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1-bed · 870 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

302-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 302-A · DLD and Ejari recordsUpdated 11 October 2015
Last soldAED 800K11 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 302-A, Axis Residences 2

What is 302-A worth today?

Last sold for AED 800,000 in 2015

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11 Oct 2015Sold by developerReady
AED 800,000AED 919 per sqft

Source: Dubai Land Department. Updated 11 October 2015.

Key facts

Type
1-bed apartment
Size
870 sqft
Floor
3rd of 8
Parking
35
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 9,300 /yr
Last sold
AED 800K · October 2015
Building
Axis Residences 2

About 302-A, Axis Residences 2

302-A is a one-bedroom apartment of 870 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 11 October 2015 for AED 800,000, or AED 919 per sqft, 34% above the AED 684 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 302-A over time

Sales
Unit 302-A, each saleTypical one-bed in Axis Residences 2
250K500K750K2013201720212025Typical 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 800,000 (AED 919 per sqft)

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

Rents
Unit 302-A, 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 50,000

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 302-A sits

All 268 1-beds →

302-A last sold in October 2015 at AED 919 per sqft, 34% above 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.

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
301-B1-bedAED 754K · Sep 2017
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

302-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 11 October 2015 for AED 800,000, or AED 919 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 11 October 2015.

Questions about 302-A, Axis Residences 2

What did unit 302-A last sell for?

AED 800,000 on 11 October 2015, sold by the developer: AED 919 per sqft for 870 sqft. It is the only registered sale of the unit.

How big is unit 302-A?

870 sqft (80.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 302-A 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 302-A, Axis Residences 2

Starts from the last sale price (AED 800K, 11 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

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