1-bed · 846 sqftAxis Residences 6, Dubai Silicon Oasis · 7th floor · completed 2013

704, Axis Residences 6

Sold prices and rental history: sold twice, last in August 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 590K22 August 2017
Current rentAED 45K /yr18 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Axis Residences 6

What is 704 worth today?

Last sold for AED 590,000 in 2017

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18 Jul 2024RentedNew contract
AED 45,000/yr13 months · AED 53 per sqft
22 Aug 2017SoldReady
AED 590,000AED 697 per sqft
1 Mar 2017RentedNew contract
AED 59,839/yr12 months · AED 70 per sqft
15 Jul 2015Sold by developerReady
AED 727,740AED 860 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
1-bed apartment
Size
846 sqft
Floor
7th of 8
Parking
92
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 11,800 /yr
Last sold
AED 590K · August 2017

About 704, Axis Residences 6

704 is a one-bedroom apartment of 846 sqft on the 7th floor of Axis Residences 6, a 8-storey tower in Dubai Silicon Oasis completed in 2013 by Gulf General Investments Co. It last sold on 22 August 2017 for AED 590,000, or AED 697 per sqft, 12% below the AED 791 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 18 July 2024, is AED 45,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 11,800 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Axis Residences 6
400K600K2014201820222026Typical sale price by year: 2014 AED 588,385; 2015 AED 603,682; 2016 AED 605,000; 2017 AED 555,000; 2018 AED 510,000; 2019 AED 453,894; 2020 AED 370,000; 2022 AED 362,000; 2023 AED 387,500; 2024 AED 435,000; 2025 AED 572,500; 2026 AED 617,500Sold by developer, July 2015: AED 727,740 (AED 860 per sqft)Sold, August 2017: AED 590,000 (AED 697 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Axis Residences 6
40K60K2013201720212025Typical rent by year: 2013 AED 52,717; 2014 AED 55,000; 2015 AED 60,000; 2016 AED 57,750; 2017 AED 54,000; 2018 AED 50,000; 2019 AED 40,500; 2020 AED 35,952; 2021 AED 30,000; 2022 AED 34,000; 2023 AED 39,000; 2024 AED 48,500; 2025 AED 52,000; 2026 AED 50,000New contract, March 2017: AED 59,839 a yearNew contract, July 2024: AED 45,000 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 6, and where 704 sits

All 106 1-beds →

704 last sold in August 2017 at AED 697 per sqft, 12% below what one-beds in Axis Residences 6 were fetching at the time (AED 791). Over the last 12 months one-beds sold for AED 535,000 to 725,000, around AED 820 per sqft, and rent for AED 25,000 to 90,000 a year. 704's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Sep 2026610,000
18 Sep 2026615,000
8 Aug 2026570,000
11 Jun 2026548,931
12 1-bed sales in the last 12 months

Axis Residences 6

Building

112 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2013 by Gulf General Investments Co. 14 sold in the last 12 months.

Typical price per sqft
AED 820 Up 14.1%
Typical sale
AED 618K
Typical rent
AED 51K /yr
Typical yield
8.4%
Axis Residences 6, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 112 units in Axis Residences 6
Value
7011-bedNo registered sale
7021-bedAED 535K · Nov 2025
7031-bedNo registered sale
7052-bedAED 520K · May 2018
7061-bedAED 590K · Dec 2024
7071-bedAED 530K · Dec 2017
7081-bedAED 592K · Dec 2019
1–7 of 13

704, Axis Residences 6 in numbers

  • Sold twice: first on 15 July 2015 for AED 727,740, last on 22 August 2017 for AED 590,000 (AED 697 per sqft).
  • Rented since March 2017 on 2 Ejari contracts, from AED 59,839 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 11,800 a year (AED 13.96 per sqft).
  • One-beds in Axis Residences 6 sold for AED 535,000–725,000 in the 12 months to November 2026; the building's median across all types is AED 820 per sqft.

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 704, Axis Residences 6

What did unit 704 last sell for?

AED 590,000 on 22 August 2017: AED 697 per sqft for 846 sqft. The unit has 2 registered sales; the first was AED 727,740 in July 2015.

What is the rent for unit 704?

AED 45,000 a year on the contract signed on 18 July 2024. The previous contract, from March 2017, was AED 59,839.

How big is unit 704?

846 sqft (78.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2013.

What is unit 704 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 6 sold for AED 535,000 to 725,000 in the last 12 months, around AED 820 per sqft.

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Mortgage on 704, Axis Residences 6

Starts from the last sale price (AED 590K, 22 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 590,000
Deposit, UAE resident (20%)
AED 118,000
Deposit, non-resident (40%)
AED 236,000
Monthly over 25 years at 3.7%
AED 2,414

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