1-bed · 793 sqftAxis Residences 2, Dubai Silicon Oasis · 7th floor · completed 2014

711-B, Axis Residences 2

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 711-B · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 550K1 October 2017
Current rentAED 60K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 711-B, Axis Residences 2

What is 711-B worth today?

Last sold for AED 550,000 in 2017

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15 Feb 2026RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
15 Nov 2024RentedRenewal
AED 48,000/yr12 months · AED 60 per sqft
15 Nov 2023RentedNew contract
AED 42,900/yr12 months · AED 54 per sqft
15 Nov 2022RentedRenewal
AED 39,000/yr12 months · AED 49 per sqft
15 Nov 2021RentedRenewal
AED 34,000/yr12 months · AED 43 per sqft
15 Nov 2020RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
30 Aug 2019RentedRenewal
AED 46,000/yr12 months · AED 58 per sqft
30 Aug 2018RentedNew contract
AED 46,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
7th of 8
Parking
211
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 550K · October 2017

About 711-B, Axis Residences 2

711-B is a one-bedroom apartment of 793 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 1 October 2017 for AED 550,000, or AED 693 per sqft, in line with the AED 702 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, signed on 15 February 2026, is AED 60,000 a year: a gross yield of 10.9% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for 711-B over time

Sales
Unit 711-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, June 2015: AED 536,684 (AED 676 per sqft)Sold, October 2017: AED 550,000 (AED 693 per sqft)

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

Rents
Unit 711-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, January 2016: AED 59,000 a yearNew contract, August 2017: AED 53,000 a yearNew contract, August 2018: AED 46,000 a yearRenewal, August 2019: AED 46,000 a yearNew contract, November 2020: AED 35,000 a yearRenewal, November 2021: AED 34,000 a yearRenewal, November 2022: AED 39,000 a yearNew contract, November 2023: AED 42,900 a yearRenewal, November 2024: AED 48,000 a yearNew contract, February 2026: AED 60,000 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 711-B sits

All 268 1-beds →

711-B last sold in October 2017 at AED 693 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 702). 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. 711-B's AED 60,000 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 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

711-B, Axis Residences 2 in numbers

  • Sold twice: first on 3 June 2015 for AED 536,684, last on 1 October 2017 for AED 550,000 (AED 693 per sqft).
  • Rented since January 2016 on 10 Ejari contracts. The rent fell from AED 59,000 to AED 34,000 in 2021 and recovered to AED 60,000 by February 2026.
  • At AED 60,000 a year the gross yield on the 2017 price is 10.9%, 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 15 February 2026.

Questions about 711-B, Axis Residences 2

What did unit 711-B last sell for?

AED 550,000 on 1 October 2017: AED 693 per sqft for 793 sqft. The unit has 2 registered sales; the first was AED 536,684 in June 2015.

What is the rent for unit 711-B?

AED 60,000 a year on the contract signed on 15 February 2026. The previous contract, from November 2024, was AED 48,000; the unit has been rented since January 2016.

How big is unit 711-B?

793 sqft (73.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 711-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 711-B, Axis Residences 2

Starts from the last sale price (AED 550K, 1 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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