204, Axis Residences 8
Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Axis Residences 8
What is 204 worth today?
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Source: Dubai Land Department. Updated 1 August 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 917 sqft
- Floor
- 2nd of 8
- Parking
- 18
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,800 /yr
- Last sold
- AED 565K · July 2017
- Building
- Axis Residences 8
About 204, Axis Residences 8
204 is a one-bedroom apartment of 917 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. It last sold on 2 July 2017 for AED 565,000, or AED 616 per sqft, 19% below the AED 764 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 42,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 11,800 a year.
Sales and rents for 204 over time
204 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 204 sits
All 111 1-beds →204 last sold in July 2017 at AED 616 per sqft, 19% below what one-beds in Axis Residences 8 were fetching at the time (AED 764). 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. 204's AED 42,000 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 2nd floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 817 sqft | AED 1.22MAED 1,217,408 · Jan 2016January 2016 | 44,400 /yr | |
| 202 | 1-bed | 661 sqft | AED 350KAED 350,000 · Sep 2022September 2022 | 47,250 /yr | |
| 203 | 1-bed | 920 sqft | AED 385KAED 385,000 · Dec 2019December 2019 | 48,000 /yr | |
| 205 | 1-bed | 768 sqft | AED 528KAED 527,922 · May 2024May 2024 | 51,692 /yr | |
| 206 | 1-bed | 831 sqft | AED 642KAED 642,000 · Feb 2015February 2015 | 40,000 /yr | |
| 207 | 1-bed | 864 sqft | AED 535KAED 535,000 · Jan 2025January 2025 | 62,000 /yr | |
| 208 | 1-bed | 842 sqft | AED 480KAED 480,000 · Jul 2024July 2024 | 45,150 /yr | |
| 209 | 1-bed | 775 sqft | AED 585KAED 585,000 · Sep 2016September 2016 | 36,000 /yr | |
| 210 | 1-bed | 924 sqft | AED 820KAED 820,200 · May 2014May 2014 | 46,500 /yr | |
| 211 | 1-bed | 931 sqft | AED 809KAED 808,500 · Feb 2013February 2013 | 42,000 /yr | |
| 212 | 1-bed | 654 sqft | AED 550KAED 550,000 · Feb 2017February 2017 | 51,500 /yr | |
| 213 | 1-bed | 821 sqft | AED 635KAED 635,000 · Dec 2016December 2016 | 50,000 /yr | |
| 214 | 1-bed | 890 sqft | AED 650KAED 649,751 · Nov 2015November 2015 | 37,000 /yr |
204, Axis Residences 8 in numbers
- Sold twice: first on 15 June 2015 for AED 774,620, last on 2 July 2017 for AED 565,000 (AED 616 per sqft).
- Rented since March 2018 on 5 Ejari contracts. The rent fell from AED 55,000 to AED 35,000 in 2022 and recovered to AED 42,000 by August 2024.
- At AED 42,000 a year the gross yield on the 2017 price is 7.4%, 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 1 August 2024.
Questions about 204, Axis Residences 8
What did unit 204 last sell for?
AED 565,000 on 2 July 2017: AED 616 per sqft for 917 sqft. The unit has 2 registered sales; the first was AED 774,620 in June 2015.
What is the rent for unit 204?
AED 42,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 40,000; the unit has been rented since March 2018.
How big is unit 204?
917 sqft (85.2 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.
What is unit 204 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 204, Axis Residences 8
Starts from the last sale price (AED 565K, 2 July 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 565,000
- Deposit, UAE resident (20%)
- AED 113,000
- Deposit, non-resident (40%)
- AED 226,000
- Monthly over 25 years at 3.7%
- AED 2,312
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →