2-bed · 1,047 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

316-A, Axis Residences 2

Sold prices and rental history: sold twice, last in March 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316-A · DLD and Ejari recordsUpdated 4 January 2026
Last soldAED 504K4 March 2020
Current rentAED 55K /yr4 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316-A, Axis Residences 2

What is 316-A worth today?

Last sold for AED 504,000 in 2020

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4 Jan 2026RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
4 Jan 2022RentedNew contract
AED 39,000/yr12 months · AED 37 per sqft
20 Apr 2020RentedNew contract
AED 56,000/yr12 months · AED 54 per sqft
4 Mar 2020SoldReady
AED 504,000AED 481 per sqft
20 Apr 2019RentedNew contract
AED 58,000/yr12 months · AED 56 per sqft
26 Oct 2015RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
15 Jul 2015Sold by developerReady
AED 672,872AED 642 per sqft
6 May 2014RentedNew contract
AED 71,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 4 January 2026.

Key facts

Type
2-bed apartment
Size
1,047 sqft
Floor
3rd of 8
Parking
49,50
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 504K · March 2020

About 316-A, Axis Residences 2

316-A is a two-bedroom apartment of 1,047 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. It last sold on 4 March 2020 for AED 504,000, or AED 481 per sqft.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 4 January 2026, is AED 55,000 a year: a gross yield of 10.9% on the 2020 price, before the service charge of about AED 11,200 a year.

Sales and rents for 316-A over time

Rents
Unit 316-A, each contractTypical two-bed in Axis Residences 2
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 74,062; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 39,000; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 64,000; 2026 AED 70,000New contract, May 2014: AED 71,000 a yearNew contract, October 2015: AED 65,000 a yearNew contract, April 2019: AED 58,000 a yearNew contract, April 2020: AED 56,000 a yearNew contract, January 2022: AED 39,000 a yearRenewal, January 2026: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Axis Residences 2, and where 316-A sits

All 16 2-beds →

316-A's AED 55,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 2025825,000
9 Jul 2024670,000
17 May 2024850,000
12 Sep 2023230,000
0 2-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

316-A, Axis Residences 2 in numbers

  • Sold twice: first on 15 July 2015 for AED 672,872, last on 4 March 2020 for AED 504,000 (AED 481 per sqft).
  • Rented since May 2014 on 6 Ejari contracts. The rent fell from AED 71,000 to AED 39,000 in 2022 and recovered to AED 55,000 by January 2026.
  • At AED 55,000 a year the gross yield on the 2020 price is 10.9%, before a service charge of about AED 11,200 a year (AED 10.71 per sqft).

Source: Dubai Land Department. Updated 4 January 2026.

Questions about 316-A, Axis Residences 2

What did unit 316-A last sell for?

AED 504,000 on 4 March 2020: AED 481 per sqft for 1,047 sqft. The unit has 2 registered sales; the first was AED 672,872 in July 2015.

What is the rent for unit 316-A?

AED 55,000 a year on the contract renewed on 4 January 2026. The previous contract, from January 2022, was AED 39,000; the unit has been rented since May 2014.

How big is unit 316-A?

1,047 sqft (97.3 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 316-A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 316-A, Axis Residences 2

Starts from the last sale price (AED 504K, 4 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 504,000
Deposit, UAE resident (20%)
AED 100,800
Deposit, non-resident (40%)
AED 201,600
Monthly over 25 years at 3.7%
AED 2,062

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