
303, Axis Residences 8
Sold prices and rental history: sold twice, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 303, Axis Residences 8
What is 303 worth today?
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Source: Dubai Land Department. Updated 12 March 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 920 sqft
- Floor
- 3rd of 8
- Parking
- 31
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,900 /yr
- Last sold
- AED 470K · March 2024
- Building
- Axis Residences 8
About 303, Axis Residences 8
303 is a one-bedroom apartment of 920 sqft on the 3rd 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 12 March 2024 for AED 470,000, or AED 510 per sqft, in line with the AED 503 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 25 March 2022, is AED 33,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 11,900 a year.
Sales and rents for 303 over time
303 has sold twice; the dashed line is the one-bed median of each year in the building.
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 303 sits
All 94 1-beds →303 last sold in March 2024 at AED 510 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 503). 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. 303's AED 33,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Feb 202617 February 2026 | 920 sqft | 650,000 | 706 | ||
| 3 Jul 20253 July 2025 | 768 sqft | 525,000 | 683 | ||
| 17 Jun 202517 June 2025 | 890 sqft | 620,000 | 696 | ||
| 29 May 202529 May 2025 | 917 sqft | 700,000 | 763 |
Axis Residences 8
Building111 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%
Other units on the 3rd floor
All 111 units in Axis Residences 8| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 817 sqft | AED 630KAED 630,000 · Jan 2015January 2015 | 42,735 /yr | |
| 302 | 1-bed | 661 sqft | AED 358KAED 358,000 · Nov 2022November 2022 | 60,000 /yr | |
| 304 | 1-bed | 917 sqft | AED 450KAED 450,000 · Aug 2022August 2022 | 51,000 /yr | |
| 305 | 1-bed | 768 sqft | AED 555KAED 555,000 · Oct 2024October 2024 | ||
| 306 | 831 sqft | AED 650KAED 650,000 · Jan 2014January 2014 | 50,000 /yr | ||
| 307 | 1-bed | 864 sqft | AED 650KAED 650,000 · Jan 2014January 2014 | 53,000 /yr | |
| 308 | 1-bed | 842 sqft | AED 700KAED 700,000 · Aug 2015August 2015 | 60,000 /yr | |
| 309 | 1-bed | 775 sqft | AED 665KAED 664,850 · Oct 2012October 2012 | 36,000 /yr | |
| 310 | 1-bed | 924 sqft | AED 820KAED 820,200 · Feb 2013February 2013 | 48,000 /yr | |
| 311 | 1-bed | 931 sqft | AED 1.4MAED 1,396,100 · Oct 2014October 2014 | 43,890 /yr | |
| 312 | 1-bed | 654 sqft | AED 480KAED 480,000 · Sep 2024September 2024 | 65,000 /yr | |
| 313 | 1-bed | 821 sqft | AED 650KAED 650,000 · Jan 2025January 2025 | 42,900 /yr | |
| 314 | 1-bed | 890 sqft | AED 450KAED 450,000 · Feb 2024February 2024 | 55,000 /yr |
303, Axis Residences 8 in numbers
- Sold twice: first on 17 February 2013 for AED 797,450, last on 12 March 2024 for AED 470,000 (AED 510 per sqft).
- Rented since August 2013 on 6 Ejari contracts, from AED 47,000 to AED 33,000 a year.
- At AED 33,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 11,900 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 12 March 2024.
Questions about 303, Axis Residences 8
What did unit 303 last sell for?
AED 470,000 on 12 March 2024: AED 510 per sqft for 920 sqft. The unit has 2 registered sales; the first was AED 797,450 in February 2013.
What is the rent for unit 303?
AED 33,000 a year on the contract signed on 25 March 2022. The previous contract, from November 2020, was AED 33,000; the unit has been rented since August 2013.
How big is unit 303?
920 sqft (85.5 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.
What is unit 303 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 303, Axis Residences 8
Starts from the last sale price (AED 470K, 12 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 470,000
- Deposit, UAE resident (20%)
- AED 94,000
- Deposit, non-resident (40%)
- AED 188,000
- Monthly over 25 years at 3.7%
- AED 1,923
Plus AED 22,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →