1-bed · 793 sqftAxis Residences 2, Dubai Silicon Oasis · 5th floor · completed 2014

513-A, Axis Residences 2

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 513-A · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 385K15 March 2023
Current rentAED 50K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 513-A, Axis Residences 2

What is 513-A worth today?

Last sold for AED 385,000 in 2023

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1 May 2026RentedRenewal
AED 50,000/yr12 months · AED 63 per sqft
1 May 2025RentedRenewal
AED 50,000/yr12 months · AED 63 per sqft
1 May 2025RentedRenewal
AED 50,000/yr12 months · AED 63 per sqft
1 May 2024RentedRenewal
AED 42,900/yr12 months · AED 54 per sqft
1 Apr 2023RentedNew contract
AED 39,000/yr13 months · AED 49 per sqft
15 Mar 2023SoldReady
AED 385,000AED 485 per sqft
1 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
11 Mar 2019RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
5th of 8
Parking
174
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 385K · March 2023

About 513-A, Axis Residences 2

513-A is a one-bedroom apartment of 793 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 15 March 2023 for AED 385,000, or AED 485 per sqft, 13% above the AED 431 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 May 2026, is AED 50,000 a year: a gross yield of 13.0% on the 2023 price, before the service charge of about AED 8,500 a year.

Sales and rents for 513-A over time

Sales
Unit 513-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, February 2018: AED 547,272 (AED 690 per sqft)Sold, March 2023: AED 385,000 (AED 485 per sqft)

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

Rents
Unit 513-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, August 2014: AED 60,000 a yearNew contract, August 2015: AED 60,000 a yearNew contract, March 2017: AED 55,000 a yearRenewal, March 2018: AED 51,000 a yearNew contract, March 2019: AED 43,000 a yearNew contract, October 2020: AED 28,000 a yearNew contract, April 2023: AED 39,000 a yearRenewal, May 2024: AED 42,900 a yearRenewal, May 2025: AED 50,000 a yearRenewal, May 2025: AED 50,000 a yearRenewal, May 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 513-A sits

All 268 1-beds →

513-A last sold in March 2023 at AED 485 per sqft, 13% above what one-beds in Axis Residences 2 were fetching at the time (AED 431). 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. 513-A's AED 50,000 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

513-A, Axis Residences 2 in numbers

  • Sold twice: first on 14 February 2018 for AED 547,272, last on 15 March 2023 for AED 385,000 (AED 485 per sqft).
  • Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2020 and recovered to AED 50,000 by May 2026.
  • At AED 50,000 a year the gross yield on the 2023 price is 13.0%, before a service charge of about AED 8,500 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 1 May 2026.

Questions about 513-A, Axis Residences 2

What did unit 513-A last sell for?

AED 385,000 on 15 March 2023: AED 485 per sqft for 793 sqft. The unit has 2 registered sales; the first was AED 547,272 in February 2018.

What is the rent for unit 513-A?

AED 50,000 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 50,000; the unit has been rented since August 2014.

How big is unit 513-A?

793 sqft (73.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 513-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 513-A, Axis Residences 2

Starts from the last sale price (AED 385K, 15 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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