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

311-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in April 2016, and rented once, from March 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 311-B · DLD and Ejari recordsUpdated 1 March 2021
Last soldAED 507K7 April 2016
Current rentAED 18K /yr1 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 311-B, Axis Residences 2

What is 311-B worth today?

Last sold for AED 507,204 in 2016

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1 Mar 2021RentedNew contract
AED 18,000/yr12 months · AED 24 per sqft
7 Apr 2016Sold by developerReady
AED 507,204AED 677 per sqft

Source: Dubai Land Department. Updated 1 March 2021.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
3rd of 8
Parking
61
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 507K · April 2016
Building
Axis Residences 2

About 311-B, Axis Residences 2

311-B 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 507,204, or AED 677 per sqft, in line with the AED 684 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 March 2021. The current contract, signed on 1 March 2021, is AED 18,000 a year: a gross yield of 3.5% on the 2016 price, before the service charge of about AED 8,000 a year.

Sales and rents for 311-B over time

Sales
Unit 311-B, 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 507,204 (AED 677 per sqft)

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

Rents
Unit 311-B, each contractTypical one-bed in Axis Residences 2
20K40K60K2014201820222026Typical 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, March 2021: AED 18,000 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-B sits

All 268 1-beds →

311-B last sold in April 2016 at AED 677 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-B's AED 18,000 is at the bottom 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-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 7 April 2016 for AED 507,204, or AED 677 per sqft.
  • Rented since March 2021 on one Ejari contract, at AED 18,000 a year.
  • At AED 18,000 a year the gross yield on the 2016 price is 3.5%, 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 1 March 2021.

Questions about 311-B, Axis Residences 2

What did unit 311-B last sell for?

AED 507,204 on 7 April 2016, sold by the developer: AED 677 per sqft for 749 sqft. It is the only registered sale of the unit.

What is the rent for unit 311-B?

AED 18,000 a year on the contract signed on 1 March 2021.

How big is unit 311-B?

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-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 311-B, Axis Residences 2

Starts from the last sale price (AED 507K, 7 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 507,204
Deposit, UAE resident (20%)
AED 101,441
Deposit, non-resident (40%)
AED 202,882
Monthly over 25 years at 3.7%
AED 2,075

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