Antioxidant properties of both fresh and convection oven-dried guavas (Psidium guajava L.) were determined. Guava slices of 1.0 cm wide, 3.0 cm long and 0.5cm thick (20 g) were subjected to convection drying at 40°C for 9, 12 and 14 hours, respectively, and their water activity, total phenolic content (TPC) and antioxidant activities were measured. Guavas that had been subjected to drying for 9, 12 and 14 hours were shown to achieve the water activity of 0.36-0.49. Ascorbic Acid Equivalent Antioxidant Capacity (AEAC) of guava was found to decrease for all the drying durations. Convection oven-drying of guava for 12 and 14 hours showed a significant decrease in TPC (p < 0.01) and Ferric Reducing Power Assay (FRP) (p < 0.01). Nine hours of convection oven-drying was shown to retain most of the TPC, AEAC and FRP of guava.