612, Axis Residences 8
Sold prices and rental history: sold twice, last in June 2023, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 612, Axis Residences 8
What is 612 worth today?
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Source: Dubai Land Department. Updated 5 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 654 sqft
- Floor
- 6th of 8
- Parking
- 94
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,400 /yr
- Last sold
- AED 328K · June 2023
- Building
- Axis Residences 8
About 612, Axis Residences 8
612 is a one-bedroom apartment of 654 sqft on the 6th 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 5 June 2023 for AED 328,000, or AED 501 per sqft, in line with the AED 515 one-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 November 2021, is AED 28,000 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 8,400 a year.
Sales and rents for 612 over time
612 has sold twice; 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 612 sits
All 111 1-beds →612 last sold in June 2023 at AED 501 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 515). 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. 612's AED 28,000 is at the bottom 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 6th floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 817 sqft | AED 346KAED 346,062 · May 2023May 2023 | 55,000 /yr | |
| 602 | 1-bed | 661 sqft | AED 630KAED 630,000 · May 2026May 2026 | 58,000 /yr | |
| 603 | 1-bed | 920 sqft | AED 450KAED 450,000 · Oct 2023October 2023 | 60,000 /yr | |
| 604 | 1-bed | 917 sqft | AED 700KAED 700,000 · May 2025May 2025 | 70,000 /yr | |
| 605 | 1-bed | 768 sqft | AED 390KAED 390,000 · Oct 2023October 2023 | 66,000 /yr | |
| 606 | 1-bed | 831 sqft | AED 435KAED 435,000 · Oct 2023October 2023 | 66,000 /yr | |
| 607 | 1-bed | 864 sqft | AED 596KAED 596,083 · Sep 2025September 2025 | 55,000 /yr | |
| 608 | 1-bed | 842 sqft | AED 592KAED 592,309 · Sep 2025September 2025 | 67,000 /yr | |
| 609 | 1-bed | 775 sqft | AED 597KAED 597,138 · Sep 2025September 2025 | 54,000 /yr | |
| 610 | 1-bed | 924 sqft | AED 643KAED 643,300 · Sep 2025September 2025 | 68,000 /yr | |
| 611 | 1-bed | 931 sqft | AED 860KAED 860,000 · Jan 2026January 2026 | 33,000 /yr | |
| 613 | 1-bed | 821 sqft | AED 430KAED 430,000 · Oct 2023October 2023 | 65,000 /yr | |
| 614 | 1-bed | 890 sqft | AED 415KAED 415,000 · Oct 2023October 2023 | 53,000 /yr |
612, Axis Residences 8 in numbers
- Sold twice: first on 29 May 2014 for AED 489,552, last on 5 June 2023 for AED 328,000 (AED 501 per sqft).
- Rented since August 2017 on 3 Ejari contracts, from AED 51,000 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2023 price is 8.5%, 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 5 June 2023.
Questions about 612, Axis Residences 8
What did unit 612 last sell for?
AED 328,000 on 5 June 2023: AED 501 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 489,552 in May 2014.
What is the rent for unit 612?
AED 28,000 a year on the contract signed on 1 November 2021. The previous contract, from August 2020, was AED 35,000; the unit has been rented since August 2017.
How big is unit 612?
654 sqft (60.8 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.
What is unit 612 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 612, Axis Residences 8
Starts from the last sale price (AED 328K, 5 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 328,000
- Deposit, UAE resident (20%)
- AED 65,600
- Deposit, non-resident (40%)
- AED 131,200
- Monthly over 25 years at 3.7%
- AED 1,342
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →