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

316-B, Axis Residences 2

Sold prices and rental history: sold twice, last in August 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316-B · DLD and Ejari recordsUpdated 5 January 2026
Last soldAED 490K3 August 2022
Current rentAED 45K /yr5 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 316-B, Axis Residences 2

What is 316-B worth today?

Last sold for AED 490,000 in 2022

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5 Jan 2026RentedNew contract
AED 45,000/yr12 months · AED 43 per sqft
3 Aug 2022SoldReady
AED 490,000AED 468 per sqft
1 Feb 2022RentedRenewal
AED 48,000/yr12 months · AED 46 per sqft
1 Feb 2021RentedRenewal
AED 55,000/yr12 months · AED 53 per sqft
1 Feb 2020RentedRenewal
AED 62,000/yr12 months · AED 59 per sqft
1 Feb 2019RentedRenewal
AED 65,000/yr12 months · AED 62 per sqft
1 Feb 2018RentedRenewal
AED 70,000/yr12 months · AED 67 per sqft
1 Feb 2017RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 5 January 2026.

Key facts

Type
2-bed apartment
Size
1,047 sqft
Floor
3rd of 8
Parking
56,55
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 490K · August 2022
Building
Axis Residences 2

About 316-B, Axis Residences 2

316-B 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 3 August 2022 for AED 490,000, or AED 468 per sqft.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 5 January 2026, is AED 45,000 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 11,200 a year.

Sales and rents for 316-B over time

Rents
Unit 316-B, 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 80,000 a yearNew contract, February 2017: AED 75,000 a yearRenewal, February 2018: AED 70,000 a yearRenewal, February 2019: AED 65,000 a yearRenewal, February 2020: AED 62,000 a yearRenewal, February 2021: AED 55,000 a yearRenewal, February 2022: AED 48,000 a yearNew contract, January 2026: AED 45,000 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-B sits

All 16 2-beds →

316-B's AED 45,000 is at the bottom 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-B, Axis Residences 2 in numbers

  • Sold twice: first on 20 September 2015 for AED 718,174, last on 3 August 2022 for AED 490,000 (AED 468 per sqft).
  • Rented since May 2014 on 8 Ejari contracts, from AED 80,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 9.2%, before a service charge of about AED 11,200 a year (AED 10.71 per sqft).

Source: Dubai Land Department. Updated 5 January 2026.

Questions about 316-B, Axis Residences 2

What did unit 316-B last sell for?

AED 490,000 on 3 August 2022: AED 468 per sqft for 1,047 sqft. The unit has 2 registered sales; the first was AED 718,174 in September 2015.

What is the rent for unit 316-B?

AED 45,000 a year on the contract signed on 5 January 2026. The previous contract, from February 2022, was AED 48,000; the unit has been rented since May 2014.

How big is unit 316-B?

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-B 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-B, Axis Residences 2

Starts from the last sale price (AED 490K, 3 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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