822 sqftAxis Residences 2, Dubai Silicon Oasis · 4th floor · completed 2014

408-A, Axis Residences 2

Sold prices and rental history: sold 3 times, last in September 2025, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408-A · DLD and Ejari recordsUpdated 24 September 2025
Last soldAED 565K24 September 2025
Current rentAED 49K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408-A, Axis Residences 2

What is 408-A worth today?

Last sold for AED 565,000 in 2025

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24 Sep 2025SoldReady
AED 565,000AED 687 per sqft
1 Sep 2024RentedNew contract
AED 49,000/yr12 months · AED 60 per sqft
28 Jul 2022RentedNew contract
AED 32,000/yr12 months · AED 39 per sqft
15 Jun 2021RentedNew contract
AED 26,000/yr12 months · AED 32 per sqft
10 May 2020RentedRenewal
AED 35,000/yr12 months · AED 43 per sqft
10 May 2018RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
10 May 2017RentedRenewal
AED 55,000/yr12 months · AED 67 per sqft
4 Apr 2016SoldReady
AED 600,000AED 729 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2025.

Key facts

Type
Apartment
Size
822 sqft
Floor
4th of 8
Parking
149
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,800 /yr
Last sold
AED 565K · September 2025

About 408-A, Axis Residences 2

408-A is an apartment of 822 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 24 September 2025 for AED 565,000, or AED 687 per sqft.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 September 2024, is AED 49,000 a year: a gross yield of 8.7% on the 2025 price, before the service charge of about AED 8,800 a year.

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

408-A, Axis Residences 2 in numbers

  • Sold 3 times: first on 8 July 2015 for AED 578,159, last on 24 September 2025 for AED 565,000 (AED 687 per sqft).
  • Rented since May 2015 on 7 Ejari contracts. The rent fell from AED 56,500 to AED 26,000 in 2021 and recovered to AED 49,000 by September 2024.
  • At AED 49,000 a year the gross yield on the 2025 price is 8.7%, before a service charge of about AED 8,800 a year (AED 10.71 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2025.

Questions about 408-A, Axis Residences 2

What did unit 408-A last sell for?

AED 565,000 on 24 September 2025: AED 687 per sqft for 822 sqft. The unit has 3 registered sales; the first was AED 578,159 in July 2015.

What is the rent for unit 408-A?

AED 49,000 a year on the contract signed on 1 September 2024. The previous contract, from July 2022, was AED 32,000; the unit has been rented since May 2015.

How big is unit 408-A?

822 sqft (76.4 sqm): an apartment on the 4th floor of a 8-storey tower completed in 2014.

What is unit 408-A worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 408-A, Axis Residences 2

Starts from the last sale price (AED 565K, 24 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

Plus AED 28,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →