1-bed · 831 sqftAxis Residences 8, Dubai Silicon Oasis · 1st floor · completed 2010

106, Axis Residences 8

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

Unit 106 · DLD and Ejari recordsUpdated 25 December 2021
Last soldAED 660K6 March 2014
Current rentAED 33K /yr25 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Axis Residences 8

What is 106 worth today?

Last sold for AED 660,000 in 2014

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25 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 40 per sqft
3 Jul 2020RentedRenewal
AED 36,000/yr12 months · AED 43 per sqft
3 Jul 2018RentedRenewal
AED 53,000/yr12 months · AED 64 per sqft
3 Jul 2017RentedRenewal
AED 58,000/yr12 months · AED 70 per sqft
3 Jul 2015RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
3 Jul 2014RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
6 Mar 2014SoldReady
AED 660,000AED 794 per sqft
19 Nov 2013SoldReady
AED 493,061AED 593 per sqft

Source: Dubai Land Department. Updated 25 December 2021.

Key facts

Type
1-bed apartment
Size
831 sqft
Floor
1st of 8
Parking
6
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 660K · March 2014

About 106, Axis Residences 8

106 is a one-bedroom apartment of 831 sqft on the 1st 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 March 2014 for AED 660,000, or AED 794 per sqft, 28% above the AED 618 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 25 December 2021, is AED 33,000 a year: a gross yield of 5.0% on the 2014 price, before the service charge of about AED 10,700 a year.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical one-bed in Axis Residences 8
400K600K2011201520192023Typical sale price by year: 2011 AED 562,900; 2012 AED 664,850; 2013 AED 507,920; 2014 AED 588,504; 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 547,500Sold by developer, May 2011: AED 544,050 (AED 655 per sqft)Sold, November 2013: AED 493,061 (AED 593 per sqft)Sold, March 2014: AED 660,000 (AED 794 per sqft)

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

Rents
Unit 106, each contractTypical one-bed in Axis Residences 8
40K60K2012201620202024Typical rent by year: 2012 AED 36,250; 2013 AED 40,000; 2014 AED 50,000; 2015 AED 56,000; 2016 AED 58,000; 2017 AED 54,500; 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 48,000; 2025 AED 51,000; 2026 AED 54,500New contract, July 2014: AED 58,000 a yearNew contract, July 2015: AED 58,000 a yearRenewal, July 2017: AED 58,000 a yearRenewal, July 2018: AED 53,000 a yearRenewal, July 2020: AED 36,000 a yearNew contract, December 2021: AED 33,000 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 106 sits

All 94 1-beds →

106 last sold in March 2014 at AED 794 per sqft, 28% above what one-beds in Axis Residences 8 were fetching at the time (AED 618). Over the last 12 months one-beds sold for AED 650,000 to 860,000, around AED 815 per sqft, and rent for AED 43,000 to 68,000 a year. 106's AED 33,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 2026650,000
3 Jul 2025525,000
17 Jun 2025620,000
29 May 2025700,000
2 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. 2 sold in the last 12 months.

Typical price per sqft
AED 815
Typical sale
AED 755K
Typical rent
AED 55K /yr
Typical yield
8.6%
Axis Residences 8, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 111 units in Axis Residences 8
Value
1011-bedAED 600K · Nov 2016
1021-bedAED 510K · May 2025
1031-bedAED 797K · Feb 2012
1041-bedAED 865K · May 2015
1051-bedAED 616K · Jan 2014
1071-bedAED 631K · Nov 2015
1081-bedAED 335K · Mar 2022
1–7 of 13

106, Axis Residences 8 in numbers

  • Sold 3 times: first on 29 May 2011 for AED 544,050, last on 6 March 2014 for AED 660,000 (AED 794 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 58,000 to AED 33,000 a year.
  • At AED 33,000 a year the gross yield on the 2014 price is 5.0%, before a service charge of about AED 10,700 a year (AED 12.89 per sqft).
  • One-beds in Axis Residences 8 sold for AED 650,000–860,000 in the 12 months to November 2026; the building's median across all types is AED 815 per sqft.

Source: Dubai Land Department. Updated 25 December 2021.

Questions about 106, Axis Residences 8

What did unit 106 last sell for?

AED 660,000 on 6 March 2014: AED 794 per sqft for 831 sqft. The unit has 3 registered sales; the first was AED 544,050 in May 2011.

What is the rent for unit 106?

AED 33,000 a year on the contract signed on 25 December 2021. The previous contract, from July 2020, was AED 36,000; the unit has been rented since July 2014.

How big is unit 106?

831 sqft (77.2 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2010.

What is unit 106 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 650,000 to 860,000 in the last 12 months, around AED 815 per sqft.

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Mortgage on 106, Axis Residences 8

Starts from the last sale price (AED 660K, 6 March 2014). Switch to today's estimate once you have unlocked it.
Price
AED 660,000
Deposit, UAE resident (20%)
AED 132,000
Deposit, non-resident (40%)
AED 264,000
Monthly over 25 years at 3.7%
AED 2,700

Plus AED 32,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →