1-bed · 654 sqftAxis Residences 8, Dubai Silicon Oasis · 4th floor · completed 2010

412, Axis Residences 8

Sold prices and rental history: sold twice, last in February 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 25 May 2025
Last soldAED 460K15 February 2018
Current rentAED 52K /yr25 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, Axis Residences 8

What is 412 worth today?

Last sold for AED 460,000 in 2018

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25 May 2025RentedNew contract
AED 52,000/yr12 months · AED 80 per sqft
25 May 2025RentedNew contract
AED 52,000/yr12 months · AED 80 per sqft
10 May 2021RentedRenewal
AED 28,500/yr12 months · AED 44 per sqft
10 May 2020RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
1 Mar 2019RentedNew contract
AED 42,000/yr12 months · AED 64 per sqft
1 Mar 2018RentedNew contract
AED 45,000/yr12 months · AED 69 per sqft
15 Feb 2018SoldReady
AED 460,000AED 703 per sqft
10 Feb 2016RentedNew contract
AED 56,000/yr12 months · AED 85 per sqft

Source: Dubai Land Department. Updated 25 May 2025.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
4th of 8
Parking
54
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 8,400 /yr
Last sold
AED 460K · February 2018

About 412, Axis Residences 8

412 is a one-bedroom apartment of 654 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 15 February 2018 for AED 460,000, or AED 703 per sqft, in line with the AED 703 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 25 May 2025, is AED 52,000 a year: a gross yield of 11.3% on the 2018 price, before the service charge of about AED 8,400 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, May 2012: AED 528,800 (AED 808 per sqft)Sold, February 2018: AED 460,000 (AED 703 per sqft)

412 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 412, 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, February 2014: AED 52,000 a yearNew contract, February 2015: AED 54,000 a yearNew contract, February 2016: AED 56,000 a yearNew contract, March 2018: AED 45,000 a yearNew contract, March 2019: AED 42,000 a yearNew contract, May 2020: AED 32,000 a yearRenewal, May 2021: AED 28,500 a yearNew contract, May 2025: AED 52,000 a yearNew contract, May 2025: AED 52,000 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 412 sits

All 111 1-beds →

412 last sold in February 2018 at AED 703 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 703). 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. 412's AED 52,000 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

412, Axis Residences 8 in numbers

  • Sold twice: first on 16 May 2012 for AED 528,800, last on 15 February 2018 for AED 460,000 (AED 703 per sqft).
  • Rented since February 2014 on 9 Ejari contracts. The rent fell from AED 52,000 to AED 28,500 in 2021 and recovered to AED 52,000 by May 2025.
  • At AED 52,000 a year the gross yield on the 2018 price is 11.3%, before a service charge of about AED 8,400 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 May 2025.

Questions about 412, Axis Residences 8

What did unit 412 last sell for?

AED 460,000 on 15 February 2018: AED 703 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 528,800 in May 2012.

What is the rent for unit 412?

AED 52,000 a year on the contract signed on 25 May 2025. The previous contract, from May 2025, was AED 52,000; the unit has been rented since February 2014.

How big is unit 412?

654 sqft (60.8 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 412 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 412, Axis Residences 8

Starts from the last sale price (AED 460K, 15 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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