1-bed · 842 sqftAxis Residences 8, Dubai Silicon Oasis · 8th floor · completed 2010

808, Axis Residences 8

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 510K9 October 2024
Current rentAED 50K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Axis Residences 8

What is 808 worth today?

Last sold for AED 510,000 in 2024

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9 Oct 2024SoldReady
AED 510,000AED 605 per sqft
1 Jun 2024RentedRenewal
AED 50,000/yr12 months · AED 60 per sqft
1 Jun 2023RentedRenewal
AED 44,000/yr12 months · AED 52 per sqft
1 Jun 2022RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft
5 Apr 2021RentedNew contract
AED 35,000/yr12 months · AED 42 per sqft
1 Oct 2016RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
1 Oct 2015RentedRenewal
AED 45,000/yr12 months · AED 54 per sqft
1 Oct 2014RentedNew contract
AED 36,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
1-bed apartment
Size
842 sqft
Floor
8th of 8
Parking
118
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,900 /yr
Last sold
AED 510K · October 2024

About 808, Axis Residences 8

808 is a one-bedroom apartment of 842 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 9 October 2024 for AED 510,000, or AED 605 per sqft, 15% above the AED 525 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 50,000 a year: a gross yield of 9.8% on the 2024 price, before the service charge of about AED 10,900 a year.

Sales and rents for 808 over time

Sales
Unit 808, 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, October 2013: AED 418,500 (AED 497 per sqft)Sold, October 2024: AED 510,000 (AED 605 per sqft)

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

Rents
Unit 808, 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, October 2012: AED 33,000 a yearNew contract, October 2013: AED 36,000 a yearNew contract, October 2014: AED 36,000 a yearRenewal, October 2015: AED 45,000 a yearRenewal, October 2016: AED 45,000 a yearNew contract, April 2021: AED 35,000 a yearNew contract, June 2022: AED 36,000 a yearRenewal, June 2023: AED 44,000 a yearRenewal, June 2024: AED 50,000 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 808 sits

All 111 1-beds →

808 last sold in October 2024 at AED 605 per sqft, 15% above what one-beds in Axis Residences 8 were fetching at the time (AED 525). 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. 808's AED 50,000 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
8041-bedAED 500K · May 2024
8051-bedAED 626K · Feb 2013
8061-bedAED 694K · Apr 2016
8071-bedAED 432K · Feb 2015
1–7 of 13

808, Axis Residences 8 in numbers

  • Sold twice: first on 28 October 2013 for AED 418,500, last on 9 October 2024 for AED 510,000 (AED 605 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 33,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 9.8%, before a service charge of about AED 10,900 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 9 October 2024.

Questions about 808, Axis Residences 8

What did unit 808 last sell for?

AED 510,000 on 9 October 2024: AED 605 per sqft for 842 sqft. The unit has 2 registered sales; the first was AED 418,500 in October 2013.

What is the rent for unit 808?

AED 50,000 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 44,000; the unit has been rented since October 2012.

How big is unit 808?

842 sqft (78.2 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2010.

What is unit 808 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 808, Axis Residences 8

Starts from the last sale price (AED 510K, 9 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 510,000
Deposit, UAE resident (20%)
AED 102,000
Deposit, non-resident (40%)
AED 204,000
Monthly over 25 years at 3.7%
AED 2,087

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