1-bed · 750 sqftAxis Residences 2, Dubai Silicon Oasis · 7th floor · completed 2014

712-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712-A · DLD and Ejari recordsUpdated 20 June 2026
Last soldAED 501K24 September 2017
Current rentAED 43K /yr20 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 712-A, Axis Residences 2

What is 712-A worth today?

Last sold for AED 500,686 in 2017

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20 Jun 2026RentedRenewal
AED 43,000/yr12 months · AED 57 per sqft
20 Jun 2025RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
20 Jun 2025RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
20 Jun 2024RentedRenewal
AED 42,000/yr12 months · AED 56 per sqft
20 Jun 2023RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
15 Apr 2022RentedNew contract
AED 33,000/yr12 months · AED 44 per sqft
24 Sep 2017Sold by developerReady
AED 500,686AED 667 per sqft

Source: Dubai Land Department. Updated 20 June 2026.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
7th of 8
Parking
286
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 501K · September 2017

About 712-A, Axis Residences 2

712-A is a one-bedroom apartment of 750 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 24 September 2017 for AED 500,686, or AED 667 per sqft, 5% below the AED 702 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 20 June 2026, is AED 43,000 a year: a gross yield of 8.6% on the 2017 price, before the service charge of about AED 8,000 a year.

Sales and rents for 712-A over time

Sales
Unit 712-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, September 2017: AED 500,686 (AED 667 per sqft)

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

Rents
Unit 712-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 2022: AED 33,000 a yearNew contract, June 2023: AED 40,000 a yearRenewal, June 2024: AED 42,000 a yearRenewal, June 2025: AED 42,000 a yearRenewal, June 2025: AED 42,000 a yearRenewal, June 2026: AED 43,000 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 712-A sits

All 268 1-beds →

712-A last sold in September 2017 at AED 667 per sqft, 5% below 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. 712-A's AED 43,000 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

712-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 24 September 2017 for AED 500,686, or AED 667 per sqft.
  • Rented since April 2022 on 6 Ejari contracts, from AED 33,000 to AED 43,000 a year.
  • At AED 43,000 a year the gross yield on the 2017 price is 8.6%, before a service charge of about AED 8,000 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 20 June 2026.

Questions about 712-A, Axis Residences 2

What did unit 712-A last sell for?

AED 500,686 on 24 September 2017, sold by the developer: AED 667 per sqft for 750 sqft. It is the only registered sale of the unit.

What is the rent for unit 712-A?

AED 43,000 a year on the contract renewed on 20 June 2026. The previous contract, from June 2025, was AED 42,000; the unit has been rented since April 2022.

How big is unit 712-A?

750 sqft (69.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 712-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 712-A, Axis Residences 2

Starts from the last sale price (AED 501K, 24 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 500,686
Deposit, UAE resident (20%)
AED 100,137
Deposit, non-resident (40%)
AED 200,274
Monthly over 25 years at 3.7%
AED 2,048

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