112, Axis Residences 8
Sold prices and rental history: sold 3 times, last in May 2022, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 112, Axis Residences 8
What is 112 worth today?
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Source: Dubai Land Department. Updated 1 January 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 654 sqft
- Floor
- 1st of 8
- Parking
- 12
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,400 /yr
- Last sold
- AED 320K · May 2022
- Building
- Axis Residences 8
About 112, Axis Residences 8
112 is a one-bedroom apartment of 654 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 31 May 2022 for AED 320,496, or AED 490 per sqft, 9% above the AED 449 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 January 2023, is AED 20,285 a year: a gross yield of 6.3% on the 2022 price, before the service charge of about AED 8,400 a year.
Sales and rents for 112 over time
112 has sold 3 times; 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 112 sits
All 111 1-beds →112 last sold in May 2022 at AED 490 per sqft, 9% above what one-beds in Axis Residences 8 were fetching at the time (AED 449). 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. 112's AED 20,285 is at the bottom 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 | |
| 111 | 1-bed | 931 sqft | AED 610KAED 610,000 · Feb 2017February 2017 | 51,000 /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 |
112, Axis Residences 8 in numbers
- Sold 3 times: first on 3 February 2013 for AED 326,900, last on 31 May 2022 for AED 320,496 (AED 490 per sqft).
- Rented since July 2021 on 2 Ejari contracts, from AED 25,000 to AED 20,285 a year.
- At AED 20,285 a year the gross yield on the 2022 price is 6.3%, before a service charge of about AED 8,400 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 1 January 2023.
Questions about 112, Axis Residences 8
What did unit 112 last sell for?
AED 320,496 on 31 May 2022: AED 490 per sqft for 654 sqft. The unit has 3 registered sales; the first was AED 326,900 in February 2013.
What is the rent for unit 112?
AED 20,285 a year on the contract signed on 1 January 2023. The previous contract, from July 2021, was AED 25,000.
How big is unit 112?
654 sqft (60.8 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.
What is unit 112 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 112, Axis Residences 8
Starts from the last sale price (AED 320K, 31 May 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 320,496
- Deposit, UAE resident (20%)
- AED 64,099
- Deposit, non-resident (40%)
- AED 128,198
- Monthly over 25 years at 3.7%
- AED 1,311
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →