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1-bed · 800 sqftAxis Residences 2, Dubai Silicon Oasis · 5th floor · completed 2014

515-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in August 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 515-A · DLD and Ejari recordsUpdated 23 August 2026
Last soldAED 569K13 August 2017
Current rentAED 52K /yr23 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 515-A, Axis Residences 2

What is 515-A worth today?

Last sold for AED 568,792 in 2017

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23 Aug 2026RentedNew contract
AED 52,000/yr12 months · AED 65 per sqft
1 Sep 2024RentedNew contract
AED 50,000/yr12 months · AED 63 per sqft
26 Aug 2023RentedRenewal
AED 36,000/yr12 months · AED 45 per sqft
26 Aug 2022RentedNew contract
AED 31,000/yr12 months · AED 39 per sqft
6 Nov 2021RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
26 Jun 2019RentedNew contract
AED 37,000/yr12 months · AED 46 per sqft
13 Aug 2017Sold by developerReady
AED 568,792AED 711 per sqft
1 Jul 2015RentedNew contract
AED 62,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 23 August 2026.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
5th of 8
Parking
176
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 569K · August 2017
Building
Axis Residences 2

About 515-A, Axis Residences 2

515-A is a one-bedroom apartment of 800 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. The developer sold it on 13 August 2017 for AED 568,792, or AED 711 per sqft, 3% above the AED 690 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 23 August 2026, is AED 52,000 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 8,600 a year.

Sales and rents for 515-A over time

Sales
Unit 515-A, 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, August 2017: AED 568,792 (AED 711 per sqft)

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

Rents
Unit 515-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, June 2014: AED 58,000 a yearNew contract, July 2015: AED 62,000 a yearNew contract, June 2019: AED 37,000 a yearNew contract, November 2021: AED 28,000 a yearNew contract, August 2022: AED 31,000 a yearRenewal, August 2023: AED 36,000 a yearNew contract, September 2024: AED 50,000 a yearNew contract, August 2026: AED 52,000 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 515-A sits

All 268 1-beds →

515-A last sold in August 2017 at AED 711 per sqft, 3% above what one-beds in Axis Residences 2 were fetching at the time (AED 690). 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. 515-A's AED 52,000 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

515-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 13 August 2017 for AED 568,792, or AED 711 per sqft.
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 58,000 to AED 28,000 in 2021 and recovered to AED 52,000 by August 2026.
  • At AED 52,000 a year the gross yield on the 2017 price is 9.1%, 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 23 August 2026.

Questions about 515-A, Axis Residences 2

What did unit 515-A last sell for?

AED 568,792 on 13 August 2017, sold by the developer: AED 711 per sqft for 800 sqft. It is the only registered sale of the unit.

What is the rent for unit 515-A?

AED 52,000 a year on the contract signed on 23 August 2026. The previous contract, from September 2024, was AED 50,000; the unit has been rented since June 2014.

How big is unit 515-A?

800 sqft (74.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 515-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 515-A, Axis Residences 2

Starts from the last sale price (AED 569K, 13 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 568,792
Deposit, UAE resident (20%)
AED 113,758
Deposit, non-resident (40%)
AED 227,517
Monthly over 25 years at 3.7%
AED 2,327

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