1-bed · 917 sqftAxis Residences 8, Dubai Silicon Oasis · 8th floor · completed 2010

804, Axis Residences 8

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 10 May 2024
Last soldAED 500K10 May 2024
Current rentAED 37K /yr30 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Axis Residences 8

What is 804 worth today?

Last sold for AED 500,000 in 2024

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10 May 2024SoldReady
AED 500,000AED 545 per sqft
21 Apr 2021SoldReady
AED 415,000AED 452 per sqft
30 May 2020RentedRenewal
AED 37,000/yr12 months · AED 40 per sqft
30 May 2019RentedNew contract
AED 45,000/yr12 months · AED 49 per sqft
1 Apr 2018RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
1 Apr 2017RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
1 Apr 2014RentedNew contract
AED 44,000/yr12 months · AED 48 per sqft
31 Mar 2013Sold by developerReady
AED 507,920AED 553 per sqft

Source: Dubai Land Department. Updated 10 May 2024.

Key facts

Type
1-bed apartment
Size
917 sqft
Floor
8th of 8
Parking
114
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 11,800 /yr
Last sold
AED 500K · May 2024

About 804, Axis Residences 8

804 is a one-bedroom apartment of 917 sqft on the 8th 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 May 2024 for AED 500,000, or AED 545 per sqft, 7% above the AED 507 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 30 May 2020, is AED 37,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 11,800 a year.

Sales and rents for 804 over time

Sales
Unit 804, 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, March 2013: AED 507,920 (AED 553 per sqft)Sold, April 2021: AED 415,000 (AED 452 per sqft)Sold, May 2024: AED 500,000 (AED 545 per sqft)

804 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 804, 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, April 2014: AED 44,000 a yearNew contract, April 2017: AED 50,000 a yearRenewal, April 2018: AED 50,000 a yearNew contract, May 2019: AED 45,000 a yearRenewal, May 2020: 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 804 sits

All 111 1-beds →

804 last sold in May 2024 at AED 545 per sqft, 7% above what one-beds in Axis Residences 8 were fetching at the time (AED 507). 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. 804'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 8th floor

All 111 units in Axis Residences 8
Value
8011-bedAED 665K · Mar 2026
8021-bedAED 362K · May 2023
8031-bedAED 650K · Feb 2026
8051-bedAED 626K · Feb 2013
8061-bedAED 694K · Apr 2016
8071-bedAED 432K · Feb 2015
8081-bedAED 510K · Oct 2024
1–7 of 13

804, Axis Residences 8 in numbers

  • Sold 3 times: first on 31 March 2013 for AED 507,920, last on 10 May 2024 for AED 500,000 (AED 545 per sqft).
  • Rented since April 2014 on 5 Ejari contracts, from AED 44,000 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 11,800 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 10 May 2024.

Questions about 804, Axis Residences 8

What did unit 804 last sell for?

AED 500,000 on 10 May 2024: AED 545 per sqft for 917 sqft. The unit has 3 registered sales; the first was AED 507,920 in March 2013.

What is the rent for unit 804?

AED 37,000 a year on the contract renewed on 30 May 2020. The previous contract, from May 2019, was AED 45,000; the unit has been rented since April 2014.

How big is unit 804?

917 sqft (85.2 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2010.

What is unit 804 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 804, Axis Residences 8

Starts from the last sale price (AED 500K, 10 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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