1-bed · 821 sqftAxis Residences 8, Dubai Silicon Oasis · 7th floor · completed 2010

713, Axis Residences 8

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 713 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 535K6 January 2025
Current rentAED 37K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 713, Axis Residences 8

What is 713 worth today?

Last sold for AED 535,000 in 2025

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6 Jan 2025SoldReady
AED 535,000AED 651 per sqft
1 Nov 2023RentedRenewal
AED 37,000/yr12 months · AED 45 per sqft
1 Nov 2022RentedRenewal
AED 32,500/yr12 months · AED 40 per sqft
1 Nov 2021RentedNew contract
AED 30,000/yr12 months · AED 37 per sqft
1 Oct 2020RentedRenewal
AED 37,000/yr12 months · AED 45 per sqft
1 Oct 2019RentedRenewal
AED 45,000/yr12 months · AED 55 per sqft
1 Oct 2018RentedNew contract
AED 45,000/yr12 months · AED 55 per sqft
1 Jan 2018RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
1-bed apartment
Size
821 sqft
Floor
7th of 8
Parking
109
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,600 /yr
Last sold
AED 535K · January 2025

About 713, Axis Residences 8

713 is a one-bedroom apartment of 821 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 6 January 2025 for AED 535,000, or AED 651 per sqft, 8% above the AED 605 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 37,000 a year: a gross yield of 6.9% on the 2025 price, before the service charge of about AED 10,600 a year.

Sales and rents for 713 over time

Sales
Unit 713, 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, April 2012: AED 711,000 (AED 866 per sqft)Sold, January 2025: AED 535,000 (AED 651 per sqft)

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

Rents
Unit 713, 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, January 2017: AED 55,000 a yearRenewal, January 2018: AED 50,000 a yearNew contract, October 2018: AED 45,000 a yearRenewal, October 2019: AED 45,000 a yearRenewal, October 2020: AED 37,000 a yearNew contract, November 2021: AED 30,000 a yearRenewal, November 2022: AED 32,500 a yearRenewal, November 2023: AED 37,000 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 713 sits

All 111 1-beds →

713 last sold in January 2025 at AED 651 per sqft, 8% above what one-beds in Axis Residences 8 were fetching at the time (AED 605). 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. 713's AED 37,000 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
7031-bedAED 595K · Sep 2025
7041-bedAED 598K · Sep 2025
7051-bedAED 582K · Sep 2025
7061-bedAED 559K · Sep 2025
7071-bedAED 600K · Sep 2025
1–7 of 13

713, Axis Residences 8 in numbers

  • Sold twice: first on 26 April 2012 for AED 711,000, last on 6 January 2025 for AED 535,000 (AED 651 per sqft).
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 55,000 to AED 30,000 in 2021 and recovered to AED 37,000 by November 2023.
  • At AED 37,000 a year the gross yield on the 2025 price is 6.9%, before a service charge of about AED 10,600 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 6 January 2025.

Questions about 713, Axis Residences 8

What did unit 713 last sell for?

AED 535,000 on 6 January 2025: AED 651 per sqft for 821 sqft. The unit has 2 registered sales; the first was AED 711,000 in April 2012.

What is the rent for unit 713?

AED 37,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 32,500; the unit has been rented since January 2017.

How big is unit 713?

821 sqft (76.3 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 713 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 713, Axis Residences 8

Starts from the last sale price (AED 535K, 6 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 535,000
Deposit, UAE resident (20%)
AED 107,000
Deposit, non-resident (40%)
AED 214,000
Monthly over 25 years at 3.7%
AED 2,189

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