314, Axis Residences 8
Sold prices and rental history: sold 3 times, last in February 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 314, Axis Residences 8
What is 314 worth today?
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Source: Dubai Land Department. Updated 13 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 890 sqft
- Floor
- 3rd of 8
- Parking
- 42
- Developer
- Gulf General Investments Co
- Completed
- 2010
- Service charge
- AED 11,500 /yr
- Last sold
- AED 450K · February 2024
- Building
- Axis Residences 8
About 314, Axis Residences 8
314 is a one-bedroom apartment of 890 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 21 February 2024 for AED 450,000, or AED 505 per sqft, in line with the AED 501 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 13 September 2024, is AED 55,000 a year: a gross yield of 12.2% on the 2024 price, before the service charge of about AED 11,500 a year.
Sales and rents for 314 over time
314 has sold 3 times; 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 314 sits
All 94 1-beds →314 last sold in February 2024 at AED 505 per sqft, in line with what one-beds in Axis Residences 8 were fetching at the time (AED 501). 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. 314's AED 55,000 is in the lower half 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 | |
| 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 | ||
| 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, Axis Residences 8 in numbers
- Sold 3 times: first on 4 October 2012 for AED 723,125, last on 21 February 2024 for AED 450,000 (AED 505 per sqft).
- Rented since December 2013 on 6 Ejari contracts. The rent fell from AED 40,781 to AED 32,000 in 2020 and recovered to AED 55,000 by September 2024.
- At AED 55,000 a year the gross yield on the 2024 price is 12.2%, before a service charge of about AED 11,500 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 13 September 2024.
Questions about 314, Axis Residences 8
What did unit 314 last sell for?
AED 450,000 on 21 February 2024: AED 505 per sqft for 890 sqft. The unit has 3 registered sales; the first was AED 723,125 in October 2012.
What is the rent for unit 314?
AED 55,000 a year on the contract signed on 13 September 2024. The previous contract, from April 2024, was AED 55,000; the unit has been rented since December 2013.
How big is unit 314?
890 sqft (82.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2010.
What is unit 314 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 314, Axis Residences 8
Starts from the last sale price (AED 450K, 21 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →