1-bed · 821 sqftAxis Residences 8, Dubai Silicon Oasis · 3rd floor · completed 2010

313, Axis Residences 8

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 313 · DLD and Ejari recordsUpdated 21 January 2025
Last soldAED 650K21 January 2025
Current rentAED 43K /yr5 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Axis Residences 8

What is 313 worth today?

Last sold for AED 650,000 in 2025

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21 Jan 2025SoldReady
AED 650,000AED 792 per sqft
5 Feb 2024RentedRenewal
AED 42,900/yr12 months · AED 52 per sqft
5 Feb 2023RentedNew contract
AED 39,000/yr12 months · AED 48 per sqft
2 Aug 2017RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
2 Aug 2016RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
2 Aug 2015RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
2 Aug 2014RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
1 Oct 2012Sold by developerReady
AED 436,800AED 532 per sqft

Source: Dubai Land Department. Updated 21 January 2025.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
3rd of 8
Parking
41
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,600 /yr
Last sold
AED 650K · January 2025

About 313, Axis Residences 8

313 is a one-bedroom apartment of 821 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 21 January 2025 for AED 650,000, or AED 792 per sqft, 30% above the AED 611 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 5 February 2024, is AED 42,900 a year: a gross yield of 6.6% on the 2025 price, before the service charge of about AED 10,600 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, October 2012: AED 436,800 (AED 532 per sqft)Sold, January 2025: AED 650,000 (AED 792 per sqft)

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

Rents
Unit 313, 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, August 2014: AED 40,000 a yearNew contract, August 2015: AED 40,000 a yearRenewal, August 2016: AED 40,000 a yearRenewal, August 2017: AED 40,000 a yearNew contract, February 2023: AED 39,000 a yearRenewal, February 2024: AED 42,900 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 313 sits

All 111 1-beds →

313 last sold in January 2025 at AED 792 per sqft, 30% above what one-beds in Axis Residences 8 were fetching at the time (AED 611). 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. 313's AED 42,900 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
3061-bedAED 650K · Jan 2014
3071-bedAED 650K · Jan 2014
1–7 of 13

313, Axis Residences 8 in numbers

  • Sold twice: first on 1 October 2012 for AED 436,800, last on 21 January 2025 for AED 650,000 (AED 792 per sqft).
  • Rented since August 2014 on 6 Ejari contracts, from AED 40,000 to AED 42,900 a year.
  • At AED 42,900 a year the gross yield on the 2025 price is 6.6%, before a service charge of about AED 10,600 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 21 January 2025.

Questions about 313, Axis Residences 8

What did unit 313 last sell for?

AED 650,000 on 21 January 2025: AED 792 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 436,800 in October 2012.

What is the rent for unit 313?

AED 42,900 a year on the contract renewed on 5 February 2024. The previous contract, from February 2023, was AED 39,000; the unit has been rented since August 2014.

How big is unit 313?

821 sqft (76.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.

What is unit 313 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 313, Axis Residences 8

Starts from the last sale price (AED 650K, 21 January 2025). 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 →