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Ready building · Ggico

Axis Residence 2, Nadd Hessa

Highlights

Axis Residence 2 at a glance

About Axis Residence 2

Axis Residence 2 is a residential building in Nadd Hessa, Dubai, developed by Ggico. It holds about 284 units: 1-bedroom apartments, 2-bedroom apartments.

The building was completed in 2014 and has been in use for about 12 years. 8 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 701 per sq ft.

Axis Residence 2 is one of 103 buildings in Nadd Hessa: 61 are complete and 13 are still being built.

In a nutshell

  • A residential ready building
  • Located in Nadd Hessa, Dubai
  • Developed by Ggico
  • Completed in Q1 2014
  • Unit types: 1 Bed, 2 Beds
  • Sizes from 720 to 1,180 sq ft
  • Service charge from AED 20.16 per sq ft
Status
Ready
Developer
Ggico
Location
Nadd Hessa, Dubai
Completed
Q1 2014
Unit types
1 Bed, 2 Beds
Prices from
AED 300.0K
Median price per sq ft
AED 701
Median gross yield
9.4%
Service charge
AED 20.16 per sq ft (2022)
Nearest metro
Academic City, 1.1 km

Building details

Inside Axis Residence 2

Properties in Axis Residence 2

1-bedroom apartments in Axis Residence 2

There are about 268 of these in Axis Residence 2, from 720 to 1,180 sq ft. They have recently sold for a median of AED 555.0K, or AED 700 per sq ft.

2-bedroom apartments in Axis Residence 2

There are about 16 of these in Axis Residence 2, from 1,050 sq ft. None has sold recently enough to quote a price.

Unit types in Axis Residence 2 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
1 Bed268720 sqft66.9 sqmt – 1,180 sqft109.6 sqmtAED 555KAED 49K
2 Beds161,050 sqft97.5 sqmtNo recent sales–

Recent transactions in Axis Residence 2

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 520K

    AED 675 /sqftAED 7,266 /sqmt

    ReadyApartment
    770 sqft71.5 sqmt1 BedOwner29 Oct 2026

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 555K

    AED 700 /sqftAED 7,535 /sqmt

    ReadyApartment
    793 sqft73.7 sqmt1 BedOwner10 Jul 2026

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 500K

    AED 625 /sqftAED 6,727 /sqmt

    ReadyApartment
    800 sqft74.3 sqmt1 BedOwner24 Jun 2026

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 568K

    AED 735 /sqftAED 7,911 /sqmt

    ReadyApartment
    773 sqft71.8 sqmt1 BedOwner14 May 2026

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 500K

    AED 667 /sqftAED 7,180 /sqmt

    ReadyApartment
    750 sqft69.7 sqmt1 BedOwner23 Jan 2026

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 600K

    AED 750 /sqftAED 8,073 /sqmt

    ReadyApartment
    800 sqft74.3 sqmt1 BedOwner8 Jan 2026

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 650K

    AED 819 /sqftAED 8,816 /sqmt

    ReadyApartment
    794 sqft73.8 sqmt1 BedOwner18 Nov 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 585K

    AED 694 /sqftAED 7,470 /sqmt

    ReadyApartment
    843 sqft78.3 sqmt1 BedOwner7 Nov 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 570K

    AED 761 /sqftAED 8,191 /sqmt

    ReadyApartment
    749 sqft69.6 sqmt1 BedOwner17 Oct 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 700K

    AED 883 /sqftAED 9,505 /sqmt

    ReadyApartment
    793 sqft73.7 sqmt1 BedOwner6 Oct 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 825K

    AED 789 /sqftAED 8,493 /sqmt

    ReadyApartment
    1,046 sqft97.2 sqmt2 BedsOwner29 Sept 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 565K

    AED 687 /sqftAED 7,395 /sqmt

    ReadyApartment
    822 sqft76.4 sqmt1 BedOwner24 Sept 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 530K

    AED 689 /sqftAED 7,416 /sqmt

    ReadyApartment
    769 sqft71.4 sqmt1 BedOwner14 Aug 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 610K

    AED 742 /sqftAED 7,987 /sqmt

    ReadyApartment
    822 sqft76.4 sqmt1 BedOwner10 Jul 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 550K

    AED 712 /sqftAED 7,664 /sqmt

    ReadyApartment
    773 sqft71.8 sqmt1 BedOwner8 Jul 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 540K

    AED 701 /sqftAED 7,546 /sqmt

    ReadyApartment
    770 sqft71.5 sqmt1 BedOwner26 Jun 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 540K

    AED 720 /sqftAED 7,750 /sqmt

    ReadyApartment
    750 sqft69.7 sqmt1 BedOwner1 May 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 540K

    AED 683 /sqftAED 7,352 /sqmt

    ReadyApartment
    791 sqft73.5 sqmt1 BedOwner24 Apr 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 490K

    AED 654 /sqftAED 7,040 /sqmt

    ReadyApartment
    749 sqft69.6 sqmt1 BedOwner21 Apr 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 520K

    AED 570 /sqftAED 6,135 /sqmt

    ReadyApartment
    913 sqft84.8 sqmt1 BedOwner10 Apr 2025

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 50K/yr

    ApartmentNew contract
    802 sqft74.5 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 49K/yr

    ApartmentNew contract
    794 sqft73.8 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 50K/yr

    ApartmentNew contract
    793 sqft73.7 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 56K/yr

    ApartmentNew contract
    769 sqft71.4 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 43.6K/yr

    ApartmentRenewal
    913 sqft84.8 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 41.5K/yr

    ApartmentNew contract
    791 sqft73.5 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 41.3K/yr

    ApartmentRenewal
    749 sqft69.6 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 47K/yr

    ApartmentNew contract
    822 sqft76.4 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 50K/yr

    ApartmentNew contract
    755 sqft70.1 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 64K/yr

    ApartmentNew contract
    749 sqft69.6 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 50K/yr

    ApartmentNew contract
    758 sqft70.4 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 40.7K/yr

    ApartmentRenewal
    822 sqft76.4 sqmt1 Bedto

  • Axis Residence 2

    Dubai Silicon Oasis

    AED 48K/yr

    ApartmentRenewal
    791 sqft73.5 sqmt1 Bedto

Every sale in Axis Residence 2Every rent contract in Axis Residence 2

Service charges in Axis Residence 2

The 2022 service charge in Axis Residence 2 is AED 20.16 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Service charges in Axis Residence 2
Unit typeRate per sq ftSizeYearly charge
1 Bed Apartment (2022)AED 20.16720 sqft66.9 sqmt – 1,180 sqft109.6 sqmtAED 14,515 – AED 23,789
2 Beds Apartment (2022)AED 20.161,050 sqft97.5 sqmtAED 21,168 – AED 21,168

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Nearby amenities

Around Axis Residence 2

Transportation near Axis Residence 2

Stations planned on new lines nearby include Academic City (blue line, 1.1 km, about 13 min walk) and Dubai Silicon Oasis (blue line, 1.8 km, about 6 min drive).

  • Academic CityBlue line · 1.1 km · about 13 min walk
  • Dubai Silicon OasisBlue line · 1.8 km · about 6 min drive
  • International City 2Blue line · 2.7 km · about 7 min drive
  • International City 1Blue line · 4.1 km · about 10 min drive
  • Dragon MartBlue line · 5.7 km · about 13 min drive
  • Auto MarketBlue line · 6.6 km · about 15 min drive

Shopping and groceries near Axis Residence 2

The closest is Spinneys / Dubai Silicon Oasis, 2.8 km from Axis Residence 2 (about 8 min drive).

  • Spinneys / Dubai Silicon OasisSupermarket · 2.8 km · about 8 min drive
  • Spinneys / International City, France ClusterSupermarket · 3.7 km · about 9 min drive
  • Lulu Express / France Cluster, International CitySupermarket · 3.8 km · about 10 min drive
  • Dragon MartShopping Mall · 5.5 km · about 13 min drive
  • Dubai Outlet MallShopping Mall · 6 km · about 14 min drive

Restaurants and hotels near Axis Residence 2

The closest is Abidos Hotel Apartments, 4.9 km from Axis Residence 2 (about 12 min drive).

  • Abidos Hotel ApartmentsHotel · 4.9 km · about 12 min drive

Schools near Axis Residence 2

The nearest is Vernus International Primary School - FZCO, 0.4 km away. Ratings are the KHDA's latest inspection grades.

  • Vernus International Primary School - FZCOAmerican · KHDA: Acceptable · 0.4 km
  • GEMS Wellington Academy -FzeUK - UK/IB · KHDA: Very good · 1.9 km
  • German International School DubaiGerman · KHDA: Not inspected due to COVID 19 · 2.1 km
  • Dubai English Speaking School - (College)UK · KHDA: Outstanding · 2.4 km
  • Lycee Francais International Georges Pompidou School (Dubai Branch)French · KHDA: Very good · 2.6 km
  • Sheikh Rashid Bin Saeed Islamic InstituteMinistry of Education · KHDA: Good · 2.7 km

Other buildings in Nadd Hessa

Nadd Hessa has 103 buildings. A few others to compare Axis Residence 2 with:

All 103 Nadd Hessa buildings →

Things to consider about Axis Residence 2

In its favour

  • A median gross yield of 9.4% on recent sales.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

Worth checking

  • Few sales each year, so a resale can take longer and prices move on a handful of deals.
  • Service charges of up to AED 20.16 per sq ft are on the higher side for Dubai.
  • Completed 12 years ago: ask about maintenance and any planned refurbishment.

FAQs

Axis Residence 2: questions answered

Axis Residence 2 was developed by Ggico in Nadd Hessa.

Axis Residence 2 is completed in Q1 2014.

Across its 20 most recent registered sales, Axis Residence 2 sold for a median of AED 701 per sq ft and AED 552.5K per unit.

Recent yearly contracts in Axis Residence 2 have a median rent of AED 49.0K.

The median gross yield on recently sold units in Axis Residence 2 is 9.4%: the rent the unit earned over its purchase price, before costs.

The 2022 service charge for residential units in Axis Residence 2 is AED 20.16 per sq ft a year, as registered with the Dubai Land Department.

Axis Residence 2 has 1 Bed (720 to 1,180 sq ft), 2 Beds (1,050 sq ft).

Academic City is about 1.1 km from Axis Residence 2.

The nearest schools include Vernus International Primary School - FZCO (0.4 km), GEMS Wellington Academy -Fze (1.9 km), German International School Dubai (2.1 km).

Buying, selling or renting in Axis Residence 2?

A broker who works Nadd Hessa will tell you what is available and what comparable homes went for.

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