206, Axis Residences 8
Sold prices and rental history: sold twice, last in February 2015, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Axis Residences 8
What is 206 worth today?
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Source: Dubai Land Department. Updated 10 December 2019.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 2nd of 8
- Parking
- 20
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,700 /yr
- Last sold
- AED 642K · February 2015
- Building
- Axis Residences 8
About 206, Axis Residences 8
206 is a one-bedroom apartment of 831 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 22 February 2015 for AED 642,000, or AED 772 per sqft, 3% above the AED 748 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 10 December 2019, is AED 40,000 a year: a gross yield of 6.2% on the 2015 price, before the service charge of about AED 10,700 a year.
Sales and rents for 206 over time
206 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 206 sits
All 111 1-beds →206 last sold in February 2015 at AED 772 per sqft, 3% above what one-beds in Axis Residences 8 were fetching at the time (AED 748). 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. 206's AED 40,000 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 | |
| 204 | 1-bed | 917 sqft | AED 565KAED 565,000 · Jul 2017July 2017 | 42,000 /yr | |
| 205 | 1-bed | 768 sqft | AED 528KAED 527,922 · May 2024May 2024 | 51,692 /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 |
206, Axis Residences 8 in numbers
- Sold twice: first on 29 May 2011 for AED 544,050, last on 22 February 2015 for AED 642,000 (AED 772 per sqft).
- Rented since November 2012 on 5 Ejari contracts, from AED 38,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2015 price is 6.2%, before a service charge of about AED 10,700 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 10 December 2019.
Questions about 206, Axis Residences 8
What did unit 206 last sell for?
AED 642,000 on 22 February 2015: AED 772 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 544,050 in May 2011.
What is the rent for unit 206?
AED 40,000 a year on the contract signed on 10 December 2019. The previous contract, from December 2017, was AED 50,000; the unit has been rented since November 2012.
How big is unit 206?
831 sqft (77.2 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.
What is unit 206 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 206, Axis Residences 8
Starts from the last sale price (AED 642K, 22 February 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 642,000
- Deposit, UAE resident (20%)
- AED 128,400
- Deposit, non-resident (40%)
- AED 256,800
- Monthly over 25 years at 3.7%
- AED 2,627
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →