709-B, Axis Residences 2
Sold prices and rental history: sold once, by the developer in April 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709-B, Axis Residences 2
What is 709-B worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 794 sqft
- Floor
- 7th of 8
- Parking
- 213
- Developer
- Gulf General Investments Co
- Completed
- 2014
- Service charge
- AED 8,500 /yr
- Last sold
- AED 536K · April 2016
- Building
- Axis Residences 2
About 709-B, Axis Residences 2
709-B is a one-bedroom apartment of 794 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. The developer sold it on 14 April 2016 for AED 535,775, or AED 675 per sqft, in line with the AED 684 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 48,000 a year: a gross yield of 9.0% on the 2016 price, before the service charge of about AED 8,500 a year.
Sales and rents for 709-B over time
709-B has sold once; the dashed line is the one-bed median of each year in the building.
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 709-B sits
All 268 1-beds →709-B last sold in April 2016 at AED 675 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 684). 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. 709-B's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 770 sqft | 520,000 | 675 | ||
| 10 Jul 202610 July 2026 | 793 sqft | 555,000 | 699 | ||
| 24 Jun 202624 June 2026 | 800 sqft | 500,000 | 625 | ||
| 14 May 202614 May 2026 | 773 sqft | 568,000 | 734 |
Axis Residences 2
Building284 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%
Other units on the 7th floor
All 284 units in Axis Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701-A | 1-bed | 843 sqft | AED 365KAED 365,000 · Jan 2023January 2023 | 60,000 /yr | |
| 701-B | 1-bed | 843 sqft | AED 573KAED 573,161 · Aug 2017August 2017 | 40,000 /yr | |
| 702-A | 1-bed | 758 sqft | AED 450KAED 450,000 · Dec 2024December 2024 | 50,000 /yr | |
| 702-B | 1-bed | 758 sqft | AED 544KAED 544,325 · Mar 2018March 2018 | 48,000 /yr | |
| 703-A | 1-bed | 853 sqft | AED 490KAED 490,000 · Jun 2024June 2024 | 50,000 /yr | |
| 703-B | 1-bed | 853 sqft | AED 429KAED 428,617 · Sep 2023September 2023 | 32,000 /yr | |
| 704-A | 1-bed | 770 sqft | AED 540KAED 540,000 · Jun 2025June 2025 | 48,000 /yr | |
| 704-B | 1-bed | 770 sqft | AED 535KAED 534,842 · Aug 2015August 2015 | 47,000 /yr | |
| 705-A | 1-bed | 791 sqft | AED 410KAED 409,693 · Sep 2023September 2023 | 48,000 /yr | |
| 705-B | 1-bed | 791 sqft | AED 591KAED 591,162 · Aug 2015August 2015 | 32,000 /yr | |
| 706-A | 1-bed | 822 sqft | AED 500KAED 500,000 · Mar 2014March 2014 | 37,000 /yr | |
| 706-B | 1-bed | 822 sqft | AED 340KAED 340,000 · Sep 2021September 2021 | 38,000 /yr | |
| 707-A | 1-bed | 802 sqft | AED 578KAED 577,777 · Jul 2016July 2016 | 50,000 /yr | |
| 707-B | 1-bed | 802 sqft | AED 450KAED 450,000 · Jul 2022July 2022 | 53,000 /yr | |
| 708-A | 1-bed | 822 sqft | AED 563KAED 562,810 · Feb 2016February 2016 | 55,000 /yr | |
| 708-B | 1-bed | 822 sqft | AED 610KAED 610,000 · Jul 2025July 2025 | 42,000 /yr | |
| 709-A | 1-bed | 794 sqft | AED 404KAED 404,000 · Nov 2023November 2023 | 36,000 /yr | |
| 710-A | 1-bed | 476 sqft | AED 700KAED 700,000 · Jun 2014June 2014 | 40,910 /yr | |
| 710-B | 1-bed | 846 sqft | AED 561KAED 560,690 · Feb 2014February 2014 | 53,000 /yr | |
| 711-A | 1-bed | 793 sqft | AED 527KAED 526,746 · Sep 2015September 2015 | 43,000 /yr | |
| 711-B | 1-bed | 793 sqft | AED 550KAED 550,000 · Oct 2017October 2017 | 60,000 /yr | |
| 712-A | 1-bed | 750 sqft | AED 501KAED 500,686 · Sep 2017September 2017 | 43,000 /yr | |
| 712-B | 1-bed | 750 sqft | AED 356KAED 355,500 · Nov 2019November 2019 | 48,000 /yr | |
| 713-A | 1-bed | 793 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 50,000 /yr | |
| 713-B | 1-bed | 793 sqft | AED 385KAED 385,000 · Mar 2019March 2019 | 54,000 /yr | |
| 714-A | 1-bed | 749 sqft | AED 400KAED 400,000 · Jan 2024January 2024 | 55,000 /yr | |
| 714-B | 1-bed | 749 sqft | AED 420KAED 420,000 · Feb 2024February 2024 | 53,000 /yr | |
| 715-A | 1-bed | 800 sqft | AED 500KAED 500,000 · Mar 2014March 2014 | 53,000 /yr | |
| 715-B | 1-bed | 800 sqft | AED 559KAED 558,635 · Sep 2015September 2015 | 51,608 /yr | |
| 716-A | 1-bed | 769 sqft | AED 507KAED 507,471 · Aug 2015August 2015 | 44,500 /yr | |
| 716-B | 1-bed | 769 sqft | AED 490KAED 490,171 · Oct 2015October 2015 | 55,000 /yr | |
| 717-A | 1-bed | 773 sqft | AED 470KAED 470,000 · Jul 2024July 2024 | 52,000 /yr | |
| 717-B | 1-bed | 773 sqft | AED 585KAED 585,000 · Mar 2025March 2025 | 55,000 /yr | |
| 718-A | 1-bed | 755 sqft | AED 480KAED 480,000 · Dec 2024December 2024 | 52,000 /yr | |
| 718-B | 1-bed | 755 sqft | No registered sale | 44,100 /yr | |
| 719-A | 2-bed | 1,047 sqft | No registered sale | 63,000 /yr | |
| 719-B | 2-bed | 1,047 sqft | No registered sale |
709-B, Axis Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 14 April 2016 for AED 535,775, or AED 675 per sqft.
- Rented since July 2014 on 10 Ejari contracts. The rent fell from AED 59,000 to AED 26,500 in 2021 and recovered to AED 48,000 by August 2025.
- At AED 48,000 a year the gross yield on the 2016 price is 9.0%, before a service charge of about AED 8,500 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 August 2025.
Questions about 709-B, Axis Residences 2
What did unit 709-B last sell for?
AED 535,775 on 14 April 2016, sold by the developer: AED 675 per sqft for 794 sqft. It is the only registered sale of the unit.
What is the rent for unit 709-B?
AED 48,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 48,000; the unit has been rented since July 2014.
How big is unit 709-B?
794 sqft (73.8 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.
What is unit 709-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 709-B, Axis Residences 2
Starts from the last sale price (AED 536K, 14 April 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 535,775
- Deposit, UAE resident (20%)
- AED 107,155
- Deposit, non-resident (40%)
- AED 214,310
- Monthly over 25 years at 3.7%
- AED 2,192
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →