706, Axis Residences 5
Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Axis Residences 5
What is 706 worth today?
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Source: Dubai Land Department. Updated 16 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 797 sqft
- Floor
- 7th of 8
- Parking
- 101
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 330K · September 2022
- Building
- Axis Residences 5
About 706, Axis Residences 5
706 is a one-bedroom apartment of 797 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 16 September 2022 for AED 330,000, or AED 414 per sqft, 21% below the AED 526 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 1 July 2021, is AED 26,000 a year: a gross yield of 7.9% on the 2022 price, before the service charge of about AED 10,900 a year.
Sales and rents for 706 over time
706 has sold twice; 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 5, and where 706 sits
All 112 1-beds →706 last sold in September 2022 at AED 414 per sqft, 21% below 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. 706's AED 26,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20262 July 2026 | 844 sqft | 620,000 | 734 | ||
| 8 Apr 20268 April 2026 | 364 sqft | 250,000 | 686 | ||
| 23 Mar 202623 March 2026 | 762 sqft | 625,000 | 820 | ||
| 17 Mar 202617 March 2026 | 797 sqft | 610,000 | 765 |
Axis Residences 5
Building112 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%
Other units on the 7th floor
All 112 units in Axis Residences 5| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 762 sqft | AED 416KAED 416,381 · May 2022May 2022 | 44,100 /yr | |
| 702 | 1-bed | 652 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 28,000 /yr | |
| 703 | 1-bed | 854 sqft | AED 420KAED 420,000 · Oct 2023October 2023 | 42,525 /yr | |
| 704 | 1-bed | 855 sqft | AED 461KAED 461,160 · Jun 2014June 2014 | 45,000 /yr | |
| 705 | 1-bed | 758 sqft | AED 370KAED 370,000 · May 2012May 2012 | 55,000 /yr | |
| 707 | 1-bed | 855 sqft | AED 445KAED 445,416 · May 2022May 2022 | 45,200 /yr | |
| 708 | 1-bed | 808 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 45,000 /yr | |
| 709 | 1-bed | 729 sqft | AED 394KAED 394,226 · May 2022May 2022 | 45,200 /yr | |
| 710 | 1-bed | 867 sqft | AED 1.34MAED 1,343,400 · May 2015May 2015 | 35,000 /yr | |
| 711 | 1-bed | 889 sqft | No registered sale | 48,000 /yr | |
| 712 | 1-bed | 610 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 46,000 /yr | |
| 713 | 1-bed | 784 sqft | AED 505KAED 505,400 · Jun 2015June 2015 | 44,400 /yr | |
| 714 | 1-bed | 844 sqft | AED 480KAED 480,000 · Apr 2024April 2024 | 28,000 /yr |
706, Axis Residences 5 in numbers
- Sold twice: first on 15 June 2014 for AED 375,000, last on 16 September 2022 for AED 330,000 (AED 414 per sqft).
- Rented since February 2015 on 4 Ejari contracts, from AED 40,000 to AED 26,000 a year.
- At AED 26,000 a year the gross yield on the 2022 price is 7.9%, before a service charge of about AED 10,900 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 16 September 2022.
Questions about 706, Axis Residences 5
What did unit 706 last sell for?
AED 330,000 on 16 September 2022: AED 414 per sqft for 797 sqft. The unit has 2 registered sales; the first was AED 375,000 in June 2014.
What is the rent for unit 706?
AED 26,000 a year on the contract signed on 1 July 2021. The previous contract, from June 2020, was AED 33,500; the unit has been rented since February 2015.
How big is unit 706?
797 sqft (74.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 706 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 706, Axis Residences 5
Starts from the last sale price (AED 330K, 16 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 330,000
- Deposit, UAE resident (20%)
- AED 66,000
- Deposit, non-resident (40%)
- AED 132,000
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →