1-bed · 793 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

308-B, Axis Residences 2

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

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Unit 308-B · DLD and Ejari recordsUpdated 1 July 2023

Last soldAED 918K16 February 2015

Current rentAED 26K /yr1 July 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 308-B, Axis Residences 2

Today

What is 308-B worth today?

Last sold for AED 918,400 in 2015

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1 Jul 2023

1 Jul 2023RentedRenewal

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

1 Jul 2022

1 Jul 2022RentedRenewal

AED 23,000/yr12 months · AED 29 per sqft

1 Jul 2021

1 Jul 2021RentedRenewal

AED 23,000/yr12 months · AED 29 per sqft

1 Jul 2020

1 Jul 2020RentedRenewal

AED 27,000/yr12 months · AED 34 per sqft

1 Aug 2019

1 Aug 2019RentedRenewal

AED 37,091/yr11 months · AED 47 per sqft

1 Sep 2018

1 Sep 2018RentedNew contract

AED 40,036/yr11 months · AED 50 per sqft

5 Aug 2017

5 Aug 2017RentedRenewal

AED 50,000/yr12 months · AED 63 per sqft

5 Aug 2016

5 Aug 2016RentedNew contract

AED 52,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type: 1-bed apartment
Size: 793 sqft
Floor: 3rd of 8
Parking: 64
Developer: Gulf General Investments Co
Completed: 2014
Service charge: AED 8,500 /yr
Last sold: AED 918K · February 2015
Building: Axis Residences 2

About 308-B, Axis Residences 2

308-B is a one-bedroom apartment of 793 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 16 February 2015 for AED 918,400, or AED 1,158 per sqft, 75% above the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 26,000 a year: a gross yield of 2.8% on the 2015 price, before the service charge of about AED 8,500 a year.

Sales and rents for 308-B over time

Sales

Unit 308-B, each saleTypical one-bed in Axis Residences 2

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

Rents

Unit 308-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 308-B sits

All 268 1-beds →

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

308-B last sold in February 2015 at AED 1,158 per sqft, 75% above what one-beds in Axis Residences 2 were fetching at the time (AED 662). 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. 308-B's AED 26,000 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-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
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

308-B, Axis Residences 2 in numbers

Sold once: by Gulf General Investments Co on 16 February 2015 for AED 918,400, or AED 1,158 per sqft.
Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 23,000 in 2022 and recovered to AED 26,000 by July 2023.
At AED 26,000 a year the gross yield on the 2015 price is 2.8%, 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 1 July 2023.

Questions about 308-B, Axis Residences 2

What did unit 308-B last sell for?

AED 918,400 on 16 February 2015, sold by the developer: AED 1,158 per sqft for 793 sqft. It is the only registered sale of the unit.

What is the rent for unit 308-B?

AED 26,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 23,000; the unit has been rented since April 2015.

How big is unit 308-B?

793 sqft (73.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 308-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 308-B, Axis Residences 2

Starts from the last sale price (AED 918K, 16 February 2015). Switch to today's estimate once you have unlocked it.

Price: AED 918,400
Deposit, UAE resident (20%): AED 183,680
Deposit, non-resident (40%): AED 367,360
Monthly over 25 years at 3.7%: AED 3,757

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