1-bed · 750 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

612-B, Axis Residences 2

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

Unit 612-B · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 482K14 September 2015
Current rentAED 50K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 612-B, Axis Residences 2

What is 612-B worth today?

Last sold for AED 481,792 in 2015

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1 Jun 2026RentedRenewal
AED 50,000/yr12 months · AED 67 per sqft
1 Jun 2025RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
25 Aug 2024RentedRenewal
AED 39,914/yr8 months · AED 53 per sqft
25 Aug 2023RentedNew contract
AED 34,500/yr12 months · AED 46 per sqft
25 Aug 2022RentedNew contract
AED 30,000/yr12 months · AED 40 per sqft
18 Aug 2021RentedNew contract
AED 27,000/yr12 months · AED 36 per sqft
5 Aug 2020RentedRenewal
AED 30,000/yr12 months · AED 40 per sqft
5 Aug 2019RentedRenewal
AED 39,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
6th of 8
Parking
230
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 482K · September 2015

About 612-B, Axis Residences 2

612-B is a one-bedroom apartment of 750 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 September 2015 for AED 481,792, or AED 642 per sqft, 7% below the AED 687 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 1 June 2026, is AED 50,000 a year: a gross yield of 10.4% on the 2015 price, before the service charge of about AED 8,000 a year.

Sales and rents for 612-B over time

Sales
Unit 612-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, September 2015: AED 481,792 (AED 642 per sqft)

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

Rents
Unit 612-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 55,000 a yearNew contract, August 2016: AED 52,000 a yearRenewal, August 2017: AED 54,000 a yearRenewal, August 2018: AED 47,000 a yearRenewal, August 2019: AED 39,000 a yearRenewal, August 2020: AED 30,000 a yearNew contract, August 2021: AED 27,000 a yearNew contract, August 2022: AED 30,000 a yearNew contract, August 2023: AED 34,500 a yearRenewal, August 2024: AED 39,914 a yearNew contract, June 2025: AED 50,000 a yearRenewal, June 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 612-B sits

All 268 1-beds →

612-B last sold in September 2015 at AED 642 per sqft, 7% below what one-beds in Axis Residences 2 were fetching at the time (AED 687). 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. 612-B'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 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

612-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 14 September 2015 for AED 481,792, or AED 642 per sqft.
  • Rented since June 2014 on 12 Ejari contracts. The rent fell from AED 55,000 to AED 27,000 in 2021 and recovered to AED 50,000 by June 2026.
  • At AED 50,000 a year the gross yield on the 2015 price is 10.4%, before a service charge of about AED 8,000 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 June 2026.

Questions about 612-B, Axis Residences 2

What did unit 612-B last sell for?

AED 481,792 on 14 September 2015, sold by the developer: AED 642 per sqft for 750 sqft. It is the only registered sale of the unit.

What is the rent for unit 612-B?

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

How big is unit 612-B?

750 sqft (69.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 612-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 612-B, Axis Residences 2

Starts from the last sale price (AED 482K, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 481,792
Deposit, UAE resident (20%)
AED 96,358
Deposit, non-resident (40%)
AED 192,717
Monthly over 25 years at 3.7%
AED 1,971

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