1-bed · 867 sqftAxis Residences 5, Dubai Silicon Oasis · 7th floor · completed 2010

710, Axis Residences 5

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

Unit 710 · DLD and Ejari recordsUpdated 28 April 2018
Last soldAED 1.34M3 May 2015
Current rentAED 35K /yr28 April 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 710, Axis Residences 5

What is 710 worth today?

Last sold for AED 1,343,400 in 2015

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28 Apr 2018RentedNew contract
AED 35,000/yr12 months · AED 40 per sqft
29 Jun 2015RentedNew contract
AED 40,000/yr12 months · AED 46 per sqft
3 May 2015Sold by developerReady
AED 1,343,400AED 1,549 per sqft

Source: Dubai Land Department. Updated 28 April 2018.

Key facts

Type
1-bed apartment
Size
867 sqft
Floor
7th of 8
Parking
105
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,800 /yr
Last sold
AED 1.34M · May 2015

About 710, Axis Residences 5

710 is a one-bedroom apartment of 867 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 3 May 2015 for AED 1,343,400, or AED 1,549 per sqft, 191% above the AED 532 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 28 April 2018, is AED 35,000 a year: a gross yield of 2.6% on the 2015 price, before the service charge of about AED 11,800 a year.

Sales and rents for 710 over time

Sales
Unit 710, each saleTypical one-bed in Axis Residences 5
1M20112015201920232027Typical 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 2015: AED 1,343,400 (AED 1,549 per sqft)

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

Rents
Unit 710, 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, June 2015: AED 40,000 a yearNew contract, April 2018: AED 35,000 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 710 sits

All 112 1-beds →

710 last sold in May 2015 at AED 1,549 per sqft, 191% above what one-beds in Axis Residences 5 were fetching at the time (AED 532). 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. 710's AED 35,000 is at the bottom 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
7051-bedAED 370K · May 2012
7061-bedAED 330K · Sep 2022
7071-bedAED 445K · May 2022
1–7 of 13

710, Axis Residences 5 in numbers

  • Sold once: by Gulf General Investments Co on 3 May 2015 for AED 1,343,400, or AED 1,549 per sqft.
  • Rented since June 2015 on 2 Ejari contracts, from AED 40,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2015 price is 2.6%, before a service charge of about AED 11,800 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 28 April 2018.

Questions about 710, Axis Residences 5

What did unit 710 last sell for?

AED 1,343,400 on 3 May 2015, sold by the developer: AED 1,549 per sqft for 867 sqft. It is the only registered sale of the unit.

What is the rent for unit 710?

AED 35,000 a year on the contract signed on 28 April 2018. The previous contract, from June 2015, was AED 40,000.

How big is unit 710?

867 sqft (80.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 710 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 710, Axis Residences 5

Starts from the last sale price (AED 1.34M, 3 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,343,400
Deposit, UAE resident (20%)
AED 268,680
Deposit, non-resident (40%)
AED 537,360
Monthly over 25 years at 3.7%
AED 5,496

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