1-bed · 802 sqftAxis Residences 2, Dubai Silicon Oasis · 5th floor · completed 2014

507-A, Axis Residences 2

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507-A · DLD and Ejari recordsUpdated 13 January 2026
Last soldAED 440K9 January 2024
Current rentAED 55K /yr13 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507-A, Axis Residences 2

What is 507-A worth today?

Last sold for AED 440,000 in 2024

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13 Jan 2026RentedNew contract
AED 55,000/yr12 months · AED 69 per sqft
29 Jan 2024RentedNew contract
AED 46,000/yr12 months · AED 57 per sqft
9 Jan 2024SoldReady
AED 440,000AED 548 per sqft
7 Jun 2018RentedNew contract
AED 43,000/yr12 months · AED 53 per sqft
25 Apr 2017RentedNew contract
AED 50,000/yr12 months · AED 62 per sqft
26 Oct 2015Sold by developerReady
AED 552,657AED 688 per sqft

Source: Dubai Land Department. Updated 13 January 2026.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
5th of 8
Parking
168
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 440K · January 2024

About 507-A, Axis Residences 2

507-A is a one-bedroom apartment of 802 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 9 January 2024 for AED 440,000, or AED 548 per sqft, 9% above the AED 502 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 13 January 2026, is AED 55,000 a year: a gross yield of 12.5% on the 2024 price, before the service charge of about AED 8,600 a year.

Sales and rents for 507-A over time

Sales
Unit 507-A, 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, October 2015: AED 552,657 (AED 688 per sqft)Sold, January 2024: AED 440,000 (AED 548 per sqft)

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

Rents
Unit 507-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, April 2017: AED 50,000 a yearNew contract, June 2018: AED 43,000 a yearNew contract, January 2024: AED 46,000 a yearNew contract, January 2026: AED 55,000 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 507-A sits

All 268 1-beds →

507-A last sold in January 2024 at AED 548 per sqft, 9% above what one-beds in Axis Residences 2 were fetching at the time (AED 502). 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. 507-A'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

507-A, Axis Residences 2 in numbers

  • Sold twice: first on 26 October 2015 for AED 552,657, last on 9 January 2024 for AED 440,000 (AED 548 per sqft).
  • Rented since April 2017 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 43,000 in 2018 and recovered to AED 55,000 by January 2026.
  • At AED 55,000 a year the gross yield on the 2024 price is 12.5%, 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 13 January 2026.

Questions about 507-A, Axis Residences 2

What did unit 507-A last sell for?

AED 440,000 on 9 January 2024: AED 548 per sqft for 802 sqft. The unit has 2 registered sales; the first was AED 552,657 in October 2015.

What is the rent for unit 507-A?

AED 55,000 a year on the contract signed on 13 January 2026. The previous contract, from January 2024, was AED 46,000; the unit has been rented since April 2017.

How big is unit 507-A?

802 sqft (74.5 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 507-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 507-A, Axis Residences 2

Starts from the last sale price (AED 440K, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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