617-A, Axis Residences 2
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 617-A, Axis Residences 2
What is 617-A worth today?
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Source: Dubai Land Department. Updated 1 April 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 773 sqft
- Floor
- 6th of 8
- Parking
- 198
- Developer
- Gulf General Investments Co
- Completed
- 2014
- Service charge
- AED 8,300 /yr
- Last sold
- AED 430K · January 2024
- Building
- Axis Residences 2
About 617-A, Axis Residences 2
617-A is a one-bedroom apartment of 773 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 9 January 2024 for AED 430,000, or AED 556 per sqft, 11% above the AED 502 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 April 2024, is AED 56,000 a year: a gross yield of 13.0% on the 2024 price, before the service charge of about AED 8,300 a year.
Sales and rents for 617-A over time
617-A has sold twice; 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 617-A sits
All 262 1-beds →617-A last sold in January 2024 at AED 556 per sqft, 11% above what one-beds in Axis Residences 2 were fetching at the time (AED 502). 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. 617-A's AED 56,000 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 6th floor
All 284 units in Axis Residences 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601-A | 1-bed | 843 sqft | AED 708KAED 708,238 · Feb 2015February 2015 | 38,640 /yr | |
| 601-B | 1-bed | 843 sqft | AED 464KAED 463,727 · Sep 2013September 2013 | 19,911 /yr | |
| 602-A | 1-bed | 758 sqft | AED 300KAED 300,000 · Aug 2022August 2022 | 33,000 /yr | |
| 602-B | 1-bed | 758 sqft | AED 554KAED 554,406 · Jul 2017July 2017 | 55,000 /yr | |
| 603-A | 1-bed | 853 sqft | AED 469KAED 469,117 · Sep 2013September 2013 | 47,000 /yr | |
| 603-B | 1-bed | 853 sqft | AED 300KAED 300,000 · May 2023May 2023 | 45,000 /yr | |
| 604-A | 1-bed | 770 sqft | AED 435KAED 435,000 · Nov 2018November 2018 | 44,000 /yr | |
| 604-B | 1-bed | 770 sqft | AED 561KAED 561,060 · Sep 2017September 2017 | 28,000 /yr | |
| 605-A | 1-bed | 791 sqft | AED 445KAED 445,496 · Oct 2018October 2018 | 44,000 /yr | |
| 605-B | 1-bed | 791 sqft | No registered sale | 42,000 /yr | |
| 606-A | 1-bed | 822 sqft | AED 852KAED 851,700 · Feb 2016February 2016 | 46,000 /yr | |
| 606-B | 1-bed | 822 sqft | AED 500KAED 500,000 · Oct 2018October 2018 | 55,000 /yr | |
| 607-A | 1-bed | 802 sqft | AED 900KAED 900,000 · May 2017May 2017 | 45,080 /yr | |
| 607-B | 1-bed | 802 sqft | AED 487KAED 487,343 · Nov 2017November 2017 | 51,000 /yr | |
| 608-A | 1-bed | 822 sqft | AED 542KAED 542,344 · Mar 2018March 2018 | 38,500 /yr | |
| 608-B | 1-bed | 822 sqft | AED 320KAED 320,000 · Aug 2022August 2022 | 50,000 /yr | |
| 609-A | 1-bed | 794 sqft | AED 547KAED 547,261 · Jul 2018July 2018 | 50,000 /yr | |
| 609-B | 1-bed | 794 sqft | AED 580KAED 580,000 · Nov 2024November 2024 | 50,000 /yr | |
| 610-A | 1-bed | 846 sqft | AED 579KAED 578,804 · Nov 2017November 2017 | 28,000 /yr | |
| 610-B | 1-bed | 846 sqft | No registered sale | 43,560 /yr | |
| 611-A | 1-bed | 793 sqft | AED 487KAED 486,991 · Oct 2024October 2024 | 48,000 /yr | |
| 611-B | 1-bed | 793 sqft | AED 542KAED 541,800 · Dec 2017December 2017 | 53,000 /yr | |
| 612-A | 1-bed | 750 sqft | AED 520KAED 519,580 · Sep 2015September 2015 | 48,000 /yr | |
| 612-B | 1-bed | 750 sqft | AED 482KAED 481,792 · Sep 2015September 2015 | 39,914 /yr | |
| 613-A | 1-bed | 793 sqft | AED 495KAED 495,000 · Mar 2024March 2024 | 37,950 /yr | |
| 613-B | 1-bed | 793 sqft | AED 527KAED 527,371 · Sep 2015September 2015 | 40,000 /yr | |
| 614-A | 1-bed | 749 sqft | AED 518KAED 517,556 · Dec 2014December 2014 | 48,000 /yr | |
| 614-B | 1-bed | 749 sqft | AED 508KAED 508,145 · Aug 2016August 2016 | 48,000 /yr | |
| 615-A | 1-bed | 800 sqft | AED 360KAED 360,000 · Dec 2022December 2022 | 41,800 /yr | |
| 615-B | 1-bed | 800 sqft | AED 520KAED 520,000 · Apr 2025April 2025 | 46,000 /yr | |
| 616-A | 1-bed | 769 sqft | AED 519KAED 519,005 · Sep 2015September 2015 | 46,000 /yr | |
| 616-B | 1-bed | 769 sqft | AED 529KAED 528,616 · Sep 2015September 2015 | 43,000 /yr | |
| 617-B | 1-bed | 773 sqft | AED 525KAED 525,000 · Dec 2024December 2024 | 52,000 /yr | |
| 618-A | 1-bed | 755 sqft | AED 545KAED 545,000 · Apr 2017April 2017 | 40,000 /yr | |
| 618-B | 1-bed | 755 sqft | AED 340KAED 340,000 · Jun 2022June 2022 | 44,000 /yr | |
| 619-A | 2-bed | 1,047 sqft | AED 720KAED 719,507 · Nov 2016November 2016 | 68,250 /yr | |
| 619-B | 2-bed | 1,047 sqft | AED 850KAED 850,000 · May 2024May 2024 | 70,000 /yr |
617-A, Axis Residences 2 in numbers
- Sold twice: first on 14 September 2015 for AED 510,882, last on 9 January 2024 for AED 430,000 (AED 556 per sqft).
- Rented since June 2014 on 7 Ejari contracts. The rent fell from AED 53,000 to AED 18,000 in 2019 and recovered to AED 56,000 by April 2024.
- At AED 56,000 a year the gross yield on the 2024 price is 13.0%, before a service charge of about AED 8,300 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 2024.
Questions about 617-A, Axis Residences 2
What did unit 617-A last sell for?
AED 430,000 on 9 January 2024: AED 556 per sqft for 773 sqft. The unit has 2 registered sales; the first was AED 510,882 in September 2015.
What is the rent for unit 617-A?
AED 56,000 a year on the contract signed on 1 April 2024. The previous contract, from December 2022, was AED 36,000; the unit has been rented since June 2014.
How big is unit 617-A?
773 sqft (71.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2014.
What is unit 617-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 617-A, Axis Residences 2
Starts from the last sale price (AED 430K, 9 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 430,000
- Deposit, UAE resident (20%)
- AED 86,000
- Deposit, non-resident (40%)
- AED 172,000
- Monthly over 25 years at 3.7%
- AED 1,759
Plus AED 20,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →