1-bed · 968 sqftAxis Residences 4, Dubai Silicon Oasis · 7th floor · completed 2009

704, Axis Residences 4

Sold prices and rental history: sold twice, last in September 2019, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 25 March 2022
Last soldAED 470K2 September 2019
Current rentAED 35K /yr25 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Axis Residences 4

What is 704 worth today?

Last sold for AED 470,000 in 2019

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25 Mar 2022RentedRenewal
AED 35,000/yr12 months · AED 36 per sqft
25 Mar 2021RentedNew contract
AED 32,000/yr12 months · AED 33 per sqft
25 Mar 2020RentedNew contract
AED 38,000/yr12 months · AED 39 per sqft
2 Sep 2019SoldReady
AED 470,000AED 485 per sqft
25 Mar 2019RentedRenewal
AED 44,000/yr12 months · AED 45 per sqft
25 Mar 2018RentedRenewal
AED 52,000/yr12 months · AED 54 per sqft
25 Mar 2017RentedRenewal
AED 59,000/yr12 months · AED 61 per sqft
25 Mar 2016RentedNew contract
AED 63,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 25 March 2022.

Key facts

Type
1-bed apartment
Size
968 sqft
Floor
7th of 100
Parking
101
Developer
Gulf General Investments Co
Completed
2009
Service charge
AED 11,400 /yr
Last sold
AED 470K · September 2019

About 704, Axis Residences 4

704 is a one-bedroom apartment of 968 sqft on the 7th floor of Axis Residences 4, a 100-storey tower in Dubai Silicon Oasis completed in 2009 by Gulf General Investments Co. It last sold on 2 September 2019 for AED 470,000, or AED 485 per sqft, 5% below the AED 511 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 25 March 2022, is AED 35,000 a year: a gross yield of 7.4% on the 2019 price, before the service charge of about AED 11,400 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Axis Residences 4
500K1M1.5M20112015201920232027Typical sale price by year: 2011 AED 514,900; 2012 AED 509,250; 2013 AED 844,053; 2014 AED 1,398,000; 2015 AED 610,000; 2016 AED 587,500; 2017 AED 600,000; 2018 AED 515,000; 2019 AED 415,000; 2021 AED 500,000; 2022 AED 385,000; 2023 AED 358,000; 2024 AED 495,000; 2025 AED 540,000; 2026 AED 595,000Sold by developer, August 2015: AED 1,044,425 (AED 1,079 per sqft)Sold, September 2019: AED 470,000 (AED 485 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 4
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 36,000; 2014 AED 50,000; 2015 AED 55,000; 2016 AED 57,500; 2017 AED 52,200; 2018 AED 46,000; 2019 AED 40,000; 2020 AED 33,000; 2021 AED 28,000; 2022 AED 31,000; 2023 AED 37,000; 2024 AED 42,175; 2025 AED 45,000; 2026 AED 53,750New contract, March 2016: AED 63,000 a yearRenewal, March 2017: AED 59,000 a yearRenewal, March 2018: AED 52,000 a yearRenewal, March 2019: AED 44,000 a yearNew contract, March 2020: AED 38,000 a yearNew contract, March 2021: AED 32,000 a yearRenewal, March 2022: 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 4, and where 704 sits

All 114 1-beds →

704 last sold in September 2019 at AED 485 per sqft, 5% below what one-beds in Axis Residences 4 were fetching at the time (AED 511). Over the last 12 months one-beds sold for AED 400,000 to 742,000, around AED 730 per sqft, and rent for AED 39,960 to 58,000 a year. 704's AED 35,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
11 Feb 2026590,000
11 Feb 2026575,000
10 Feb 2026595,000
3 Feb 2026595,000
19 1-bed sales in the last 12 months

Axis Residences 4

Building

128 apartments, 1-bed over 100 floors in Dubai Silicon Oasis, completed in 2009 by Gulf General Investments Co. 19 sold in the last 12 months.

Typical price per sqft
AED 730 Up 14.1%
Typical sale
AED 595K
Typical rent
AED 55K /yr
Typical yield
9.4%
Axis Residences 4, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 128 units in Axis Residences 4
Value
7011-bedAED 711K · Jun 2012
7021-bedAED 450K · May 2024
703AED 400K · Nov 2025
7051-bedAED 520K · Apr 2025
7061-bedAED 1.41M · Jul 2015
7071-bedAED 500K · Jul 2024
7081-bedAED 500K · Apr 2021
1–7 of 15

704, Axis Residences 4 in numbers

  • Sold twice: first on 5 August 2015 for AED 1,044,425, last on 2 September 2019 for AED 470,000 (AED 485 per sqft).
  • Rented since March 2016 on 7 Ejari contracts, from AED 63,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2019 price is 7.4%, before a service charge of about AED 11,400 a year (AED 11.74 per sqft).
  • One-beds in Axis Residences 4 sold for AED 400,000–742,000 in the 12 months to November 2026; the building's median across all types is AED 730 per sqft.

Source: Dubai Land Department. Updated 25 March 2022.

Questions about 704, Axis Residences 4

What did unit 704 last sell for?

AED 470,000 on 2 September 2019: AED 485 per sqft for 968 sqft. The unit has 2 registered sales; the first was AED 1,044,425 in August 2015.

What is the rent for unit 704?

AED 35,000 a year on the contract renewed on 25 March 2022. The previous contract, from March 2021, was AED 32,000; the unit has been rented since March 2016.

How big is unit 704?

968 sqft (89.9 sqm): a one-bedroom apartment on the 7th floor of a 100-storey tower completed in 2009.

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 4 sold for AED 400,000 to 742,000 in the last 12 months, around AED 730 per sqft.

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Mortgage on 704, Axis Residences 4

Starts from the last sale price (AED 470K, 2 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 470,000
Deposit, UAE resident (20%)
AED 94,000
Deposit, non-resident (40%)
AED 188,000
Monthly over 25 years at 3.7%
AED 1,923

Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →