1-bed · 793 sqftAxis Residences 2, Dubai Silicon Oasis · 6th floor · completed 2014

613-A, Axis Residences 2

Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 613-A · DLD and Ejari recordsUpdated 11 March 2024
Last soldAED 495K11 March 2024
Current rentAED 38K /yr20 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 613-A, Axis Residences 2

What is 613-A worth today?

Last sold for AED 495,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

11 Mar 2024SoldReady
AED 495,000AED 624 per sqft
20 May 2023RentedRenewal
AED 37,950/yr12 months · AED 48 per sqft
20 May 2022RentedNew contract
AED 33,000/yr12 months · AED 42 per sqft
18 Aug 2020RentedNew contract
AED 28,000/yr12 months · AED 35 per sqft
23 May 2019RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
15 Apr 2018RentedNew contract
AED 45,000/yr12 months · AED 56 per sqft
22 Mar 2017RentedNew contract
AED 60,000/yr12 months · AED 75 per sqft
22 Mar 2016RentedRenewal
AED 60,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 11 March 2024.

Key facts

Type
1-bed apartment
Size
793 sqft
Floor
6th of 8
Parking
194
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,500 /yr
Last sold
AED 495K · March 2024

About 613-A, Axis Residences 2

613-A is a one-bedroom apartment of 793 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. It last sold on 11 March 2024 for AED 495,000, or AED 624 per sqft, 23% above the AED 508 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 20 May 2023, is AED 37,950 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 8,500 a year.

Sales and rents for 613-A over time

Sales
Unit 613-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, June 2015: AED 497,520 (AED 627 per sqft)Sold, March 2024: AED 495,000 (AED 624 per sqft)

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

Rents
Unit 613-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, March 2014: AED 60,000 a yearNew contract, March 2015: AED 60,000 a yearRenewal, March 2016: AED 60,000 a yearNew contract, March 2017: AED 60,000 a yearNew contract, April 2018: AED 45,000 a yearNew contract, May 2019: AED 38,000 a yearNew contract, August 2020: AED 28,000 a yearNew contract, May 2022: AED 33,000 a yearRenewal, May 2023: AED 37,950 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 613-A sits

All 262 1-beds →

613-A last sold in March 2024 at AED 624 per sqft, 23% above what one-beds in Axis Residences 2 were fetching at the time (AED 508). 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. 613-A's AED 37,950 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

613-A, Axis Residences 2 in numbers

  • Sold twice: first on 28 June 2015 for AED 497,520, last on 11 March 2024 for AED 495,000 (AED 624 per sqft).
  • Rented since March 2014 on 9 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2020 and recovered to AED 37,950 by May 2023.
  • At AED 37,950 a year the gross yield on the 2024 price is 7.7%, 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 11 March 2024.

Questions about 613-A, Axis Residences 2

What did unit 613-A last sell for?

AED 495,000 on 11 March 2024: AED 624 per sqft for 793 sqft. The unit has 2 registered sales; the first was AED 497,520 in June 2015.

What is the rent for unit 613-A?

AED 37,950 a year on the contract renewed on 20 May 2023. The previous contract, from May 2022, was AED 33,000; the unit has been rented since March 2014.

How big is unit 613-A?

793 sqft (73.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.

What is unit 613-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.

Selling 613-A? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 613-A, Axis Residences 2

Starts from the last sale price (AED 495K, 11 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

Plus AED 23,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →