1-bed · 817 sqftAxis Residences 8, Dubai Silicon Oasis · 2nd floor · completed 2010

201, Axis Residences 8

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 1 December 2019
Last soldAED 1.22M10 January 2016
Current rentAED 44K /yr1 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Axis Residences 8

What is 201 worth today?

Last sold for AED 1,217,408 in 2016

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1 Dec 2019RentedNew contract
AED 44,400/yr12 months · AED 54 per sqft
10 Jan 2016Sold by developerReady
AED 1,217,408AED 1,489 per sqft
1 Dec 2014RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
1 Dec 2013RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 December 2019.

Key facts

Type
1-bed apartment
Size
817 sqft
Floor
2nd of 8
Parking
15
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,500 /yr
Last sold
AED 1.22M · January 2016

About 201, Axis Residences 8

201 is a one-bedroom apartment of 817 sqft on the 2nd floor of Axis Residences 8, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. The developer sold it on 10 January 2016 for AED 1,217,408, or AED 1,489 per sqft, 95% above the AED 763 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 December 2019, is AED 44,400 a year: a gross yield of 3.6% on the 2016 price, before the service charge of about AED 10,500 a year.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical one-bed in Axis Residences 8
500K1M20112015201920232027Typical 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, January 2016: AED 1,217,408 (AED 1,489 per sqft)

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

Rents
Unit 201, 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, December 2013: AED 50,000 a yearNew contract, December 2014: AED 60,000 a yearNew contract, December 2019: AED 44,400 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 201 sits

All 111 1-beds →

201 last sold in January 2016 at AED 1,489 per sqft, 95% above what one-beds in Axis Residences 8 were fetching at the time (AED 763). 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. 201's AED 44,400 is in the lower 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 2nd floor

All 111 units in Axis Residences 8
Value
2021-bedAED 350K · Sep 2022
2031-bedAED 385K · Dec 2019
2041-bedAED 565K · Jul 2017
2051-bedAED 528K · May 2024
2061-bedAED 642K · Feb 2015
2071-bedAED 535K · Jan 2025
2081-bedAED 480K · Jul 2024
1–7 of 13

201, Axis Residences 8 in numbers

  • Sold once: by Gulf General Investments Co on 10 January 2016 for AED 1,217,408, or AED 1,489 per sqft.
  • Rented since December 2013 on 3 Ejari contracts, from AED 50,000 to AED 44,400 a year.
  • At AED 44,400 a year the gross yield on the 2016 price is 3.6%, before a service charge of about AED 10,500 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 December 2019.

Questions about 201, Axis Residences 8

What did unit 201 last sell for?

AED 1,217,408 on 10 January 2016, sold by the developer: AED 1,489 per sqft for 817 sqft. It is the only registered sale of the unit.

What is the rent for unit 201?

AED 44,400 a year on the contract signed on 1 December 2019. The previous contract, from December 2014, was AED 60,000; the unit has been rented since December 2013.

How big is unit 201?

817 sqft (75.9 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 201 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 201, Axis Residences 8

Starts from the last sale price (AED 1.22M, 10 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,217,408
Deposit, UAE resident (20%)
AED 243,482
Deposit, non-resident (40%)
AED 486,963
Monthly over 25 years at 3.7%
AED 4,981

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