408, Axis Residences 8
Sold prices and rental history: sold 3 times, last in February 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Axis Residences 8
What is 408 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 25 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 842 sqft
- Floor
- 4th of 8
- Parking
- 50
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,900 /yr
- Last sold
- AED 560K · February 2025
- Building
- Axis Residences 8
About 408, Axis Residences 8
408 is a one-bedroom apartment of 842 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 11 February 2025 for AED 560,000, or AED 665 per sqft, 8% above the AED 617 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 25 February 2025, is AED 55,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 10,900 a year.
Sales and rents for 408 over time
408 has sold 3 times; 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 408 sits
All 111 1-beds →408 last sold in February 2025 at AED 665 per sqft, 8% above what one-beds in Axis Residences 8 were fetching at the time (AED 617). 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. 408'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 | |
| 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 | |
| 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 |
408, Axis Residences 8 in numbers
- Sold 3 times: first on 26 April 2012 for AED 714,900, last on 11 February 2025 for AED 560,000 (AED 665 per sqft).
- Rented since December 2018 on 5 Ejari contracts. The rent fell from AED 54,000 to AED 32,000 in 2021 and recovered to AED 55,000 by February 2025.
- At AED 55,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 10,900 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 25 February 2025.
Questions about 408, Axis Residences 8
What did unit 408 last sell for?
AED 560,000 on 11 February 2025: AED 665 per sqft for 842 sqft. The unit has 3 registered sales; the first was AED 714,900 in April 2012.
What is the rent for unit 408?
AED 55,000 a year on the contract signed on 25 February 2025. The previous contract, from February 2025, was AED 55,000; the unit has been rented since December 2018.
How big is unit 408?
842 sqft (78.2 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 408 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 408? 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 408, Axis Residences 8
Starts from the last sale price (AED 560K, 11 February 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 560,000
- Deposit, UAE resident (20%)
- AED 112,000
- Deposit, non-resident (40%)
- AED 224,000
- Monthly over 25 years at 3.7%
- AED 2,291
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →