1-bed · 917 sqftAxis Residences 8, Dubai Silicon Oasis · 1st floor · completed 2010

104, Axis Residences 8

Sold prices and rental history: sold twice, last in May 2015, and rented once, from July 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 104 · DLD and Ejari recordsUpdated 26 May 2015
Last soldAED 865K26 May 2015
Current rentAED 59K /yr12 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 104, Axis Residences 8

What is 104 worth today?

Last sold for AED 865,000 in 2015

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26 May 2015SoldReady
AED 865,000AED 943 per sqft
12 Jul 2014RentedNew contract
AED 59,000/yr12 months · AED 64 per sqft
29 May 2011Sold by developerReady
AED 610,350AED 665 per sqft

Source: Dubai Land Department. Updated 26 May 2015.

Key facts

Type
1-bed apartment
Size
917 sqft
Floor
1st of 8
Parking
4
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,800 /yr
Last sold
AED 865K · May 2015

About 104, Axis Residences 8

104 is a one-bedroom apartment of 917 sqft on the 1st floor of Axis Residences 8, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. It last sold on 26 May 2015 for AED 865,000, or AED 943 per sqft, 26% above the AED 749 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 12 July 2014. The current contract, signed on 12 July 2014, is AED 59,000 a year: a gross yield of 6.8% on the 2015 price, before the service charge of about AED 11,800 a year.

Sales and rents for 104 over time

Sales
Unit 104, each saleTypical one-bed in Axis Residences 8
500K750K20112015201920232027Typical sale price by year: 2011 AED 562,900; 2012 AED 664,850; 2013 AED 506,185; 2014 AED 622,728; 2015 AED 649,751; 2016 AED 617,500; 2017 AED 572,500; 2021 AED 394,000; 2022 AED 350,000; 2023 AED 402,500; 2024 AED 500,000; 2025 AED 596,611; 2026 AED 650,000Sold by developer, May 2011: AED 610,350 (AED 665 per sqft)Sold, May 2015: AED 865,000 (AED 943 per sqft)

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

Rents
Unit 104, each contractTypical one-bed in Axis Residences 8
40K60K2012201620202024Typical rent by year: 2012 AED 36,500; 2013 AED 40,000; 2014 AED 49,133; 2015 AED 55,000; 2016 AED 58,000; 2017 AED 54,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 32,000; 2023 AED 37,000; 2024 AED 47,500; 2025 AED 54,000; 2026 AED 55,000New contract, July 2014: AED 59,000 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 8, and where 104 sits

All 111 1-beds →

104 last sold in May 2015 at AED 943 per sqft, 26% above what one-beds in Axis Residences 8 were fetching at the time (AED 749). Over the last 12 months one-beds sold for AED 630,000 to 860,000, around AED 813 per sqft, and rent for AED 35,000 to 80,000 a year. 104's AED 59,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
4 May 2026630,000
10 Mar 2026665,000
19 Feb 2026650,000
17 Feb 2026650,000
5 1-bed sales in the last 12 months

Axis Residences 8

Building

111 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2010 by Gulf General Investments Co. 5 sold in the last 12 months.

Typical price per sqft
AED 813
Typical sale
AED 650K
Typical rent
AED 55K /yr
Typical yield
8.5%
Axis Residences 8, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 111 units in Axis Residences 8
Value
1011-bedAED 600K · Nov 2016
1021-bedAED 510K · May 2025
1031-bedAED 797K · Feb 2012
1051-bedAED 616K · Jan 2014
1061-bedAED 660K · Mar 2014
1071-bedAED 631K · Nov 2015
1081-bedAED 335K · Mar 2022
1–7 of 13

104, Axis Residences 8 in numbers

  • Sold twice: first on 29 May 2011 for AED 610,350, last on 26 May 2015 for AED 865,000 (AED 943 per sqft).
  • Rented since July 2014 on one Ejari contract, at AED 59,000 a year.
  • At AED 59,000 a year the gross yield on the 2015 price is 6.8%, before a service charge of about AED 11,800 a year (AED 12.89 per sqft).
  • One-beds in Axis Residences 8 sold for AED 630,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 813 per sqft.

Source: Dubai Land Department. Updated 26 May 2015.

Questions about 104, Axis Residences 8

What did unit 104 last sell for?

AED 865,000 on 26 May 2015: AED 943 per sqft for 917 sqft. The unit has 2 registered sales; the first was AED 610,350 in May 2011.

What is the rent for unit 104?

AED 59,000 a year on the contract signed on 12 July 2014.

How big is unit 104?

917 sqft (85.2 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 104 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 8 sold for AED 630,000 to 860,000 in the last 12 months, around AED 813 per sqft.

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Mortgage on 104, Axis Residences 8

Starts from the last sale price (AED 865K, 26 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →