411, Axis Residences 8
Sold prices and rental history: sold once, by the developer in October 2012, 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 411, Axis Residences 8
What is 411 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 931 sqft
- Floor
- 4th of 8
- Parking
- 53
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 12,000 /yr
- Last sold
- AED 779K · October 2012
- Building
- Axis Residences 8
About 411, Axis Residences 8
411 is a one-bedroom apartment of 931 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 4 October 2012 for AED 778,750, or AED 836 per sqft, in line with the AED 849 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 40,000 a year: a gross yield of 5.1% on the 2012 price, before the service charge of about AED 12,000 a year.
Sales and rents for 411 over time
411 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 411 sits
All 111 1-beds →411 last sold in October 2012 at AED 836 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 849). 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. 411's AED 40,000 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 | |
| 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 | |
| 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 |
411, Axis Residences 8 in numbers
- Sold once: by Gulf General Investments Co on 4 October 2012 for AED 778,750, or AED 836 per sqft.
- Rented since August 2014 on 11 Ejari contracts. The rent fell from AED 41,000 to AED 28,000 in 2021 and recovered to AED 40,000 by October 2024.
- At AED 40,000 a year the gross yield on the 2012 price is 5.1%, before a service charge of about AED 12,000 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 1 October 2024.
Questions about 411, Axis Residences 8
What did unit 411 last sell for?
AED 778,750 on 4 October 2012, sold by the developer: AED 836 per sqft for 931 sqft. It is the only registered sale of the unit.
What is the rent for unit 411?
AED 40,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 34,000; the unit has been rented since August 2014.
How big is unit 411?
931 sqft (86.5 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.
What is unit 411 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 411, Axis Residences 8
Starts from the last sale price (AED 779K, 4 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 778,750
- Deposit, UAE resident (20%)
- AED 155,750
- Deposit, non-resident (40%)
- AED 311,500
- Monthly over 25 years at 3.7%
- AED 3,186
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →