1-bed · 803 sqftAxis Residences 2, Dubai Silicon Oasis · 1st floor · completed 2014

103-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 103-B · DLD and Ejari recordsUpdated 10 September 2023
Last soldAED 602K21 September 2016
Current rentAED 35K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 103-B, Axis Residences 2

What is 103-B worth today?

Last sold for AED 601,708 in 2016

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10 Sep 2023RentedNew contract
AED 34,500/yr12 months · AED 43 per sqft
10 Sep 2021RentedRenewal
AED 28,000/yr12 months · AED 35 per sqft
10 Sep 2020RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
15 Aug 2019RentedRenewal
AED 39,000/yr12 months · AED 49 per sqft
1 Nov 2018RentedNew contract
AED 59,672/yr9 months · AED 74 per sqft
21 Sep 2016Sold by developerReady
AED 601,708AED 749 per sqft
15 Aug 2016RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
1 Aug 2014RentedNew contract
AED 56,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 10 September 2023.

Key facts

Type
1-bed apartment
Size
803 sqft
Floor
1st of 8
Parking
102
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 602K · September 2016

About 103-B, Axis Residences 2

103-B is a one-bedroom apartment of 803 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 601,708, or AED 749 per sqft, 10% above the AED 679 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 10 September 2023, is AED 34,500 a year: a gross yield of 5.7% on the 2016 price, before the service charge of about AED 8,600 a year.

Sales and rents for 103-B over time

Sales
Unit 103-B, 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 601,708 (AED 749 per sqft)

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

Rents
Unit 103-B, each contractTypical one-bed in Axis Residences 2
40K60K2014201820222026Typical 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 2014: AED 56,000 a yearNew contract, August 2016: AED 60,000 a yearNew contract, November 2018: AED 59,672 a yearRenewal, August 2019: AED 39,000 a yearNew contract, September 2020: AED 28,000 a yearRenewal, September 2021: AED 28,000 a yearNew contract, September 2023: AED 34,500 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 103-B sits

All 262 1-beds →

103-B last sold in September 2016 at AED 749 per sqft, 10% 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. 103-B's AED 34,500 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-A1-bedAED 591K · Sep 2016
102-B1-bedAED 596K · Aug 2017
103-A1-bedAED 602K · Sep 2016
104-A1-bedAED 320K · Sep 2020
104-B1-bedAED 320K · Sep 2020
1–7 of 29

103-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 21 September 2016 for AED 601,708, or AED 749 per sqft.
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 56,000 to AED 28,000 in 2021 and recovered to AED 34,500 by September 2023.
  • At AED 34,500 a year the gross yield on the 2016 price is 5.7%, before a service charge of about AED 8,600 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 10 September 2023.

Questions about 103-B, Axis Residences 2

What did unit 103-B last sell for?

AED 601,708 on 21 September 2016, sold by the developer: AED 749 per sqft for 803 sqft. It is the only registered sale of the unit.

What is the rent for unit 103-B?

AED 34,500 a year on the contract signed on 10 September 2023. The previous contract, from September 2021, was AED 28,000; the unit has been rented since August 2014.

How big is unit 103-B?

803 sqft (74.6 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.

What is unit 103-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 750 per sqft.

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Mortgage on 103-B, Axis Residences 2

Starts from the last sale price (AED 602K, 21 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 601,708
Deposit, UAE resident (20%)
AED 120,342
Deposit, non-resident (40%)
AED 240,683
Monthly over 25 years at 3.7%
AED 2,462

Plus AED 30,281 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →