1-bed · 754 sqftAxis Residences 6, Dubai Silicon Oasis · 7th floor · completed 2013

709, Axis Residences 6

Sold prices and rental history: sold 3 times, last in September 2022, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 709 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 340K12 September 2022
Current rentAED 43K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 709, Axis Residences 6

What is 709 worth today?

Last sold for AED 340,000 in 2022

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25 Sep 2024RentedNew contract
AED 42,500/yr12 months · AED 56 per sqft
12 Sep 2022SoldReady
AED 340,000AED 450 per sqft
25 Jul 2016RentedNew contract
AED 57,000/yr12 months · AED 76 per sqft
22 Jun 2016SoldReady
AED 615,000AED 815 per sqft
15 Jul 2015Sold by developerReady
AED 601,964AED 798 per sqft
13 Dec 2013RentedNew contract
AED 54,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
754 sqft
Floor
7th of 8
Parking
97
Developer
Gulf General Investments Co
Completed
2013
Service charge
AED 10,500 /yr
Last sold
AED 340K · September 2022

About 709, Axis Residences 6

709 is a one-bedroom apartment of 754 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 12 September 2022 for AED 340,000, or AED 450 per sqft, in line with the AED 462 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 25 September 2024, is AED 42,500 a year: a gross yield of 12.5% on the 2022 price, before the service charge of about AED 10,500 a year.

Sales and rents for 709 over time

Sales
Unit 709, 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 601,964 (AED 798 per sqft)Sold, June 2016: AED 615,000 (AED 815 per sqft)Sold, September 2022: AED 340,000 (AED 450 per sqft)

709 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 709, 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, December 2013: AED 54,000 a yearNew contract, July 2016: AED 57,000 a yearNew contract, September 2024: AED 42,500 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 709 sits

All 106 1-beds →

709 last sold in September 2022 at AED 450 per sqft, in line with what one-beds in Axis Residences 6 were fetching at the time (AED 462). 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. 709's AED 42,500 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
7041-bedAED 590K · Aug 2017
7052-bedAED 520K · May 2018
7061-bedAED 590K · Dec 2024
7071-bedAED 530K · Dec 2017
1–7 of 13

709, Axis Residences 6 in numbers

  • Sold 3 times: first on 15 July 2015 for AED 601,964, last on 12 September 2022 for AED 340,000 (AED 450 per sqft).
  • Rented since December 2013 on 3 Ejari contracts, from AED 54,000 to AED 42,500 a year.
  • At AED 42,500 a year the gross yield on the 2022 price is 12.5%, before a service charge of about AED 10,500 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 25 September 2024.

Questions about 709, Axis Residences 6

What did unit 709 last sell for?

AED 340,000 on 12 September 2022: AED 450 per sqft for 754 sqft. The unit has 3 registered sales; the first was AED 601,964 in July 2015.

What is the rent for unit 709?

AED 42,500 a year on the contract signed on 25 September 2024. The previous contract, from July 2016, was AED 57,000; the unit has been rented since December 2013.

How big is unit 709?

754 sqft (70.0 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2013.

What is unit 709 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 709, Axis Residences 6

Starts from the last sale price (AED 340K, 12 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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