1-bed · 775 sqftAxis Residences 8, Dubai Silicon Oasis · 8th floor · completed 2010

809, Axis Residences 8

Sold prices and rental history: sold once, by the developer in January 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 809 · DLD and Ejari recordsUpdated 10 January 2019
Last soldAED 1.22M10 January 2016
Current rentAED 48K /yr10 January 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Axis Residences 8

What is 809 worth today?

Last sold for AED 1,222,776 in 2016

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10 Jan 2019RentedNew contract
AED 48,000/yr12 months · AED 62 per sqft
1 Sep 2017RentedNew contract
AED 55,000/yr12 months · AED 71 per sqft
10 Jan 2016Sold by developerReady
AED 1,222,776AED 1,578 per sqft
25 Apr 2013RentedNew contract
AED 43,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 10 January 2019.

Key facts

Type
1-bed apartment
Size
775 sqft
Floor
8th of 8
Parking
119
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,000 /yr
Last sold
AED 1.22M · January 2016

About 809, Axis Residences 8

809 is a one-bedroom apartment of 775 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. The developer sold it on 10 January 2016 for AED 1,222,776, or AED 1,578 per sqft, 107% above the AED 763 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 10 January 2019, is AED 48,000 a year: a gross yield of 3.9% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical one-bed in Axis Residences 8
500K1M20112015201920232027Typical 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, January 2016: AED 1,222,776 (AED 1,578 per sqft)

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

Rents
Unit 809, 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 2013: AED 43,000 a yearNew contract, September 2017: AED 55,000 a yearNew contract, January 2019: AED 48,000 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 809 sits

All 111 1-beds →

809 last sold in January 2016 at AED 1,578 per sqft, 107% above what one-beds in Axis Residences 8 were fetching at the time (AED 763). 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. 809's AED 48,000 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

809, Axis Residences 8 in numbers

  • Sold once: by Gulf General Investments Co on 10 January 2016 for AED 1,222,776, or AED 1,578 per sqft.
  • Rented since April 2013 on 3 Ejari contracts, from AED 43,000 to AED 48,000 a year.
  • At AED 48,000 a year the gross yield on the 2016 price is 3.9%, before a service charge of about AED 10,000 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 January 2019.

Questions about 809, Axis Residences 8

What did unit 809 last sell for?

AED 1,222,776 on 10 January 2016, sold by the developer: AED 1,578 per sqft for 775 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 48,000 a year on the contract signed on 10 January 2019. The previous contract, from September 2017, was AED 55,000; the unit has been rented since April 2013.

How big is unit 809?

775 sqft (72.0 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2010.

What is unit 809 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 809, Axis Residences 8

Starts from the last sale price (AED 1.22M, 10 January 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,222,776
Deposit, UAE resident (20%)
AED 244,555
Deposit, non-resident (40%)
AED 489,110
Monthly over 25 years at 3.7%
AED 5,003

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