1-bed · 931 sqftAxis Residences 8, Dubai Silicon Oasis · 2nd floor · completed 2010

211, Axis Residences 8

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 211 · DLD and Ejari recordsUpdated 8 February 2023
Last soldAED 809K11 February 2013
Current rentAED 42K /yr8 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 211, Axis Residences 8

What is 211 worth today?

Last sold for AED 808,500 in 2013

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8 Feb 2023RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
8 Feb 2022RentedRenewal
AED 42,000/yr12 months · AED 45 per sqft
8 Feb 2021RentedRenewal
AED 40,000/yr12 months · AED 43 per sqft
8 Feb 2020RentedNew contract
AED 40,000/yr12 months · AED 43 per sqft
16 Jan 2019RentedRenewal
AED 40,000/yr12 months · AED 43 per sqft
16 Jan 2018RentedRenewal
AED 52,000/yr12 months · AED 56 per sqft
15 Jan 2017RentedNew contract
AED 59,839/yr12 months · AED 65 per sqft
1 Jan 2016RentedNew contract
AED 50,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 8 February 2023.

Key facts

Type
1-bed apartment
Size
931 sqft
Floor
2nd of 8
Parking
25
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 12,000 /yr
Last sold
AED 809K · February 2013

About 211, Axis Residences 8

211 is a one-bedroom apartment of 931 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 11 February 2013 for AED 808,500, or AED 868 per sqft, 4% above the AED 836 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 8 February 2023, is AED 42,000 a year: a gross yield of 5.2% on the 2013 price, before the service charge of about AED 12,000 a year.

Sales and rents for 211 over time

Sales
Unit 211, each saleTypical one-bed in Axis Residences 8
500K750K20112015201920232027Typical 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, February 2013: AED 808,500 (AED 868 per sqft)

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

Rents
Unit 211, 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, October 2012: AED 37,898 a yearNew contract, November 2013: AED 44,875 a yearNew contract, December 2014: AED 49,866 a yearNew contract, January 2016: AED 50,000 a yearNew contract, January 2017: AED 59,839 a yearRenewal, January 2018: AED 52,000 a yearRenewal, January 2019: AED 40,000 a yearNew contract, February 2020: AED 40,000 a yearRenewal, February 2021: AED 40,000 a yearRenewal, February 2022: AED 42,000 a yearRenewal, February 2023: AED 42,000 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 211 sits

All 111 1-beds →

211 last sold in February 2013 at AED 868 per sqft, 4% above what one-beds in Axis Residences 8 were fetching at the time (AED 836). 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. 211's AED 42,000 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
2011-bedAED 1.22M · Jan 2016
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
1–7 of 13

211, Axis Residences 8 in numbers

  • Sold once: by Gulf General Investments Co on 11 February 2013 for AED 808,500, or AED 868 per sqft.
  • Rented since October 2012 on 11 Ejari contracts, from AED 37,898 to AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2013 price is 5.2%, 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 8 February 2023.

Questions about 211, Axis Residences 8

What did unit 211 last sell for?

AED 808,500 on 11 February 2013, sold by the developer: AED 868 per sqft for 931 sqft. It is the only registered sale of the unit.

What is the rent for unit 211?

AED 42,000 a year on the contract renewed on 8 February 2023. The previous contract, from February 2022, was AED 42,000; the unit has been rented since October 2012.

How big is unit 211?

931 sqft (86.5 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.

What is unit 211 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 211, Axis Residences 8

Starts from the last sale price (AED 809K, 11 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 808,500
Deposit, UAE resident (20%)
AED 161,700
Deposit, non-resident (40%)
AED 323,400
Monthly over 25 years at 3.7%
AED 3,308

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