407-B, Axis Residences 2
Sold prices and rental history: sold once, by the developer in October 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407-B, Axis Residences 2
What is 407-B worth today?
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Source: Dubai Land Department. Updated 10 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 802 sqft
- Floor
- 4th of 8
- Parking
- 139
- Developer
- Gulf General Investments Co
- Completed
- 2014
- Service charge
- AED 8,600 /yr
- Last sold
- AED 533K · October 2017
- Building
- Axis Residences 2
About 407-B, Axis Residences 2
407-B 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 19 October 2017 for AED 532,560, or AED 663 per sqft, 6% below the AED 702 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 10 September 2025, is AED 39,100 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 8,600 a year.
Sales and rents for 407-B over time
407-B has sold once; 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 407-B sits
All 268 1-beds →407-B last sold in October 2017 at AED 663 per sqft, 6% below what one-beds in Axis Residences 2 were fetching at the time (AED 702). 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-B's AED 39,100 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 | |
| 406-B | 1-bed | 822 sqft | AED 400KAED 400,000 · Jun 2023June 2023 | 47,000 /yr | |
| 407-A | 1-bed | 802 sqft | AED 553KAED 552,657 · Jun 2015June 2015 | 56,000 /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 |
407-B, Axis Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 19 October 2017 for AED 532,560, or AED 663 per sqft.
- Rented since August 2014 on 4 Ejari contracts, from AED 57,000 to AED 39,100 a year.
- At AED 39,100 a year the gross yield on the 2017 price is 7.3%, 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 10 September 2025.
Questions about 407-B, Axis Residences 2
What did unit 407-B last sell for?
AED 532,560 on 19 October 2017, sold by the developer: AED 663 per sqft for 802 sqft. It is the only registered sale of the unit.
What is the rent for unit 407-B?
AED 39,100 a year on the contract signed on 10 September 2025. The previous contract, from September 2017, was AED 48,000; the unit has been rented since August 2014.
How big is unit 407-B?
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-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 407-B, Axis Residences 2
Starts from the last sale price (AED 533K, 19 October 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 532,560
- Deposit, UAE resident (20%)
- AED 106,512
- Deposit, non-resident (40%)
- AED 213,024
- Monthly over 25 years at 3.7%
- AED 2,179
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →