712, Axis Residences 8
Sold prices and rental history: sold twice, last in June 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 712, Axis Residences 8
What is 712 worth today?
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Source: Dubai Land Department. Updated 22 June 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 654 sqft
- Floor
- 7th of 8
- Parking
- 108
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 8,400 /yr
- Last sold
- AED 327K · June 2023
- Building
- Axis Residences 8
About 712, Axis Residences 8
712 is a one-bedroom apartment of 654 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 22 June 2023 for AED 326,971, or AED 500 per sqft, in line with the AED 501 one-beds in the building were fetching at the time.
It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 18 November 2021, is AED 28,000 a year: a gross yield of 8.6% on the 2023 price, before the service charge of about AED 8,400 a year.
Sales and rents for 712 over time
712 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 712 sits
All 111 1-beds →712 last sold in June 2023 at AED 500 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. 712'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 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 | |
| 702 | 1-bed | 661 sqft | AED 330KAED 329,889 · Jun 2023June 2023 | 55,000 /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 | |
| 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 |
712, Axis Residences 8 in numbers
- Sold twice: first on 29 May 2014 for AED 489,552, last on 22 June 2023 for AED 326,971 (AED 500 per sqft).
- Rented since December 2014 on 3 Ejari contracts, from AED 46,200 to AED 28,000 a year.
- At AED 28,000 a year the gross yield on the 2023 price is 8.6%, 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 22 June 2023.
Questions about 712, Axis Residences 8
What did unit 712 last sell for?
AED 326,971 on 22 June 2023: AED 500 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 712?
AED 28,000 a year on the contract signed on 18 November 2021. The previous contract, from March 2021, was AED 30,000; the unit has been rented since December 2014.
How big is unit 712?
654 sqft (60.8 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.
What is unit 712 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 712, Axis Residences 8
Starts from the last sale price (AED 327K, 22 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 326,971
- Deposit, UAE resident (20%)
- AED 65,394
- Deposit, non-resident (40%)
- AED 130,788
- Monthly over 25 years at 3.7%
- AED 1,338
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →