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1-bed · 800 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

415-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 415-B · DLD and Ejari recordsUpdated 28 July 2023
Last soldAED 559K17 August 2015
Current rentAED 25K /yr28 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 415-B, Axis Residences 2

What is 415-B worth today?

Last sold for AED 558,635 in 2015

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28 Jul 2023RentedNew contract
AED 25,000/yr12 months · AED 31 per sqft
17 Aug 2015Sold by developerReady
AED 558,635AED 698 per sqft
29 Apr 2014RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 28 July 2023.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
4th of 8
Parking
131
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 559K · August 2015
Building
Axis Residences 2

About 415-B, Axis Residences 2

415-B is a one-bedroom apartment of 800 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 17 August 2015 for AED 558,635, or AED 698 per sqft, in line with the AED 691 one-beds in the building were fetching at the time.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 28 July 2023, is AED 25,000 a year: a gross yield of 4.5% on the 2015 price, before the service charge of about AED 8,600 a year.

Sales and rents for 415-B over time

Sales
Unit 415-B, 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, August 2015: AED 558,635 (AED 698 per sqft)

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

Rents
Unit 415-B, each contractTypical one-bed in Axis Residences 2
20K40K60K2014201820222026Typical 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, April 2014: AED 50,000 a yearNew contract, July 2023: AED 25,000 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 415-B sits

All 268 1-beds →

415-B last sold in August 2015 at AED 698 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 691). 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. 415-B's AED 25,000 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

415-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 August 2015 for AED 558,635, or AED 698 per sqft.
  • Rented since April 2014 on 2 Ejari contracts, from AED 50,000 to AED 25,000 a year.
  • At AED 25,000 a year the gross yield on the 2015 price is 4.5%, 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 28 July 2023.

Questions about 415-B, Axis Residences 2

What did unit 415-B last sell for?

AED 558,635 on 17 August 2015, sold by the developer: AED 698 per sqft for 800 sqft. It is the only registered sale of the unit.

What is the rent for unit 415-B?

AED 25,000 a year on the contract signed on 28 July 2023. The previous contract, from April 2014, was AED 50,000.

How big is unit 415-B?

800 sqft (74.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 415-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 415-B, Axis Residences 2

Starts from the last sale price (AED 559K, 17 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 558,635
Deposit, UAE resident (20%)
AED 111,727
Deposit, non-resident (40%)
AED 223,454
Monthly over 25 years at 3.7%
AED 2,286

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