1-bed · 791 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

405-A, Axis Residences 2

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

Unit 405-A · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 591K17 June 2015
Current rentAED 46K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405-A, Axis Residences 2

What is 405-A worth today?

Last sold for AED 591,162 in 2015

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15 Jan 2025RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
15 Jan 2025RentedRenewal
AED 46,000/yr12 months · AED 59 per sqft
15 Jan 2024RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
15 Jan 2024RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
15 Jan 2023RentedRenewal
AED 33,000/yr12 months · AED 42 per sqft
15 Jan 2022RentedRenewal
AED 29,000/yr12 months · AED 37 per sqft
15 Jan 2021RentedRenewal
AED 30,000/yr12 months · AED 38 per sqft
15 Jan 2019RentedRenewal
AED 41,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
4th of 8
Parking
146
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 591K · June 2015

About 405-A, Axis Residences 2

405-A is a one-bedroom apartment of 791 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 17 June 2015 for AED 591,162, or AED 747 per sqft, 7% above the AED 698 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 15 January 2025, is AED 46,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 8,500 a year.

Sales and rents for 405-A over time

Sales
Unit 405-A, each saleTypical one-bed in Axis Residences 2
400K600K2013201720212025Typical 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, June 2015: AED 591,162 (AED 747 per sqft)

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

Rents
Unit 405-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, June 2014: AED 58,000 a yearNew contract, January 2017: AED 56,000 a yearRenewal, January 2018: AED 50,000 a yearRenewal, January 2019: AED 41,000 a yearRenewal, January 2021: AED 30,000 a yearRenewal, January 2022: AED 29,000 a yearRenewal, January 2023: AED 33,000 a yearRenewal, January 2024: AED 40,000 a yearRenewal, January 2024: AED 40,000 a yearRenewal, January 2025: AED 46,000 a yearRenewal, January 2025: AED 46,000 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 405-A sits

All 268 1-beds →

405-A last sold in June 2015 at AED 747 per sqft, 7% above what one-beds in Axis Residences 2 were fetching at the time (AED 698). 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. 405-A's AED 46,000 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
401-B1-bedAED 557K · Oct 2015
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
1–7 of 37

405-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 June 2015 for AED 591,162, or AED 747 per sqft.
  • Rented since June 2014 on 11 Ejari contracts. The rent fell from AED 58,000 to AED 29,000 in 2022 and recovered to AED 46,000 by January 2025.
  • At AED 46,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 8,500 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 15 January 2025.

Questions about 405-A, Axis Residences 2

What did unit 405-A last sell for?

AED 591,162 on 17 June 2015, sold by the developer: AED 747 per sqft for 791 sqft. It is the only registered sale of the unit.

What is the rent for unit 405-A?

AED 46,000 a year on the contract renewed on 15 January 2025. The previous contract, from January 2025, was AED 46,000; the unit has been rented since June 2014.

How big is unit 405-A?

791 sqft (73.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 405-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 405-A, Axis Residences 2

Starts from the last sale price (AED 591K, 17 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 591,162
Deposit, UAE resident (20%)
AED 118,232
Deposit, non-resident (40%)
AED 236,465
Monthly over 25 years at 3.7%
AED 2,419

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