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2-bed · 1,047 sqftAxis Residences 2, Dubai Silicon Oasis · 5th floor · completed 2014

519-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 519-A · DLD and Ejari recordsUpdated 1 April 2025
Last soldAED 733K26 July 2015
Current rentAED 72K /yr1 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 519-A

Property timeline for 519-A, Axis Residences 2

What is 519-A worth today?

Last sold for AED 732,831 in 2015

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1 Apr 2025RentedNew contract
AED 72,000/yr12 months · AED 69 per sqft
25 Mar 2024RentedNew contract
AED 62,000/yr12 months · AED 59 per sqft
15 Nov 2022RentedRenewal
AED 45,000/yr12 months · AED 43 per sqft
15 Nov 2021RentedRenewal
AED 40,000/yr12 months · AED 38 per sqft
15 Nov 2020RentedNew contract
AED 40,000/yr12 months · AED 38 per sqft
15 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 57 per sqft
1 May 2017RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft
26 Jul 2015Sold by developerReady
AED 732,831AED 700 per sqft

Source: Dubai Land Department. Updated 1 April 2025.

Key facts

Type
2-bed apartment
Size
1,047 sqft
Floor
5th of 8
Parking
180,181
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 11,200 /yr
Last sold
AED 733K · July 2015
Building
Axis Residences 2

About 519-A, Axis Residences 2

519-A is a two-bedroom apartment of 1,047 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 26 July 2015 for AED 732,831, or AED 700 per sqft, 9% above the AED 642 two-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 1 April 2025, is AED 72,000 a year: a gross yield of 9.8% on the 2015 price, before the service charge of about AED 11,200 a year.

Sales and rents for 519-A over time

Rents
Unit 519-A, each contractTypical two-bed in Axis Residences 2
40K60K80K2014201820222026Typical rent by year: 2014 AED 80,000; 2015 AED 74,062; 2016 AED 80,000; 2017 AED 72,000; 2018 AED 65,000; 2019 AED 55,000; 2020 AED 45,000; 2021 AED 40,000; 2022 AED 39,000; 2023 AED 50,000; 2024 AED 60,000; 2025 AED 64,000; 2026 AED 70,000New contract, June 2014: AED 80,000 a yearNew contract, May 2017: AED 75,000 a yearNew contract, August 2018: AED 60,000 a yearNew contract, November 2020: AED 40,000 a yearRenewal, November 2021: AED 40,000 a yearRenewal, November 2022: AED 45,000 a yearNew contract, March 2024: AED 62,000 a yearNew contract, April 2025: AED 72,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Axis Residences 2, and where 519-A sits

All 16 2-beds →

519-A last sold in July 2015 at AED 700 per sqft, 9% above what two-beds in Axis Residences 2 were fetching at the time (AED 642). 519-A's AED 72,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Sep 2025825,000
9 Jul 2024670,000
17 May 2024850,000
12 Sep 2023230,000
0 2-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

519-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 26 July 2015 for AED 732,831, or AED 700 per sqft.
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 80,000 to AED 40,000 in 2021 and recovered to AED 72,000 by April 2025.
  • At AED 72,000 a year the gross yield on the 2015 price is 9.8%, before a service charge of about AED 11,200 a year (AED 10.71 per sqft).

Source: Dubai Land Department. Updated 1 April 2025.

Questions about 519-A, Axis Residences 2

What did unit 519-A last sell for?

AED 732,831 on 26 July 2015, sold by the developer: AED 700 per sqft for 1,047 sqft. It is the only registered sale of the unit.

What is the rent for unit 519-A?

AED 72,000 a year on the contract signed on 1 April 2025. The previous contract, from March 2024, was AED 62,000; the unit has been rented since June 2014.

How big is unit 519-A?

1,047 sqft (97.3 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2014.

What is unit 519-A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 519-A, Axis Residences 2

Starts from the last sale price (AED 733K, 26 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 732,831
Deposit, UAE resident (20%)
AED 146,566
Deposit, non-resident (40%)
AED 293,132
Monthly over 25 years at 3.7%
AED 2,998

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