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

109-A, Axis Residences 2

Sold prices and rental history: sold twice, last in November 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109-A · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 430K2 November 2023
Current rentAED 28K /yr18 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109-A, Axis Residences 2

What is 109-A worth today?

Last sold for AED 430,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Nov 2023SoldReady
AED 430,000AED 542 per sqft
18 Nov 2021RentedRenewal
AED 28,000/yr12 months · AED 35 per sqft
18 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 40 per sqft
1 Sep 2017RentedNew contract
AED 49,000/yr12 months · AED 62 per sqft
15 Sep 2015Sold by developerReady
AED 537,322AED 677 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
1st of 8
Parking
9
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 430K · November 2023

About 109-A, Axis Residences 2

109-A 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. It last sold on 2 November 2023 for AED 430,000, or AED 542 per sqft, 13% above the AED 481 one-beds in the building were fetching at the time.

It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 18 November 2021, is AED 28,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 8,500 a year.

Sales and rents for 109-A over time

Sales
Unit 109-A, 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 537,322 (AED 677 per sqft)Sold, November 2023: AED 430,000 (AED 542 per sqft)

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

Rents
Unit 109-A, 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, September 2017: AED 49,000 a yearNew contract, November 2019: AED 32,000 a yearRenewal, November 2021: AED 28,000 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 109-A sits

All 262 1-beds →

109-A last sold in November 2023 at AED 542 per sqft, 13% above what one-beds in Axis Residences 2 were fetching at the time (AED 481). 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. 109-A's AED 28,000 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

109-A, Axis Residences 2 in numbers

  • Sold twice: first on 15 September 2015 for AED 537,322, last on 2 November 2023 for AED 430,000 (AED 542 per sqft).
  • Rented since September 2017 on 3 Ejari contracts, from AED 49,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2023 price is 6.5%, 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 2 November 2023.

Questions about 109-A, Axis Residences 2

What did unit 109-A last sell for?

AED 430,000 on 2 November 2023: AED 542 per sqft for 793 sqft. The unit has 2 registered sales; the first was AED 537,322 in September 2015.

What is the rent for unit 109-A?

AED 28,000 a year on the contract renewed on 18 November 2021. The previous contract, from November 2019, was AED 32,000; the unit has been rented since September 2017.

How big is unit 109-A?

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

What is unit 109-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.

Selling 109-A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 109-A, Axis Residences 2

Starts from the last sale price (AED 430K, 2 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →