1-bed · 802 sqftAxis Residences 2, Dubai Silicon Oasis · 7th floor · completed 2014

707-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707-A · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 578K17 July 2016
Current rentAED 51K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707-A, Axis Residences 2

What is 707-A worth today?

Last sold for AED 577,777 in 2016

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25 Aug 2025RentedRenewal
AED 51,000/yr12 months · AED 63 per sqft
25 Aug 2023RentedRenewal
AED 37,000/yr12 months · AED 46 per sqft
25 Aug 2022RentedRenewal
AED 32,000/yr12 months · AED 40 per sqft
20 Jun 2019RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
20 Jun 2018RentedRenewal
AED 52,000/yr12 months · AED 64 per sqft
17 Jul 2016Sold by developerReady
AED 577,777AED 720 per sqft
20 Jun 2016RentedNew contract
AED 58,500/yr12 months · AED 72 per sqft
20 Jun 2015RentedNew contract
AED 57,000/yr12 months · AED 71 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
7th of 8
Parking
281
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 578K · July 2016

About 707-A, Axis Residences 2

707-A is a one-bedroom apartment of 802 sqft on the 7th 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 July 2016 for AED 577,777, or AED 720 per sqft, 6% above the AED 679 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 25 August 2025, is AED 51,000 a year: a gross yield of 8.8% on the 2016 price, before the service charge of about AED 8,600 a year.

Sales and rents for 707-A over time

Sales
Unit 707-A, 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, July 2016: AED 577,777 (AED 720 per sqft)

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

Rents
Unit 707-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, June 2014: AED 57,000 a yearNew contract, June 2015: AED 57,000 a yearNew contract, June 2016: AED 58,500 a yearRenewal, June 2018: AED 52,000 a yearRenewal, June 2019: AED 40,000 a yearRenewal, August 2022: AED 32,000 a yearRenewal, August 2023: AED 37,000 a yearRenewal, August 2025: AED 51,000 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 707-A sits

All 262 1-beds →

707-A last sold in July 2016 at AED 720 per sqft, 6% above 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. 707-A's AED 51,000 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 7th floor

All 284 units in Axis Residences 2
Value
701-A1-bedAED 365K · Jan 2023
701-B1-bedAED 573K · Aug 2017
702-A1-bedAED 450K · Dec 2024
702-B1-bedAED 544K · Mar 2018
703-A1-bedAED 490K · Jun 2024
703-B1-bedAED 429K · Sep 2023
704-A1-bedAED 540K · Jun 2025
1–7 of 37

707-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 July 2016 for AED 577,777, or AED 720 per sqft.
  • Rented since June 2014 on 8 Ejari contracts. The rent fell from AED 57,000 to AED 32,000 in 2022 and recovered to AED 51,000 by August 2025.
  • At AED 51,000 a year the gross yield on the 2016 price is 8.8%, before a service charge of about AED 8,600 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 25 August 2025.

Questions about 707-A, Axis Residences 2

What did unit 707-A last sell for?

AED 577,777 on 17 July 2016, sold by the developer: AED 720 per sqft for 802 sqft. It is the only registered sale of the unit.

What is the rent for unit 707-A?

AED 51,000 a year on the contract renewed on 25 August 2025. The previous contract, from August 2023, was AED 37,000; the unit has been rented since June 2014.

How big is unit 707-A?

802 sqft (74.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2014.

What is unit 707-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 707-A, Axis Residences 2

Starts from the last sale price (AED 578K, 17 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 577,777
Deposit, UAE resident (20%)
AED 115,555
Deposit, non-resident (40%)
AED 231,111
Monthly over 25 years at 3.7%
AED 2,364

Plus AED 29,277 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →