1-bed · 755 sqftAxis Residences 2, Dubai Silicon Oasis · 2nd floor · completed 2014

215-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 215-B · DLD and Ejari recordsUpdated 17 October 2026
Last soldAED 521K27 July 2015
Current rentAED 50K /yr17 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215-B, Axis Residences 2

What is 215-B worth today?

Last sold for AED 520,879 in 2015

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17 Oct 2026RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft
20 Aug 2024RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
8 Feb 2024RentedNew contract
AED 46,000/yr12 months · AED 61 per sqft
15 Jan 2019RentedNew contract
AED 38,000/yr12 months · AED 50 per sqft
24 Dec 2017RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
27 Jul 2015Sold by developerReady
AED 520,879AED 689 per sqft
14 Jun 2014RentedNew contract
AED 56,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 17 October 2026.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
2nd of 8
Parking
74
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 521K · July 2015

About 215-B, Axis Residences 2

215-B is a one-bedroom apartment of 755 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 27 July 2015 for AED 520,879, or AED 689 per sqft, in line with the AED 695 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 17 October 2026, is AED 50,000 a year: a gross yield of 9.6% on the 2015 price, before the service charge of about AED 8,100 a year.

Sales and rents for 215-B over time

Sales
Unit 215-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, July 2015: AED 520,879 (AED 689 per sqft)

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

Rents
Unit 215-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, June 2014: AED 56,000 a yearNew contract, December 2017: AED 55,000 a yearNew contract, January 2019: AED 38,000 a yearNew contract, February 2024: AED 46,000 a yearNew contract, August 2024: AED 48,000 a yearNew contract, October 2026: AED 50,000 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 215-B sits

All 268 1-beds →

215-B last sold in July 2015 at AED 689 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 695). 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. 215-B's AED 50,000 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
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

215-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 27 July 2015 for AED 520,879, or AED 689 per sqft.
  • Rented since June 2014 on 6 Ejari contracts. The rent fell from AED 56,000 to AED 38,000 in 2019 and recovered to AED 50,000 by October 2026.
  • At AED 50,000 a year the gross yield on the 2015 price is 9.6%, before a service charge of about AED 8,100 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 17 October 2026.

Questions about 215-B, Axis Residences 2

What did unit 215-B last sell for?

AED 520,879 on 27 July 2015, sold by the developer: AED 689 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit 215-B?

AED 50,000 a year on the contract signed on 17 October 2026. The previous contract, from August 2024, was AED 48,000; the unit has been rented since June 2014.

How big is unit 215-B?

755 sqft (70.1 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 215-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 215-B, Axis Residences 2

Starts from the last sale price (AED 521K, 27 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 520,879
Deposit, UAE resident (20%)
AED 104,176
Deposit, non-resident (40%)
AED 208,352
Monthly over 25 years at 3.7%
AED 2,131

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