501, Axis Residences 8
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Axis Residences 8
What is 501 worth today?
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Source: Dubai Land Department. Updated 10 May 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 5th of 8
- Parking
- 57
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,500 /yr
- Last sold
- AED 1.39M · April 2014
- Building
- Axis Residences 8
About 501, Axis Residences 8
501 is a one-bedroom apartment of 817 sqft on the 5th 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 13 April 2014 for AED 1,391,100, or AED 1,702 per sqft, 175% above the AED 618 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 10 May 2026, is AED 57,750 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 10,500 a year.
Sales and rents for 501 over time
501 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 501 sits
All 111 1-beds →501 last sold in April 2014 at AED 1,702 per sqft, 175% above what one-beds in Axis Residences 8 were fetching at the time (AED 618). 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. 501's AED 57,750 is in the upper 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 5th floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 661 sqft | AED 610KAED 610,000 · Feb 2017February 2017 | 50,000 /yr | |
| 503 | 1-bed | 920 sqft | AED 250KAED 250,000 · Jul 2013July 2013 | 50,000 /yr | |
| 504 | 1-bed | 917 sqft | AED 670KAED 670,000 · Nov 2015November 2015 | 35,000 /yr | |
| 505 | 1-bed | 768 sqft | AED 325KAED 325,000 · Feb 2022February 2022 | 31,000 /yr | |
| 506 | 1-bed | 831 sqft | AED 500KAED 500,000 · Sep 2024September 2024 | 57,000 /yr | |
| 507 | 1-bed | 864 sqft | AED 432KAED 432,000 · Jan 2016January 2016 | 53,000 /yr | |
| 508 | 1-bed | 842 sqft | AED 520KAED 520,000 · Aug 2024August 2024 | 34,000 /yr | |
| 509 | 1-bed | 775 sqft | AED 641KAED 640,625 · Feb 2013February 2013 | 40,000 /yr | |
| 510 | 1-bed | 924 sqft | AED 450KAED 450,000 · Jun 2021June 2021 | 19,982 /yr | |
| 511 | 1-bed | 931 sqft | AED 803KAED 802,550 · Nov 2011November 2011 | 49,000 /yr | |
| 512 | 1-bed | 654 sqft | AED 1.13MAED 1,125,900 · Jan 2020January 2020 | 49,500 /yr | |
| 513 | 1-bed | 821 sqft | AED 620KAED 620,000 · Dec 2015December 2015 | 51,000 /yr | |
| 514 | 1-bed | 890 sqft | AED 620KAED 620,000 · Jun 2025June 2025 | 32,000 /yr |
501, Axis Residences 8 in numbers
- Sold once: by Gulf General Investments Co on 13 April 2014 for AED 1,391,100, or AED 1,702 per sqft.
- Rented since October 2013 on 12 Ejari contracts. The rent fell from AED 45,000 to AED 33,000 in 2021 and recovered to AED 57,750 by May 2026.
- At AED 57,750 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 10,500 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 10 May 2026.
Questions about 501, Axis Residences 8
What did unit 501 last sell for?
AED 1,391,100 on 13 April 2014, sold by the developer: AED 1,702 per sqft for 817 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 57,750 a year on the contract renewed on 10 May 2026. The previous contract, from May 2025, was AED 55,000; the unit has been rented since October 2013.
How big is unit 501?
817 sqft (75.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2010.
What is unit 501 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 501, Axis Residences 8
Starts from the last sale price (AED 1.39M, 13 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,391,100
- Deposit, UAE resident (20%)
- AED 278,220
- Deposit, non-resident (40%)
- AED 556,440
- Monthly over 25 years at 3.7%
- AED 5,691
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →