1-bed · 802 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

407-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407-A · DLD and Ejari recordsUpdated 22 December 2025
Last soldAED 553K23 June 2015
Current rentAED 56K /yr22 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407-A, Axis Residences 2

What is 407-A worth today?

Last sold for AED 552,657 in 2015

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22 Dec 2025RentedNew contract
AED 56,000/yr12 months · AED 70 per sqft
15 Nov 2021RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
25 Jul 2019RentedNew contract
AED 36,000/yr12 months · AED 45 per sqft
25 Jun 2018RentedRenewal
AED 49,000/yr12 months · AED 61 per sqft
25 Jun 2017RentedRenewal
AED 49,000/yr12 months · AED 61 per sqft
25 Jun 2016RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
23 Jun 2015Sold by developerReady
AED 552,657AED 688 per sqft

Source: Dubai Land Department. Updated 22 December 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
4th of 8
Parking
148
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 553K · June 2015

About 407-A, Axis Residences 2

407-A is a one-bedroom apartment of 802 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 23 June 2015 for AED 552,657, or AED 688 per sqft, in line with the AED 695 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 22 December 2025, is AED 56,000 a year: a gross yield of 10.1% on the 2015 price, before the service charge of about AED 8,600 a year.

Sales and rents for 407-A over time

Sales
Unit 407-A, 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, June 2015: AED 552,657 (AED 688 per sqft)

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

Rents
Unit 407-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 2016: AED 55,000 a yearRenewal, June 2017: AED 49,000 a yearRenewal, June 2018: AED 49,000 a yearNew contract, July 2019: AED 36,000 a yearNew contract, November 2021: AED 28,000 a yearNew contract, December 2025: AED 56,000 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 407-A sits

All 268 1-beds →

407-A last sold in June 2015 at AED 688 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 695). 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. 407-A's AED 56,000 is in the upper 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

407-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 23 June 2015 for AED 552,657, or AED 688 per sqft.
  • Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 28,000 in 2021 and recovered to AED 56,000 by December 2025.
  • At AED 56,000 a year the gross yield on the 2015 price is 10.1%, before a service charge of about AED 8,600 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 22 December 2025.

Questions about 407-A, Axis Residences 2

What did unit 407-A last sell for?

AED 552,657 on 23 June 2015, sold by the developer: AED 688 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit 407-A?

AED 56,000 a year on the contract signed on 22 December 2025. The previous contract, from November 2021, was AED 28,000; the unit has been rented since June 2016.

How big is unit 407-A?

802 sqft (74.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 407-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 407-A, Axis Residences 2

Starts from the last sale price (AED 553K, 23 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 552,657
Deposit, UAE resident (20%)
AED 110,531
Deposit, non-resident (40%)
AED 221,063
Monthly over 25 years at 3.7%
AED 2,261

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