1-bed · 773 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

617-A, Axis Residences 2

Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 617-A · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 430K9 January 2024
Current rentAED 56K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 617-A, Axis Residences 2

What is 617-A worth today?

Last sold for AED 430,000 in 2024

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1 Apr 2026RentedRenewal
AED 56,000/yr12 months · AED 72 per sqft
1 Apr 2024RentedNew contract
AED 56,000/yr12 months · AED 72 per sqft
9 Jan 2024SoldReady
AED 430,000AED 556 per sqft
1 Dec 2022RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
10 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Jul 2019RentedRenewal
AED 18,000/yr24 months · AED 24 per sqft
1 Jul 2018RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
1 May 2016RentedNew contract
AED 66,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
773 sqft
Floor
6th of 8
Parking
198
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,300 /yr
Last sold
AED 430K · January 2024

About 617-A, Axis Residences 2

617-A is a one-bedroom apartment of 773 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. It last sold on 9 January 2024 for AED 430,000, or AED 556 per sqft, 11% above the AED 502 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 56,000 a year: a gross yield of 13.0% on the 2024 price, before the service charge of about AED 8,300 a year.

Sales and rents for 617-A over time

Sales
Unit 617-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, September 2015: AED 510,882 (AED 660 per sqft)Sold, January 2024: AED 430,000 (AED 556 per sqft)

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

Rents
Unit 617-A, each contractTypical one-bed in Axis Residences 2
25K50K2014201820222026Typical 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 53,000 a yearNew contract, May 2016: AED 66,000 a yearNew contract, July 2018: AED 48,000 a yearRenewal, July 2019: AED 18,000 a yearNew contract, November 2021: AED 30,000 a yearNew contract, December 2022: AED 36,000 a yearNew contract, April 2024: AED 56,000 a yearRenewal, April 2026: AED 56,000 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 617-A sits

All 268 1-beds →

617-A last sold in January 2024 at AED 556 per sqft, 11% above what one-beds in Axis Residences 2 were fetching at the time (AED 502). 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. 617-A's AED 56,000 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

617-A, Axis Residences 2 in numbers

  • Sold twice: first on 14 September 2015 for AED 510,882, last on 9 January 2024 for AED 430,000 (AED 556 per sqft).
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 53,000 to AED 18,000 in 2019 and recovered to AED 56,000 by April 2026.
  • At AED 56,000 a year the gross yield on the 2024 price is 13.0%, before a service charge of about AED 8,300 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 April 2026.

Questions about 617-A, Axis Residences 2

What did unit 617-A last sell for?

AED 430,000 on 9 January 2024: AED 556 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 510,882 in September 2015.

What is the rent for unit 617-A?

AED 56,000 a year on the contract renewed on 1 April 2026. The previous contract, from April 2024, was AED 56,000; the unit has been rented since June 2014.

How big is unit 617-A?

773 sqft (71.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 617-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 617-A, Axis Residences 2

Starts from the last sale price (AED 430K, 9 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

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