707, Axis Residences 5
Sold prices and rental history: sold twice, last in May 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 707, Axis Residences 5
What is 707 worth today?
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Source: Dubai Land Department. Updated 15 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 855 sqft
- Floor
- 7th of 8
- Parking
- 102
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,700 /yr
- Last sold
- AED 445K · May 2022
- Building
- Axis Residences 5
About 707, Axis Residences 5
707 is a one-bedroom apartment of 855 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 13 May 2022 for AED 445,416, or AED 521 per sqft, in line with the AED 526 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 43,020 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 11,700 a year.
Sales and rents for 707 over time
707 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 707 sits
All 109 1-beds →707 last sold in May 2022 at AED 521 per sqft, in line with what one-beds in Axis Residences 5 were fetching at the time (AED 526). Over the last 12 months one-beds sold for AED 610,000 to 615,000, around AED 841 per sqft, and rent for AED 35,000 to 61,000 a year. 707's AED 43,020 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202516 June 2025 | 610 sqft | 490,000 | 802 | ||
| 21 May 202521 May 2025 | 758 sqft | 570,000 | 752 | ||
| 24 Dec 202424 December 2024 | 808 sqft | 530,000 | 656 | ||
| 5 Nov 20245 November 2024 | 758 sqft | 525,000 | 693 |
Axis Residences 5
Building112 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 2 sold in the last 12 months.
- Typical price per sqft
- AED 841
- Typical sale
- AED 613K
- Typical rent
- AED 49K /yr
- Typical yield
- 7.4%
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 | 42,504 /yr | |
| 705 | 1-bed | 758 sqft | AED 370KAED 370,000 · May 2012May 2012 | 55,000 /yr | |
| 706 | 1-bed | 797 sqft | AED 330KAED 330,000 · Sep 2022September 2022 | 26,000 /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 | 43,010 /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 |
707, Axis Residences 5 in numbers
- Sold twice: first on 5 June 2012 for AED 438,375, last on 13 May 2022 for AED 445,416 (AED 521 per sqft).
- Rented since October 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 21,687 in 2022 and recovered to AED 43,020 by April 2025.
- At AED 43,020 a year the gross yield on the 2022 price is 9.7%, before a service charge of about AED 11,700 a year (AED 13.65 per sqft).
- One-beds in Axis Residences 5 sold for AED 610,000–615,000 in the 12 months to November 2026; the building's median across all types is AED 841 per sqft.
Source: Dubai Land Department. Updated 15 April 2025.
Questions about 707, Axis Residences 5
What did unit 707 last sell for?
AED 445,416 on 13 May 2022: AED 521 per sqft for 855 sqft. The unit has 2 registered sales; the first was AED 438,375 in June 2012.
What is the rent for unit 707?
AED 43,020 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 39,100; the unit has been rented since October 2015.
How big is unit 707?
855 sqft (79.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 707 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 610,000 to 615,000 in the last 12 months, around AED 841 per sqft.
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Mortgage on 707, Axis Residences 5
Starts from the last sale price (AED 445K, 13 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 445,416
- Deposit, UAE resident (20%)
- AED 89,083
- Deposit, non-resident (40%)
- AED 178,166
- Monthly over 25 years at 3.7%
- AED 1,822
Plus AED 21,618 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →