1-bed · 802 sqftAxis Residences 2, Dubai Silicon Oasis · 2nd floor · completed 2014

204-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204-B · DLD and Ejari recordsUpdated 29 May 2025
Last soldAED 522K9 March 2014
Current rentAED 35K /yr29 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204-B, Axis Residences 2

What is 204-B worth today?

Last sold for AED 521,527 in 2014

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29 May 2025RentedRenewal
AED 35,000/yr12 months · AED 44 per sqft
29 May 2025RentedRenewal
AED 35,000/yr12 months · AED 44 per sqft
29 May 2024RentedNew contract
AED 33,000/yr12 months · AED 41 per sqft
1 May 2023RentedNew contract
AED 34,500/yr12 months · AED 43 per sqft
1 May 2022RentedNew contract
AED 32,000/yr12 months · AED 40 per sqft
20 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
23 Oct 2015RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
25 May 2014RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 29 May 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
2nd of 8
Parking
85
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 522K · March 2014

About 204-B, Axis Residences 2

204-B is a one-bedroom apartment of 802 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 9 March 2014 for AED 521,527, or AED 650 per sqft, 8% above the AED 600 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 29 May 2025, is AED 35,000 a year: a gross yield of 6.7% on the 2014 price, before the service charge of about AED 8,600 a year.

Sales and rents for 204-B over time

Sales
Unit 204-B, each saleTypical one-bed in Axis Residences 2
400K2013201720212025Typical 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, March 2014: AED 521,527 (AED 650 per sqft)

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

Rents
Unit 204-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, May 2014: AED 60,000 a yearNew contract, October 2015: AED 60,000 a yearNew contract, December 2017: AED 50,000 a yearNew contract, May 2022: AED 32,000 a yearNew contract, May 2023: AED 34,500 a yearNew contract, May 2024: AED 33,000 a yearRenewal, May 2025: AED 35,000 a yearRenewal, May 2025: 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 2, and where 204-B sits

All 268 1-beds →

204-B last sold in March 2014 at AED 650 per sqft, 8% above what one-beds in Axis Residences 2 were fetching at the time (AED 600). 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. 204-B's AED 35,000 is in the lower 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
201-B1-bedAED 750K · Oct 2015
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
1–7 of 31

204-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 9 March 2014 for AED 521,527, or AED 650 per sqft.
  • Rented since May 2014 on 8 Ejari contracts, from AED 60,000 to AED 35,000 a year.
  • At AED 35,000 a year the gross yield on the 2014 price is 6.7%, before a service charge of about AED 8,600 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 29 May 2025.

Questions about 204-B, Axis Residences 2

What did unit 204-B last sell for?

AED 521,527 on 9 March 2014, sold by the developer: AED 650 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit 204-B?

AED 35,000 a year on the contract renewed on 29 May 2025. The previous contract, from May 2025, was AED 35,000; the unit has been rented since May 2014.

How big is unit 204-B?

802 sqft (74.5 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 204-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 204-B, Axis Residences 2

Starts from the last sale price (AED 522K, 9 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 521,527
Deposit, UAE resident (20%)
AED 104,305
Deposit, non-resident (40%)
AED 208,611
Monthly over 25 years at 3.7%
AED 2,134

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