1-bed · 831 sqftAxis Residences 8, Dubai Silicon Oasis · 3rd floor · completed 2010

306, Axis Residences 8

Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 4 January 2026
Last soldAED 650K19 January 2014
Current rentAED 50K /yr4 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Axis Residences 8

What is 306 worth today?

Last sold for AED 650,000 in 2014

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4 Jan 2026RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
4 Jan 2025RentedNew contract
AED 50,000/yr12 months · AED 60 per sqft
27 Dec 2019RentedNew contract
AED 37,000/yr12 months · AED 45 per sqft
18 Nov 2018RentedNew contract
AED 46,000/yr12 months · AED 55 per sqft
10 Oct 2017RentedNew contract
AED 53,500/yr12 months · AED 65 per sqft
15 Jul 2016RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
15 Jul 2015RentedRenewal
AED 55,000/yr12 months · AED 66 per sqft
15 Jul 2014RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 4 January 2026.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
3rd of 8
Parking
34
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 650K · January 2014

About 306, Axis Residences 8

306 is a one-bedroom apartment of 831 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 19 January 2014 for AED 650,000, or AED 782 per sqft, 4% above the AED 752 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 4 January 2026, is AED 50,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 10,700 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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, May 2011: AED 544,050 (AED 655 per sqft)Sold, November 2013: AED 493,061 (AED 593 per sqft)Sold, January 2014: AED 650,000 (AED 782 per sqft)

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

Rents
Unit 306, 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, July 2014: AED 55,000 a yearRenewal, July 2015: AED 55,000 a yearRenewal, July 2016: AED 55,000 a yearNew contract, October 2017: AED 53,500 a yearNew contract, November 2018: AED 46,000 a yearNew contract, December 2019: AED 37,000 a yearNew contract, January 2025: AED 50,000 a yearRenewal, January 2026: AED 50,000 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 306 sits

All 111 1-beds →

306 last sold in January 2014 at AED 782 per sqft, 4% above what one-beds in Axis Residences 8 were fetching at the time (AED 752). 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. 306's AED 50,000 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 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
3051-bedAED 555K · Oct 2024
3071-bedAED 650K · Jan 2014
3081-bedAED 700K · Aug 2015
1–7 of 13

306, Axis Residences 8 in numbers

  • Sold 3 times: first on 29 May 2011 for AED 544,050, last on 19 January 2014 for AED 650,000 (AED 782 per sqft).
  • Rented since July 2014 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 37,000 in 2019 and recovered to AED 50,000 by January 2026.
  • At AED 50,000 a year the gross yield on the 2014 price is 7.7%, 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 4 January 2026.

Questions about 306, Axis Residences 8

What did unit 306 last sell for?

AED 650,000 on 19 January 2014: AED 782 per sqft for 831 sqft. The unit has 3 registered sales; the first was AED 544,050 in May 2011.

What is the rent for unit 306?

AED 50,000 a year on the contract renewed on 4 January 2026. The previous contract, from January 2025, was AED 50,000; the unit has been rented since July 2014.

How big is unit 306?

831 sqft (77.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 306 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 306, Axis Residences 8

Starts from the last sale price (AED 650K, 19 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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