1-bed · 750 sqftAxis Residences 2, Dubai Silicon Oasis · 1st floor · completed 2014

108-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108-B · DLD and Ejari recordsUpdated 2 February 2022
Last soldAED 510K14 September 2015
Current rentAED 30K /yr2 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108-B, Axis Residences 2

What is 108-B worth today?

Last sold for AED 510,192 in 2015

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2 Feb 2022RentedRenewal
AED 30,000/yr12 months · AED 40 per sqft
2 Feb 2020RentedNew contract
AED 35,500/yr12 months · AED 47 per sqft
28 Sep 2018RentedRenewal
AED 46,000/yr12 months · AED 61 per sqft
28 Sep 2017RentedNew contract
AED 48,000/yr12 months · AED 64 per sqft
14 Sep 2015Sold by developerReady
AED 510,192AED 679 per sqft
1 Jul 2015RentedNew contract
AED 60,000/yr12 months · AED 80 per sqft
25 May 2014RentedNew contract
AED 52,000/yr12 months · AED 69 per sqft

Source: Dubai Land Department. Updated 2 February 2022.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
1st of 8
Parking
97
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 510K · September 2015

About 108-B, Axis Residences 2

108-B is a one-bedroom apartment of 750 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 14 September 2015 for AED 510,192, or AED 679 per sqft, in line with the AED 687 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 2 February 2022, is AED 30,000 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 8,000 a year.

Sales and rents for 108-B over time

Sales
Unit 108-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, September 2015: AED 510,192 (AED 679 per sqft)

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

Rents
Unit 108-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, May 2014: AED 52,000 a yearNew contract, July 2015: AED 60,000 a yearNew contract, September 2017: AED 48,000 a yearRenewal, September 2018: AED 46,000 a yearNew contract, February 2020: AED 35,500 a yearRenewal, February 2022: AED 30,000 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 108-B sits

All 262 1-beds →

108-B last sold in September 2015 at AED 679 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 687). 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. 108-B's AED 30,000 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

108-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 14 September 2015 for AED 510,192, or AED 679 per sqft.
  • Rented since May 2014 on 6 Ejari contracts, from AED 52,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 8,000 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 2 February 2022.

Questions about 108-B, Axis Residences 2

What did unit 108-B last sell for?

AED 510,192 on 14 September 2015, sold by the developer: AED 679 per sqft for 750 sqft. It is the only registered sale of the unit.

What is the rent for unit 108-B?

AED 30,000 a year on the contract renewed on 2 February 2022. The previous contract, from February 2020, was AED 35,500; the unit has been rented since May 2014.

How big is unit 108-B?

750 sqft (69.7 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.

What is unit 108-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 108-B, Axis Residences 2

Starts from the last sale price (AED 510K, 14 September 2015). Switch to today's estimate once you have unlocked it.
Price
AED 510,192
Deposit, UAE resident (20%)
AED 102,038
Deposit, non-resident (40%)
AED 204,077
Monthly over 25 years at 3.7%
AED 2,087

Plus AED 26,438 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →