1-bed · 794 sqftAxis Residences 2, Dubai Silicon Oasis · 3rd floor · completed 2014

306-B, Axis Residences 2

Sold prices and rental history: sold twice, last in October 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 306-B · DLD and Ejari recordsUpdated 29 September 2023

Last soldAED 550K1 October 2017

Current rentAED 38K /yr29 September 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 306-B, Axis Residences 2

Today

What is 306-B worth today?

Last sold for AED 550,000 in 2017

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29 Sep 2023

29 Sep 2023RentedNew contract

AED 37,641/yr12 months · AED 47 per sqft

30 Mar 2018

30 Mar 2018RentedNew contract

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

1 Oct 2017

1 Oct 2017SoldReady

AED 550,000AED 692 per sqft

14 Sep 2015

14 Sep 2015Sold by developerReady

AED 537,732AED 677 per sqft

8 Sep 2014

8 Sep 2014RentedNew contract

AED 60,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 29 September 2023.

Key facts

Type: 1-bed apartment
Size: 794 sqft
Floor: 3rd of 8
Parking: 66
Developer: Gulf General Investments Co
Completed: 2014
Service charge: AED 8,500 /yr
Last sold: AED 550K · October 2017
Building: Axis Residences 2

About 306-B, Axis Residences 2

306-B is a one-bedroom apartment of 794 sqft on the 3rd 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 1 October 2017 for AED 550,000, or AED 692 per sqft, in line with the AED 702 one-beds in the building were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 29 September 2023, is AED 37,641 a year: a gross yield of 6.8% on the 2017 price, before the service charge of about AED 8,500 a year.

Sales and rents for 306-B over time

Sales

Unit 306-B, each saleTypical one-bed in Axis Residences 2

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

Rents

Unit 306-B, 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 306-B sits

All 262 1-beds →

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

306-B last sold in October 2017 at AED 692 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 702). 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. 306-B's AED 37,641 is in the lower 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 3rd floor

All 284 units in Axis Residences 2


301-A	1-bed	1,082 sqft	AED 754KAED 753,511 · Aug 2017August 2017	34,000 /yr
301-B	1-bed	1,082 sqft	AED 754KAED 753,511 · Sep 2017September 2017	58,000 /yr
302-A	1-bed	870 sqft	AED 800KAED 800,000 · Oct 2015October 2015
302-B	1-bed	870 sqft	AED 592KAED 591,586 · Aug 2016August 2016	51,000 /yr
303-A	1-bed	913 sqft	AED 622KAED 621,891 · Sep 2015September 2015	42,000 /yr
303-B	1-bed	913 sqft	AED 520KAED 520,000 · Apr 2025April 2025	44,000 /yr
304-A	1-bed	802 sqft	AED 400KAED 400,000 · Jan 2024January 2024	60,000 /yr
304-B	1-bed	802 sqft	AED 610KAED 610,000 · Feb 2017February 2017	54,000 /yr
305-A	1-bed	822 sqft	AED 563KAED 562,810 · Jun 2018June 2018	35,000 /yr
305-B	1-bed	822 sqft	AED 522KAED 521,878 · Dec 2017December 2017
306-A	1-bed	794 sqft	AED 498KAED 497,900 · Jun 2017June 2017	46,000 /yr
307-A	1-bed	846 sqft	AED 520KAED 520,000 · Apr 2025April 2025	44,000 /yr
307-B	1-bed	846 sqft	AED 520KAED 520,000 · Apr 2025April 2025	40,000 /yr
308-A	1-bed	793 sqft	AED 1.36MAED 1,360,000 · Jul 2015July 2015	36,000 /yr
308-B	1-bed	793 sqft	AED 918KAED 918,400 · Feb 2015February 2015	26,000 /yr
309-A	1-bed	750 sqft	AED 585KAED 585,000 · Jun 2017June 2017	55,000 /yr
309-B	1-bed	750 sqft	AED 510KAED 510,133 · Aug 2016August 2016	40,400 /yr
310-A	1-bed	793 sqft	AED 537KAED 537,322 · Sep 2015September 2015	34,500 /yr
310-B	1-bed	793 sqft	AED 537KAED 537,322 · Apr 2015April 2015	45,000 /yr
311-A	1-bed	749 sqft	AED 508KAED 508,145 · Apr 2016April 2016	42,500 /yr
311-B	1-bed	749 sqft	AED 507KAED 507,204 · Apr 2016April 2016	18,000 /yr
312-A	1-bed	800 sqft	AED 580KAED 580,000 · May 2017May 2017	34,000 /yr
312-B	1-bed	800 sqft	AED 600KAED 600,000 · Jan 2026January 2026	53,000 /yr
313-A	1-bed	769 sqft	AED 509KAED 509,394 · Apr 2016April 2016	24,000 /yr
313-B	1-bed	769 sqft	AED 519KAED 519,005 · Dec 2015December 2015	53,000 /yr
314-A	1-bed	773 sqft	AED 522KAED 522,493 · Sep 2015September 2015
314-B	1-bed	773 sqft	AED 518KAED 517,655 · Oct 2015October 2015	50,000 /yr
315-A	1-bed	755 sqft	AED 514KAED 513,942 · Mar 2014March 2014	42,500 /yr
315-B	1-bed	755 sqft	No registered sale	42,000 /yr
316-A	2-bed	1,047 sqft	AED 504KAED 504,000 · Mar 2020March 2020	55,000 /yr
316-B	2-bed	1,047 sqft	AED 490KAED 490,000 · Aug 2022August 2022	45,000 /yr

1–7 of 31

306-B, Axis Residences 2 in numbers

Sold twice: first on 14 September 2015 for AED 537,732, last on 1 October 2017 for AED 550,000 (AED 692 per sqft).
Rented since September 2014 on 3 Ejari contracts, from AED 60,000 to AED 37,641 a year.
At AED 37,641 a year the gross yield on the 2017 price is 6.8%, 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 29 September 2023.

Questions about 306-B, Axis Residences 2

What did unit 306-B last sell for?

AED 550,000 on 1 October 2017: AED 692 per sqft for 794 sqft. The unit has 2 registered sales; the first was AED 537,732 in September 2015.

What is the rent for unit 306-B?

AED 37,641 a year on the contract signed on 29 September 2023. The previous contract, from March 2018, was AED 48,000; the unit has been rented since September 2014.

How big is unit 306-B?

794 sqft (73.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2014.

What is unit 306-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 306-B, Axis Residences 2

Starts from the last sale price (AED 550K, 1 October 2017). Switch to today's estimate once you have unlocked it.

Price: AED 550,000
Deposit, UAE resident (20%): AED 110,000
Deposit, non-resident (40%): AED 220,000
Monthly over 25 years at 3.7%: AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →