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1-bed · 1,178 sqftAxis Residences 2, Dubai Silicon Oasis · 2nd floor · completed 2014

201-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in October 2015, and rented once, from January 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201-B · DLD and Ejari recordsUpdated 10 January 2016
Last soldAED 750K26 October 2015
Current rentAED 55K /yr10 January 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 201-B, Axis Residences 2

What is 201-B worth today?

Last sold for AED 749,835 in 2015

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10 Jan 2016RentedNew contract
AED 55,000/yr12 months · AED 47 per sqft
26 Oct 2015Sold by developerReady
AED 749,835AED 636 per sqft

Source: Dubai Land Department. Updated 10 January 2016.

Key facts

Type
1-bed apartment
Size
1,178 sqft
Floor
2nd of 8
Parking
88
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 12,600 /yr
Last sold
AED 750K · October 2015
Building
Axis Residences 2

About 201-B, Axis Residences 2

201-B is a one-bedroom apartment of 1,178 sqft on the 2nd floor of Axis Residences 2, a 8-storey tower in Dubai Silicon Oasis completed in 2014 by Gulf General Investments Co. The developer sold it on 26 October 2015 for AED 749,835, or AED 636 per sqft, 7% below the AED 684 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 January 2016. The current contract, signed on 10 January 2016, is AED 55,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 12,600 a year.

Sales and rents for 201-B over time

Sales
Unit 201-B, each saleTypical one-bed in Axis Residences 2
400K600K800K2013201720212025Typical sale price by year: 2013 AED 466,422; 2014 AED 530,524; 2015 AED 539,797; 2016 AED 547,955; 2017 AED 548,478; 2018 AED 532,169; 2019 AED 380,000; 2020 AED 338,500; 2021 AED 330,000; 2022 AED 325,000; 2023 AED 387,500; 2024 AED 450,000; 2025 AED 540,000; 2026 AED 537,500Sold by developer, October 2015: AED 749,835 (AED 636 per sqft)

201-B has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 201-B, each contractTypical one-bed in Axis Residences 2
40K60K2014201820222026Typical rent by year: 2014 AED 57,985; 2015 AED 59,000; 2016 AED 58,000; 2017 AED 53,000; 2018 AED 45,500; 2019 AED 38,000; 2020 AED 31,000; 2021 AED 28,000; 2022 AED 32,000; 2023 AED 36,800; 2024 AED 43,890; 2025 AED 47,000; 2026 AED 50,000New contract, January 2016: AED 55,000 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 2, and where 201-B sits

All 268 1-beds →

201-B last sold in October 2015 at AED 636 per sqft, 7% below what one-beds in Axis Residences 2 were fetching at the time (AED 684). Over the last 12 months one-beds sold for AED 500,000 to 650,000, around AED 699 per sqft, and rent for AED 22,000 to 75,000 a year. 201-B's AED 55,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 2026520,000
10 Jul 2026555,000
24 Jun 2026500,000
14 May 2026568,000
7 1-bed sales in the last 12 months

Axis Residences 2

Building

284 apartments, 1-bed to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2014 by Gulf General Investments Co. 7 sold in the last 12 months.

Typical price per sqft
AED 699
Typical sale
AED 555K
Typical rent
AED 50K /yr
Typical yield
8.9%
Axis Residences 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 284 units in Axis Residences 2
Value
201-A1-bedAED 670K · Mar 2017
202-A1-bedAED 720K · Aug 2014
202-B1-bedAED 580K · Feb 2017
203-A1-bedNo registered sale
203-B1-bedAED 380K · Jun 2020
204-A1-bedAED 534K · Dec 2017
204-B1-bedAED 522K · Mar 2014
1–7 of 31

201-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 26 October 2015 for AED 749,835, or AED 636 per sqft.
  • Rented since January 2016 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 12,600 a year (AED 10.71 per sqft).
  • One-beds in Axis Residences 2 sold for AED 500,000–650,000 in the 12 months to November 2026; the building's median across all types is AED 699 per sqft.

Source: Dubai Land Department. Updated 10 January 2016.

Questions about 201-B, Axis Residences 2

What did unit 201-B last sell for?

AED 749,835 on 26 October 2015, sold by the developer: AED 636 per sqft for 1,178 sqft. It is the only registered sale of the unit.

What is the rent for unit 201-B?

AED 55,000 a year on the contract signed on 10 January 2016.

How big is unit 201-B?

1,178 sqft (109.4 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 201-B 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 2 sold for AED 500,000 to 650,000 in the last 12 months, around AED 699 per sqft.

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Mortgage on 201-B, Axis Residences 2

Starts from the last sale price (AED 750K, 26 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 749,835
Deposit, UAE resident (20%)
AED 149,967
Deposit, non-resident (40%)
AED 299,934
Monthly over 25 years at 3.7%
AED 3,068

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