1-bed · 800 sqftAxis Residences 2, Dubai Silicon Oasis · 2nd floor · completed 2014

212-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212-A · DLD and Ejari recordsUpdated 2 December 2024
Last soldAED 440K17 September 2013
Current rentAED 23K /yr2 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212-A, Axis Residences 2

What is 212-A worth today?

Last sold for AED 439,929 in 2013

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2 Dec 2024RentedRenewal
AED 22,500/yr12 months · AED 28 per sqft
12 Dec 2023RentedNew contract
AED 45,257/yr12 months · AED 57 per sqft
10 Nov 2022RentedNew contract
AED 35,000/yr12 months · AED 44 per sqft
1 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 45 per sqft
10 Oct 2018RentedNew contract
AED 43,000/yr12 months · AED 54 per sqft
18 May 2015RentedNew contract
AED 63,000/yr12 months · AED 79 per sqft
20 Apr 2014RentedNew contract
AED 65,000/yr12 months · AED 82 per sqft
17 Sep 2013Sold by developerReady
AED 439,929AED 550 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 December 2024.

Key facts

Type
1-bed apartment
Size
800 sqft
Floor
2nd of 8
Parking
28
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 440K · September 2013

About 212-A, Axis Residences 2

212-A is a one-bedroom apartment of 800 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. The developer sold it on 17 September 2013 for AED 439,929, or AED 550 per sqft, 8% below the AED 600 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 2 December 2024, is AED 22,500 a year: a gross yield of 5.1% on the 2013 price, before the service charge of about AED 8,600 a year.

Sales and rents for 212-A over time

Sales
Unit 212-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 2013: AED 439,929 (AED 550 per sqft)

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

Rents
Unit 212-A, 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, April 2014: AED 65,000 a yearNew contract, May 2015: AED 63,000 a yearNew contract, October 2018: AED 43,000 a yearNew contract, November 2019: AED 36,000 a yearNew contract, November 2022: AED 35,000 a yearNew contract, December 2023: AED 45,257 a yearRenewal, December 2024: AED 22,500 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 212-A sits

All 262 1-beds →

212-A last sold in September 2013 at AED 550 per sqft, 8% below what one-beds in Axis Residences 2 were fetching at the time (AED 600). 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. 212-A's AED 22,500 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 2nd floor

All 284 units in Axis Residences 2
Value
201-A1-bedAED 670K · Mar 2017
201-B1-bedAED 750K · Oct 2015
202-A1-bedAED 720K · Aug 2014
202-B1-bedAED 580K · Feb 2017
203-A1-bedNo registered sale
203-B1-bedAED 380K · Jun 2020
204-A1-bedAED 534K · Dec 2017
1–7 of 31

212-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 September 2013 for AED 439,929, or AED 550 per sqft.
  • Rented since April 2014 on 7 Ejari contracts, from AED 65,000 to AED 22,500 a year.
  • At AED 22,500 a year the gross yield on the 2013 price is 5.1%, 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 2 December 2024.

Questions about 212-A, Axis Residences 2

What did unit 212-A last sell for?

AED 439,929 on 17 September 2013, sold by the developer: AED 550 per sqft for 800 sqft. It is the only registered sale of the unit.

What is the rent for unit 212-A?

AED 22,500 a year on the contract renewed on 2 December 2024. The previous contract, from December 2023, was AED 45,257; the unit has been rented since April 2014.

How big is unit 212-A?

800 sqft (74.3 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2014.

What is unit 212-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 212-A, Axis Residences 2

Starts from the last sale price (AED 440K, 17 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 439,929
Deposit, UAE resident (20%)
AED 87,986
Deposit, non-resident (40%)
AED 175,972
Monthly over 25 years at 3.7%
AED 1,800

Plus AED 21,387 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →