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1-bed · 770 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

604-B, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604-B · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 561K19 September 2017
Current rentAED 28K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 604-B, Axis Residences 2

What is 604-B worth today?

Last sold for AED 561,060 in 2017

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1 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
12 Feb 2021RentedNew contract
AED 28,000/yr12 months · AED 36 per sqft
5 Dec 2019RentedNew contract
AED 36,000/yr12 months · AED 46 per sqft
10 Apr 2019RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
1 Apr 2018RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
19 Sep 2017Sold by developerReady
AED 561,060AED 728 per sqft
29 May 2014RentedNew contract
AED 59,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
1-bed apartment
Size
770 sqft
Floor
6th of 8
Parking
238
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,200 /yr
Last sold
AED 561K · September 2017
Building
Axis Residences 2

About 604-B, Axis Residences 2

604-B is a one-bedroom apartment of 770 sqft on the 6th 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 19 September 2017 for AED 561,060, or AED 728 per sqft, 5% above the AED 696 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 April 2021, is AED 28,000 a year: a gross yield of 5.0% on the 2017 price, before the service charge of about AED 8,200 a year.

Sales and rents for 604-B over time

Sales
Unit 604-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, September 2017: AED 561,060 (AED 728 per sqft)

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

Rents
Unit 604-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 59,000 a yearNew contract, April 2018: AED 54,000 a yearNew contract, April 2019: AED 42,000 a yearNew contract, December 2019: AED 36,000 a yearNew contract, February 2021: AED 28,000 a yearNew contract, April 2021: AED 28,000 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 604-B sits

All 262 1-beds →

604-B last sold in September 2017 at AED 728 per sqft, 5% above what one-beds in Axis Residences 2 were fetching at the time (AED 696). 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. 604-B's AED 28,000 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 6th floor

All 284 units in Axis Residences 2
Value
601-A1-bedAED 708K · Feb 2015
601-B1-bedAED 464K · Sep 2013
602-A1-bedAED 300K · Aug 2022
602-B1-bedAED 554K · Jul 2017
603-A1-bedAED 469K · Sep 2013
603-B1-bedAED 300K · May 2023
604-A1-bedAED 435K · Nov 2018
1–7 of 37

604-B, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 19 September 2017 for AED 561,060, or AED 728 per sqft.
  • Rented since May 2014 on 6 Ejari contracts, from AED 59,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2017 price is 5.0%, 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: Dubai Land Department. Updated 1 April 2021.

Questions about 604-B, Axis Residences 2

What did unit 604-B last sell for?

AED 561,060 on 19 September 2017, sold by the developer: AED 728 per sqft for 770 sqft. It is the only registered sale of the unit.

What is the rent for unit 604-B?

AED 28,000 a year on the contract signed on 1 April 2021. The previous contract, from February 2021, was AED 28,000; the unit has been rented since May 2014.

How big is unit 604-B?

770 sqft (71.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 604-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 604-B, Axis Residences 2

Starts from the last sale price (AED 561K, 19 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 561,060
Deposit, UAE resident (20%)
AED 112,212
Deposit, non-resident (40%)
AED 224,424
Monthly over 25 years at 3.7%
AED 2,295

Plus AED 28,574 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →