1-bed · 802 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

607-B, Axis Residences 2

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

Unit 607-B · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 487K14 November 2017
Current rentAED 51K /yr20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 607-B, Axis Residences 2

What is 607-B worth today?

Last sold for AED 487,343 in 2017

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20 Mar 2025RentedNew contract
AED 51,000/yr12 months · AED 63 per sqft
20 Mar 2025RentedNew contract
AED 51,000/yr12 months · AED 63 per sqft
1 Mar 2022RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
1 Jan 2020RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft
14 Nov 2017Sold by developerReady
AED 487,343AED 607 per sqft
1 Sep 2016RentedRenewal
AED 63,000/yr12 months · AED 78 per sqft
1 Sep 2015RentedRenewal
AED 63,000/yr12 months · AED 78 per sqft
1 Sep 2014RentedNew contract
AED 63,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
6th of 8
Parking
235
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 487K · November 2017

About 607-B, Axis Residences 2

607-B is a one-bedroom apartment of 802 sqft on the 6th 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 14 November 2017 for AED 487,343, or AED 607 per sqft, 12% below the AED 691 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 20 March 2025, is AED 51,000 a year: a gross yield of 10.5% on the 2017 price, before the service charge of about AED 8,600 a year.

Sales and rents for 607-B over time

Sales
Unit 607-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 537,500Sold by developer, November 2017: AED 487,343 (AED 607 per sqft)

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

Rents
Unit 607-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, September 2014: AED 63,000 a yearRenewal, September 2015: AED 63,000 a yearRenewal, September 2016: AED 63,000 a yearNew contract, January 2020: AED 34,000 a yearNew contract, March 2022: AED 30,000 a yearNew contract, March 2025: AED 51,000 a yearNew contract, March 2025: AED 51,000 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 607-B sits

All 268 1-beds →

607-B last sold in November 2017 at AED 607 per sqft, 12% below what one-beds in Axis Residences 2 were fetching at the time (AED 691). 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. 607-B's AED 51,000 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 6th floor

All 284 units in Axis Residences 2
Value
601-A1-bedAED 708K · Feb 2015
601-B1-bedAED 464K · Sep 2013
602-A1-bedAED 300K · Aug 2022
602-B1-bedAED 554K · Jul 2017
603-A1-bedAED 469K · Sep 2013
603-B1-bedAED 300K · May 2023
604-A1-bedAED 435K · Nov 2018
1–7 of 37

607-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 14 November 2017 for AED 487,343, or AED 607 per sqft.
  • Rented since September 2014 on 7 Ejari contracts. The rent fell from AED 63,000 to AED 30,000 in 2022 and recovered to AED 51,000 by March 2025.
  • At AED 51,000 a year the gross yield on the 2017 price is 10.5%, 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 20 March 2025.

Questions about 607-B, Axis Residences 2

What did unit 607-B last sell for?

AED 487,343 on 14 November 2017, sold by the developer: AED 607 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit 607-B?

AED 51,000 a year on the contract signed on 20 March 2025. The previous contract, from March 2025, was AED 51,000; the unit has been rented since September 2014.

How big is unit 607-B?

802 sqft (74.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 607-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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Mortgage on 607-B, Axis Residences 2

Starts from the last sale price (AED 487K, 14 November 2017). Switch to today's estimate once you have unlocked it.
Price
AED 487,343
Deposit, UAE resident (20%)
AED 97,469
Deposit, non-resident (40%)
AED 194,937
Monthly over 25 years at 3.7%
AED 1,994

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