1-bed · 822 sqftAxis Residences 2, Dubai Silicon Oasis · 8th floor · completed 2014

806-A, Axis Residences 2

Sold prices and rental history: sold twice, last in November 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 806-A · DLD and Ejari recordsUpdated 9 October 2022
Last soldAED 355K19 November 2019
Current rentAED 34K /yr9 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 806-A, Axis Residences 2

What is 806-A worth today?

Last sold for AED 354,883 in 2019

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9 Oct 2022RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft
1 Sep 2021RentedRenewal
AED 30,500/yr12 months · AED 37 per sqft
1 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 39 per sqft
19 Nov 2019SoldReady
AED 354,883AED 431 per sqft
13 Aug 2019RentedRenewal
AED 35,094/yr12 months · AED 43 per sqft
11 Aug 2018RentedNew contract
AED 44,000/yr12 months · AED 54 per sqft
15 Jun 2017RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
11 Oct 2015Sold by developerReady
AED 557,312AED 678 per sqft

Source: Dubai Land Department. Updated 9 October 2022.

Key facts

Type
1-bed apartment
Size
822 sqft
Floor
8th of 8
Parking
300
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 355K · November 2019

About 806-A, Axis Residences 2

806-A is a one-bedroom apartment of 822 sqft on the 8th 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 354,883, or AED 431 per sqft, 11% below the AED 483 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, signed on 9 October 2022, is AED 34,000 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 8,800 a year.

Sales and rents for 806-A over time

Sales
Unit 806-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, October 2015: AED 557,312 (AED 678 per sqft)Sold, November 2019: AED 354,883 (AED 431 per sqft)

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

Rents
Unit 806-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, June 2017: AED 50,000 a yearNew contract, August 2018: AED 44,000 a yearRenewal, August 2019: AED 35,094 a yearNew contract, September 2020: AED 32,000 a yearRenewal, September 2021: AED 30,500 a yearNew contract, October 2022: AED 34,000 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 806-A sits

All 268 1-beds →

806-A last sold in November 2019 at AED 431 per sqft, 11% below 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. 806-A's AED 34,000 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 8th floor

All 284 units in Axis Residences 2
Value
801-A1-bedAED 527K · Mar 2018
801-B1-bedNo registered sale
802-A1-bedAED 390K · Sep 2023
802-B1-bedAED 529K · Feb 2018
803-A1-bedAED 469K · Sep 2013
803-B1-bedAED 300K · May 2023
804-A1-bedAED 400K · Mar 2018
1–7 of 37

806-A, Axis Residences 2 in numbers

  • Sold twice: first on 11 October 2015 for AED 557,312, last on 19 November 2019 for AED 354,883 (AED 431 per sqft).
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 30,500 in 2021 and recovered to AED 34,000 by October 2022.
  • At AED 34,000 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 8,800 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 9 October 2022.

Questions about 806-A, Axis Residences 2

What did unit 806-A last sell for?

AED 354,883 on 19 November 2019: AED 431 per sqft for 822 sqft. The unit has 2 registered sales; the first was AED 557,312 in October 2015.

What is the rent for unit 806-A?

AED 34,000 a year on the contract signed on 9 October 2022. The previous contract, from September 2021, was AED 30,500; the unit has been rented since June 2017.

How big is unit 806-A?

822 sqft (76.4 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 806-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 806-A, Axis Residences 2

Starts from the last sale price (AED 355K, 19 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 354,883
Deposit, UAE resident (20%)
AED 70,977
Deposit, non-resident (40%)
AED 141,953
Monthly over 25 years at 3.7%
AED 1,452

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