1-bed · 793 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

413-B, Axis Residences 2

Sold prices and rental history: sold 3 times, last in April 2022, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413-B · DLD and Ejari recordsUpdated 8 April 2022
Last soldAED 300K8 April 2022
Current rentAED 32K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413-B, Axis Residences 2

What is 413-B worth today?

Last sold for AED 300,000 in 2022

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8 Apr 2022SoldReady
AED 300,000AED 378 per sqft
20 Dec 2021RentedNew contract
AED 31,500/yr12 months · AED 40 per sqft
10 Sep 2019SoldReady
AED 375,000AED 472 per sqft
25 Aug 2018RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft
28 Apr 2015Sold by developerReady
AED 537,322AED 677 per sqft
1 Jun 2014RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 8 April 2022.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
4th of 8
Parking
133
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 300K · April 2022

About 413-B, Axis Residences 2

413-B is a one-bedroom apartment of 793 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 8 April 2022 for AED 300,000, or AED 378 per sqft, 6% below the AED 401 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 20 December 2021, is AED 31,500 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 8,500 a year.

Sales and rents for 413-B over time

Sales
Unit 413-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, April 2015: AED 537,322 (AED 677 per sqft)Sold, September 2019: AED 375,000 (AED 472 per sqft)Sold, April 2022: AED 300,000 (AED 378 per sqft)

413-B has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 413-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 50,000New contract, June 2014: AED 58,000 a yearNew contract, August 2018: AED 43,000 a yearNew contract, December 2021: AED 31,500 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 413-B sits

All 268 1-beds →

413-B last sold in April 2022 at AED 378 per sqft, 6% below what one-beds in Axis Residences 2 were fetching at the time (AED 401). 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. 413-B's AED 31,500 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

413-B, Axis Residences 2 in numbers

  • Sold 3 times: first on 28 April 2015 for AED 537,322, last on 8 April 2022 for AED 300,000 (AED 378 per sqft).
  • Rented since June 2014 on 3 Ejari contracts, from AED 58,000 to AED 31,500 a year.
  • At AED 31,500 a year the gross yield on the 2022 price is 10.5%, 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 8 April 2022.

Questions about 413-B, Axis Residences 2

What did unit 413-B last sell for?

AED 300,000 on 8 April 2022: AED 378 per sqft for 793 sqft. The unit has 3 registered sales; the first was AED 537,322 in April 2015.

What is the rent for unit 413-B?

AED 31,500 a year on the contract signed on 20 December 2021. The previous contract, from August 2018, was AED 43,000; the unit has been rented since June 2014.

How big is unit 413-B?

793 sqft (73.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 413-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 413-B, Axis Residences 2

Starts from the last sale price (AED 300K, 8 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

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