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

107-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in January 2016, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 107-B · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 537K17 January 2016
Current rentAED 39K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 107-B, Axis Residences 2

What is 107-B worth today?

Last sold for AED 537,365 in 2016

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1 Nov 2024RentedRenewal
AED 38,500/yr12 months · AED 48 per sqft
1 Nov 2023RentedRenewal
AED 35,000/yr12 months · AED 44 per sqft
10 Oct 2020RentedNew contract
AED 26,000/yr12 months · AED 33 per sqft
1 Aug 2019RentedRenewal
AED 41,000/yr12 months · AED 51 per sqft
17 Jan 2016Sold by developerReady
AED 537,365AED 677 per sqft
1 Jun 2015RentedNew contract
AED 62,000/yr12 months · AED 78 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
1st of 8
Parking
98
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 537K · January 2016

About 107-B, Axis Residences 2

107-B is a one-bedroom apartment of 793 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 17 January 2016 for AED 537,365, or AED 677 per sqft, in line with the AED 684 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 38,500 a year: a gross yield of 7.2% on the 2016 price, before the service charge of about AED 8,500 a year.

Sales and rents for 107-B over time

Sales
Unit 107-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 547,272; 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, January 2016: AED 537,365 (AED 677 per sqft)

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

Rents
Unit 107-B, 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, June 2015: AED 62,000 a yearRenewal, August 2019: AED 41,000 a yearNew contract, October 2020: AED 26,000 a yearRenewal, November 2023: AED 35,000 a yearRenewal, November 2024: AED 38,500 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 107-B sits

All 262 1-beds →

107-B last sold in January 2016 at AED 677 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 684). 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. 107-B's AED 38,500 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
103-B1-bedAED 602K · Sep 2016
104-A1-bedAED 320K · Sep 2020
1–7 of 29

107-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 January 2016 for AED 537,365, or AED 677 per sqft.
  • Rented since June 2015 on 5 Ejari contracts. The rent fell from AED 62,000 to AED 26,000 in 2020 and recovered to AED 38,500 by November 2024.
  • At AED 38,500 a year the gross yield on the 2016 price is 7.2%, 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 750 per sqft.

Source: Dubai Land Department. Updated 1 November 2024.

Questions about 107-B, Axis Residences 2

What did unit 107-B last sell for?

AED 537,365 on 17 January 2016, sold by the developer: AED 677 per sqft for 793 sqft. It is the only registered sale of the unit.

What is the rent for unit 107-B?

AED 38,500 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 35,000; the unit has been rented since June 2015.

How big is unit 107-B?

793 sqft (73.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.

What is unit 107-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 107-B, Axis Residences 2

Starts from the last sale price (AED 537K, 17 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 537,365
Deposit, UAE resident (20%)
AED 107,473
Deposit, non-resident (40%)
AED 214,946
Monthly over 25 years at 3.7%
AED 2,199

Plus AED 27,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →