1-bed · 769 sqftAxis Residences 2, Dubai Silicon Oasis · 7th floor · completed 2014

716-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716-A · DLD and Ejari recordsUpdated 15 November 2025
Last soldAED 507K5 August 2015
Current rentAED 22K /yr15 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716-A, Axis Residences 2

What is 716-A worth today?

Last sold for AED 507,471 in 2015

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15 Nov 2025RentedRenewal
AED 22,000/yr12 months · AED 29 per sqft
15 Nov 2025RentedRenewal
AED 44,500/yr12 months · AED 58 per sqft
15 Nov 2024RentedRenewal
AED 22,000/yr12 months · AED 29 per sqft
15 Nov 2023RentedRenewal
AED 22,000/yr12 months · AED 29 per sqft
15 Nov 2022RentedRenewal
AED 22,000/yr12 months · AED 29 per sqft
15 Nov 2021RentedNew contract
AED 22,000/yr12 months · AED 29 per sqft
25 Apr 2019RentedRenewal
AED 60,000/yr12 months · AED 79 per sqft
25 Apr 2018RentedRenewal
AED 60,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 15 November 2025.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
7th of 8
Parking
290
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,200 /yr
Last sold
AED 507K · August 2015

About 716-A, Axis Residences 2

716-A is a one-bedroom apartment of 769 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 5 August 2015 for AED 507,471, or AED 659 per sqft, 5% below the AED 692 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 15 November 2025, is AED 22,000 a year: a gross yield of 4.3% on the 2015 price, before the service charge of about AED 8,200 a year.

Sales and rents for 716-A over time

Sales
Unit 716-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, August 2015: AED 507,471 (AED 659 per sqft)

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

Rents
Unit 716-A, each contractTypical one-bed in Axis Residences 2
20K40K60K2014201820222026Typical 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 2014: AED 60,000 a yearNew contract, April 2017: AED 60,000 a yearRenewal, April 2018: AED 60,000 a yearRenewal, April 2019: AED 60,000 a yearNew contract, November 2021: AED 22,000 a yearRenewal, November 2022: AED 22,000 a yearRenewal, November 2023: AED 22,000 a yearRenewal, November 2024: AED 22,000 a yearRenewal, November 2025: AED 22,000 a yearRenewal, November 2025: AED 44,500 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 716-A sits

All 268 1-beds →

716-A last sold in August 2015 at AED 659 per sqft, 5% below what one-beds in Axis Residences 2 were fetching at the time (AED 692). 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. 716-A's AED 22,000 is at the bottom 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

716-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 5 August 2015 for AED 507,471, or AED 659 per sqft.
  • Rented since April 2014 on 10 Ejari contracts, from AED 60,000 to AED 22,000 a year.
  • At AED 22,000 a year the gross yield on the 2015 price is 4.3%, before a service charge of about AED 8,200 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 November 2025.

Questions about 716-A, Axis Residences 2

What did unit 716-A last sell for?

AED 507,471 on 5 August 2015, sold by the developer: AED 659 per sqft for 769 sqft. It is the only registered sale of the unit.

What is the rent for unit 716-A?

AED 22,000 a year on the contract renewed on 15 November 2025. The previous contract, from November 2025, was AED 44,500; the unit has been rented since April 2014.

How big is unit 716-A?

769 sqft (71.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 716-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 716-A, Axis Residences 2

Starts from the last sale price (AED 507K, 5 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 507,471
Deposit, UAE resident (20%)
AED 101,494
Deposit, non-resident (40%)
AED 202,988
Monthly over 25 years at 3.7%
AED 2,076

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