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

712-B, Axis Residences 2

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 712-B · DLD and Ejari recordsUpdated 7 May 2025
Last soldAED 356K19 November 2019
Current rentAED 48K /yr7 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 712-B, Axis Residences 2

What is 712-B worth today?

Last sold for AED 355,500 in 2019

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7 May 2025RentedRenewal
AED 48,000/yr12 months · AED 64 per sqft
7 May 2024RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
9 Apr 2023RentedRenewal
AED 35,500/yr12 months · AED 47 per sqft
9 Apr 2022RentedRenewal
AED 30,000/yr12 months · AED 40 per sqft
9 Apr 2021RentedNew contract
AED 27,000/yr12 months · AED 36 per sqft
19 Nov 2019SoldReady
AED 355,500AED 473 per sqft
15 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 53 per sqft
19 Nov 2017Sold by developerReady
AED 519,582AED 692 per sqft

Source: Dubai Land Department. Updated 7 May 2025.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
7th of 8
Parking
210
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 356K · November 2019
Building
Axis Residences 2

About 712-B, Axis Residences 2

712-B 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. It last sold on 19 November 2019 for AED 355,500, or AED 473 per sqft, in line with the AED 483 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 May 2025, is AED 48,000 a year: a gross yield of 13.5% on the 2019 price, before the service charge of about AED 8,000 a year.

Sales and rents for 712-B over time

Sales
Unit 712-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, November 2017: AED 519,582 (AED 692 per sqft)Sold, November 2019: AED 355,500 (AED 473 per sqft)

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

Rents
Unit 712-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, April 2019: AED 40,000 a yearNew contract, April 2021: AED 27,000 a yearRenewal, April 2022: AED 30,000 a yearRenewal, April 2023: AED 35,500 a yearNew contract, May 2024: AED 48,000 a yearRenewal, May 2025: AED 48,000 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-B sits

All 268 1-beds →

712-B last sold in November 2019 at AED 473 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 483). 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-B's AED 48,000 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-B, Axis Residences 2 in numbers

  • Sold twice: first on 19 November 2017 for AED 519,582, last on 19 November 2019 for AED 355,500 (AED 473 per sqft).
  • Rented since April 2019 on 6 Ejari contracts. The rent fell from AED 40,000 to AED 27,000 in 2021 and recovered to AED 48,000 by May 2025.
  • At AED 48,000 a year the gross yield on the 2019 price is 13.5%, 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 7 May 2025.

Questions about 712-B, Axis Residences 2

What did unit 712-B last sell for?

AED 355,500 on 19 November 2019: AED 473 per sqft for 750 sqft. The unit has 2 registered sales; the first was AED 519,582 in November 2017.

What is the rent for unit 712-B?

AED 48,000 a year on the contract renewed on 7 May 2025. The previous contract, from May 2024, was AED 48,000; the unit has been rented since April 2019.

How big is unit 712-B?

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-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 712-B, Axis Residences 2

Starts from the last sale price (AED 356K, 19 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 355,500
Deposit, UAE resident (20%)
AED 71,100
Deposit, non-resident (40%)
AED 142,200
Monthly over 25 years at 3.7%
AED 1,454

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