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1-bed · 770 sqftAxis Residences 2, Dubai Silicon Oasis · 5th floor · completed 2014

504-B, Axis Residences 2

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504-B · DLD and Ejari recordsUpdated 20 March 2026
Last soldAED 400K16 January 2024
Current rentAED 55K /yr20 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504-B, Axis Residences 2

What is 504-B worth today?

Last sold for AED 400,000 in 2024

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20 Mar 2026RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
20 Mar 2026RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
20 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
20 Mar 2025RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
16 Jan 2024SoldReady
AED 400,000AED 519 per sqft
1 Jan 2023RentedNew contract
AED 34,000/yr12 months · AED 44 per sqft
1 Jan 2021RentedNew contract
AED 28,500/yr12 months · AED 37 per sqft
1 Feb 2019RentedNew contract
AED 42,500/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 March 2026.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
5th of 8
Parking
122
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,200 /yr
Last sold
AED 400K · January 2024
Building
Axis Residences 2

About 504-B, Axis Residences 2

504-B is a one-bedroom apartment of 770 sqft on the 5th 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 16 January 2024 for AED 400,000, or AED 519 per sqft, 3% above the AED 503 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 20 March 2026, is AED 55,000 a year: a gross yield of 13.8% on the 2024 price, before the service charge of about AED 8,200 a year.

Sales and rents for 504-B over time

Sales
Unit 504-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, October 2016: AED 576,791 (AED 749 per sqft)Sold, January 2024: AED 400,000 (AED 519 per sqft)

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

Rents
Unit 504-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, April 2014: AED 58,000 a yearNew contract, April 2015: AED 58,000 a yearNew contract, May 2016: AED 59,669 a yearNew contract, February 2019: AED 42,500 a yearNew contract, January 2021: AED 28,500 a yearNew contract, January 2023: AED 34,000 a yearNew contract, March 2025: AED 55,000 a yearNew contract, March 2025: AED 55,000 a yearNew contract, March 2026: AED 55,000 a yearRenewal, March 2026: AED 50,000 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 504-B sits

All 268 1-beds →

504-B last sold in January 2024 at AED 519 per sqft, 3% above what one-beds in Axis Residences 2 were fetching at the time (AED 503). 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. 504-B's AED 55,000 is in the upper 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 5th floor

All 284 units in Axis Residences 2
Value
501-A1-bedAED 580K · Sep 2016
501-B1-bedAED 573K · Nov 2017
502-A1-bedAED 550K · Sep 2016
502-B1-bedAED 544K · Sep 2017
503-A1-bedAED 575K · Sep 2016
503-B1-bedAED 569K · Sep 2017
504-A1-bedNo registered sale
1–7 of 37

504-B, Axis Residences 2 in numbers

  • Sold twice: first on 19 October 2016 for AED 576,791, last on 16 January 2024 for AED 400,000 (AED 519 per sqft).
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 58,000 to AED 28,500 in 2021 and recovered to AED 55,000 by March 2026.
  • At AED 55,000 a year the gross yield on the 2024 price is 13.8%, 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 20 March 2026.

Questions about 504-B, Axis Residences 2

What did unit 504-B last sell for?

AED 400,000 on 16 January 2024: AED 519 per sqft for 770 sqft. The unit has 2 registered sales; the first was AED 576,791 in October 2016.

What is the rent for unit 504-B?

AED 55,000 a year on the contract signed on 20 March 2026. The previous contract, from March 2026, was AED 50,000; the unit has been rented since April 2014.

How big is unit 504-B?

770 sqft (71.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 504-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 504-B, Axis Residences 2

Starts from the last sale price (AED 400K, 16 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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