407, Axis Residences 8
Sold prices and rental history: sold once, by the developer in July 2014, 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 407, Axis Residences 8
What is 407 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 20 March 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 864 sqft
- Floor
- 4th of 8
- Parking
- 49
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,100 /yr
- Last sold
- AED 432K · July 2014
- Building
- Axis Residences 8
About 407, Axis Residences 8
407 is a one-bedroom apartment of 864 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 6 July 2014 for AED 432,010, or AED 500 per sqft, 33% below the AED 747 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 13 Ejari contracts. The current contract, renewed on 20 March 2026, is AED 44,550 a year: a gross yield of 10.3% on the 2014 price, before the service charge of about AED 11,100 a year.
Sales and rents for 407 over time
407 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 407 sits
All 111 1-beds →407 last sold in July 2014 at AED 500 per sqft, 33% below what one-beds in Axis Residences 8 were fetching at the time (AED 747). 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. 407's AED 44,550 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 | |
| 406 | 1-bed | 831 sqft | AED 373KAED 373,000 · Oct 2021October 2021 | 55,000 /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 |
407, Axis Residences 8 in numbers
- Sold once: by Gulf General Investments Co on 6 July 2014 for AED 432,010, or AED 500 per sqft.
- Rented since September 2014 on 13 Ejari contracts. The rent fell from AED 61,000 to AED 34,000 in 2022 and recovered to AED 44,550 by March 2026.
- At AED 44,550 a year the gross yield on the 2014 price is 10.3%, before a service charge of about AED 11,100 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 20 March 2026.
Questions about 407, Axis Residences 8
What did unit 407 last sell for?
AED 432,010 on 6 July 2014, sold by the developer: AED 500 per sqft for 864 sqft. It is the only registered sale of the unit.
What is the rent for unit 407?
AED 44,550 a year on the contract renewed on 20 March 2026. The previous contract, from March 2025, was AED 42,500; the unit has been rented since September 2014.
How big is unit 407?
864 sqft (80.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 407 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.
Selling 407? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 407, Axis Residences 8
Starts from the last sale price (AED 432K, 6 July 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 432,010
- Deposit, UAE resident (20%)
- AED 86,402
- Deposit, non-resident (40%)
- AED 172,804
- Monthly over 25 years at 3.7%
- AED 1,767
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →