1-bed · 654 sqftAxis Residences 8, Dubai Silicon Oasis · 3rd floor · completed 2010

312, Axis Residences 8

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 1 November 2026
Last soldAED 480K9 September 2024
Current rentAED 65K /yr1 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, Axis Residences 8

What is 312 worth today?

Last sold for AED 480,000 in 2024

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1 Nov 2026RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
28 Feb 2026RentedNew contract
AED 65,000/yr12 months · AED 99 per sqft
28 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
28 Feb 2025RentedNew contract
AED 65,000/yr12 months · AED 101 per sqft
9 Sep 2024SoldReady
AED 480,000AED 734 per sqft
13 Sep 2023RentedNew contract
AED 35,000/yr12 months · AED 53 per sqft
12 Oct 2018RentedNew contract
AED 43,000/yr12 months · AED 65 per sqft
12 Sep 2017SoldReady
AED 550,000AED 841 per sqft

Source: Dubai Land Department. Updated 1 November 2026.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
3rd of 8
Parking
40
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 8,400 /yr
Last sold
AED 480K · September 2024

About 312, Axis Residences 8

312 is a one-bedroom apartment of 654 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 9 September 2024 for AED 480,000, or AED 734 per sqft, 40% above the AED 525 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 1 November 2026, is AED 65,000 a year: a gross yield of 13.5% on the 2024 price, before the service charge of about AED 8,400 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, June 2015: AED 557,605 (AED 852 per sqft)Sold, May 2016: AED 545,000 (AED 833 per sqft)Sold, September 2017: AED 550,000 (AED 841 per sqft)Sold, September 2024: AED 480,000 (AED 734 per sqft)

312 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 312, 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, January 2014: AED 34,000 a yearNew contract, July 2016: AED 59,459 a yearNew contract, July 2016: AED 55,000 a yearRenewal, July 2017: AED 55,000 a yearNew contract, October 2018: AED 43,000 a yearNew contract, September 2023: AED 35,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, February 2025: AED 65,000 a yearNew contract, February 2026: AED 65,000 a yearNew contract, November 2026: AED 65,000 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 312 sits

All 111 1-beds →

312 last sold in September 2024 at AED 734 per sqft, 40% above what one-beds in Axis Residences 8 were fetching at the time (AED 525). 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. 312's AED 65,000 is in the upper 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
3061-bedAED 650K · Jan 2014
3071-bedAED 650K · Jan 2014
1–7 of 13

312, Axis Residences 8 in numbers

  • Sold 4 times: first on 15 June 2015 for AED 557,605, last on 9 September 2024 for AED 480,000 (AED 734 per sqft).
  • Rented since January 2014 on 10 Ejari contracts, from AED 34,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 13.5%, 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 1 November 2026.

Questions about 312, Axis Residences 8

What did unit 312 last sell for?

AED 480,000 on 9 September 2024: AED 734 per sqft for 654 sqft. The unit has 4 registered sales; the first was AED 557,605 in June 2015.

What is the rent for unit 312?

AED 65,000 a year on the contract signed on 1 November 2026. The previous contract, from February 2026, was AED 65,000; the unit has been rented since January 2014.

How big is unit 312?

654 sqft (60.8 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 312 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 312, Axis Residences 8

Starts from the last sale price (AED 480K, 9 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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