1-bed · 768 sqftAxis Residences 8, Dubai Silicon Oasis · 3rd floor · completed 2010

305, Axis Residences 8

Sold prices and rental history: sold 3 times, last in October 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 555K25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Axis Residences 8

What is 305 worth today?

Last sold for AED 555,000 in 2024

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25 Oct 2024SoldReady
AED 555,000AED 722 per sqft
9 Aug 2012Sold by developerReady
AED 384,000AED 499 per sqft
9 Aug 2012SoldReady
AED 384,000AED 499 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
1-bed apartment
Size
768 sqft
Floor
3rd of 8
Parking
33
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 9,900 /yr
Last sold
AED 555K · October 2024

About 305, Axis Residences 8

305 is a one-bedroom apartment of 768 sqft on the 3rd 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 25 October 2024 for AED 555,000, or AED 722 per sqft, 20% above the AED 604 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 305 over time

Sales
Unit 305, each saleTypical one-bed in Axis Residences 8
400K600K20112015201920232027Typical 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, August 2012: AED 384,000 (AED 499 per sqft)Sold, August 2012: AED 384,000 (AED 499 per sqft)Sold, October 2024: AED 555,000 (AED 722 per sqft)

305 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 305, 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 55,000

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 305 sits

All 111 1-beds →

305 last sold in October 2024 at AED 722 per sqft, 20% above what one-beds in Axis Residences 8 were fetching at the time (AED 604). 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.

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 3rd floor

All 111 units in Axis Residences 8
Value
3011-bedAED 630K · Jan 2015
3021-bedAED 358K · Nov 2022
3031-bedAED 470K · Mar 2024
3041-bedAED 450K · Aug 2022
3061-bedAED 650K · Jan 2014
3071-bedAED 650K · Jan 2014
3081-bedAED 700K · Aug 2015
1–7 of 13

305, Axis Residences 8 in numbers

  • Sold 3 times: first on 9 August 2012 for AED 384,000, last on 25 October 2024 for AED 555,000 (AED 722 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 25 October 2024.

Questions about 305, Axis Residences 8

What did unit 305 last sell for?

AED 555,000 on 25 October 2024: AED 722 per sqft for 768 sqft. The unit has 3 registered sales; the first was AED 384,000 in August 2012.

How big is unit 305?

768 sqft (71.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 305 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 305, Axis Residences 8

Starts from the last sale price (AED 555K, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

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