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1-bed · 769 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

616-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 616-B · DLD and Ejari recordsUpdated 27 March 2026
Last soldAED 529K28 September 2015
Current rentAED 47K /yr27 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 616-B, Axis Residences 2

What is 616-B worth today?

Last sold for AED 528,616 in 2015

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27 Mar 2026RentedRenewal
AED 47,000/yr12 months · AED 61 per sqft
27 Mar 2025RentedRenewal
AED 43,000/yr12 months · AED 56 per sqft
27 Mar 2024RentedRenewal
AED 39,000/yr12 months · AED 51 per sqft
27 Mar 2023RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
30 Jan 2021RentedNew contract
AED 24,000/yr12 months · AED 31 per sqft
10 Nov 2019RentedNew contract
AED 33,000/yr12 months · AED 43 per sqft
15 Sep 2018RentedNew contract
AED 42,000/yr12 months · AED 55 per sqft
28 Sep 2015Sold by developerReady
AED 528,616AED 687 per sqft

Source: Dubai Land Department. Updated 27 March 2026.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
6th of 8
Parking
226
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,200 /yr
Last sold
AED 529K · September 2015
Building
Axis Residences 2

About 616-B, Axis Residences 2

616-B is a one-bedroom apartment of 769 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 28 September 2015 for AED 528,616, or AED 687 per sqft, in line with the AED 688 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 27 March 2026, is AED 47,000 a year: a gross yield of 8.9% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 616-B over time

Sales
Unit 616-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 528,616 (AED 687 per sqft)

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

Rents
Unit 616-B, each contractTypical one-bed in Axis Residences 2
20K40K60K2014201820222026Typical 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 2018: AED 42,000 a yearNew contract, November 2019: AED 33,000 a yearNew contract, January 2021: AED 24,000 a yearNew contract, March 2023: AED 35,000 a yearRenewal, March 2024: AED 39,000 a yearRenewal, March 2025: AED 43,000 a yearRenewal, March 2026: AED 47,000 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 616-B sits

All 268 1-beds →

616-B last sold in September 2015 at AED 687 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 688). 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. 616-B's AED 47,000 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

616-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 28 September 2015 for AED 528,616, or AED 687 per sqft.
  • Rented since September 2018 on 7 Ejari contracts. The rent fell from AED 42,000 to AED 24,000 in 2021 and recovered to AED 47,000 by March 2026.
  • At AED 47,000 a year the gross yield on the 2015 price is 8.9%, before a service charge of about AED 8,200 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 27 March 2026.

Questions about 616-B, Axis Residences 2

What did unit 616-B last sell for?

AED 528,616 on 28 September 2015, sold by the developer: AED 687 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 616-B?

AED 47,000 a year on the contract renewed on 27 March 2026. The previous contract, from March 2025, was AED 43,000; the unit has been rented since September 2018.

How big is unit 616-B?

769 sqft (71.4 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 616-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 616-B, Axis Residences 2

Starts from the last sale price (AED 529K, 28 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 528,616
Deposit, UAE resident (20%)
AED 105,723
Deposit, non-resident (40%)
AED 211,446
Monthly over 25 years at 3.7%
AED 2,163

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