702, Axis Residences 8
Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 702, Axis Residences 8
What is 702 worth today?
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Source: Dubai Land Department. Updated 27 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 661 sqft
- Floor
- 7th of 8
- Parking
- 98
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,500 /yr
- Last sold
- AED 330K · June 2023
- Building
- Axis Residences 8
About 702, Axis Residences 8
702 is a one-bedroom apartment of 661 sqft on the 7th 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 20 June 2023 for AED 329,889, or AED 499 per sqft, in line with the AED 501 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 27 September 2025, is AED 55,000 a year: a gross yield of 16.7% on the 2023 price, before the service charge of about AED 8,500 a year.
Sales and rents for 702 over time
702 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 702 sits
All 111 1-beds →702 last sold in June 2023 at AED 499 per sqft, in line with 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. 702's AED 55,000 is in the lower 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 7th floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 817 sqft | AED 430KAED 430,000 · Oct 2023October 2023 | 80,000 /yr | |
| 703 | 1-bed | 920 sqft | AED 595KAED 594,681 · Sep 2025September 2025 | 56,000 /yr | |
| 704 | 1-bed | 917 sqft | AED 598KAED 598,165 · Sep 2025September 2025 | 65,000 /yr | |
| 705 | 1-bed | 768 sqft | AED 582KAED 582,469 · Sep 2025September 2025 | 54,000 /yr | |
| 706 | 1-bed | 831 sqft | AED 559KAED 559,373 · Sep 2025September 2025 | 55,000 /yr | |
| 707 | 1-bed | 864 sqft | AED 600KAED 599,811 · Sep 2025September 2025 | 56,000 /yr | |
| 708 | 1-bed | 842 sqft | AED 586KAED 585,884 · Sep 2025September 2025 | 54,000 /yr | |
| 709 | 1-bed | 775 sqft | AED 591KAED 590,815 · Sep 2025September 2025 | 54,000 /yr | |
| 710 | 1-bed | 924 sqft | AED 632KAED 632,151 · Sep 2025September 2025 | 55,000 /yr | |
| 711 | 1-bed | 931 sqft | AED 647KAED 646,738 · Sep 2025September 2025 | 80,000 /yr | |
| 712 | 1-bed | 654 sqft | AED 327KAED 326,971 · Jun 2023June 2023 | 28,000 /yr | |
| 713 | 1-bed | 821 sqft | AED 535KAED 535,000 · Jan 2025January 2025 | 37,000 /yr | |
| 714 | 1-bed | 890 sqft | AED 599KAED 599,475 · Sep 2025September 2025 | 30,000 /yr |
702, Axis Residences 8 in numbers
- Sold twice: first on 29 May 2014 for AED 489,552, last on 20 June 2023 for AED 329,889 (AED 499 per sqft).
- Rented since November 2012 on 5 Ejari contracts. The rent fell from AED 36,000 to AED 28,000 in 2021 and recovered to AED 55,000 by September 2025.
- At AED 55,000 a year the gross yield on the 2023 price is 16.7%, before a service charge of about AED 8,500 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 27 September 2025.
Questions about 702, Axis Residences 8
What did unit 702 last sell for?
AED 329,889 on 20 June 2023: AED 499 per sqft for 661 sqft. The unit has 2 registered sales; the first was AED 489,552 in May 2014.
What is the rent for unit 702?
AED 55,000 a year on the contract signed on 27 September 2025. The previous contract, from July 2022, was AED 29,500; the unit has been rented since November 2012.
How big is unit 702?
661 sqft (61.4 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 702 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 702, Axis Residences 8
Starts from the last sale price (AED 330K, 20 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 329,889
- Deposit, UAE resident (20%)
- AED 65,978
- Deposit, non-resident (40%)
- AED 131,956
- Monthly over 25 years at 3.7%
- AED 1,350
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →