1-bed · 749 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

311-A, Axis Residences 2

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

Unit 311-A · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 508K7 April 2016
Current rentAED 51K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 311-A, Axis Residences 2

What is 311-A worth today?

Last sold for AED 508,145 in 2016

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20 Mar 2026RentedNew contract
AED 51,000/yr12 months · AED 68 per sqft
1 Mar 2026RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
1 Mar 2026RentedRenewal
AED 46,500/yr4 months · AED 62 per sqft
1 Mar 2026RentedRenewal
AED 45,000/yr12 months · AED 60 per sqft
1 Mar 2025RentedRenewal
AED 42,500/yr12 months · AED 56 per sqft
1 Mar 2024RentedNew contract
AED 37,500/yr12 months · AED 50 per sqft
1 Mar 2023RentedNew contract
AED 32,500/yr12 months · AED 43 per sqft
1 Mar 2023RentedRenewal
AED 34,098/yr12 months · AED 45 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
3rd of 8
Parking
44
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 508K · April 2016

About 311-A, Axis Residences 2

311-A is a one-bedroom apartment of 749 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 7 April 2016 for AED 508,145, or AED 678 per sqft, in line with the AED 684 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, signed on 20 March 2026, is AED 51,000 a year: a gross yield of 10.0% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 311-A over time

Sales
Unit 311-A, each saleTypical one-bed in Axis Residences 2
400K2013201720212025Typical 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, April 2016: AED 508,145 (AED 678 per sqft)

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

Rents
Unit 311-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 50,000New contract, June 2014: AED 55,000 a yearNew contract, November 2018: AED 42,000 a yearRenewal, November 2019: AED 37,000 a yearNew contract, March 2021: AED 26,000 a yearRenewal, March 2022: AED 28,000 a yearNew contract, March 2023: AED 32,500 a yearRenewal, March 2023: AED 34,098 a yearNew contract, March 2024: AED 37,500 a yearRenewal, March 2025: AED 42,500 a yearNew contract, March 2026: AED 51,000 a yearNew contract, March 2026: AED 50,000 a yearRenewal, March 2026: AED 46,500 a yearRenewal, March 2026: AED 45,000 a year

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 311-A sits

All 268 1-beds →

311-A last sold in April 2016 at AED 678 per sqft, in line with 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. 311-A's AED 51,000 is in the upper half of that range.

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-A1-bedAED 800K · Oct 2015
302-B1-bedAED 592K · Aug 2016
303-A1-bedAED 622K · Sep 2015
303-B1-bedAED 520K · Apr 2025
304-A1-bedAED 400K · Jan 2024
1–7 of 31

311-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 7 April 2016 for AED 508,145, or AED 678 per sqft.
  • Rented since June 2014 on 13 Ejari contracts. The rent fell from AED 55,000 to AED 26,000 in 2021 and recovered to AED 51,000 by March 2026.
  • At AED 51,000 a year the gross yield on the 2016 price is 10.0%, 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 March 2026.

Questions about 311-A, Axis Residences 2

What did unit 311-A last sell for?

AED 508,145 on 7 April 2016, sold by the developer: AED 678 per sqft for 749 sqft. It is the only registered sale of the unit.

What is the rent for unit 311-A?

AED 51,000 a year on the contract signed on 20 March 2026. The previous contract, from March 2026, was AED 50,000; the unit has been rented since June 2014.

How big is unit 311-A?

749 sqft (69.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 311-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 311-A, Axis Residences 2

Starts from the last sale price (AED 508K, 7 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 508,145
Deposit, UAE resident (20%)
AED 101,629
Deposit, non-resident (40%)
AED 203,258
Monthly over 25 years at 3.7%
AED 2,079

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