416-A, Axis Residences 2
Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 416-A, Axis Residences 2
What is 416-A worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 18 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 769 sqft
- Floor
- 4th of 8
- Parking
- 157
- Developer
- Gulf General Investments Co
- Completed
- 2014
- Service charge
- AED 8,200 /yr
- Last sold
- AED 519K · October 2015
- Building
- Axis Residences 2
About 416-A, Axis Residences 2
416-A is a one-bedroom apartment of 769 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. The developer sold it on 29 October 2015 for AED 519,005, or AED 674 per sqft, in line with the AED 684 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 18 October 2024, is AED 48,000 a year: a gross yield of 9.3% on the 2015 price, before the service charge of about AED 8,200 a year.
Sales and rents for 416-A over time
416-A has sold once; the dashed line is the one-bed median of each year in the building.
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 416-A sits
All 262 1-beds →416-A last sold in October 2015 at AED 674 per sqft, in line with what one-beds in Axis Residences 2 were fetching at the time (AED 684). 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. 416-A's AED 48,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Axis Residences 2
Building284 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%
Other units on the 4th floor
All 284 units in Axis Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401-A | 843 sqft | AED 585KAED 585,000 · Nov 2025November 2025 | 54,000 /yr | ||
| 401-B | 1-bed | 843 sqft | AED 557KAED 557,240 · Oct 2015October 2015 | 45,920 /yr | |
| 402-A | 1-bed | 758 sqft | AED 564KAED 564,486 · Sep 2015September 2015 | ||
| 402-B | 1-bed | 758 sqft | AED 547KAED 546,623 · Oct 2015October 2015 | 35,000 /yr | |
| 403-A | 1-bed | 853 sqft | AED 527KAED 526,780 · Dec 2017December 2017 | 45,000 /yr | |
| 403-B | 1-bed | 853 sqft | AED 375KAED 375,000 · Oct 2019October 2019 | 45,000 /yr | |
| 404-A | 1-bed | 770 sqft | AED 566KAED 566,303 · Jul 2015July 2015 | 50,000 /yr | |
| 404-B | 1-bed | 843 sqft | AED 330KAED 330,000 · Oct 2021October 2021 | 39,000 /yr | |
| 405-A | 1-bed | 791 sqft | AED 591KAED 591,162 · Jun 2015June 2015 | 46,000 /yr | |
| 405-B | 1-bed | 791 sqft | AED 591KAED 591,162 · Oct 2015October 2015 | 34,000 /yr | |
| 406-A | 1-bed | 822 sqft | No registered sale | 60,000 /yr | |
| 406-B | 1-bed | 822 sqft | AED 400KAED 400,000 · Jun 2023June 2023 | 47,000 /yr | |
| 407-A | 1-bed | 802 sqft | AED 553KAED 552,657 · Jun 2015June 2015 | 56,000 /yr | |
| 407-B | 1-bed | 802 sqft | AED 533KAED 532,560 · Oct 2017October 2017 | 39,100 /yr | |
| 408-A | 822 sqft | AED 565KAED 565,000 · Sep 2025September 2025 | 49,000 /yr | ||
| 408-B | 1-bed | 822 sqft | No registered sale | ||
| 409-A | 1-bed | 794 sqft | No registered sale | 39,600 /yr | |
| 409-B | 1-bed | 794 sqft | AED 557KAED 557,211 · Jul 2017July 2017 | ||
| 410-A | 1-bed | 846 sqft | AED 310KAED 310,000 · Jul 2020July 2020 | 40,425 /yr | |
| 410-B | 1-bed | 846 sqft | AED 348KAED 348,200 · Jun 2022June 2022 | ||
| 411-A | 1-bed | 793 sqft | AED 476KAED 475,854 · Mar 2013March 2013 | 53,000 /yr | |
| 411-B | 1-bed | 793 sqft | AED 436KAED 436,200 · Sep 2013September 2013 | 45,000 /yr | |
| 412-A | 1-bed | 750 sqft | AED 450KAED 450,216 · Mar 2013March 2013 | 36,000 /yr | |
| 412-B | 1-bed | 750 sqft | AED 510KAED 510,133 · Aug 2016August 2016 | 44,000 /yr | |
| 413-A | 1-bed | 793 sqft | AED 547KAED 547,272 · Oct 2016October 2016 | 40,000 /yr | |
| 413-B | 1-bed | 793 sqft | AED 300KAED 300,000 · Apr 2022April 2022 | 31,500 /yr | |
| 414-A | 1-bed | 749 sqft | AED 565KAED 565,000 · Sep 2017September 2017 | 30,000 /yr | |
| 414-B | 749 sqft | AED 570KAED 570,000 · Oct 2025October 2025 | 49,000 /yr | ||
| 415-A | 1-bed | 800 sqft | AED 385KAED 385,000 · Oct 2019October 2019 | 27,000 /yr | |
| 415-B | 1-bed | 800 sqft | AED 559KAED 558,635 · Aug 2015August 2015 | 25,000 /yr | |
| 416-B | 1-bed | 769 sqft | AED 529KAED 528,616 · May 2015May 2015 | 48,000 /yr | |
| 417-A | 1-bed | 773 sqft | AED 906KAED 905,998 · May 2014May 2014 | 55,000 /yr | |
| 417-B | 1-bed | 773 sqft | No registered sale | 43,000 /yr | |
| 418-A | 1-bed | 755 sqft | AED 531KAED 530,525 · Oct 2015October 2015 | 43,000 /yr | |
| 418-B | 1-bed | 755 sqft | AED 531KAED 530,525 · Aug 2017August 2017 | 50,000 /yr | |
| 419-A | 2-bed | 1,047 sqft | AED 600KAED 600,000 · Jan 2020January 2020 | 65,000 /yr | |
| 419-B | 2-bed | 1,047 sqft | No registered sale |
416-A, Axis Residences 2 in numbers
- Sold once: by Gulf General Investments Co on 29 October 2015 for AED 519,005, or AED 674 per sqft.
- Rented since July 2015 on 6 Ejari contracts. The rent fell from AED 56,700 to AED 26,000 in 2023 and recovered to AED 48,000 by October 2024.
- At AED 48,000 a year the gross yield on the 2015 price is 9.3%, before a service charge of about AED 8,200 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 18 October 2024.
Questions about 416-A, Axis Residences 2
What did unit 416-A last sell for?
AED 519,005 on 29 October 2015, sold by the developer: AED 674 per sqft for 769 sqft. It is the only registered sale of the unit.
What is the rent for unit 416-A?
AED 48,000 a year on the contract signed on 18 October 2024. The previous contract, from February 2023, was AED 26,000; the unit has been rented since July 2015.
How big is unit 416-A?
769 sqft (71.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2014.
What is unit 416-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 416-A, Axis Residences 2
Starts from the last sale price (AED 519K, 29 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 519,005
- Deposit, UAE resident (20%)
- AED 103,801
- Deposit, non-resident (40%)
- AED 207,602
- Monthly over 25 years at 3.7%
- AED 2,123
Plus AED 26,808 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →