1-bed · 758 sqftAxis Residences 5, Dubai Silicon Oasis · 7th floor · completed 2010

705, Axis Residences 5

Sold prices and rental history: sold once, by the developer in May 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 705 · DLD and Ejari recordsUpdated 6 May 2026
Last soldAED 370K16 May 2012
Current rentAED 55K /yr6 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 705, Axis Residences 5

What is 705 worth today?

Last sold for AED 370,000 in 2012

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6 May 2026RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
6 May 2025RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
6 May 2025RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
20 Nov 2018RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
2 Sep 2016RentedNew contract
AED 65,000/yr12 months · AED 86 per sqft
20 Aug 2015RentedNew contract
AED 70,000/yr12 months · AED 93 per sqft
16 May 2012Sold by developerReady
AED 370,000AED 488 per sqft

Source: Dubai Land Department. Updated 6 May 2026.

Key facts

Type
1-bed apartment
Size
758 sqft
Floor
7th of 8
Parking
100
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,300 /yr
Last sold
AED 370K · May 2012

About 705, Axis Residences 5

705 is a one-bedroom apartment of 758 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. The developer sold it on 16 May 2012 for AED 370,000, or AED 488 per sqft, 18% below the AED 598 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 6 May 2026, is AED 55,000 a year: a gross yield of 14.9% on the 2012 price, before the service charge of about AED 10,300 a year.

Sales and rents for 705 over time

Sales
Unit 705, 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, May 2012: AED 370,000 (AED 488 per sqft)

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

Rents
Unit 705, each contractTypical one-bed in Axis Residences 5
40K60K2012201620202024Typical 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, August 2015: AED 70,000 a yearNew contract, September 2016: AED 65,000 a yearNew contract, November 2018: AED 50,000 a yearNew contract, May 2025: AED 55,000 a yearNew contract, May 2025: AED 55,000 a yearRenewal, May 2026: AED 55,000 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 5, and where 705 sits

All 112 1-beds →

705 last sold in May 2012 at AED 488 per sqft, 18% below what one-beds in Axis Residences 5 were fetching at the time (AED 598). 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. 705's AED 55,000 is in the upper 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
7011-bedAED 416K · May 2022
7021-bedAED 400K · Jan 2024
7031-bedAED 420K · Oct 2023
7041-bedAED 461K · Jun 2014
7061-bedAED 330K · Sep 2022
7071-bedAED 445K · May 2022
7081-bedAED 400K · Jan 2024
1–7 of 13

705, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 16 May 2012 for AED 370,000, or AED 488 per sqft.
  • Rented since August 2015 on 6 Ejari contracts, from AED 70,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2012 price is 14.9%, before a service charge of about AED 10,300 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 6 May 2026.

Questions about 705, Axis Residences 5

What did unit 705 last sell for?

AED 370,000 on 16 May 2012, sold by the developer: AED 488 per sqft for 758 sqft. It is the only registered sale of the unit.

What is the rent for unit 705?

AED 55,000 a year on the contract renewed on 6 May 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since August 2015.

How big is unit 705?

758 sqft (70.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 705 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 705, Axis Residences 5

Starts from the last sale price (AED 370K, 16 May 2012). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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