Axis Residences
About the project
(sq. ft.)
Axis Residences is an apartment complex consisting of eight low-rise buildings that are located in Dubai Silicon Oasis, Dubai. The project was developed by Gulf General Investments and was commissioned in 2010. Each building has nine levels, and properties
Including one- to two-bedroom apartments that vary in configuration.
Residents can enjoy a variety of first-class amenities, including:
- Gym
- Rooftop swimming pool
- Landscaped areas
- 24-hour concierge services
- Intercom system
- Children’s playgrounds
- Security and video surveillance
- Fire alarm system
- Maintenance services
- Central air conditioning
- ATM
- Parking
- High-speed elevators
- Backup power system
- Lobby
- Covered bicycle parking
One-bedroom apartments have a minimum size of 79 sq. m (850 sq. ft.), and two-bedroom apartments have a minimum size of 93 sq. m (1,000 sq. ft.).
One-bedroom apartments have a starting price of AED 360,000 (USD 98,000), and two-bedroom apartments have a starting price of AED 530,000 (USD 144,000).
*The price is valid for 2021
Property Information
- Location Dubai Silicon Oasis, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-2BR
- Area from 850 sq. ft.
Location
Axis Residences is conveniently located near Sheikh Mohammed Bin Zayed Road, Al Ain – Dubai Road, and Sheikh Zayed Bin Hamadan Al Nahyan Street. The nearest bus stop, Silicon Oasis Masjid 2, can be reached within a five-minute walk of the complex, and Silicon Oasis North Park 1 Bus Stop is situated within a five-minute drive.
Residents can take advantage of nearby schools and nurseries. Vernus International School Dubai and Emirates British Nursery are located within a five-minute walk of the buildings.
For groceries and household goods, residents can shop at Souq Extra, which can be reached within a 15-minute walk of the residences, and Spinneys Supermarket is situated within a five-minute drive.
Residents can choose from a wide selection of local restaurants and cafes. Kulfi King, Starbucks, and KFC are located within a five-minute drive of the apartments.
The complex is situated within a short drive of several popular destinations, including:
- North Park – 5 minutes
- Dubai International Airport – 20 minutes
- Palm Jumeirah – 35 minutes
Payback
Dubai Silicon Oasis offers many profitable real estate investment opportunities. One-bedroom apartments are the most in-demand units at Axis Residences and have an annual rental rate that starts at AED 32,000 (USD 9,000).
Properties in Dubai Silicon Oasis have a return on investment rate of 8.4%, which is quite high compared to other residential areas in Dubai. Units are considered to have high liquidity, which means that they can be sold quickly and for profit, and local real estate is expected to increase in value in the coming years.
*The price is valid for 2021
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6111
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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