111, Axis Residences 8
Sold prices and rental history: sold twice, last in February 2017, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Axis Residences 8
What is 111 worth today?
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Source: Dubai Land Department. Updated 20 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 931 sqft
- Floor
- 1st of 8
- Parking
- 11
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 12,000 /yr
- Last sold
- AED 610K · February 2017
- Building
- Axis Residences 8
About 111, Axis Residences 8
111 is a one-bedroom apartment of 931 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 21 February 2017 for AED 610,000, or AED 655 per sqft, 18% below the AED 803 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 20 February 2025, is AED 51,000 a year: a gross yield of 8.4% on the 2017 price, before the service charge of about AED 12,000 a year.
Sales and rents for 111 over time
111 has sold twice; the dashed line is the one-bed median of each year in the building.
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 111 sits
All 111 1-beds →111 last sold in February 2017 at AED 655 per sqft, 18% below what one-beds in Axis Residences 8 were fetching at the time (AED 803). 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. 111's AED 51,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 May 20264 May 2026 | 661 sqft | 630,000 | 953 | ||
| 10 Mar 202610 March 2026 | 817 sqft | 665,000 | 813 | ||
| 19 Feb 202619 February 2026 | 890 sqft | 650,000 | 730 | ||
| 17 Feb 202617 February 2026 | 920 sqft | 650,000 | 706 |
Axis Residences 8
Building111 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%
Other units on the 1st floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 1-bed | 817 sqft | AED 600KAED 600,000 · Nov 2016November 2016 | 54,000 /yr | |
| 102 | 1-bed | 661 sqft | AED 510KAED 510,000 · May 2025May 2025 | 55,000 /yr | |
| 103 | 1-bed | 920 sqft | AED 797KAED 797,450 · Feb 2012February 2012 | 50,000 /yr | |
| 104 | 1-bed | 917 sqft | AED 865KAED 865,000 · May 2015May 2015 | 59,000 /yr | |
| 105 | 1-bed | 768 sqft | AED 616KAED 616,400 · Jan 2014January 2014 | 57,000 /yr | |
| 106 | 1-bed | 831 sqft | AED 660KAED 660,000 · Mar 2014March 2014 | 55,000 /yr | |
| 107 | 1-bed | 864 sqft | AED 631KAED 630,735 · Nov 2015November 2015 | 52,000 /yr | |
| 108 | 1-bed | 842 sqft | AED 335KAED 335,000 · Mar 2022March 2022 | 57,000 /yr | |
| 109 | 1-bed | 775 sqft | AED 665KAED 664,850 · Jul 2013July 2013 | 33,000 /yr | |
| 110 | 1-bed | 924 sqft | AED 683KAED 683,100 · Jul 2015July 2015 | 55,000 /yr | |
| 112 | 1-bed | 654 sqft | AED 320KAED 320,496 · May 2022May 2022 | 20,285 /yr | |
| 113 | 1-bed | 821 sqft | AED 635KAED 635,000 · Apr 2015April 2015 | 28,000 /yr | |
| 114 | 1-bed | 445 sqft | AED 403KAED 403,000 · Jul 2022July 2022 | 40,000 /yr |
111, Axis Residences 8 in numbers
- Sold twice: first on 18 March 2013 for AED 504,450, last on 21 February 2017 for AED 610,000 (AED 655 per sqft).
- Rented since July 2015 on 7 Ejari contracts. The rent fell from AED 60,000 to AED 28,000 in 2021 and recovered to AED 51,000 by February 2025.
- At AED 51,000 a year the gross yield on the 2017 price is 8.4%, before a service charge of about AED 12,000 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 20 February 2025.
Questions about 111, Axis Residences 8
What did unit 111 last sell for?
AED 610,000 on 21 February 2017: AED 655 per sqft for 931 sqft. The unit has 2 registered sales; the first was AED 504,450 in March 2013.
What is the rent for unit 111?
AED 51,000 a year on the contract signed on 20 February 2025. The previous contract, from January 2021, was AED 28,000; the unit has been rented since July 2015.
How big is unit 111?
931 sqft (86.5 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.
What is unit 111 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 111, Axis Residences 8
Starts from the last sale price (AED 610K, 21 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 610,000
- Deposit, UAE resident (20%)
- AED 122,000
- Deposit, non-resident (40%)
- AED 244,000
- Monthly over 25 years at 3.7%
- AED 2,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →