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1-bed · 1,082 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

301-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2017, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301-B · DLD and Ejari recordsUpdated 9 August 2022
Last soldAED 754K19 September 2017
Current rentAED 58K /yr9 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 301-B, Axis Residences 2

What is 301-B worth today?

Last sold for AED 753,511 in 2017

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9 Aug 2022RentedNew contract
AED 58,000/yr12 months · AED 53 per sqft
19 Sep 2017Sold by developerReady
AED 753,511AED 696 per sqft
8 Apr 2016RentedNew contract
AED 62,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 9 August 2022.

Key facts

Type
1-bed apartment
Size
1,082 sqft
Floor
3rd of 8
Parking
71
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 11,600 /yr
Last sold
AED 754K · September 2017
Building
Axis Residences 2

About 301-B, Axis Residences 2

301-B is a one-bedroom apartment of 1,082 sqft on the 3rd 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 19 September 2017 for AED 753,511, or AED 696 per sqft, in line with the AED 696 one-beds in the building were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, signed on 9 August 2022, is AED 58,000 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 11,600 a year.

Sales and rents for 301-B over time

Sales
Unit 301-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, September 2017: AED 753,511 (AED 696 per sqft)

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

Rents
Unit 301-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, April 2016: AED 62,000 a yearNew contract, August 2022: AED 58,000 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 301-B sits

All 268 1-beds →

301-B last sold in September 2017 at AED 696 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 696). 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. 301-B's AED 58,000 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 3rd floor

All 284 units in Axis Residences 2
Value
301-A1-bedAED 754K · Aug 2017
302-A1-bedAED 800K · Oct 2015
302-B1-bedAED 592K · Aug 2016
303-A1-bedAED 622K · Sep 2015
303-B1-bedAED 520K · Apr 2025
304-A1-bedAED 400K · Jan 2024
304-B1-bedAED 610K · Feb 2017
1–7 of 31

301-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 19 September 2017 for AED 753,511, or AED 696 per sqft.
  • Rented since April 2016 on 2 Ejari contracts, from AED 62,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2017 price is 7.7%, before a service charge of about AED 11,600 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 9 August 2022.

Questions about 301-B, Axis Residences 2

What did unit 301-B last sell for?

AED 753,511 on 19 September 2017, sold by the developer: AED 696 per sqft for 1,082 sqft. It is the only registered sale of the unit.

What is the rent for unit 301-B?

AED 58,000 a year on the contract signed on 9 August 2022. The previous contract, from April 2016, was AED 62,000.

How big is unit 301-B?

1,082 sqft (100.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 301-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 301-B, Axis Residences 2

Starts from the last sale price (AED 754K, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 753,511
Deposit, UAE resident (20%)
AED 150,702
Deposit, non-resident (40%)
AED 301,404
Monthly over 25 years at 3.7%
AED 3,083

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