1-bed · 920 sqftAxis Residences 8, Dubai Silicon Oasis · 4th floor · completed 2010

403, Axis Residences 8

Sold prices and rental history: sold twice, last in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 403 · DLD and Ejari recordsUpdated 24 September 2014
Last soldAED 365K24 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 403, Axis Residences 8

What is 403 worth today?

Last sold for AED 365,000 in 2014

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24 Sep 2014SoldReady
AED 365,000AED 396 per sqft
16 May 2012Sold by developerReady
AED 791,585AED 860 per sqft

Source: Dubai Land Department. Updated 24 September 2014.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
4th of 8
Parking
45
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,900 /yr
Last sold
AED 365K · September 2014

About 403, Axis Residences 8

403 is a one-bedroom apartment of 920 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. It last sold on 24 September 2014 for AED 365,000, or AED 396 per sqft, 47% below the AED 745 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 403 over time

Sales
Unit 403, each saleTypical one-bed in Axis Residences 8
500K750K20112015201920232027Typical 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 2012: AED 791,585 (AED 860 per sqft)Sold, September 2014: AED 365,000 (AED 396 per sqft)

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

Rents
Unit 403, 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 403 sits

All 111 1-beds →

403 last sold in September 2014 at AED 396 per sqft, 47% below what one-beds in Axis Residences 8 were fetching at the time (AED 745). 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 4th floor

All 111 units in Axis Residences 8
Value
4021-bedAED 570K · Nov 2011
4041-bedAED 670K · Nov 2015
4051-bedAED 525K · Jul 2025
4061-bedAED 373K · Oct 2021
4071-bedAED 432K · Jul 2014
4081-bedAED 560K · Feb 2025
4091-bedAED 500K · Sep 2023
1–7 of 12

403, Axis Residences 8 in numbers

  • Sold twice: first on 16 May 2012 for AED 791,585, last on 24 September 2014 for AED 365,000 (AED 396 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 24 September 2014.

Questions about 403, Axis Residences 8

What did unit 403 last sell for?

AED 365,000 on 24 September 2014: AED 396 per sqft for 920 sqft. The unit has 2 registered sales; the first was AED 791,585 in May 2012.

How big is unit 403?

920 sqft (85.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 403 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 403, Axis Residences 8

Starts from the last sale price (AED 365K, 24 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 365,000
Deposit, UAE resident (20%)
AED 73,000
Deposit, non-resident (40%)
AED 146,000
Monthly over 25 years at 3.7%
AED 1,493

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