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1-bed · 843 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

404-B, Axis Residences 2

Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404-B · DLD and Ejari recordsUpdated 25 October 2021
Last soldAED 330K25 October 2021
Current rentAED 39K /yr15 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 404-B, Axis Residences 2

What is 404-B worth today?

Last sold for AED 330,000 in 2021

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25 Oct 2021SoldReady
AED 330,000AED 391 per sqft
15 May 2020RentedRenewal
AED 39,000/yr13 months · AED 50 per sqft
15 May 2018RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
15 May 2017RentedRenewal
AED 54,000/yr12 months · AED 70 per sqft
15 May 2016RentedRenewal
AED 58,000/yr12 months · AED 75 per sqft
28 Oct 2015Sold by developerReady
AED 561,060AED 728 per sqft
15 May 2014RentedNew contract
AED 58,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 25 October 2021.

Key facts

Type
1-bed apartment
Size
843 sqft
Floor
4th of 8
Parking
51
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 9,000 /yr
Last sold
AED 330K · October 2021
Building
Axis Residences 2

About 404-B, Axis Residences 2

404-B is a one-bedroom apartment of 843 sqft on the 4th 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 25 October 2021 for AED 330,000, or AED 391 per sqft, 5% below the AED 411 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 15 May 2020, is AED 39,000 a year: a gross yield of 11.8% on the 2021 price, before the service charge of about AED 9,000 a year.

Sales and rents for 404-B over time

Sales
Unit 404-B, each saleTypical one-bed in Axis Residences 2
400K600K2013201720212025Typical 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, October 2015: AED 561,060 (AED 728 per sqft)Sold, October 2021: AED 330,000 (AED 391 per sqft)

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

Rents
Unit 404-B, 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, May 2014: AED 58,000 a yearRenewal, May 2016: AED 58,000 a yearRenewal, May 2017: AED 54,000 a yearRenewal, May 2018: AED 50,000 a yearRenewal, May 2020: AED 39,000 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 404-B sits

All 262 1-beds →

404-B last sold in October 2021 at AED 391 per sqft, 5% below what one-beds in Axis Residences 2 were fetching at the time (AED 411). 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. 404-B's AED 39,000 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 4th floor

All 284 units in Axis Residences 2
Value
401-AAED 585K · Nov 2025
401-B1-bedAED 557K · Oct 2015
402-A1-bedAED 564K · Sep 2015
402-B1-bedAED 547K · Oct 2015
403-A1-bedAED 527K · Dec 2017
403-B1-bedAED 375K · Oct 2019
404-A1-bedAED 566K · Jul 2015
1–7 of 37

404-B, Axis Residences 2 in numbers

  • Sold twice: first on 28 October 2015 for AED 561,060, last on 25 October 2021 for AED 330,000 (AED 391 per sqft).
  • Rented since May 2014 on 5 Ejari contracts, from AED 58,000 to AED 39,000 a year.
  • At AED 39,000 a year the gross yield on the 2021 price is 11.8%, before a service charge of about AED 9,000 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 October 2021.

Questions about 404-B, Axis Residences 2

What did unit 404-B last sell for?

AED 330,000 on 25 October 2021: AED 391 per sqft for 843 sqft. The unit has 2 registered sales; the first was AED 561,060 in October 2015.

What is the rent for unit 404-B?

AED 39,000 a year on the contract renewed on 15 May 2020. The previous contract, from May 2018, was AED 50,000; the unit has been rented since May 2014.

How big is unit 404-B?

843 sqft (78.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 404-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 404-B, Axis Residences 2

Starts from the last sale price (AED 330K, 25 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

Plus AED 16,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →