
111-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.
Property timeline for 111-B, Axis Residences 2
What is 111-B worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 800 sqft
- Floor
- 1st of 8
- Parking
- 94
- Developer
- Gulf General Investments Co
- Completed
- 2014
- Service charge
- AED 8,600 /yr
- Last sold
- AED 548K · September 2015
- Building
- Axis Residences 2
About 111-B, Axis Residences 2
111-B is a one-bedroom apartment of 800 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 547,695, or AED 684 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 10 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 44,500 a year: a gross yield of 8.1% on the 2015 price, before the service charge of about AED 8,600 a year.
Sales and rents for 111-B over time
111-B has sold once; the dashed line is the one-bed median of each year in the building.
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 111-B sits
All 262 1-beds →111-B last sold in September 2015 at AED 684 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. 111-B's AED 44,500 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202623 January 2026 | 750 sqft | 500,000 | 666 | ||
| 8 Jan 20268 January 2026 | 800 sqft | 600,000 | 750 | ||
| 10 Jul 202510 July 2025 | 822 sqft | 610,000 | 741 | ||
| 8 Jul 20258 July 2025 | 773 sqft | 550,000 | 711 |
Axis Residences 2
Building284 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%
Other units on the 1st floor
All 284 units in Axis Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101-A | 1-bed | 867 sqft | AED 581KAED 580,954 · Oct 2015October 2015 | 45,000 /yr | |
| 101-B | 1-bed | 867 sqft | AED 587KAED 587,409 · Sep 2016September 2016 | 53,000 /yr | |
| 102-A | 1-bed | 724 sqft | AED 591KAED 591,329 · Sep 2016September 2016 | 39,675 /yr | |
| 102-B | 1-bed | 724 sqft | AED 596KAED 595,661 · Aug 2017August 2017 | 39,356 /yr | |
| 103-A | 1-bed | 803 sqft | AED 602KAED 601,708 · Sep 2016September 2016 | 34,000 /yr | |
| 103-B | 1-bed | 803 sqft | AED 602KAED 601,708 · Sep 2016September 2016 | 34,500 /yr | |
| 104-A | 1-bed | 819 sqft | AED 320KAED 320,000 · Sep 2020September 2020 | 46,000 /yr | |
| 104-B | 1-bed | 819 sqft | AED 320KAED 320,000 · Sep 2020September 2020 | 47,000 /yr | |
| 105-A | 1-bed | 793 sqft | AED 537KAED 537,376 · Sep 2015September 2015 | 43,000 /yr | |
| 105-B | 1-bed | 793 sqft | AED 537KAED 537,376 · Jul 2015July 2015 | 43,000 /yr | |
| 106-A | 1-bed | 845 sqft | AED 345KAED 345,000 · Sep 2021September 2021 | 52,000 /yr | |
| 106-B | 1-bed | 845 sqft | AED 354KAED 353,500 · Feb 2022February 2022 | 56,000 /yr | |
| 107-A | 1-bed | 793 sqft | AED 537KAED 537,365 · Nov 2017November 2017 | 42,000 /yr | |
| 107-B | 1-bed | 793 sqft | AED 537KAED 537,365 · Jan 2016January 2016 | 38,500 /yr | |
| 108-A | 1-bed | 750 sqft | AED 510KAED 510,192 · Apr 2016April 2016 | 26,000 /yr | |
| 108-B | 1-bed | 750 sqft | AED 510KAED 510,192 · Sep 2015September 2015 | 30,000 /yr | |
| 109-A | 1-bed | 793 sqft | AED 430KAED 430,000 · Nov 2023November 2023 | 28,000 /yr | |
| 109-B | 1-bed | 793 sqft | AED 537KAED 537,322 · Sep 2015September 2015 | 43,100 /yr | |
| 110-A | 1-bed | 749 sqft | AED 510KAED 510,192 · Sep 2015September 2015 | 48,000 /yr | |
| 110-B | 1-bed | 749 sqft | AED 508KAED 508,210 · Dec 2017December 2017 | 34,906 /yr | |
| 111-A | 1-bed | 800 sqft | AED 548KAED 547,695 · May 2015May 2015 | 58,000 /yr | |
| 112-A | 1-bed | 770 sqft | AED 540KAED 540,000 · Jan 2025January 2025 | 51,000 /yr | |
| 112-B | 1-bed | 770 sqft | AED 520KAED 519,674 · Jun 2015June 2015 | 53,000 /yr | |
| 113-A | 1-bed | 773 sqft | AED 502KAED 502,426 · Mar 2014March 2014 | 33,000 /yr | |
| 113-B | 1-bed | 773 sqft | AED 528KAED 527,889 · Sep 2016September 2016 | 41,175 /yr | |
| 114-A | 1-bed | 756 sqft | AED 380KAED 380,000 · Jul 2023July 2023 | 62,000 /yr | |
| 114-B | 1-bed | 756 sqft | AED 532KAED 531,542 · Aug 2017August 2017 | 32,000 /yr | |
| 115-A | 2-bed | 1,046 sqft | AED 635KAED 635,000 · Apr 2023April 2023 | 68,000 /yr | |
| 115-B | 1,046 sqft | AED 825KAED 825,000 · Sep 2025September 2025 | 78,000 /yr |
111-B, Axis Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 14 September 2015 for AED 547,695, or AED 684 per sqft.
- Rented since June 2014 on 10 Ejari contracts. The rent fell from AED 55,000 to AED 26,000 in 2021 and recovered to AED 44,500 by April 2025.
- At AED 44,500 a year the gross yield on the 2015 price is 8.1%, 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: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.
Questions about 111-B, Axis Residences 2
What did unit 111-B last sell for?
AED 547,695 on 14 September 2015, sold by the developer: AED 684 per sqft for 800 sqft. It is the only registered sale of the unit.
What is the rent for unit 111-B?
AED 44,500 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 42,500; the unit has been rented since June 2014.
How big is unit 111-B?
800 sqft (74.3 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2014.
What is unit 111-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 111-B, Axis Residences 2
Starts from the last sale price (AED 548K, 14 September 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 547,695
- Deposit, UAE resident (20%)
- AED 109,539
- Deposit, non-resident (40%)
- AED 219,078
- Monthly over 25 years at 3.7%
- AED 2,241
Plus AED 28,013 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →