1-bed · 775 sqftAxis Residences 8, Dubai Silicon Oasis · 4th floor · completed 2010

409, Axis Residences 8

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 20 November 2025
Last soldAED 500K13 September 2023
Current rentAED 55K /yr20 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Axis Residences 8

What is 409 worth today?

Last sold for AED 500,000 in 2023

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20 Nov 2025RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
13 Sep 2023SoldReady
AED 500,000AED 645 per sqft
29 Mar 2021SoldReady
AED 330,000AED 425 per sqft
1 Dec 2019RentedRenewal
AED 45,000/yr12 months · AED 58 per sqft
1 Dec 2018RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
10 Jul 2017RentedNew contract
AED 54,000/yr12 months · AED 70 per sqft
1 Sep 2013RentedNew contract
AED 45,000/yr12 months · AED 58 per sqft
26 Apr 2012Sold by developerReady
AED 664,850AED 858 per sqft

Source: Dubai Land Department. Updated 20 November 2025.

Key facts

Type
1-bed apartment
Size
775 sqft
Floor
4th of 8
Parking
51
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 500K · September 2023

About 409, Axis Residences 8

409 is a one-bedroom apartment of 775 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 13 September 2023 for AED 500,000, or AED 645 per sqft, 29% above the AED 501 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 20 November 2025, is AED 55,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Axis Residences 8
400K600K20112015201920232027Typical 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, April 2012: AED 664,850 (AED 858 per sqft)Sold, March 2021: AED 330,000 (AED 425 per sqft)Sold, September 2023: AED 500,000 (AED 645 per sqft)

409 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 409, 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 55,000New contract, September 2013: AED 45,000 a yearNew contract, July 2017: AED 54,000 a yearNew contract, December 2018: AED 54,000 a yearRenewal, December 2019: AED 45,000 a yearNew contract, November 2025: AED 55,000 a year

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 409 sits

All 111 1-beds →

409 last sold in September 2023 at AED 645 per sqft, 29% above what one-beds in Axis Residences 8 were fetching at the time (AED 501). 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. 409's AED 55,000 is in the lower half of that range.

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
4031-bedAED 365K · Sep 2014
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
1–7 of 12

409, Axis Residences 8 in numbers

  • Sold 3 times: first on 26 April 2012 for AED 664,850, last on 13 September 2023 for AED 500,000 (AED 645 per sqft).
  • Rented since September 2013 on 5 Ejari contracts, from AED 45,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 10,000 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 November 2025.

Questions about 409, Axis Residences 8

What did unit 409 last sell for?

AED 500,000 on 13 September 2023: AED 645 per sqft for 775 sqft. The unit has 3 registered sales; the first was AED 664,850 in April 2012.

What is the rent for unit 409?

AED 55,000 a year on the contract signed on 20 November 2025. The previous contract, from December 2019, was AED 45,000; the unit has been rented since September 2013.

How big is unit 409?

775 sqft (72.0 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 409 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 409, Axis Residences 8

Starts from the last sale price (AED 500K, 13 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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