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1-bed · 755 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

618-A, Axis Residences 2

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

Unit 618-A · DLD and Ejari recordsUpdated 27 April 2026
Last soldAED 545K27 April 2017
Current rentAED 48K /yr27 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 618-A, Axis Residences 2

What is 618-A worth today?

Last sold for AED 545,000 in 2017

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27 Apr 2026RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
10 Feb 2025RentedRenewal
AED 40,000/yr12 months · AED 53 per sqft
10 Feb 2024RentedNew contract
AED 36,000/yr12 months · AED 48 per sqft
10 Feb 2022RentedNew contract
AED 28,500/yr12 months · AED 38 per sqft
24 Jul 2020RentedRenewal
AED 29,000/yr12 months · AED 38 per sqft
24 Jul 2019RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
1 Jul 2018RentedRenewal
AED 50,000/yr12 months · AED 66 per sqft
1 Jul 2017RentedNew contract
AED 50,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 27 April 2026.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
6th of 8
Parking
199
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 545K · April 2017
Building
Axis Residences 2

About 618-A, Axis Residences 2

618-A is a one-bedroom apartment of 755 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 27 April 2017 for AED 545,000, or AED 721 per sqft, 5% above the AED 685 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 27 April 2026, is AED 48,000 a year: a gross yield of 8.8% on the 2017 price, before the service charge of about AED 8,100 a year.

Sales and rents for 618-A over time

Sales
Unit 618-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 530,524 (AED 702 per sqft)Sold, April 2017: AED 545,000 (AED 721 per sqft)

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

Rents
Unit 618-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, April 2014: AED 56,000 a yearNew contract, April 2016: AED 60,000 a yearNew contract, July 2017: AED 50,000 a yearRenewal, July 2018: AED 50,000 a yearNew contract, July 2019: AED 35,000 a yearRenewal, July 2020: AED 29,000 a yearNew contract, February 2022: AED 28,500 a yearNew contract, February 2024: AED 36,000 a yearRenewal, February 2025: AED 40,000 a yearNew contract, April 2026: 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 618-A sits

All 268 1-beds →

618-A last sold in April 2017 at AED 721 per sqft, 5% above what one-beds in Axis Residences 2 were fetching at the time (AED 685). 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. 618-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

618-A, Axis Residences 2 in numbers

  • Sold twice: first on 7 December 2014 for AED 530,524, last on 27 April 2017 for AED 545,000 (AED 721 per sqft).
  • Rented since April 2014 on 10 Ejari contracts. The rent fell from AED 56,000 to AED 28,500 in 2022 and recovered to AED 48,000 by April 2026.
  • At AED 48,000 a year the gross yield on the 2017 price is 8.8%, before a service charge of about AED 8,100 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 April 2026.

Questions about 618-A, Axis Residences 2

What did unit 618-A last sell for?

AED 545,000 on 27 April 2017: AED 721 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 530,524 in December 2014.

What is the rent for unit 618-A?

AED 48,000 a year on the contract signed on 27 April 2026. The previous contract, from February 2025, was AED 40,000; the unit has been rented since April 2014.

How big is unit 618-A?

755 sqft (70.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 618-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 618-A, Axis Residences 2

Starts from the last sale price (AED 545K, 27 April 2017). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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