1-bed · 822 sqftAxis Residences 2, Dubai Silicon Oasis · 7th floor · completed 2014

708-B, Axis Residences 2

Sold prices and rental history: sold twice, last in July 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708-B · DLD and Ejari recordsUpdated 10 July 2025
Last soldAED 610K10 July 2025
Current rentAED 42K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708-B, Axis Residences 2

What is 708-B worth today?

Last sold for AED 610,000 in 2025

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10 Jul 2025SoldReady
AED 610,000AED 741 per sqft
1 Nov 2023RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
5 Oct 2021RentedNew contract
AED 28,000/yr12 months · AED 34 per sqft
1 Oct 2020RentedRenewal
AED 32,000/yr12 months · AED 39 per sqft
1 Oct 2019RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
1 Oct 2018RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
1 Aug 2017RentedNew contract
AED 55,000/yr12 months · AED 67 per sqft
20 Jul 2015RentedNew contract
AED 65,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 10 July 2025.

Key facts

Type
1-bed apartment
Size
822 sqft
Floor
7th of 8
Parking
214
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 610K · July 2025

About 708-B, Axis Residences 2

708-B is a one-bedroom apartment of 822 sqft on the 7th 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 10 July 2025 for AED 610,000, or AED 741 per sqft, 11% above the AED 667 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 November 2023, is AED 42,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 8,800 a year.

Sales and rents for 708-B over time

Sales
Unit 708-B, each saleTypical one-bed in Axis Residences 2
500K1M2013201720212025Typical 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, March 2015: AED 1,121,229 (AED 1,363 per sqft)Sold, July 2025: AED 610,000 (AED 741 per sqft)

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

Rents
Unit 708-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 2015: AED 65,000 a yearNew contract, August 2017: AED 55,000 a yearNew contract, October 2018: AED 42,000 a yearRenewal, October 2019: AED 40,000 a yearRenewal, October 2020: AED 32,000 a yearNew contract, October 2021: AED 28,000 a yearNew contract, November 2023: AED 42,000 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 708-B sits

All 268 1-beds →

708-B last sold in July 2025 at AED 741 per sqft, 11% above what one-beds in Axis Residences 2 were fetching at the time (AED 667). 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. 708-B's AED 42,000 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 7th floor

All 284 units in Axis Residences 2
Value
701-A1-bedAED 365K · Jan 2023
701-B1-bedAED 573K · Aug 2017
702-A1-bedAED 450K · Dec 2024
702-B1-bedAED 544K · Mar 2018
703-A1-bedAED 490K · Jun 2024
703-B1-bedAED 429K · Sep 2023
704-A1-bedAED 540K · Jun 2025
1–7 of 37

708-B, Axis Residences 2 in numbers

  • Sold twice: first on 2 March 2015 for AED 1,121,229, last on 10 July 2025 for AED 610,000 (AED 741 per sqft).
  • Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 65,000 to AED 28,000 in 2021 and recovered to AED 42,000 by November 2023.
  • At AED 42,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 8,800 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 10 July 2025.

Questions about 708-B, Axis Residences 2

What did unit 708-B last sell for?

AED 610,000 on 10 July 2025: AED 741 per sqft for 822 sqft. The unit has 2 registered sales; the first was AED 1,121,229 in March 2015.

What is the rent for unit 708-B?

AED 42,000 a year on the contract signed on 1 November 2023. The previous contract, from October 2021, was AED 28,000; the unit has been rented since July 2015.

How big is unit 708-B?

822 sqft (76.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 708-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 708-B, Axis Residences 2

Starts from the last sale price (AED 610K, 10 July 2025). Switch to today's estimate once you have unlocked it.
Price
AED 610,000
Deposit, UAE resident (20%)
AED 122,000
Deposit, non-resident (40%)
AED 244,000
Monthly over 25 years at 3.7%
AED 2,496

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