1-bed · 794 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

409-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in July 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409-B · DLD and Ejari recordsUpdated 30 July 2017
Last soldAED 557K30 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409-B, Axis Residences 2

What is 409-B worth today?

Last sold for AED 557,211 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

30 Jul 2017Sold by developerReady
AED 557,211AED 702 per sqft

Source: Dubai Land Department. Updated 30 July 2017.

Key facts

Type
1-bed apartment
Size
794 sqft
Floor
4th of 8
Parking
137
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 557K · July 2017

About 409-B, Axis Residences 2

409-B is a one-bedroom apartment of 794 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 30 July 2017 for AED 557,211, or AED 702 per sqft, in line with the AED 687 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 409-B over time

Sales
Unit 409-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, July 2017: AED 557,211 (AED 702 per sqft)

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

Rents
Unit 409-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 50,000

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 409-B sits

All 268 1-beds →

409-B last sold in July 2017 at AED 702 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 687). 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.

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

409-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 30 July 2017 for AED 557,211, or AED 702 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 30 July 2017.

Questions about 409-B, Axis Residences 2

What did unit 409-B last sell for?

AED 557,211 on 30 July 2017, sold by the developer: AED 702 per sqft for 794 sqft. It is the only registered sale of the unit.

How big is unit 409-B?

794 sqft (73.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 409-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 409-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.

How OpenOffers works

Mortgage on 409-B, Axis Residences 2

Starts from the last sale price (AED 557K, 30 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 557,211
Deposit, UAE resident (20%)
AED 111,442
Deposit, non-resident (40%)
AED 222,884
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 →