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1-bed · 749 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

614-A, Axis Residences 2

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

Unit 614-A · DLD and Ejari recordsUpdated 2 March 2025
Last soldAED 518K15 December 2014
Current rentAED 48K /yr2 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 614-A, Axis Residences 2

What is 614-A worth today?

Last sold for AED 517,556 in 2014

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2 Mar 2025RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
2 Mar 2025RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
2 Mar 2024RentedNew contract
AED 45,000/yr12 months · AED 60 per sqft
13 Jul 2022RentedRenewal
AED 29,000/yr12 months · AED 39 per sqft
13 Jul 2021RentedNew contract
AED 26,000/yr12 months · AED 35 per sqft
1 Jun 2019RentedNew contract
AED 37,000/yr12 months · AED 49 per sqft
5 Mar 2018RentedRenewal
AED 55,000/yr12 months · AED 73 per sqft
5 Mar 2017RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 2 March 2025.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
6th of 8
Parking
195
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 518K · December 2014
Building
Axis Residences 2

About 614-A, Axis Residences 2

614-A is a one-bedroom apartment of 749 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 15 December 2014 for AED 517,556, or AED 691 per sqft, 4% above the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 2 March 2025, is AED 48,000 a year: a gross yield of 9.3% on the 2014 price, before the service charge of about AED 8,000 a year.

Sales and rents for 614-A over time

Sales
Unit 614-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, December 2014: AED 517,556 (AED 691 per sqft)

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

Rents
Unit 614-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, March 2015: AED 59,000 a yearRenewal, March 2016: AED 59,000 a yearNew contract, March 2017: AED 58,000 a yearRenewal, March 2018: AED 55,000 a yearNew contract, June 2019: AED 37,000 a yearNew contract, July 2021: AED 26,000 a yearRenewal, July 2022: AED 29,000 a yearNew contract, March 2024: AED 45,000 a yearRenewal, March 2025: AED 48,000 a yearRenewal, March 2025: AED 48,000 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 614-A sits

All 268 1-beds →

614-A last sold in December 2014 at AED 691 per sqft, 4% above what one-beds in Axis Residences 2 were fetching at the time (AED 662). 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. 614-A's AED 48,000 is in the lower 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

614-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 15 December 2014 for AED 517,556, or AED 691 per sqft.
  • Rented since March 2015 on 10 Ejari contracts. The rent fell from AED 59,000 to AED 26,000 in 2021 and recovered to AED 48,000 by March 2025.
  • At AED 48,000 a year the gross yield on the 2014 price is 9.3%, 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 2 March 2025.

Questions about 614-A, Axis Residences 2

What did unit 614-A last sell for?

AED 517,556 on 15 December 2014, sold by the developer: AED 691 per sqft for 749 sqft. It is the only registered sale of the unit.

What is the rent for unit 614-A?

AED 48,000 a year on the contract renewed on 2 March 2025. The previous contract, from March 2025, was AED 48,000; the unit has been rented since March 2015.

How big is unit 614-A?

749 sqft (69.6 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 614-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 614-A, Axis Residences 2

Starts from the last sale price (AED 518K, 15 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 517,556
Deposit, UAE resident (20%)
AED 103,511
Deposit, non-resident (40%)
AED 207,022
Monthly over 25 years at 3.7%
AED 2,117

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