1-bed · 821 sqftAxis Residences 8, Dubai Silicon Oasis · 4th floor · completed 2010

413, Axis Residences 8

Sold prices and rental history: sold twice, last in November 2015, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 413 · DLD and Ejari recordsUpdated 21 July 2018
Last soldAED 600K9 November 2015
Current rentAED 48K /yr21 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 413, Axis Residences 8

What is 413 worth today?

Last sold for AED 600,000 in 2015

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21 Jul 2018RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
15 Feb 2016RentedNew contract
AED 53,360/yr12 months · AED 65 per sqft
9 Nov 2015SoldReady
AED 600,000AED 731 per sqft
21 Jun 2015Sold by developerReady
AED 508,797AED 619 per sqft
15 Feb 2015RentedNew contract
AED 50,820/yr12 months · AED 62 per sqft
15 Feb 2013RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 21 July 2018.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
4th of 8
Parking
55
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,600 /yr
Last sold
AED 600K · November 2015

About 413, Axis Residences 8

413 is a one-bedroom apartment of 821 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 9 November 2015 for AED 600,000, or AED 731 per sqft, 5% below the AED 772 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 21 July 2018, is AED 48,000 a year: a gross yield of 8.0% on the 2015 price, before the service charge of about AED 10,600 a year.

Sales and rents for 413 over time

Sales
Unit 413, 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, June 2015: AED 508,797 (AED 619 per sqft)Sold, November 2015: AED 600,000 (AED 731 per sqft)

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

Rents
Unit 413, 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 2013: AED 42,000 a yearNew contract, February 2015: AED 50,820 a yearNew contract, February 2016: AED 53,360 a yearNew contract, July 2018: AED 48,000 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 413 sits

All 111 1-beds →

413 last sold in November 2015 at AED 731 per sqft, 5% below what one-beds in Axis Residences 8 were fetching at the time (AED 772). 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. 413's AED 48,000 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

413, Axis Residences 8 in numbers

  • Sold twice: first on 21 June 2015 for AED 508,797, last on 9 November 2015 for AED 600,000 (AED 731 per sqft).
  • Rented since February 2013 on 4 Ejari contracts, from AED 42,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2015 price is 8.0%, before a service charge of about AED 10,600 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 21 July 2018.

Questions about 413, Axis Residences 8

What did unit 413 last sell for?

AED 600,000 on 9 November 2015: AED 731 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 508,797 in June 2015.

What is the rent for unit 413?

AED 48,000 a year on the contract signed on 21 July 2018. The previous contract, from February 2016, was AED 53,360; the unit has been rented since February 2013.

How big is unit 413?

821 sqft (76.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2010.

What is unit 413 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 413, Axis Residences 8

Starts from the last sale price (AED 600K, 9 November 2015). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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