1-bed · 749 sqftAxis Residences 2, Dubai Silicon Oasis · 7th floor · completed 2014

714-B, Axis Residences 2

Sold prices and rental history: sold twice, last in February 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714-B · DLD and Ejari recordsUpdated 26 September 2026
Last soldAED 420K5 February 2024
Current rentAED 53K /yr26 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714-B, Axis Residences 2

What is 714-B worth today?

Last sold for AED 420,000 in 2024

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26 Sep 2026RentedNew contract
AED 53,000/yr12 months · AED 71 per sqft
1 May 2026RentedRenewal
AED 58,002/yr2 months · AED 77 per sqft
1 May 2025RentedNew contract
AED 58,000/yr12 months · AED 77 per sqft
1 Dec 2024RentedNew contract
AED 65,000/yr12 months · AED 87 per sqft
5 Feb 2024SoldReady
AED 420,000AED 560 per sqft
26 Oct 2020RentedRenewal
AED 30,000/yr12 months · AED 40 per sqft
26 May 2020RentedRenewal
AED 46,000/yr5 months · AED 61 per sqft
26 May 2019RentedRenewal
AED 46,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 26 September 2026.

Key facts

Type
1-bed apartment
Size
749 sqft
Floor
7th of 8
Parking
208
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 420K · February 2024

About 714-B, Axis Residences 2

714-B is a one-bedroom apartment of 749 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 5 February 2024 for AED 420,000, or AED 560 per sqft, 10% above the AED 508 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 26 September 2026, is AED 53,000 a year: a gross yield of 12.6% on the 2024 price, before the service charge of about AED 8,000 a year.

Sales and rents for 714-B over time

Sales
Unit 714-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, September 2015: AED 496,853 (AED 663 per sqft)Sold, February 2024: AED 420,000 (AED 560 per sqft)

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

Rents
Unit 714-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, May 2014: AED 60,000 a yearNew contract, May 2015: AED 61,000 a yearRenewal, May 2018: AED 46,000 a yearRenewal, May 2019: AED 46,000 a yearRenewal, May 2020: AED 46,000 a yearRenewal, October 2020: AED 30,000 a yearNew contract, December 2024: AED 65,000 a yearNew contract, May 2025: AED 58,000 a yearRenewal, May 2026: AED 58,002 a yearNew contract, September 2026: AED 53,000 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 714-B sits

All 268 1-beds →

714-B last sold in February 2024 at AED 560 per sqft, 10% above what one-beds in Axis Residences 2 were fetching at the time (AED 508). 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. 714-B's AED 53,000 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

714-B, Axis Residences 2 in numbers

  • Sold twice: first on 14 September 2015 for AED 496,853, last on 5 February 2024 for AED 420,000 (AED 560 per sqft).
  • Rented since May 2014 on 10 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2020 and recovered to AED 53,000 by September 2026.
  • At AED 53,000 a year the gross yield on the 2024 price is 12.6%, 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 26 September 2026.

Questions about 714-B, Axis Residences 2

What did unit 714-B last sell for?

AED 420,000 on 5 February 2024: AED 560 per sqft for 749 sqft. The unit has 2 registered sales; the first was AED 496,853 in September 2015.

What is the rent for unit 714-B?

AED 53,000 a year on the contract signed on 26 September 2026. The previous contract, from May 2026, was AED 58,002; the unit has been rented since May 2014.

How big is unit 714-B?

749 sqft (69.6 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 714-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 714-B, Axis Residences 2

Starts from the last sale price (AED 420K, 5 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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