1-bed · 724 sqftAxis Residences 2, Dubai Silicon Oasis · 1st floor · completed 2014

102-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 102-A · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 591K21 September 2016
Current rentAED 40K /yr25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 102-A, Axis Residences 2

What is 102-A worth today?

Last sold for AED 591,329 in 2016

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25 Jul 2024RentedNew contract
AED 39,675/yr12 months · AED 55 per sqft
25 Jul 2022RentedRenewal
AED 30,000/yr12 months · AED 41 per sqft
25 Jul 2021RentedNew contract
AED 25,000/yr12 months · AED 35 per sqft
1 Jul 2019RentedNew contract
AED 36,000/yr12 months · AED 50 per sqft
25 Oct 2018RentedNew contract
AED 40,000/yr6 months · AED 55 per sqft
18 Aug 2017RentedNew contract
AED 47,000/yr12 months · AED 65 per sqft
21 Sep 2016Sold by developerReady
AED 591,329AED 817 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
1-bed apartment
Size
724 sqft
Floor
1st of 8
Parking
2
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 7,700 /yr
Last sold
AED 591K · September 2016

About 102-A, Axis Residences 2

102-A is a one-bedroom apartment of 724 sqft on the 1st 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 21 September 2016 for AED 591,329, or AED 817 per sqft, 20% above the AED 679 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 25 July 2024, is AED 39,675 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 7,700 a year.

Sales and rents for 102-A over time

Sales
Unit 102-A, each saleTypical one-bed in Axis Residences 2
400K600K2013201720212025Typical sale price by year: 2013 AED 466,422; 2014 AED 530,524; 2015 AED 539,797; 2016 AED 547,272; 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 385,000; 2024 AED 450,000; 2025 AED 540,000Sold by developer, September 2016: AED 591,329 (AED 817 per sqft)

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

Rents
Unit 102-A, each contractTypical one-bed in Axis Residences 2
20K40K60K2014201820222026Typical rent by year: 2014 AED 58,000; 2015 AED 59,000; 2016 AED 58,500; 2017 AED 53,000; 2018 AED 46,000; 2019 AED 38,000; 2020 AED 31,000; 2021 AED 27,600; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 43,560; 2025 AED 46,153; 2026 AED 54,000New contract, August 2017: AED 47,000 a yearNew contract, October 2018: AED 40,000 a yearNew contract, July 2019: AED 36,000 a yearNew contract, July 2021: AED 25,000 a yearRenewal, July 2022: AED 30,000 a yearNew contract, July 2024: AED 39,675 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 102-A sits

All 262 1-beds →

102-A last sold in September 2016 at AED 817 per sqft, 20% above what one-beds in Axis Residences 2 were fetching at the time (AED 679). Over the last 12 months one-beds sold for AED 500,000 to 650,000, around AED 750 per sqft, and rent for AED 22,000 to 60,000 a year. 102-A's AED 39,675 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jan 2026500,000
8 Jan 2026600,000
10 Jul 2025610,000
8 Jul 2025550,000
3 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. 3 sold in the last 12 months.

Typical price per sqft
AED 750
Typical sale
AED 600K
Typical rent
AED 53K /yr
Typical yield
8.7%
Axis Residences 2, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 284 units in Axis Residences 2
Value
101-A1-bedAED 581K · Oct 2015
101-B1-bedAED 587K · Sep 2016
102-B1-bedAED 596K · Aug 2017
103-A1-bedAED 602K · Sep 2016
103-B1-bedAED 602K · Sep 2016
104-A1-bedAED 320K · Sep 2020
104-B1-bedAED 320K · Sep 2020
1–7 of 29

102-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 21 September 2016 for AED 591,329, or AED 817 per sqft.
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 47,000 to AED 25,000 in 2021 and recovered to AED 39,675 by July 2024.
  • At AED 39,675 a year the gross yield on the 2016 price is 6.7%, before a service charge of about AED 7,700 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 750 per sqft.

Source: Dubai Land Department. Updated 25 July 2024.

Questions about 102-A, Axis Residences 2

What did unit 102-A last sell for?

AED 591,329 on 21 September 2016, sold by the developer: AED 817 per sqft for 724 sqft. It is the only registered sale of the unit.

What is the rent for unit 102-A?

AED 39,675 a year on the contract signed on 25 July 2024. The previous contract, from July 2022, was AED 30,000; the unit has been rented since August 2017.

How big is unit 102-A?

724 sqft (67.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.

What is unit 102-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 750 per sqft.

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Mortgage on 102-A, Axis Residences 2

Starts from the last sale price (AED 591K, 21 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 591,329
Deposit, UAE resident (20%)
AED 118,266
Deposit, non-resident (40%)
AED 236,532
Monthly over 25 years at 3.7%
AED 2,419

Plus AED 29,846 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →