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

618-B, Axis Residences 2

Sold prices and rental history: sold twice, last in June 2022, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 618-B · DLD and Ejari recordsUpdated 4 October 2025
Last soldAED 340K24 June 2022
Current rentAED 44K /yr4 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 618-B, Axis Residences 2

What is 618-B worth today?

Last sold for AED 340,000 in 2022

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4 Oct 2025RentedRenewal
AED 44,000/yr12 months · AED 58 per sqft
4 Oct 2024RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
4 Oct 2023RentedRenewal
AED 38,000/yr12 months · AED 50 per sqft
4 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 46 per sqft
24 Jun 2022SoldReady
AED 340,000AED 450 per sqft
2 Oct 2021RentedRenewal
AED 31,829/yr12 months · AED 42 per sqft
4 Oct 2020RentedRenewal
AED 35,196/yr12 months · AED 47 per sqft
4 Oct 2019RentedRenewal
AED 39,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 4 October 2025.

Key facts

Type
1-bed apartment
Size
755 sqft
Floor
6th of 8
Parking
224
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,100 /yr
Last sold
AED 340K · June 2022

About 618-B, Axis Residences 2

618-B 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 24 June 2022 for AED 340,000, or AED 450 per sqft, 11% above the AED 407 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 4 October 2025, is AED 44,000 a year: a gross yield of 12.9% on the 2022 price, before the service charge of about AED 8,100 a year.

Sales and rents for 618-B over time

Sales
Unit 618-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 530,525 (AED 702 per sqft)Sold, June 2022: AED 340,000 (AED 450 per sqft)

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

Rents
Unit 618-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, July 2014: AED 55,000 a yearNew contract, August 2015: AED 56,000 a yearNew contract, June 2018: AED 40,000 a yearNew contract, October 2018: AED 42,000 a yearRenewal, October 2019: AED 39,000 a yearRenewal, October 2020: AED 35,196 a yearRenewal, October 2021: AED 31,829 a yearNew contract, October 2022: AED 35,000 a yearRenewal, October 2023: AED 38,000 a yearRenewal, October 2024: AED 42,000 a yearRenewal, October 2025: AED 44,000 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-B sits

All 268 1-beds →

618-B last sold in June 2022 at AED 450 per sqft, 11% above what one-beds in Axis Residences 2 were fetching at the time (AED 407). 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-B's AED 44,000 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-B, Axis Residences 2 in numbers

  • Sold twice: first on 15 September 2015 for AED 530,525, last on 24 June 2022 for AED 340,000 (AED 450 per sqft).
  • Rented since July 2014 on 11 Ejari contracts. The rent fell from AED 55,000 to AED 31,829 in 2021 and recovered to AED 44,000 by October 2025.
  • At AED 44,000 a year the gross yield on the 2022 price is 12.9%, 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 4 October 2025.

Questions about 618-B, Axis Residences 2

What did unit 618-B last sell for?

AED 340,000 on 24 June 2022: AED 450 per sqft for 755 sqft. The unit has 2 registered sales; the first was AED 530,525 in September 2015.

What is the rent for unit 618-B?

AED 44,000 a year on the contract renewed on 4 October 2025. The previous contract, from October 2024, was AED 42,000; the unit has been rented since July 2014.

How big is unit 618-B?

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-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 618-B, Axis Residences 2

Starts from the last sale price (AED 340K, 24 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 340,000
Deposit, UAE resident (20%)
AED 68,000
Deposit, non-resident (40%)
AED 136,000
Monthly over 25 years at 3.7%
AED 1,391

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