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1-bed · 769 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

416-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in May 2015, and rented once, from December 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 416-B · DLD and Ejari recordsUpdated 26 December 2017
Last soldAED 529K25 May 2015
Current rentAED 48K /yr26 December 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 416-B, Axis Residences 2

What is 416-B worth today?

Last sold for AED 528,616 in 2015

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26 Dec 2017RentedNew contract
AED 48,000/yr24 months · AED 63 per sqft
25 May 2015Sold by developerReady
AED 528,616AED 687 per sqft

Source: Dubai Land Department. Updated 26 December 2017.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
4th of 8
Parking
130
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,200 /yr
Last sold
AED 529K · May 2015
Building
Axis Residences 2

About 416-B, Axis Residences 2

416-B is a one-bedroom apartment of 769 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 25 May 2015 for AED 528,616, or AED 687 per sqft, in line with the AED 695 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 December 2017. The current contract, signed on 26 December 2017, is AED 48,000 a year: a gross yield of 9.1% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 416-B over time

Sales
Unit 416-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, May 2015: AED 528,616 (AED 687 per sqft)

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

Rents
Unit 416-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, December 2017: AED 48,000 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 416-B sits

All 268 1-beds →

416-B last sold in May 2015 at AED 687 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 695). 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. 416-B's AED 48,000 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

416-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 25 May 2015 for AED 528,616, or AED 687 per sqft.
  • Rented since December 2017 on one Ejari contract, at AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2015 price is 9.1%, before a service charge of about AED 8,200 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 26 December 2017.

Questions about 416-B, Axis Residences 2

What did unit 416-B last sell for?

AED 528,616 on 25 May 2015, sold by the developer: AED 687 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 416-B?

AED 48,000 a year on the contract signed on 26 December 2017.

How big is unit 416-B?

769 sqft (71.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 416-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 416-B, Axis Residences 2

Starts from the last sale price (AED 529K, 25 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 528,616
Deposit, UAE resident (20%)
AED 105,723
Deposit, non-resident (40%)
AED 211,446
Monthly over 25 years at 3.7%
AED 2,163

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