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2-bed · 1,047 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

419-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in January 2020, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 419-A · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 600K23 January 2020
Current rentAED 65K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 419-A, Axis Residences 2

What is 419-A worth today?

Last sold for AED 600,000 in 2020

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10 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 62 per sqft
23 Jan 2020Sold by developerReady
AED 600,000AED 573 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
2-bed apartment
Size
1,047 sqft
Floor
4th of 8
Parking
160
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 600K · January 2020
Building
Axis Residences 2

About 419-A, Axis Residences 2

419-A is a two-bedroom apartment of 1,047 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 23 January 2020 for AED 600,000, or AED 573 per sqft.

One Ejari contract is registered, from 10 April 2024. The current contract, signed on 10 April 2024, is AED 65,000 a year: a gross yield of 10.8% on the 2020 price, before the service charge of about AED 11,200 a year.

Sales and rents for 419-A over time

Rents
Unit 419-A, each contractTypical two-bed in Axis Residences 2
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 74,062; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 39,000; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 64,000; 2026 AED 70,000New contract, April 2024: AED 65,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Axis Residences 2, and where 419-A sits

All 16 2-beds →

419-A's AED 65,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 2025825,000
9 Jul 2024670,000
17 May 2024850,000
12 Sep 2023230,000
0 2-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

419-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 23 January 2020 for AED 600,000, or AED 573 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 10.8%, before a service charge of about AED 11,200 a year (AED 10.71 per sqft).

Source: Dubai Land Department. Updated 10 April 2024.

Questions about 419-A, Axis Residences 2

What did unit 419-A last sell for?

AED 600,000 on 23 January 2020, sold by the developer: AED 573 per sqft for 1,047 sqft. It is the only registered sale of the unit.

What is the rent for unit 419-A?

AED 65,000 a year on the contract signed on 10 April 2024.

How big is unit 419-A?

1,047 sqft (97.3 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 419-A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 419-A, Axis Residences 2

Starts from the last sale price (AED 600K, 23 January 2020). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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