306, Axis Residences 8
Sold prices and rental history: sold 3 times, last in January 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 306, Axis Residences 8
What is 306 worth today?
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Source: Dubai Land Department. Updated 4 January 2025.
Key facts
- Type
- Apartment
- Size
- 831 sqft
- Floor
- 3rd of 8
- Parking
- 34
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 10,700 /yr
- Last sold
- AED 650K · January 2014
- Building
- Axis Residences 8
About 306, Axis Residences 8
306 is an apartment of 831 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 19 January 2014 for AED 650,000, or AED 782 per sqft.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 4 January 2025, is AED 50,000 a year: a gross yield of 7.7% on the 2014 price, before the service charge of about AED 10,700 a year.
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 | |
| 303 | 1-bed | 920 sqft | AED 470KAED 470,000 · Mar 2024March 2024 | 33,000 /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 | ||
| 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 |
306, Axis Residences 8 in numbers
- Sold 3 times: first on 29 May 2011 for AED 544,050, last on 19 January 2014 for AED 650,000 (AED 782 per sqft).
- Rented since July 2014 on 6 Ejari contracts. The rent fell from AED 55,000 to AED 37,000 in 2019 and recovered to AED 50,000 by January 2025.
- At AED 50,000 a year the gross yield on the 2014 price is 7.7%, before a service charge of about AED 10,700 a year (AED 12.89 per sqft).
Source: Dubai Land Department. Updated 4 January 2025.
Questions about 306, Axis Residences 8
What did unit 306 last sell for?
AED 650,000 on 19 January 2014: AED 782 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 306?
AED 50,000 a year on the contract signed on 4 January 2025. The previous contract, from December 2019, was AED 37,000; the unit has been rented since July 2014.
How big is unit 306?
831 sqft (77.2 sqm): an apartment on the 3rd floor of a 8-storey tower completed in 2010.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 306, Axis Residences 8
Starts from the last sale price (AED 650K, 19 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →