Project · Transactions · 2023

Axis Residences 2 Property Transactions 2023

20 property sales worth ⃃ 7.81M were registered in Axis Residences 2 in 2023, 11.1% higher than 2022 by number of sales. The median sale price was ⃃ 387,500 and the median price per square foot ⃃ 495 (+19.2% on 2022).

Period: 1 Jan – 31 Dec 2023Compared with: 2022Sample: 20 salesUpdated: 19 Oct 2026
Property sales
20
+11.1% vs 2022
1 Jan – 31 Dec 2023
Total value
⃃ 7.81M
+26.7% vs 2022
1 Jan – 31 Dec 2023
Median sale price
⃃ 387,500
+17.8% vs 2022
20 sales
Median price per sq ft
⃃ 495
+19.2% vs 2022
20 sales

What types of property sold in Axis Residences 2 in 2023?

1 Jan – 31 Dec 2023

SegmentSalesShare of salesValueMedian pricePer sq ft
Apartments20100%⃃ 7.81M⃃ 387,500⃃ 495

How were 2023 sales split between off-plan, ready, primary and resale?

Primary/resale (who sold) and off-plan/ready (the unit’s state at sale) are separate splits; each pair adds up to the total.

SegmentSalesShare of salesValueMedian pricePer sq ft
Primary (developer sales)210%⃃ 600K⃃ 300,000⃃ 352
Resale (secondary)1890%⃃ 7.21M⃃ 395,000⃃ 503
Ready20100%⃃ 7.81M⃃ 387,500⃃ 495

How many rental contracts were registered in Axis Residences 2 in 2023?

172 rental contracts (new and renewed) were registered in Axis Residences 2 in 2023, at a median annual rent of ⃃ 36,000 (+12.5% on 2022). Rental yields in Axis Residences 2

What were the most expensive property sales in Axis Residences 2 in 2023?

The ten highest registered sale prices in the year.

DatePropertyTypeSizePriceMarket
05/04/2023Axis Residence 22 beds · Apartment1,046 sq ft⃃ 635,000Resale · Ready
10/10/2023Axis Residence 21 bed · Apartment846 sq ft⃃ 430,000Resale · Ready
02/11/2023Axis Residence 21 bed · Apartment793 sq ft⃃ 430,000Resale · Ready
05/09/2023Axis Residence 21 bed · Apartment853 sq ft⃃ 428,617Resale · Ready
12/09/2023Axis Residence 21 bed · Apartment793 sq ft⃃ 421,733Resale · Ready
06/12/2023Axis Residence 21 bed · Apartment749 sq ft⃃ 420,000Resale · Ready
08/09/2023Axis Residence 21 bed · Apartment791 sq ft⃃ 409,693Resale · Ready
09/11/2023Axis Residence 21 bed · Apartment794 sq ft⃃ 404,000Resale · Ready
21/06/2023Axis Residence 21 bed · Apartment822 sq ft⃃ 400,000Resale · Ready
11/09/2023Axis Residence 21 bed · Apartment758 sq ft⃃ 390,000Resale · Ready

What were the last registered sales of 2023?

DatePropertyTypeSizePriceMarket
06/12/2023Axis Residence 21 bed · Apartment749 sq ft⃃ 420,000Resale · Ready
09/11/2023Axis Residence 21 bed · Apartment794 sq ft⃃ 404,000Resale · Ready
02/11/2023Axis Residence 21 bed · Apartment793 sq ft⃃ 430,000Resale · Ready
10/10/2023Axis Residence 21 bed · Apartment846 sq ft⃃ 430,000Resale · Ready
12/09/2023Axis Residence 21 bed · Apartment793 sq ft⃃ 421,733Resale · Ready
12/09/2023Axis Residence 22 beds · Apartment1,047 sq ft⃃ 230,000Resale · Ready
11/09/2023Axis Residence 21 bed · Apartment758 sq ft⃃ 390,000Resale · Ready
08/09/2023Axis Residence 21 bed · Apartment791 sq ft⃃ 409,693Resale · Ready
05/09/2023Axis Residence 21 bed · Apartment853 sq ft⃃ 428,617Resale · Ready
27/07/2023Axis Residence 21 bed · Apartment800 sq ft⃃ 385,000Resale · Ready

How these figures are calculated

Sales
Registered sale transactions dated in the year, all property types, primary and resale, off-plan and ready.
Medians
Median sale price and median price per square foot of those sales.
Year-on-year
Changes compare 2023 with the whole of 2022.
Primary vs resale
Primary = sold by the developer; resale = sold by a previous owner. Off-plan/ready describes the unit, not the seller.

Full definitions: DXBinteract methodology · market indicators explained

Source and how to cite

DXBinteract analysis based on Dubai Land Department transaction data.

Data to
(latest registered transaction)
Last updated
— figures refresh hourly from the live dataset
Permanent URL
https://dxbinteract.com/dubai-property-transactions/axis-residences-2/2023
Axis Residences 2 Property Transactions 2023. DXBinteract, data to 16 Oct 2026. https://dxbinteract.com/dubai-property-transactions/axis-residences-2/2023

Republishing? Keep the source line “DXBinteract analysis based on Dubai Land Department transaction data.” and link to this page. Attribution guidelines

Frequently asked questions

How many properties were sold in Axis Residences 2 in 2023?
20 property sales worth ⃃ 7,809,043 were registered in Axis Residences 2 in 2023. That is 11.1% higher than 2022.
What was the median property price in Axis Residences 2 in 2023?
The median sale price was ⃃ 387,500 and the median price per square foot ⃃ 495 (1 Jan – 31 Dec 2023).
What share of 2023 sales in Axis Residences 2 were off-plan or from developers?
Developer (primary) sales were 10% of the 20 sales and resales 90%. Primary/resale and off-plan/ready are different splits.

Last updated · data to 16 Oct 2026 · https://dxbinteract.com/dubai-property-transactions/axis-residences-2/2023