1-bed · 890 sqftAxis Residences 8, Dubai Silicon Oasis · 6th floor · completed 2010

614, Axis Residences 8

Sold prices and rental history: sold twice, last in October 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 614 · DLD and Ejari recordsUpdated 9 October 2026
Last soldAED 415K10 October 2023
Current rentAED 53K /yr9 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 614, Axis Residences 8

What is 614 worth today?

Last sold for AED 415,000 in 2023

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9 Oct 2026RentedRenewal
AED 53,000/yr12 months · AED 60 per sqft
9 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 56 per sqft
9 Oct 2024RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
1 Sep 2024RentedNew contract
AED 49,997/yr1 months · AED 56 per sqft
10 Oct 2023SoldReady
AED 415,000AED 466 per sqft
10 Oct 2023RentedNew contract
AED 50,000/yr12 months · AED 56 per sqft
1 Nov 2021RentedRenewal
AED 30,000/yr12 months · AED 34 per sqft
1 Nov 2020RentedNew contract
AED 30,000/yr12 months · AED 34 per sqft

Source: Dubai Land Department. Updated 9 October 2026.

Key facts

Type
1-bed apartment
Size
890 sqft
Floor
6th of 8
Parking
96
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,500 /yr
Last sold
AED 415K · October 2023

About 614, Axis Residences 8

614 is a one-bedroom apartment of 890 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 10 October 2023 for AED 415,000, or AED 466 per sqft, 7% below the AED 501 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, renewed on 9 October 2026, is AED 53,000 a year: a gross yield of 12.8% on the 2023 price, before the service charge of about AED 11,500 a year.

Sales and rents for 614 over time

Sales
Unit 614, 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 2014: AED 655,464 (AED 736 per sqft)Sold, October 2023: AED 415,000 (AED 466 per sqft)

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

Rents
Unit 614, 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, October 2012: AED 38,000 a yearNew contract, October 2013: AED 42,000 a yearNew contract, October 2014: AED 46,200 a yearNew contract, October 2015: AED 46,200 a yearRenewal, October 2016: AED 50,820 a yearRenewal, October 2017: AED 53,361 a yearRenewal, October 2018: AED 50,000 a yearRenewal, October 2019: AED 45,000 a yearNew contract, November 2020: AED 30,000 a yearRenewal, November 2021: AED 30,000 a yearNew contract, October 2023: AED 50,000 a yearNew contract, September 2024: AED 49,997 a yearNew contract, October 2024: AED 50,000 a yearRenewal, October 2025: AED 50,000 a yearRenewal, October 2026: AED 53,000 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 614 sits

All 111 1-beds →

614 last sold in October 2023 at AED 466 per sqft, 7% below what one-beds in Axis Residences 8 were fetching at the time (AED 501). 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. 614's AED 53,000 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 6th floor

All 111 units in Axis Residences 8
Value
6011-bedAED 346K · May 2023
6021-bedAED 630K · May 2026
6031-bedAED 450K · Oct 2023
6041-bedAED 700K · May 2025
6051-bedAED 390K · Oct 2023
6061-bedAED 435K · Oct 2023
6071-bedAED 596K · Sep 2025
1–7 of 13

614, Axis Residences 8 in numbers

  • Sold twice: first on 29 May 2014 for AED 655,464, last on 10 October 2023 for AED 415,000 (AED 466 per sqft).
  • Rented since October 2012 on 15 Ejari contracts. The rent fell from AED 38,000 to AED 30,000 in 2021 and recovered to AED 53,000 by October 2026.
  • At AED 53,000 a year the gross yield on the 2023 price is 12.8%, before a service charge of about AED 11,500 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 9 October 2026.

Questions about 614, Axis Residences 8

What did unit 614 last sell for?

AED 415,000 on 10 October 2023: AED 466 per sqft for 890 sqft. The unit has 2 registered sales; the first was AED 655,464 in May 2014.

What is the rent for unit 614?

AED 53,000 a year on the contract renewed on 9 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since October 2012.

How big is unit 614?

890 sqft (82.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2010.

What is unit 614 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 614, Axis Residences 8

Starts from the last sale price (AED 415K, 10 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 415,000
Deposit, UAE resident (20%)
AED 83,000
Deposit, non-resident (40%)
AED 166,000
Monthly over 25 years at 3.7%
AED 1,698

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