1-bed · 755 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

315-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in March 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315-A · DLD and Ejari recordsUpdated 1 January 2025
Last soldAED 514K4 March 2014
Current rentAED 43K /yr1 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315-A, Axis Residences 2

What is 315-A worth today?

Last sold for AED 513,942 in 2014

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1 Jan 2025RentedNew contract
AED 42,500/yr12 months · AED 56 per sqft
1 Jan 2025RentedNew contract
AED 42,500/yr12 months · AED 56 per sqft
1 Jan 2022RentedRenewal
AED 28,000/yr12 months · AED 37 per sqft
1 Jan 2021RentedNew contract
AED 28,000/yr12 months · AED 37 per sqft
1 Oct 2018RentedNew contract
AED 43,000/yr12 months · AED 57 per sqft
13 Aug 2017RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
1 Jul 2015RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
4 Mar 2014Sold by developerReady
AED 513,942AED 680 per sqft

Source: Dubai Land Department. Updated 1 January 2025.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
3rd of 8
Parking
48
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 514K · March 2014

About 315-A, Axis Residences 2

315-A is a one-bedroom apartment of 755 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 4 March 2014 for AED 513,942, or AED 680 per sqft, 13% above the AED 600 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 January 2025, is AED 42,500 a year: a gross yield of 8.3% on the 2014 price, before the service charge of about AED 8,100 a year.

Sales and rents for 315-A over time

Sales
Unit 315-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, March 2014: AED 513,942 (AED 680 per sqft)

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

Rents
Unit 315-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, July 2015: AED 60,000 a yearNew contract, August 2017: AED 47,000 a yearNew contract, October 2018: AED 43,000 a yearNew contract, January 2021: AED 28,000 a yearRenewal, January 2022: AED 28,000 a yearNew contract, January 2025: AED 42,500 a yearNew contract, January 2025: AED 42,500 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 315-A sits

All 268 1-beds →

315-A last sold in March 2014 at AED 680 per sqft, 13% above what one-beds in Axis Residences 2 were fetching at the time (AED 600). 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. 315-A's AED 42,500 is in the lower 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

315-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 4 March 2014 for AED 513,942, or AED 680 per sqft.
  • Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2022 and recovered to AED 42,500 by January 2025.
  • At AED 42,500 a year the gross yield on the 2014 price is 8.3%, before a service charge of about AED 8,100 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 January 2025.

Questions about 315-A, Axis Residences 2

What did unit 315-A last sell for?

AED 513,942 on 4 March 2014, sold by the developer: AED 680 per sqft for 755 sqft. It is the only registered sale of the unit.

What is the rent for unit 315-A?

AED 42,500 a year on the contract signed on 1 January 2025. The previous contract, from January 2025, was AED 42,500; the unit has been rented since July 2015.

How big is unit 315-A?

755 sqft (70.1 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 315-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 315-A, Axis Residences 2

Starts from the last sale price (AED 514K, 4 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 513,942
Deposit, UAE resident (20%)
AED 102,788
Deposit, non-resident (40%)
AED 205,577
Monthly over 25 years at 3.7%
AED 2,103

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