1-bed · 920 sqftAxis Residences 8, Dubai Silicon Oasis · 7th floor · completed 2010

703, Axis Residences 8

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 703 · DLD and Ejari recordsUpdated 1 October 2025
Last soldAED 595K4 September 2025
Current rentAED 56K /yr1 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Axis Residences 8

What is 703 worth today?

Last sold for AED 594,681 in 2025

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1 Oct 2025RentedNew contract
AED 56,000/yr12 months · AED 61 per sqft
4 Sep 2025SoldReady
AED 594,681AED 646 per sqft
1 Aug 2021RentedNew contract
AED 32,000/yr12 months · AED 35 per sqft
20 May 2019RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
1 Jun 2017RentedNew contract
AED 56,000/yr12 months · AED 61 per sqft
5 Mar 2016RentedRenewal
AED 55,650/yr12 months · AED 61 per sqft
5 Mar 2015RentedNew contract
AED 53,000/yr12 months · AED 58 per sqft
29 May 2014Sold by developerReady
AED 697,872AED 758 per sqft

Source: Dubai Land Department. Updated 1 October 2025.

Key facts

Type
1-bed apartment
Size
920 sqft
Floor
7th of 8
Parking
99
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,900 /yr
Last sold
AED 595K · September 2025

About 703, Axis Residences 8

703 is a one-bedroom apartment of 920 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 4 September 2025 for AED 594,681, or AED 646 per sqft, 5% below the AED 683 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 October 2025, is AED 56,000 a year: a gross yield of 9.4% on the 2025 price, before the service charge of about AED 11,900 a year.

Sales and rents for 703 over time

Sales
Unit 703, 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 697,872 (AED 758 per sqft)Sold, September 2025: AED 594,681 (AED 646 per sqft)

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

Rents
Unit 703, 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, March 2013: AED 43,000 a yearNew contract, March 2014: AED 47,300 a yearNew contract, March 2015: AED 53,000 a yearRenewal, March 2016: AED 55,650 a yearNew contract, June 2017: AED 56,000 a yearNew contract, May 2019: AED 45,000 a yearNew contract, August 2021: AED 32,000 a yearNew contract, October 2025: AED 56,000 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 703 sits

All 111 1-beds →

703 last sold in September 2025 at AED 646 per sqft, 5% below what one-beds in Axis Residences 8 were fetching at the time (AED 683). 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. 703's AED 56,000 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 7th floor

All 111 units in Axis Residences 8
Value
7011-bedAED 430K · Oct 2023
7021-bedAED 330K · Jun 2023
7041-bedAED 598K · Sep 2025
7051-bedAED 582K · Sep 2025
7061-bedAED 559K · Sep 2025
7071-bedAED 600K · Sep 2025
7081-bedAED 586K · Sep 2025
1–7 of 13

703, Axis Residences 8 in numbers

  • Sold twice: first on 29 May 2014 for AED 697,872, last on 4 September 2025 for AED 594,681 (AED 646 per sqft).
  • Rented since March 2013 on 8 Ejari contracts. The rent fell from AED 43,000 to AED 32,000 in 2021 and recovered to AED 56,000 by October 2025.
  • At AED 56,000 a year the gross yield on the 2025 price is 9.4%, before a service charge of about AED 11,900 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 1 October 2025.

Questions about 703, Axis Residences 8

What did unit 703 last sell for?

AED 594,681 on 4 September 2025: AED 646 per sqft for 920 sqft. The unit has 2 registered sales; the first was AED 697,872 in May 2014.

What is the rent for unit 703?

AED 56,000 a year on the contract signed on 1 October 2025. The previous contract, from August 2021, was AED 32,000; the unit has been rented since March 2013.

How big is unit 703?

920 sqft (85.5 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 703 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 703, Axis Residences 8

Starts from the last sale price (AED 595K, 4 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 594,681
Deposit, UAE resident (20%)
AED 118,936
Deposit, non-resident (40%)
AED 237,872
Monthly over 25 years at 3.7%
AED 2,433

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