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1-bed · 749 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

414-A, Axis Residences 2

Sold prices and rental history: sold twice, last in September 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 414-A · DLD and Ejari recordsUpdated 10 March 2022
Last soldAED 565K17 September 2017
Current rentAED 30K /yr10 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 414-A, Axis Residences 2

What is 414-A worth today?

Last sold for AED 565,000 in 2017

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10 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
1 Mar 2020RentedNew contract
AED 34,000/yr13 months · AED 45 per sqft
15 Nov 2018RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
17 Sep 2017SoldReady
AED 565,000AED 754 per sqft
9 Aug 2017RentedRenewal
AED 53,143/yr12 months · AED 71 per sqft
9 Aug 2016RentedNew contract
AED 55,000/yr12 months · AED 73 per sqft
26 Oct 2015Sold by developerReady
AED 470,505AED 628 per sqft
16 Jul 2014RentedNew contract
AED 56,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 March 2022.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
4th of 8
Parking
155
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 565K · September 2017
Building
Axis Residences 2

About 414-A, Axis Residences 2

414-A is a one-bedroom apartment of 749 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 17 September 2017 for AED 565,000, or AED 754 per sqft, 9% above the AED 690 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 10 March 2022, is AED 30,000 a year: a gross yield of 5.3% on the 2017 price, before the service charge of about AED 8,000 a year.

Sales and rents for 414-A over time

Sales
Unit 414-A, each saleTypical one-bed in Axis Residences 2
400K600K2013201720212025Typical 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, October 2015: AED 470,505 (AED 628 per sqft)Sold, September 2017: AED 565,000 (AED 754 per sqft)

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

Rents
Unit 414-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, July 2014: AED 56,000 a yearNew contract, August 2016: AED 55,000 a yearRenewal, August 2017: AED 53,143 a yearNew contract, November 2018: AED 40,000 a yearNew contract, March 2020: AED 34,000 a yearNew contract, March 2022: AED 30,000 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 414-A sits

All 268 1-beds →

414-A last sold in September 2017 at AED 754 per sqft, 9% above what one-beds in Axis Residences 2 were fetching at the time (AED 690). 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. 414-A's AED 30,000 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

414-A, Axis Residences 2 in numbers

  • Sold twice: first on 26 October 2015 for AED 470,505, last on 17 September 2017 for AED 565,000 (AED 754 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 56,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2017 price is 5.3%, before a service charge of about AED 8,000 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 March 2022.

Questions about 414-A, Axis Residences 2

What did unit 414-A last sell for?

AED 565,000 on 17 September 2017: AED 754 per sqft for 749 sqft. The unit has 2 registered sales; the first was AED 470,505 in October 2015.

What is the rent for unit 414-A?

AED 30,000 a year on the contract signed on 10 March 2022. The previous contract, from March 2020, was AED 34,000; the unit has been rented since July 2014.

How big is unit 414-A?

749 sqft (69.6 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 414-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 414-A, Axis Residences 2

Starts from the last sale price (AED 565K, 17 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

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