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

707-B, Axis Residences 2

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707-B · DLD and Ejari recordsUpdated 11 January 2025
Last soldAED 450K13 July 2022
Current rentAED 37K /yr11 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 707-B, Axis Residences 2

What is 707-B worth today?

Last sold for AED 450,000 in 2022

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11 Jan 2025RentedNew contract
AED 37,432/yr12 months · AED 47 per sqft
11 Jan 2024RentedRenewal
AED 35,650/yr12 months · AED 44 per sqft
11 Jan 2023RentedNew contract
AED 31,000/yr12 months · AED 39 per sqft
13 Jul 2022SoldReady
AED 450,000AED 560 per sqft
12 Jan 2021RentedNew contract
AED 26,000/yr12 months · AED 32 per sqft
9 Mar 2020RentedRenewal
AED 37,000/yr12 months · AED 46 per sqft
9 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 50 per sqft
20 Oct 2017RentedNew contract
AED 49,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 11 January 2025.

Key facts

Type
1-bed apartment
Size
802 sqft
Floor
7th of 8
Parking
215
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,600 /yr
Last sold
AED 450K · July 2022
Building
Axis Residences 2

About 707-B, Axis Residences 2

707-B 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. It last sold on 13 July 2022 for AED 450,000, or AED 560 per sqft, 37% above the AED 408 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 11 January 2025, is AED 37,432 a year: a gross yield of 8.3% on the 2022 price, before the service charge of about AED 8,600 a year.

Sales and rents for 707-B over time

Sales
Unit 707-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 2013: AED 441,293 (AED 550 per sqft)Sold, October 2017: AED 600,000 (AED 747 per sqft)Sold, July 2022: AED 450,000 (AED 560 per sqft)

707-B has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 707-B, each contractTypical one-bed in Axis Residences 2
20K40K60K2014201820222026Typical 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, July 2015: AED 60,000 a yearNew contract, October 2017: AED 49,000 a yearNew contract, March 2019: AED 40,000 a yearRenewal, March 2020: AED 37,000 a yearNew contract, January 2021: AED 26,000 a yearNew contract, January 2023: AED 31,000 a yearRenewal, January 2024: AED 35,650 a yearNew contract, January 2025: AED 37,432 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-B sits

All 262 1-beds →

707-B last sold in July 2022 at AED 560 per sqft, 37% above what one-beds in Axis Residences 2 were fetching at the time (AED 408). 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-B's AED 37,432 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 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-B, Axis Residences 2 in numbers

  • Sold 3 times: first on 17 September 2013 for AED 441,293, last on 13 July 2022 for AED 450,000 (AED 560 per sqft).
  • Rented since July 2015 on 8 Ejari contracts. The rent fell from AED 60,000 to AED 26,000 in 2021 and recovered to AED 37,432 by January 2025.
  • At AED 37,432 a year the gross yield on the 2022 price is 8.3%, 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: Dubai Land Department. Updated 11 January 2025.

Questions about 707-B, Axis Residences 2

What did unit 707-B last sell for?

AED 450,000 on 13 July 2022: AED 560 per sqft for 802 sqft. The unit has 3 registered sales; the first was AED 441,293 in September 2013.

What is the rent for unit 707-B?

AED 37,432 a year on the contract signed on 11 January 2025. The previous contract, from January 2024, was AED 35,650; the unit has been rented since July 2015.

How big is unit 707-B?

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-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 707-B, Axis Residences 2

Starts from the last sale price (AED 450K, 13 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →