1-bed · 773 sqftAxis Residences 2, Dubai Silicon Oasis · 2nd floor · completed 2014

214-B, Axis Residences 2

Sold prices and rental history: sold twice, last in November 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214-B · DLD and Ejari recordsUpdated 10 March 2021
Last soldAED 547K1 November 2017
Current rentAED 27K /yr10 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214-B, Axis Residences 2

What is 214-B worth today?

Last sold for AED 547,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

10 Mar 2021RentedNew contract
AED 26,500/yr12 months · AED 34 per sqft
3 Feb 2020RentedNew contract
AED 34,000/yr12 months · AED 44 per sqft
24 Dec 2018RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
24 Dec 2017RentedNew contract
AED 53,500/yr12 months · AED 69 per sqft
1 Nov 2017SoldReady
AED 547,000AED 707 per sqft
25 Dec 2016RentedNew contract
AED 55,500/yr12 months · AED 72 per sqft
14 Sep 2015Sold by developerReady
AED 522,493AED 675 per sqft
15 Dec 2014RentedNew contract
AED 60,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 10 March 2021.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
2nd of 8
Parking
75
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 547K · November 2017

About 214-B, Axis Residences 2

214-B is a one-bedroom apartment of 773 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. It last sold on 1 November 2017 for AED 547,000, or AED 707 per sqft, in line with the AED 701 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 March 2021, is AED 26,500 a year: a gross yield of 4.8% on the 2017 price, before the service charge of about AED 8,300 a year.

Sales and rents for 214-B over time

Sales
Unit 214-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, September 2015: AED 522,493 (AED 675 per sqft)Sold, November 2017: AED 547,000 (AED 707 per sqft)

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

Rents
Unit 214-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 56,000 a yearNew contract, December 2014: AED 60,000 a yearNew contract, December 2016: AED 55,500 a yearNew contract, December 2017: AED 53,500 a yearRenewal, December 2018: AED 45,000 a yearNew contract, February 2020: AED 34,000 a yearNew contract, March 2021: AED 26,500 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 214-B sits

All 268 1-beds →

214-B last sold in November 2017 at AED 707 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 701). 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. 214-B's AED 26,500 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

214-B, Axis Residences 2 in numbers

  • Sold twice: first on 14 September 2015 for AED 522,493, last on 1 November 2017 for AED 547,000 (AED 707 per sqft).
  • Rented since May 2014 on 7 Ejari contracts, from AED 56,000 to AED 26,500 a year.
  • At AED 26,500 a year the gross yield on the 2017 price is 4.8%, before a service charge of about AED 8,300 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 March 2021.

Questions about 214-B, Axis Residences 2

What did unit 214-B last sell for?

AED 547,000 on 1 November 2017: AED 707 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 522,493 in September 2015.

What is the rent for unit 214-B?

AED 26,500 a year on the contract signed on 10 March 2021. The previous contract, from February 2020, was AED 34,000; the unit has been rented since May 2014.

How big is unit 214-B?

773 sqft (71.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 214-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.

Selling 214-B? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 214-B, Axis Residences 2

Starts from the last sale price (AED 547K, 1 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 547,000
Deposit, UAE resident (20%)
AED 109,400
Deposit, non-resident (40%)
AED 218,800
Monthly over 25 years at 3.7%
AED 2,238

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