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

302-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 302-B · DLD and Ejari recordsUpdated 10 October 2024

Last soldAED 592K8 August 2016

Current rentAED 51K /yr10 October 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 302-B, Axis Residences 2

Today

What is 302-B worth today?

Last sold for AED 591,586 in 2016

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10 Oct 2024

10 Oct 2024RentedNew contract

AED 51,000/yr12 months · AED 59 per sqft

25 Jan 2023

25 Jan 2023RentedRenewal

AED 33,000/yr12 months · AED 38 per sqft

25 Jan 2022

25 Jan 2022RentedRenewal

AED 30,000/yr12 months · AED 34 per sqft

25 Jan 2021

25 Jan 2021RentedRenewal

AED 33,000/yr12 months · AED 38 per sqft

25 Jan 2020

25 Jan 2020RentedNew contract

AED 36,000/yr12 months · AED 41 per sqft

1 Aug 2018

1 Aug 2018RentedNew contract

AED 46,000/yr12 months · AED 53 per sqft

1 Jun 2017

1 Jun 2017RentedNew contract

AED 60,000/yr12 months · AED 69 per sqft

8 Aug 2016

8 Aug 2016Sold by developerReady

AED 591,586AED 680 per sqft

Source: Dubai Land Department. Updated 10 October 2024.

Key facts

Type: 1-bed apartment
Size: 870 sqft
Floor: 3rd of 8
Parking: 70
Developer: Gulf General Investments Co
Completed: 2014
Service charge: AED 9,300 /yr
Last sold: AED 592K · August 2016
Building: Axis Residences 2

About 302-B, Axis Residences 2

302-B 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 8 August 2016 for AED 591,586, or AED 680 per sqft, in line with the AED 679 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 10 October 2024, is AED 51,000 a year: a gross yield of 8.6% on the 2016 price, before the service charge of about AED 9,300 a year.

Sales and rents for 302-B over time

Sales

Unit 302-B, each saleTypical one-bed in Axis Residences 2

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

Rents

Unit 302-B, each contractTypical one-bed in Axis Residences 2

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-B sits

All 268 1-beds →

1-beds in Axis Residences 2 · last 12 months699 /sqft Axis Residences 2 · all types699 /sqft

302-B last sold in August 2016 at AED 680 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 679). 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. 302-B's AED 51,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
29 Oct 202629 October 2026	770 sqft	520,000	675
10 Jul 202610 July 2026	793 sqft	555,000	699
24 Jun 202624 June 2026	800 sqft	500,000	625
14 May 202614 May 2026	773 sqft	568,000	734

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


301-A	1-bed	1,082 sqft	AED 754KAED 753,511 · Aug 2017August 2017	34,000 /yr
301-B	1-bed	1,082 sqft	AED 754KAED 753,511 · Sep 2017September 2017	58,000 /yr
302-A	1-bed	870 sqft	AED 800KAED 800,000 · Oct 2015October 2015
303-A	1-bed	913 sqft	AED 622KAED 621,891 · Sep 2015September 2015	42,000 /yr
303-B	1-bed	913 sqft	AED 520KAED 520,000 · Apr 2025April 2025	56,000 /yr
304-A	1-bed	802 sqft	AED 400KAED 400,000 · Jan 2024January 2024	51,000 /yr
304-B	1-bed	802 sqft	AED 610KAED 610,000 · Feb 2017February 2017	54,000 /yr
305-A	1-bed	822 sqft	AED 563KAED 562,810 · Jun 2018June 2018	35,000 /yr
305-B	1-bed	822 sqft	AED 522KAED 521,878 · Dec 2017December 2017
306-A	1-bed	794 sqft	AED 498KAED 497,900 · Jun 2017June 2017	46,000 /yr
306-B	1-bed	794 sqft	AED 550KAED 550,000 · Oct 2017October 2017	50,000 /yr
307-A	1-bed	846 sqft	AED 520KAED 520,000 · Apr 2025April 2025	57,000 /yr
307-B	1-bed	846 sqft	AED 520KAED 520,000 · Apr 2025April 2025	40,000 /yr
308-A	1-bed	793 sqft	AED 1.36MAED 1,360,000 · Jul 2015July 2015	36,000 /yr
308-B	1-bed	793 sqft	AED 918KAED 918,400 · Feb 2015February 2015	26,000 /yr
309-A	1-bed	750 sqft	AED 585KAED 585,000 · Jun 2017June 2017	55,000 /yr
309-B	1-bed	750 sqft	AED 510KAED 510,133 · Aug 2016August 2016	43,000 /yr
310-A	1-bed	793 sqft	AED 537KAED 537,322 · Sep 2015September 2015	34,500 /yr
310-B	1-bed	793 sqft	AED 537KAED 537,322 · Apr 2015April 2015	45,000 /yr
311-A	1-bed	749 sqft	AED 508KAED 508,145 · Apr 2016April 2016	51,000 /yr
311-B	1-bed	749 sqft	AED 507KAED 507,204 · Apr 2016April 2016	18,000 /yr
312-A	1-bed	800 sqft	AED 500KAED 500,000 · Jun 2026June 2026	48,000 /yr
312-B	1-bed	800 sqft	AED 600KAED 600,000 · Jan 2026January 2026	53,000 /yr
313-A	1-bed	769 sqft	AED 509KAED 509,394 · Apr 2016April 2016	24,000 /yr
313-B	1-bed	769 sqft	AED 519KAED 519,005 · Dec 2015December 2015	53,000 /yr
314-A	1-bed	773 sqft	AED 522KAED 522,493 · Sep 2015September 2015
314-B	1-bed	773 sqft	AED 518KAED 517,655 · Oct 2015October 2015	50,000 /yr
315-A	1-bed	755 sqft	AED 514KAED 513,942 · Mar 2014March 2014	42,500 /yr
315-B	1-bed	755 sqft	No registered sale	42,000 /yr
316-A	2-bed	1,047 sqft	AED 504KAED 504,000 · Mar 2020March 2020	55,000 /yr
316-B	2-bed	1,047 sqft	AED 490KAED 490,000 · Aug 2022August 2022	45,000 /yr

1–7 of 31

302-B, Axis Residences 2 in numbers

Sold once: by Gulf General Investments Co on 8 August 2016 for AED 591,586, or AED 680 per sqft.
Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2022 and recovered to AED 51,000 by October 2024.
At AED 51,000 a year the gross yield on the 2016 price is 8.6%, before a service charge of about AED 9,300 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 October 2024.

Questions about 302-B, Axis Residences 2

What did unit 302-B last sell for?

AED 591,586 on 8 August 2016, sold by the developer: AED 680 per sqft for 870 sqft. It is the only registered sale of the unit.

What is the rent for unit 302-B?

AED 51,000 a year on the contract signed on 10 October 2024. The previous contract, from January 2023, was AED 33,000; the unit has been rented since June 2014.

How big is unit 302-B?

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-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 302-B, Axis Residences 2

Starts from the last sale price (AED 592K, 8 August 2016). Switch to today's estimate once you have unlocked it.

Price: AED 591,586
Deposit, UAE resident (20%): AED 118,317
Deposit, non-resident (40%): AED 236,634
Monthly over 25 years at 3.7%: AED 2,420

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