406-B, Axis Residences 2
Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406-B, Axis Residences 2
What is 406-B worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 26 October 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 822 sqft
- Floor
- 4th of 8
- Parking
- 140
- Developer
- Gulf General Investments Co
- Completed
- 2014
- Service charge
- AED 8,800 /yr
- Last sold
- AED 400K · June 2023
- Building
- Axis Residences 2
About 406-B, Axis Residences 2
406-B is a one-bedroom apartment of 822 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. It last sold on 20 June 2023 for AED 400,000, or AED 486 per sqft, 8% above the AED 450 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 26 October 2026, is AED 47,000 a year: a gross yield of 11.8% on the 2023 price, before the service charge of about AED 8,800 a year.
Sales and rents for 406-B over time
406-B has sold twice; the dashed line is the one-bed median of each year in the building.
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 406-B sits
All 268 1-beds →406-B last sold in June 2023 at AED 486 per sqft, 8% above what one-beds in Axis Residences 2 were fetching at the time (AED 450). 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. 406-B's AED 47,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 770 sqft | 520,000 | 675 | ||
| 10 Jul 202610 July 2026 | 793 sqft | 555,000 | 699 | ||
| 24 Jun 202624 June 2026 | 800 sqft | 500,000 | 625 | ||
| 14 May 202614 May 2026 | 773 sqft | 568,000 | 734 |
Axis Residences 2
Building284 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%
Other units on the 4th floor
All 284 units in Axis Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401-A | 1-bed | 843 sqft | AED 585KAED 585,000 · Nov 2025November 2025 | 54,000 /yr | |
| 401-B | 1-bed | 843 sqft | AED 557KAED 557,240 · Oct 2015October 2015 | 45,920 /yr | |
| 402-A | 1-bed | 758 sqft | AED 564KAED 564,486 · Sep 2015September 2015 | 50,000 /yr | |
| 402-B | 1-bed | 758 sqft | AED 547KAED 546,623 · Oct 2015October 2015 | 50,000 /yr | |
| 403-A | 1-bed | 853 sqft | AED 527KAED 526,780 · Dec 2017December 2017 | 45,000 /yr | |
| 403-B | 1-bed | 853 sqft | AED 375KAED 375,000 · Oct 2019October 2019 | 55,650 /yr | |
| 404-A | 1-bed | 770 sqft | AED 566KAED 566,303 · Jul 2015July 2015 | 50,000 /yr | |
| 404-B | 1-bed | 843 sqft | AED 330KAED 330,000 · Oct 2021October 2021 | 50,000 /yr | |
| 405-A | 1-bed | 791 sqft | AED 591KAED 591,162 · Jun 2015June 2015 | 46,000 /yr | |
| 405-B | 1-bed | 791 sqft | AED 591KAED 591,162 · Oct 2015October 2015 | 34,000 /yr | |
| 406-A | 1-bed | 822 sqft | No registered sale | 60,000 /yr | |
| 407-A | 1-bed | 802 sqft | AED 553KAED 552,657 · Jun 2015June 2015 | 56,000 /yr | |
| 407-B | 1-bed | 802 sqft | AED 533KAED 532,560 · Oct 2017October 2017 | 39,100 /yr | |
| 408-A | 1-bed | 822 sqft | AED 565KAED 565,000 · Sep 2025September 2025 | 49,000 /yr | |
| 408-B | 1-bed | 822 sqft | No registered sale | ||
| 409-A | 1-bed | 794 sqft | No registered sale | 43,560 /yr | |
| 409-B | 1-bed | 794 sqft | AED 557KAED 557,211 · Jul 2017July 2017 | ||
| 410-A | 1-bed | 846 sqft | AED 310KAED 310,000 · Jul 2020July 2020 | 40,425 /yr | |
| 410-B | 1-bed | 846 sqft | AED 348KAED 348,200 · Jun 2022June 2022 | ||
| 411-A | 1-bed | 793 sqft | AED 476KAED 475,854 · Mar 2013March 2013 | 53,000 /yr | |
| 411-B | 1-bed | 793 sqft | AED 436KAED 436,200 · Sep 2013September 2013 | 45,000 /yr | |
| 412-A | 1-bed | 750 sqft | AED 450KAED 450,216 · Mar 2013March 2013 | 53,000 /yr | |
| 412-B | 1-bed | 750 sqft | AED 510KAED 510,133 · Aug 2016August 2016 | 45,000 /yr | |
| 413-A | 1-bed | 793 sqft | AED 547KAED 547,272 · Oct 2016October 2016 | 40,000 /yr | |
| 413-B | 1-bed | 793 sqft | AED 300KAED 300,000 · Apr 2022April 2022 | 31,500 /yr | |
| 414-A | 1-bed | 749 sqft | AED 565KAED 565,000 · Sep 2017September 2017 | 30,000 /yr | |
| 414-B | 1-bed | 749 sqft | AED 570KAED 570,000 · Oct 2025October 2025 | 49,000 /yr | |
| 415-A | 1-bed | 800 sqft | AED 385KAED 385,000 · Oct 2019October 2019 | 27,000 /yr | |
| 415-B | 1-bed | 800 sqft | AED 559KAED 558,635 · Aug 2015August 2015 | 25,000 /yr | |
| 416-A | 1-bed | 769 sqft | AED 519KAED 519,005 · Oct 2015October 2015 | 55,000 /yr | |
| 416-B | 1-bed | 769 sqft | AED 529KAED 528,616 · May 2015May 2015 | 48,000 /yr | |
| 417-A | 1-bed | 773 sqft | AED 906KAED 905,998 · May 2014May 2014 | 55,000 /yr | |
| 417-B | 1-bed | 773 sqft | No registered sale | 43,000 /yr | |
| 418-A | 1-bed | 755 sqft | AED 531KAED 530,525 · Oct 2015October 2015 | 43,000 /yr | |
| 418-B | 1-bed | 755 sqft | AED 531KAED 530,525 · Aug 2017August 2017 | 50,000 /yr | |
| 419-A | 2-bed | 1,047 sqft | AED 600KAED 600,000 · Jan 2020January 2020 | 65,000 /yr | |
| 419-B | 2-bed | 1,047 sqft | No registered sale | 70,000 /yr |
406-B, Axis Residences 2 in numbers
- Sold twice: first on 14 September 2015 for AED 567,633, last on 20 June 2023 for AED 400,000 (AED 486 per sqft).
- Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 33,000 in 2022 and recovered to AED 47,000 by October 2026.
- At AED 47,000 a year the gross yield on the 2023 price is 11.8%, before a service charge of about AED 8,800 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 26 October 2026.
Questions about 406-B, Axis Residences 2
What did unit 406-B last sell for?
AED 400,000 on 20 June 2023: AED 486 per sqft for 822 sqft. The unit has 2 registered sales; the first was AED 567,633 in September 2015.
What is the rent for unit 406-B?
AED 47,000 a year on the contract signed on 26 October 2026. The previous contract, from September 2025, was AED 47,000; the unit has been rented since August 2015.
How big is unit 406-B?
822 sqft (76.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.
What is unit 406-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.
Selling 406-B? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 406-B, Axis Residences 2
Starts from the last sale price (AED 400K, 20 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 400,000
- Deposit, UAE resident (20%)
- AED 80,000
- Deposit, non-resident (40%)
- AED 160,000
- Monthly over 25 years at 3.7%
- AED 1,637
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →