402, Axis Residences 8
Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 402, Axis Residences 8
What is 402 worth today?
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Source: Dubai Land Department. Updated 3 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 661 sqft
- Floor
- 4th of 8
- Parking
- 44
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,500 /yr
- Last sold
- AED 570K · November 2011
- Building
- Axis Residences 8
About 402, Axis Residences 8
402 is a one-bedroom apartment of 661 sqft on the 4th floor of Axis Residences 8, a 8-storey tower in Dubai Silicon Oasis completed in 2010 by Gulf General Investments Co. The developer sold it on 22 November 2011 for AED 569,950, or AED 862 per sqft, 32% above the AED 655 one-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 3 March 2026, is AED 39,000 a year: a gross yield of 6.8% on the 2011 price, before the service charge of about AED 8,500 a year.
Sales and rents for 402 over time
402 has sold once; 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 402 sits
All 111 1-beds →402 last sold in November 2011 at AED 862 per sqft, 32% above what one-beds in Axis Residences 8 were fetching at the time (AED 655). 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. 402's AED 39,000 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 4th floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 403 | 1-bed | 920 sqft | AED 365KAED 365,000 · Sep 2014September 2014 | ||
| 404 | 1-bed | 917 sqft | AED 670KAED 670,000 · Nov 2015November 2015 | 42,000 /yr | |
| 405 | 1-bed | 768 sqft | AED 525KAED 525,000 · Jul 2025July 2025 | 53,000 /yr | |
| 406 | 1-bed | 831 sqft | AED 373KAED 373,000 · Oct 2021October 2021 | 55,000 /yr | |
| 407 | 1-bed | 864 sqft | AED 432KAED 432,010 · Jul 2014July 2014 | 44,550 /yr | |
| 408 | 1-bed | 842 sqft | AED 560KAED 560,000 · Feb 2025February 2025 | 55,000 /yr | |
| 409 | 1-bed | 775 sqft | AED 500KAED 500,000 · Sep 2023September 2023 | 55,000 /yr | |
| 410 | 1-bed | 924 sqft | AED 820KAED 820,200 · Sep 2013September 2013 | 34,000 /yr | |
| 411 | 1-bed | 931 sqft | AED 779KAED 778,750 · Oct 2012October 2012 | 40,000 /yr | |
| 412 | 1-bed | 654 sqft | AED 460KAED 460,000 · Feb 2018February 2018 | 52,000 /yr | |
| 413 | 1-bed | 821 sqft | AED 600KAED 600,000 · Nov 2015November 2015 | 48,000 /yr | |
| 414 | 1-bed | 890 sqft | AED 235KAED 235,000 · Jun 2013June 2013 | 50,000 /yr |
402, Axis Residences 8 in numbers
- Sold once: by Gulf General Investments Co on 22 November 2011 for AED 569,950, or AED 862 per sqft.
- Rented since March 2022 on 6 Ejari contracts, from AED 30,000 to AED 39,000 a year.
- At AED 39,000 a year the gross yield on the 2011 price is 6.8%, before a service charge of about AED 8,500 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 3 March 2026.
Questions about 402, Axis Residences 8
What did unit 402 last sell for?
AED 569,950 on 22 November 2011, sold by the developer: AED 862 per sqft for 661 sqft. It is the only registered sale of the unit.
What is the rent for unit 402?
AED 39,000 a year on the contract renewed on 3 March 2026. The previous contract, from March 2025, was AED 43,000; the unit has been rented since March 2022.
How big is unit 402?
661 sqft (61.4 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 402 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 402, Axis Residences 8
Starts from the last sale price (AED 570K, 22 November 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 569,950
- Deposit, UAE resident (20%)
- AED 113,990
- Deposit, non-resident (40%)
- AED 227,980
- Monthly over 25 years at 3.7%
- AED 2,332
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →