1-bed · 750 sqftAxis Residences 2, Dubai Silicon Oasis · 8th floor · completed 2014

812-A, Axis Residences 2

Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812-A · DLD and Ejari recordsUpdated 7 November 2024
Last soldAED 565K14 June 2017
Current rentAED 54K /yr7 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812-A, Axis Residences 2

What is 812-A worth today?

Last sold for AED 565,000 in 2017

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7 Nov 2024RentedNew contract
AED 54,000/yr12 months · AED 72 per sqft
27 Dec 2023RentedRenewal
AED 49,000/yr12 months · AED 65 per sqft
27 Dec 2022RentedNew contract
AED 43,000/yr12 months · AED 57 per sqft
1 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 44 per sqft
20 Sep 2020RentedNew contract
AED 35,000/yr13 months · AED 46 per sqft
27 May 2018RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
14 Jun 2017SoldReady
AED 565,000AED 752 per sqft
15 Apr 2016RentedNew contract
AED 57,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 7 November 2024.

Key facts

Type
1-bed apartment
Size
750 sqft
Floor
8th of 8
Parking
306
Developer
Gulf General Investments Co
Completed
2014
Service charge
AED 8,000 /yr
Last sold
AED 565K · June 2017

About 812-A, Axis Residences 2

812-A is a one-bedroom apartment of 750 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. It last sold on 14 June 2017 for AED 565,000, or AED 752 per sqft, 10% above the AED 686 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 7 November 2024, is AED 54,000 a year: a gross yield of 9.6% on the 2017 price, before the service charge of about AED 8,000 a year.

Sales and rents for 812-A over time

Sales
Unit 812-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, August 2015: AED 519,580 (AED 692 per sqft)Sold, June 2017: AED 565,000 (AED 752 per sqft)

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

Rents
Unit 812-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, May 2014: AED 58,000 a yearNew contract, May 2015: AED 58,000 a yearNew contract, April 2016: AED 57,000 a yearNew contract, May 2018: AED 47,000 a yearNew contract, September 2020: AED 35,000 a yearNew contract, December 2021: AED 33,000 a yearNew contract, December 2022: AED 43,000 a yearRenewal, December 2023: AED 49,000 a yearNew contract, November 2024: AED 54,000 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 812-A sits

All 262 1-beds →

812-A last sold in June 2017 at AED 752 per sqft, 10% above what one-beds in Axis Residences 2 were fetching at the time (AED 686). 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. 812-A's AED 54,000 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 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-A1-bedAED 469K · Sep 2013
803-B1-bedAED 300K · May 2023
804-A1-bedAED 400K · Mar 2018
1–7 of 37

812-A, Axis Residences 2 in numbers

  • Sold twice: first on 4 August 2015 for AED 519,580, last on 14 June 2017 for AED 565,000 (AED 752 per sqft).
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 58,000 to AED 33,000 in 2021 and recovered to AED 54,000 by November 2024.
  • At AED 54,000 a year the gross yield on the 2017 price is 9.6%, before a service charge of about AED 8,000 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 7 November 2024.

Questions about 812-A, Axis Residences 2

What did unit 812-A last sell for?

AED 565,000 on 14 June 2017: AED 752 per sqft for 750 sqft. The unit has 2 registered sales; the first was AED 519,580 in August 2015.

What is the rent for unit 812-A?

AED 54,000 a year on the contract signed on 7 November 2024. The previous contract, from December 2023, was AED 49,000; the unit has been rented since May 2014.

How big is unit 812-A?

750 sqft (69.7 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2014.

What is unit 812-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 812-A, Axis Residences 2

Starts from the last sale price (AED 565K, 14 June 2017). Switch to today's estimate once you have unlocked it.
Price
AED 565,000
Deposit, UAE resident (20%)
AED 113,000
Deposit, non-resident (40%)
AED 226,000
Monthly over 25 years at 3.7%
AED 2,312

Plus AED 28,740 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →