1-bed · 794 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

306-A, Axis Residences 2

Sold prices and rental history: sold twice, last in June 2017, 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 306-A · DLD and Ejari recordsUpdated 4 December 2023

Last soldAED 498K1 June 2017

Current rentAED 46K /yr4 December 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 306-A, Axis Residences 2

Today

What is 306-A worth today?

Last sold for AED 497,900 in 2017

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4 Dec 2023

4 Dec 2023RentedNew contract

AED 46,000/yr12 months · AED 58 per sqft

15 Oct 2021

15 Oct 2021RentedRenewal

AED 26,000/yr12 months · AED 33 per sqft

15 Oct 2020

15 Oct 2020RentedNew contract

AED 26,000/yr12 months · AED 33 per sqft

1 Aug 2018

1 Aug 2018RentedNew contract

AED 46,000/yr12 months · AED 58 per sqft

1 Jun 2017

1 Jun 2017SoldReady

AED 497,900AED 627 per sqft

1 Jul 2016

1 Jul 2016RentedNew contract

AED 56,000/yr12 months · AED 70 per sqft

26 Oct 2015

26 Oct 2015Sold by developerReady

AED 497,900AED 627 per sqft

20 Jun 2015

20 Jun 2015RentedNew contract

AED 55,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 4 December 2023.

Key facts

Type: 1-bed apartment
Size: 794 sqft
Floor: 3rd of 8
Parking: 39
Developer: Gulf General Investments Co
Completed: 2014
Service charge: AED 8,500 /yr
Last sold: AED 498K · June 2017
Building: Axis Residences 2

About 306-A, Axis Residences 2

306-A is a one-bedroom apartment of 794 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. It last sold on 1 June 2017 for AED 497,900, or AED 627 per sqft, 8% below the AED 685 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 4 December 2023, is AED 46,000 a year: a gross yield of 9.2% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for 306-A over time

Sales

Unit 306-A, each saleTypical one-bed in Axis Residences 2

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

Rents

Unit 306-A, 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 306-A sits

All 268 1-beds →

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

306-A last sold in June 2017 at AED 627 per sqft, 8% below what one-beds in Axis Residences 2 were fetching at the time (AED 685). 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. 306-A's AED 46,000 is in the lower 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
302-B	1-bed	870 sqft	AED 592KAED 591,586 · Aug 2016August 2016	51,000 /yr
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-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

306-A, Axis Residences 2 in numbers

Sold twice: first on 26 October 2015 for AED 497,900, last on 1 June 2017 for AED 497,900 (AED 627 per sqft).
Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 26,000 in 2021 and recovered to AED 46,000 by December 2023.
At AED 46,000 a year the gross yield on the 2017 price is 9.2%, before a service charge of about AED 8,500 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 4 December 2023.

Questions about 306-A, Axis Residences 2

What did unit 306-A last sell for?

AED 497,900 on 1 June 2017: AED 627 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 497,900 in October 2015.

What is the rent for unit 306-A?

AED 46,000 a year on the contract signed on 4 December 2023. The previous contract, from October 2021, was AED 26,000; the unit has been rented since June 2014.

How big is unit 306-A?

794 sqft (73.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 306-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 306-A, Axis Residences 2

Starts from the last sale price (AED 498K, 1 June 2017). Switch to today's estimate once you have unlocked it.

Price: AED 497,900
Deposit, UAE resident (20%): AED 99,580
Deposit, non-resident (40%): AED 199,160
Monthly over 25 years at 3.7%: AED 2,037

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