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1-bed · 853 sqftAxis Residences 2, Dubai Silicon Oasis · 8th floor · completed 2014

803-A, Axis Residences 2

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 803-A · DLD and Ejari recordsUpdated 20 March 2022
Last soldAED 469K17 September 2013
Current rentAED 31K /yr20 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 803-A, Axis Residences 2

What is 803-A worth today?

Last sold for AED 469,118 in 2013

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20 Mar 2022RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft
5 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 32 per sqft
10 Jul 2020RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
10 Jul 2019RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
10 Jul 2018RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
1 Jun 2017RentedRenewal
AED 56,000/yr12 months · AED 66 per sqft
1 Jun 2016RentedRenewal
AED 63,000/yr12 months · AED 74 per sqft
1 Jun 2015RentedNew contract
AED 63,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 20 March 2022.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
8th of 8
Parking
297
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 9,100 /yr
Last sold
AED 469K · September 2013
Building
Axis Residences 2

About 803-A, Axis Residences 2

803-A is a one-bedroom apartment of 853 sqft on the 8th 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 September 2013 for AED 469,118, or AED 550 per sqft, 8% below the AED 600 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 20 March 2022, is AED 31,000 a year: a gross yield of 6.6% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 803-A over time

Sales
Unit 803-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, September 2013: AED 469,118 (AED 550 per sqft)

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

Rents
Unit 803-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 2015: AED 63,000 a yearRenewal, June 2016: AED 63,000 a yearRenewal, June 2017: AED 56,000 a yearNew contract, July 2018: AED 47,000 a yearRenewal, July 2019: AED 40,000 a yearRenewal, July 2020: AED 33,000 a yearNew contract, March 2021: AED 27,000 a yearNew contract, March 2022: AED 31,000 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 803-A sits

All 262 1-beds →

803-A last sold in September 2013 at AED 550 per sqft, 8% below what one-beds in Axis Residences 2 were fetching at the time (AED 600). 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. 803-A's AED 31,000 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 8th floor

All 284 units in Axis Residences 2
Value
801-A1-bedAED 527K · Mar 2018
801-B1-bedNo registered sale
802-A1-bedAED 390K · Sep 2023
802-B1-bedAED 529K · Feb 2018
803-B1-bedAED 300K · May 2023
804-A1-bedAED 400K · Mar 2018
804-B1-bedAED 556K · Sep 2015
1–7 of 37

803-A, Axis Residences 2 in numbers

  • Sold once: by Gulf General Investments Co on 17 September 2013 for AED 469,118, or AED 550 per sqft.
  • Rented since June 2015 on 8 Ejari contracts. The rent fell from AED 63,000 to AED 27,000 in 2021 and recovered to AED 31,000 by March 2022.
  • At AED 31,000 a year the gross yield on the 2013 price is 6.6%, before a service charge of about AED 9,100 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 20 March 2022.

Questions about 803-A, Axis Residences 2

What did unit 803-A last sell for?

AED 469,118 on 17 September 2013, sold by the developer: AED 550 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 803-A?

AED 31,000 a year on the contract signed on 20 March 2022. The previous contract, from March 2021, was AED 27,000; the unit has been rented since June 2015.

How big is unit 803-A?

853 sqft (79.2 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 803-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 803-A, Axis Residences 2

Starts from the last sale price (AED 469K, 17 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 469,118
Deposit, UAE resident (20%)
AED 93,824
Deposit, non-resident (40%)
AED 187,647
Monthly over 25 years at 3.7%
AED 1,919

Plus AED 22,613 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →