1-bed · 793 sqftAxis Residences 2, Dubai Silicon Oasis · 8th floor · completed 2014

811-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811-B · DLD and Ejari recordsUpdated 1 September 2023
Last soldAED 547K5 August 2015
Current rentAED 40K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811-B, Axis Residences 2

What is 811-B worth today?

Last sold for AED 546,623 in 2015

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1 Sep 2023RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
14 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
25 Mar 2020RentedRenewal
AED 38,000/yr12 months · AED 48 per sqft
25 Mar 2019RentedNew contract
AED 42,000/yr12 months · AED 53 per sqft
5 Aug 2015Sold by developerReady
AED 546,623AED 689 per sqft

Source: Dubai Land Department. Updated 1 September 2023.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
8th of 8
Parking
264
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 547K · August 2015

About 811-B, Axis Residences 2

811-B is a one-bedroom apartment of 793 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. The developer sold it on 5 August 2015 for AED 546,623, or AED 689 per sqft, in line with the AED 692 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 1 September 2023, is AED 40,000 a year: a gross yield of 7.3% on the 2015 price, before the service charge of about AED 8,500 a year.

Sales and rents for 811-B over time

Sales
Unit 811-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, August 2015: AED 546,623 (AED 689 per sqft)

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

Rents
Unit 811-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, March 2019: AED 42,000 a yearRenewal, March 2020: AED 38,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, September 2023: AED 40,000 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 811-B sits

All 268 1-beds →

811-B last sold in August 2015 at AED 689 per sqft, in line with 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. 811-B's AED 40,000 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

811-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 5 August 2015 for AED 546,623, or AED 689 per sqft.
  • Rented since March 2019 on 4 Ejari contracts. The rent fell from AED 42,000 to AED 28,000 in 2021 and recovered to AED 40,000 by September 2023.
  • At AED 40,000 a year the gross yield on the 2015 price is 7.3%, before a service charge of about AED 8,500 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 1 September 2023.

Questions about 811-B, Axis Residences 2

What did unit 811-B last sell for?

AED 546,623 on 5 August 2015, sold by the developer: AED 689 per sqft for 793 sqft. It is the only registered sale of the unit.

What is the rent for unit 811-B?

AED 40,000 a year on the contract signed on 1 September 2023. The previous contract, from April 2021, was AED 28,000; the unit has been rented since March 2019.

How big is unit 811-B?

793 sqft (73.7 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 811-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 811-B, Axis Residences 2

Starts from the last sale price (AED 547K, 5 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 546,623
Deposit, UAE resident (20%)
AED 109,325
Deposit, non-resident (40%)
AED 218,649
Monthly over 25 years at 3.7%
AED 2,236

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