1-bed · 773 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

314-B, Axis Residences 2

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

Unit 314-B · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 518K11 October 2015
Current rentAED 50K /yr20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 314-B, Axis Residences 2

What is 314-B worth today?

Last sold for AED 517,655 in 2015

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20 Jun 2024RentedNew contract
AED 50,000/yr12 months · AED 65 per sqft
15 Jun 2023RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
25 May 2022RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
25 Apr 2021RentedRenewal
AED 28,000/yr12 months · AED 36 per sqft
25 Apr 2020RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
25 Apr 2019RentedRenewal
AED 40,000/yr12 months · AED 52 per sqft
25 Apr 2018RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
31 Mar 2017RentedRenewal
AED 61,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
3rd of 8
Parking
58
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 518K · October 2015

About 314-B, Axis Residences 2

314-B is a one-bedroom apartment of 773 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 11 October 2015 for AED 517,655, or AED 669 per sqft, in line with the AED 684 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 20 June 2024, is AED 50,000 a year: a gross yield of 9.7% on the 2015 price, before the service charge of about AED 8,300 a year.

Sales and rents for 314-B over time

Sales
Unit 314-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, October 2015: AED 517,655 (AED 669 per sqft)

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

Rents
Unit 314-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, April 2015: AED 63,000 a yearNew contract, April 2016: AED 61,164 a yearRenewal, April 2016: AED 63,000 a yearRenewal, March 2017: AED 61,000 a yearNew contract, April 2018: AED 45,000 a yearRenewal, April 2019: AED 40,000 a yearRenewal, April 2020: AED 35,000 a yearRenewal, April 2021: AED 28,000 a yearNew contract, May 2022: AED 33,000 a yearNew contract, June 2023: AED 38,000 a yearNew contract, June 2024: AED 50,000 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 314-B sits

All 268 1-beds →

314-B last sold in October 2015 at AED 669 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. 314-B's AED 50,000 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

314-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 11 October 2015 for AED 517,655, or AED 669 per sqft.
  • Rented since April 2015 on 11 Ejari contracts. The rent fell from AED 63,000 to AED 28,000 in 2021 and recovered to AED 50,000 by June 2024.
  • At AED 50,000 a year the gross yield on the 2015 price is 9.7%, before a service charge of about AED 8,300 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 2024.

Questions about 314-B, Axis Residences 2

What did unit 314-B last sell for?

AED 517,655 on 11 October 2015, sold by the developer: AED 669 per sqft for 773 sqft. It is the only registered sale of the unit.

What is the rent for unit 314-B?

AED 50,000 a year on the contract signed on 20 June 2024. The previous contract, from June 2023, was AED 38,000; the unit has been rented since April 2015.

How big is unit 314-B?

773 sqft (71.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 314-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 314-B, Axis Residences 2

Starts from the last sale price (AED 518K, 11 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 517,655
Deposit, UAE resident (20%)
AED 103,531
Deposit, non-resident (40%)
AED 207,062
Monthly over 25 years at 3.7%
AED 2,118

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