1-bed · 654 sqftAxis Residences 8, Dubai Silicon Oasis · 8th floor · completed 2010

812, Axis Residences 8

Sold prices and rental history: sold twice, last in September 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 812 · DLD and Ejari recordsUpdated 2 November 2021
Last soldAED 455K11 September 2013
Current rentAED 28K /yr2 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 812, Axis Residences 8

What is 812 worth today?

Last sold for AED 455,000 in 2013

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2 Nov 2021RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
5 Oct 2020RentedNew contract
AED 28,000/yr12 months · AED 43 per sqft
18 Nov 2019RentedNew contract
AED 32,000/yr12 months · AED 49 per sqft
26 Aug 2017RentedNew contract
AED 47,000/yr12 months · AED 72 per sqft
15 Jun 2014RentedRenewal
AED 48,000/yr24 months · AED 73 per sqft
11 Sep 2013SoldReady
AED 455,000AED 695 per sqft
15 Jun 2013RentedNew contract
AED 40,000/yr12 months · AED 61 per sqft
16 May 2012Sold by developerReady
AED 569,950AED 871 per sqft

Source: Dubai Land Department. Updated 2 November 2021.

Key facts

Type
1-bed apartment
Size
654 sqft
Floor
8th of 8
Parking
122
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 8,400 /yr
Last sold
AED 455K · September 2013

About 812, Axis Residences 8

812 is a one-bedroom apartment of 654 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 11 September 2013 for AED 455,000, or AED 695 per sqft, 16% below the AED 830 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 2 November 2021, is AED 28,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 8,400 a year.

Sales and rents for 812 over time

Sales
Unit 812, 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, May 2012: AED 569,950 (AED 871 per sqft)Sold, September 2013: AED 455,000 (AED 695 per sqft)

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

Rents
Unit 812, 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, June 2013: AED 40,000 a yearRenewal, June 2014: AED 48,000 a yearNew contract, August 2017: AED 47,000 a yearNew contract, November 2019: AED 32,000 a yearNew contract, October 2020: AED 28,000 a yearNew contract, November 2021: AED 28,000 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 812 sits

All 111 1-beds →

812 last sold in September 2013 at AED 695 per sqft, 16% below what one-beds in Axis Residences 8 were fetching at the time (AED 830). 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. 812's AED 28,000 is at the bottom 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

812, Axis Residences 8 in numbers

  • Sold twice: first on 16 May 2012 for AED 569,950, last on 11 September 2013 for AED 455,000 (AED 695 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 40,000 to AED 28,000 a year.
  • At AED 28,000 a year the gross yield on the 2013 price is 6.2%, 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 2 November 2021.

Questions about 812, Axis Residences 8

What did unit 812 last sell for?

AED 455,000 on 11 September 2013: AED 695 per sqft for 654 sqft. The unit has 2 registered sales; the first was AED 569,950 in May 2012.

What is the rent for unit 812?

AED 28,000 a year on the contract signed on 2 November 2021. The previous contract, from October 2020, was AED 28,000; the unit has been rented since June 2013.

How big is unit 812?

654 sqft (60.8 sqm): a one-bedroom apartment on the 8th floor of a 8-storey tower completed in 2010.

What is unit 812 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 812, Axis Residences 8

Starts from the last sale price (AED 455K, 11 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 455,000
Deposit, UAE resident (20%)
AED 91,000
Deposit, non-resident (40%)
AED 182,000
Monthly over 25 years at 3.7%
AED 1,862

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