 AED 558,697; 2016 AED 237,500; 2017 AED 550,000; 2018 AED 455,000; 2020 AED 345,000; 2021 AED 322,500; 2022 AED 408,022; 2023 AED 385,000; 2024 AED 480,000; 2025 AED 541,000; 2026 AED 615,000Sold by developer, June 2012: AED 388,500 (AED 510 per sqft)Sold, May 2022: AED 416,381 (AED 546 per sqft)

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

Rents
Unit 701, each contractTypical one-bed in Axis Residences 5
40K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 37,500; 2014 AED 44,000; 2015 AED 51,838; 2016 AED 54,706; 2017 AED 50,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 34,000; 2021 AED 28,000; 2022 AED 30,000; 2023 AED 37,000; 2024 AED 44,000; 2025 AED 46,000; 2026 AED 47,366New contract, January 2013: AED 33,000 a yearNew contract, January 2015: AED 43,642 a yearRenewal, January 2016: AED 48,006 a yearRenewal, January 2017: AED 50,000 a yearNew contract, March 2019: AED 40,000 a yearNew contract, March 2020: AED 39,000 a yearNew contract, October 2021: AED 30,000 a yearNew contract, October 2022: AED 32,000 a yearRenewal, October 2023: AED 42,000 a yearRenewal, October 2024: AED 44,100 a yearRenewal, October 2025: AED 44,100 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 5, and where 701 sits

All 112 1-beds →

701 last sold in May 2022 at AED 546 per sqft, 4% above what one-beds in Axis Residences 5 were fetching at the time (AED 526). Over the last 12 months one-beds sold for AED 250,000 to 625,000, around AED 765 per sqft, and rent for AED 35,000 to 70,800 a year. 701's AED 44,100 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Jul 2026620,000
8 Apr 2026250,000
23 Mar 2026625,000
17 Mar 2026610,000
7 1-bed sales in the last 12 months

Axis Residences 5

Building

112 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 765
Typical sale
AED 615K
Typical rent
AED 48K /yr
Typical yield
8.0%
Axis Residences 5, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 112 units in Axis Residences 5
Value
7021-bedAED 400K · Jan 2024
7031-bedAED 420K · Oct 2023
7041-bedAED 461K · Jun 2014
7051-bedAED 370K · May 2012
7061-bedAED 330K · Sep 2022
7071-bedAED 445K · May 2022
7081-bedAED 400K · Jan 2024
1–7 of 13

701, Axis Residences 5 in numbers

  • Sold twice: first on 5 June 2012 for AED 388,500, last on 13 May 2022 for AED 416,381 (AED 546 per sqft).
  • Rented since January 2013 on 11 Ejari contracts, from AED 33,000 to AED 44,100 a year.
  • At AED 44,100 a year the gross yield on the 2022 price is 10.6%, before a service charge of about AED 10,400 a year (AED 13.65 per sqft).
  • One-beds in Axis Residences 5 sold for AED 250,000–625,000 in the 12 months to November 2026; the building's median across all types is AED 765 per sqft.

Source: Dubai Land Department. Updated 10 October 2025.

Questions about 701, Axis Residences 5

What did unit 701 last sell for?

AED 416,381 on 13 May 2022: AED 546 per sqft for 762 sqft. The unit has 2 registered sales; the first was AED 388,500 in June 2012.

What is the rent for unit 701?

AED 44,100 a year on the contract renewed on 10 October 2025. The previous contract, from October 2024, was AED 44,100; the unit has been rented since January 2013.

How big is unit 701?

762 sqft (70.8 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 701 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 5 sold for AED 250,000 to 625,000 in the last 12 months, around AED 765 per sqft.

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Mortgage on 701, Axis Residences 5

Starts from the last sale price (AED 416K, 13 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 416,381
Deposit, UAE resident (20%)
AED 83,276
Deposit, non-resident (40%)
AED 166,552
Monthly over 25 years at 3.7%
AED 1,704

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