1-bed · 794 sqftAxis Residences 2, Dubai Silicon Oasis · 2nd floor · completed 2014

206-A, Axis Residences 2

Sold prices and rental history: sold twice, last in February 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 206-A · DLD and Ejari recordsUpdated 25 September 2024

Last soldAED 355K10 February 2020

Current rentAED 48K /yr25 September 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 206-A, Axis Residences 2

Today

What is 206-A worth today?

Last sold for AED 355,000 in 2020

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25 Sep 2024

25 Sep 2024RentedNew contract

AED 48,000/yr12 months · AED 60 per sqft

2 Apr 2023

2 Apr 2023RentedRenewal

AED 29,000/yr12 months · AED 36 per sqft

2 Apr 2021

2 Apr 2021RentedNew contract

AED 25,000/yr12 months · AED 31 per sqft

10 Feb 2020

10 Feb 2020SoldReady

AED 355,000AED 447 per sqft

15 May 2018

15 May 2018RentedNew contract

AED 47,000/yr12 months · AED 59 per sqft

2 Nov 2017

2 Nov 2017RentedNew contract

AED 49,000/yr12 months · AED 62 per sqft

28 Aug 2017

28 Aug 2017Sold by developerReady

AED 497,900AED 627 per sqft

5 Jul 2015

5 Jul 2015RentedRenewal

AED 56,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type: 1-bed apartment
Size: 794 sqft
Floor: 2nd of 8
Parking: 22
Developer: Gulf General Investments Co
Completed: 2014
Service charge: AED 8,500 /yr
Last sold: AED 355K · February 2020
Building: Axis Residences 2

About 206-A, Axis Residences 2

206-A is a one-bedroom apartment of 794 sqft on the 2nd 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 10 February 2020 for AED 355,000, or AED 447 per sqft, 5% below the AED 473 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 25 September 2024, is AED 48,000 a year: a gross yield of 13.5% on the 2020 price, before the service charge of about AED 8,500 a year.

Sales and rents for 206-A over time

Sales

Unit 206-A, each saleTypical one-bed in Axis Residences 2

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

Rents

Unit 206-A, each contractTypical one-bed in Axis Residences 2

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 206-A sits

All 262 1-beds →

1-beds in Axis Residences 2 · last 12 months750 /sqft Axis Residences 2 · all types750 /sqft

206-A last sold in February 2020 at AED 447 per sqft, 5% below what one-beds in Axis Residences 2 were fetching at the time (AED 473). 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. 206-A's AED 48,000 is in the upper half of that range.

Recent 1-bed sales	Size	Price (AED)	Per sqft
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

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 2nd floor

All 284 units in Axis Residences 2


201-A	1-bed	1,178 sqft	AED 670KAED 670,000 · Mar 2017March 2017	34,000 /yr
201-B	1-bed	1,178 sqft	AED 750KAED 749,835 · Oct 2015October 2015	55,000 /yr
202-A	1-bed	870 sqft	AED 720KAED 720,000 · Aug 2014August 2014	30,000 /yr
202-B	1-bed	870 sqft	AED 580KAED 580,000 · Feb 2017February 2017	42,000 /yr
203-A	1-bed	913 sqft	No registered sale	53,000 /yr
203-B	1-bed	913 sqft	AED 380KAED 380,000 · Jun 2020June 2020	43,560 /yr
204-A	1-bed	802 sqft	AED 534KAED 533,600 · Dec 2017December 2017	39,600 /yr
204-B	1-bed	802 sqft	AED 522KAED 521,527 · Mar 2014March 2014	35,000 /yr
205-A	1-bed	822 sqft	AED 563KAED 562,810 · Sep 2017September 2017	63,000 /yr
205-B	1-bed	822 sqft	AED 534KAED 534,400 · Mar 2014March 2014	32,000 /yr
206-B		794 sqft	AED 650KAED 650,000 · Nov 2025November 2025	66,000 /yr
207-A	1-bed	846 sqft	No registered sale	44,500 /yr
207-B	1-bed	846 sqft	No registered sale	39,600 /yr
208-A	1-bed	793 sqft	AED 422KAED 421,733 · Sep 2023September 2023	40,000 /yr
208-B	1-bed	793 sqft	AED 305KAED 305,000 · Dec 2021December 2021	53,000 /yr
209-A	1-bed	750 sqft	AED 500KAED 500,000 · Jan 2026January 2026	40,000 /yr
209-B	1-bed	750 sqft	AED 475KAED 475,000 · Jan 2025January 2025	70,000 /yr
210-A	1-bed	793 sqft	AED 375KAED 375,000 · Dec 2020December 2020
210-B	1-bed	793 sqft	No registered sale	43,560 /yr
211-A	1-bed	749 sqft	AED 508KAED 508,145 · Apr 2016April 2016	46,000 /yr
211-B	1-bed	749 sqft	AED 425KAED 425,000 · May 2024May 2024	40,700 /yr
212-A	1-bed	800 sqft	AED 440KAED 439,929 · Sep 2013September 2013	22,500 /yr
212-B	1-bed	800 sqft	AED 370KAED 370,000 · May 2023May 2023	45,000 /yr
213-A	1-bed	769 sqft	No registered sale	39,600 /yr
213-B	1-bed	769 sqft	AED 519KAED 519,005 · Jul 2015July 2015	55,000 /yr
214-A	1-bed	773 sqft	AED 550KAED 550,000 · Jul 2025July 2025	53,000 /yr
214-B	1-bed	773 sqft	AED 547KAED 547,000 · Nov 2017November 2017	26,500 /yr
215-A	1-bed	755 sqft	AED 516KAED 516,056 · Sep 2017September 2017	34,000 /yr
215-B	1-bed	755 sqft	AED 521KAED 520,879 · Jul 2015July 2015	48,000 /yr
216-A	2-bed	1,047 sqft	AED 670KAED 670,000 · Jul 2024July 2024	73,000 /yr
216-B	2-bed	1,047 sqft	No registered sale	63,000 /yr

1–7 of 31

206-A, Axis Residences 2 in numbers

Sold twice: first on 28 August 2017 for AED 497,900, last on 10 February 2020 for AED 355,000 (AED 447 per sqft).
Rented since July 2014 on 7 Ejari contracts. The rent fell from AED 56,000 to AED 25,000 in 2021 and recovered to AED 48,000 by September 2024.
At AED 48,000 a year the gross yield on the 2020 price is 13.5%, 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 25 September 2024.

Questions about 206-A, Axis Residences 2

What did unit 206-A last sell for?

AED 355,000 on 10 February 2020: AED 447 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 497,900 in August 2017.

What is the rent for unit 206-A?

AED 48,000 a year on the contract signed on 25 September 2024. The previous contract, from April 2023, was AED 29,000; the unit has been rented since July 2014.

How big is unit 206-A?

794 sqft (73.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 206-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.

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Mortgage on 206-A, Axis Residences 2

Starts from the last sale price (AED 355K, 10 February 2020). Switch to today's estimate once you have unlocked it.

Price: AED 355,000
Deposit, UAE resident (20%): AED 71,000
Deposit, non-resident (40%): AED 142,000
Monthly over 25 years at 3.7%: AED 1,452

Plus AED 17,820 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →