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1-bed · 769 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

313-B, Axis Residences 2

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

Unit 313-B · DLD and Ejari recordsUpdated 1 May 2018
Last soldAED 519K13 December 2015
Current rentAED 53K /yr1 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 313-B, Axis Residences 2

What is 313-B worth today?

Last sold for AED 519,005 in 2015

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1 May 2018RentedNew contract
AED 53,000/yr12 months · AED 69 per sqft
13 Dec 2015Sold by developerReady
AED 519,005AED 674 per sqft
1 May 2015RentedNew contract
AED 58,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 May 2018.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
3rd of 8
Parking
59
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,200 /yr
Last sold
AED 519K · December 2015
Building
Axis Residences 2

About 313-B, Axis Residences 2

313-B is a one-bedroom apartment of 769 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 13 December 2015 for AED 519,005, or AED 674 per sqft, in line with the AED 684 one-beds in the building were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 May 2018, is AED 53,000 a year: a gross yield of 10.2% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 313-B over time

Sales
Unit 313-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, December 2015: AED 519,005 (AED 674 per sqft)

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

Rents
Unit 313-B, 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, May 2015: AED 58,000 a yearNew contract, May 2018: AED 53,000 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 313-B sits

All 268 1-beds →

313-B last sold in December 2015 at AED 674 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. 313-B's AED 53,000 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

313-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 13 December 2015 for AED 519,005, or AED 674 per sqft.
  • Rented since May 2015 on 2 Ejari contracts, from AED 58,000 to AED 53,000 a year.
  • At AED 53,000 a year the gross yield on the 2015 price is 10.2%, before a service charge of about AED 8,200 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 May 2018.

Questions about 313-B, Axis Residences 2

What did unit 313-B last sell for?

AED 519,005 on 13 December 2015, sold by the developer: AED 674 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 313-B?

AED 53,000 a year on the contract signed on 1 May 2018. The previous contract, from May 2015, was AED 58,000.

How big is unit 313-B?

769 sqft (71.4 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 313-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 313-B, Axis Residences 2

Starts from the last sale price (AED 519K, 13 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 519,005
Deposit, UAE resident (20%)
AED 103,801
Deposit, non-resident (40%)
AED 207,602
Monthly over 25 years at 3.7%
AED 2,123

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