1-bed · 791 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

605-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605-A · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 445K17 October 2018
Current rentAED 44K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605-A, Axis Residences 2

What is 605-A worth today?

Last sold for AED 445,496 in 2018

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22 Nov 2024RentedRenewal
AED 44,000/yr12 months · AED 56 per sqft
22 Nov 2023RentedRenewal
AED 40,000/yr12 months · AED 51 per sqft
22 Nov 2022RentedRenewal
AED 34,500/yr12 months · AED 44 per sqft
22 Nov 2019RentedRenewal
AED 38,000/yr12 months · AED 48 per sqft
22 Nov 2018RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft
17 Oct 2018Sold by developerReady
AED 445,496AED 563 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
1-bed apartment
Size
791 sqft
Floor
6th of 8
Parking
186
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 445K · October 2018

About 605-A, Axis Residences 2

605-A is a one-bedroom apartment of 791 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 17 October 2018 for AED 445,496, or AED 563 per sqft, 17% below the AED 679 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 22 November 2024, is AED 44,000 a year: a gross yield of 9.9% on the 2018 price, before the service charge of about AED 8,500 a year.

Sales and rents for 605-A over time

Sales
Unit 605-A, each saleTypical one-bed in Axis Residences 2
400K2013201720212025Typical 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 2018: AED 445,496 (AED 563 per sqft)

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

Rents
Unit 605-A, 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, November 2018: AED 43,000 a yearRenewal, November 2019: AED 38,000 a yearRenewal, November 2022: AED 34,500 a yearRenewal, November 2023: AED 40,000 a yearRenewal, November 2024: AED 44,000 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 605-A sits

All 262 1-beds →

605-A last sold in October 2018 at AED 563 per sqft, 17% below what one-beds in Axis Residences 2 were fetching at the time (AED 679). 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. 605-A's AED 44,000 is in the upper 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

605-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 October 2018 for AED 445,496, or AED 563 per sqft.
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 43,000 to AED 34,500 in 2022 and recovered to AED 44,000 by November 2024.
  • At AED 44,000 a year the gross yield on the 2018 price is 9.9%, 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 22 November 2024.

Questions about 605-A, Axis Residences 2

What did unit 605-A last sell for?

AED 445,496 on 17 October 2018, sold by the developer: AED 563 per sqft for 791 sqft. It is the only registered sale of the unit.

What is the rent for unit 605-A?

AED 44,000 a year on the contract renewed on 22 November 2024. The previous contract, from November 2023, was AED 40,000; the unit has been rented since November 2018.

How big is unit 605-A?

791 sqft (73.5 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 605-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 605-A, Axis Residences 2

Starts from the last sale price (AED 445K, 17 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 445,496
Deposit, UAE resident (20%)
AED 89,099
Deposit, non-resident (40%)
AED 178,198
Monthly over 25 years at 3.7%
AED 1,823

Plus AED 21,621 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →