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1-bed · 843 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

401-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 401-B · DLD and Ejari recordsUpdated 31 August 2025
Last soldAED 557K11 October 2015
Current rentAED 46K /yr31 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 401-B, Axis Residences 2

What is 401-B worth today?

Last sold for AED 557,240 in 2015

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31 Aug 2025RentedRenewal
AED 45,920/yr12 months · AED 54 per sqft
31 Aug 2024RentedRenewal
AED 41,745/yr12 months · AED 50 per sqft
1 Sep 2023RentedNew contract
AED 38,052/yr12 months · AED 45 per sqft
1 Sep 2022RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
1 Sep 2021RentedNew contract
AED 30,000/yr12 months · AED 36 per sqft
1 Aug 2019RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
11 Oct 2015Sold by developerReady
AED 557,240AED 660 per sqft
5 Apr 2015RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 31 August 2025.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
4th of 8
Parking
54
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 557K · October 2015
Building
Axis Residences 2

About 401-B, Axis Residences 2

401-B is a one-bedroom apartment of 843 sqft on the 4th 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 557,240, or AED 660 per sqft, 4% below the AED 684 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 31 August 2025, is AED 45,920 a year: a gross yield of 8.2% on the 2015 price, before the service charge of about AED 9,000 a year.

Sales and rents for 401-B over time

Sales
Unit 401-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 557,240 (AED 660 per sqft)

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

Rents
Unit 401-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 55,000 a yearNew contract, August 2019: AED 40,000 a yearNew contract, September 2021: AED 30,000 a yearRenewal, September 2022: AED 33,000 a yearNew contract, September 2023: AED 38,052 a yearRenewal, August 2024: AED 41,745 a yearRenewal, August 2025: AED 45,920 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 401-B sits

All 268 1-beds →

401-B last sold in October 2015 at AED 660 per sqft, 4% below 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. 401-B's AED 45,920 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 4th floor

All 284 units in Axis Residences 2
Value
401-A1-bedAED 585K · Nov 2025
402-A1-bedAED 564K · Sep 2015
402-B1-bedAED 547K · Oct 2015
403-A1-bedAED 527K · Dec 2017
403-B1-bedAED 375K · Oct 2019
404-A1-bedAED 566K · Jul 2015
404-B1-bedAED 330K · Oct 2021
1–7 of 37

401-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 11 October 2015 for AED 557,240, or AED 660 per sqft.
  • Rented since April 2015 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 45,920 by August 2025.
  • At AED 45,920 a year the gross yield on the 2015 price is 8.2%, before a service charge of about AED 9,000 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 31 August 2025.

Questions about 401-B, Axis Residences 2

What did unit 401-B last sell for?

AED 557,240 on 11 October 2015, sold by the developer: AED 660 per sqft for 843 sqft. It is the only registered sale of the unit.

What is the rent for unit 401-B?

AED 45,920 a year on the contract renewed on 31 August 2025. The previous contract, from August 2024, was AED 41,745; the unit has been rented since April 2015.

How big is unit 401-B?

843 sqft (78.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 401-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 401-B, Axis Residences 2

Starts from the last sale price (AED 557K, 11 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 557,240
Deposit, UAE resident (20%)
AED 111,448
Deposit, non-resident (40%)
AED 222,896
Monthly over 25 years at 3.7%
AED 2,280

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