212, Axis Residences 8
Sold prices and rental history: sold twice, last in February 2017, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 212, Axis Residences 8
What is 212 worth today?
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Source: Dubai Land Department. Updated 30 April 2018.
Key facts
- Type
- 1-bed apartment
- Size
- 654 sqft
- Floor
- 2nd of 8
- Parking
- 26
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,400 /yr
- Last sold
- AED 550K · February 2017
- Building
- Axis Residences 8
About 212, Axis Residences 8
212 is a one-bedroom apartment of 654 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 27 February 2017 for AED 550,000, or AED 841 per sqft, in line with the AED 833 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 30 April 2018, is AED 51,500 a year: a gross yield of 9.4% on the 2017 price, before the service charge of about AED 8,400 a year.
Sales and rents for 212 over time
212 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 212 sits
All 111 1-beds →212 last sold in February 2017 at AED 841 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 833). 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. 212's AED 51,500 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 | |
| 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 | |
| 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 |
212, Axis Residences 8 in numbers
- Sold twice: first on 4 March 2012 for AED 588,910, last on 27 February 2017 for AED 550,000 (AED 841 per sqft).
- Rented since April 2014 on 3 Ejari contracts, from AED 53,000 to AED 51,500 a year.
- At AED 51,500 a year the gross yield on the 2017 price is 9.4%, 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 30 April 2018.
Questions about 212, Axis Residences 8
What did unit 212 last sell for?
AED 550,000 on 27 February 2017: AED 841 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 588,910 in March 2012.
What is the rent for unit 212?
AED 51,500 a year on the contract signed on 30 April 2018. The previous contract, from April 2015, was AED 55,000; the unit has been rented since April 2014.
How big is unit 212?
654 sqft (60.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2010.
What is unit 212 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 212, Axis Residences 8
Starts from the last sale price (AED 550K, 27 February 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 550,000
- Deposit, UAE resident (20%)
- AED 110,000
- Deposit, non-resident (40%)
- AED 220,000
- Monthly over 25 years at 3.7%
- AED 2,250
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →