1-bed · 750 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

309-A, Axis Residences 2

Sold prices and rental history: sold 3 times, last in June 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 309-A · DLD and Ejari recordsUpdated 20 June 2017

Last soldAED 585K20 June 2017

Current rentAED 55K /yr4 May 2016

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 309-A, Axis Residences 2

Today

What is 309-A worth today?

Last sold for AED 585,000 in 2017

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20 Jun 2017

20 Jun 2017SoldReady

AED 585,000AED 779 per sqft

15 May 2017

15 May 2017SoldReady

AED 530,000AED 706 per sqft

4 May 2016

4 May 2016RentedRenewal

AED 55,000/yr12 months · AED 73 per sqft

12 May 2015

12 May 2015Sold by developerReady

AED 510,133AED 679 per sqft

4 May 2015

4 May 2015RentedNew contract

AED 55,000/yr12 months · AED 73 per sqft

4 May 2014

4 May 2014RentedNew contract

AED 55,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 20 June 2017.

Key facts

Type: 1-bed apartment
Size: 750 sqft
Floor: 3rd of 8
Parking: 42
Developer: Gulf General Investments Co
Completed: 2014
Service charge: AED 8,000 /yr
Last sold: AED 585K · June 2017
Building: Axis Residences 2

About 309-A, Axis Residences 2

309-A is a one-bedroom apartment of 750 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 20 June 2017 for AED 585,000, or AED 779 per sqft, 14% above the AED 686 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, renewed on 4 May 2016, is AED 55,000 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 8,000 a year.

Sales and rents for 309-A over time

Sales

Unit 309-A, each saleTypical one-bed in Axis Residences 2

309-A has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents

Unit 309-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 309-A sits

All 268 1-beds →

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

309-A last sold in June 2017 at AED 779 per sqft, 14% above what one-beds in Axis Residences 2 were fetching at the time (AED 686). 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. 309-A's AED 55,000 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
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
308-B	1-bed	793 sqft	AED 918KAED 918,400 · Feb 2015February 2015	26,000 /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

309-A, Axis Residences 2 in numbers

Sold 3 times: first on 12 May 2015 for AED 510,133, last on 20 June 2017 for AED 585,000 (AED 779 per sqft).
Rented since May 2014 on 3 Ejari contracts, at AED 55,000 a year.
At AED 55,000 a year the gross yield on the 2017 price is 9.4%, before a service charge of about AED 8,000 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 20 June 2017.

Questions about 309-A, Axis Residences 2

What did unit 309-A last sell for?

AED 585,000 on 20 June 2017: AED 779 per sqft for 750 sqft. The unit has 3 registered sales; the first was AED 510,133 in May 2015.

What is the rent for unit 309-A?

AED 55,000 a year on the contract renewed on 4 May 2016. The previous contract, from May 2015, was AED 55,000; the unit has been rented since May 2014.

How big is unit 309-A?

750 sqft (69.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 309-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 309-A, Axis Residences 2

Starts from the last sale price (AED 585K, 20 June 2017). Switch to today's estimate once you have unlocked it.

Price: AED 585,000
Deposit, UAE resident (20%): AED 117,000
Deposit, non-resident (40%): AED 234,000
Monthly over 25 years at 3.7%: AED 2,393

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