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1-bed · 750 sqftAxis Residences 2, Dubai Silicon Oasis · 5th floor · completed 2014

512-B, Axis Residences 2

Sold prices and rental history: no registered sale, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512-B · DLD and Ejari recordsUpdated 5 April 2023
Current rentAED 30K /yr5 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512-B, Axis Residences 2

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5 Apr 2023RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
15 Jun 2014RentedNew contract
AED 56,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 5 April 2023.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
5th of 8
Parking
114
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
No registered sale
Building
Axis Residences 2

About 512-B, Axis Residences 2

512-B is a one-bedroom apartment of 750 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. No sale of the unit is registered with the Dubai Land Department.

It has been rented since 2014 on 2 Ejari contracts. The current contract, signed on 5 April 2023, is AED 30,000 a year, before the service charge of about AED 8,000 a year.

Sales and rents for 512-B over time

Sales
Unit 512-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 537,500

No registered sale of 512-B; the dashed line is the one-bed median of each year in the building.

Rents
Unit 512-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, June 2014: AED 56,000 a yearNew contract, April 2023: AED 30,000 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 512-B sits

All 268 1-beds →

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. 512-B's AED 30,000 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 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

512-B, Axis Residences 2 in numbers

  • No sale of the unit is registered with the Dubai Land Department.
  • Rented since June 2014 on 2 Ejari contracts, from AED 56,000 to AED 30,000 a year.
  • 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 5 April 2023.

Questions about 512-B, Axis Residences 2

What is the rent for unit 512-B?

AED 30,000 a year on the contract signed on 5 April 2023. The previous contract, from June 2014, was AED 56,000.

How big is unit 512-B?

750 sqft (69.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 512-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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