406, Axis Residences 8
Sold prices and rental history: sold twice, last in October 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Axis Residences 8
What is 406 worth today?
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Source: Dubai Land Department. Updated 6 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 831 sqft
- Floor
- 4th of 8
- Parking
- 48
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,700 /yr
- Last sold
- AED 373K · October 2021
- Building
- Axis Residences 8
About 406, Axis Residences 8
406 is a one-bedroom apartment of 831 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 14 October 2021 for AED 373,000, or AED 449 per sqft, in line with the AED 449 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, signed on 6 December 2025, is AED 55,000 a year: a gross yield of 14.8% on the 2021 price, before the service charge of about AED 10,700 a year.
Sales and rents for 406 over time
406 has sold twice; 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 406 sits
All 111 1-beds →406 last sold in October 2021 at AED 449 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 449). 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. 406's AED 55,000 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 | |||||
|---|---|---|---|---|---|
| 402 | 1-bed | 661 sqft | AED 570KAED 569,950 · Nov 2011November 2011 | 39,000 /yr | |
| 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 | |
| 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 |
406, Axis Residences 8 in numbers
- Sold twice: first on 10 February 2014 for AED 418,500, last on 14 October 2021 for AED 373,000 (AED 449 per sqft).
- Rented since April 2014 on 11 Ejari contracts. The rent fell from AED 60,000 to AED 30,000 in 2021 and recovered to AED 55,000 by December 2025.
- At AED 55,000 a year the gross yield on the 2021 price is 14.8%, 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 6 December 2025.
Questions about 406, Axis Residences 8
What did unit 406 last sell for?
AED 373,000 on 14 October 2021: AED 449 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 418,500 in February 2014.
What is the rent for unit 406?
AED 55,000 a year on the contract signed on 6 December 2025. The previous contract, from November 2024, was AED 52,000; the unit has been rented since April 2014.
How big is unit 406?
831 sqft (77.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 406 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 406, Axis Residences 8
Starts from the last sale price (AED 373K, 14 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 373,000
- Deposit, UAE resident (20%)
- AED 74,600
- Deposit, non-resident (40%)
- AED 149,200
- Monthly over 25 years at 3.7%
- AED 1,526
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →