831 sqftAxis Residences 8, Dubai Silicon Oasis · 7th floor · completed 2010

706, Axis Residences 8

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 10 October 2025
Last soldAED 559K11 September 2025
Current rentAED 55K /yr10 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Axis Residences 8

What is 706 worth today?

Last sold for AED 559,373 in 2025

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10 Oct 2025RentedNew contract
AED 55,000/yr12 months · AED 66 per sqft
11 Sep 2025SoldReady
AED 559,373AED 673 per sqft
25 Jan 2020RentedRenewal
AED 33,000/yr12 months · AED 40 per sqft
25 Jan 2019RentedNew contract
AED 45,000/yr12 months · AED 54 per sqft
6 Dec 2017RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
6 Dec 2016RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
6 Dec 2015RentedNew contract
AED 58,000/yr12 months · AED 70 per sqft
29 May 2014Sold by developerReady
AED 622,728AED 749 per sqft

Source: Dubai Land Department. Updated 10 October 2025.

Key facts

Type
Apartment
Size
831 sqft
Floor
7th of 8
Parking
102
Developer
Gulf General Investments Co
Completed
2010
Service charge
AED 10,700 /yr
Last sold
AED 559K · September 2025

About 706, Axis Residences 8

706 is an apartment of 831 sqft on the 7th 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 2025 for AED 559,373, or AED 673 per sqft.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 10 October 2025, is AED 55,000 a year: a gross yield of 9.8% on the 2025 price, before the service charge of about AED 10,700 a year.

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 7th floor

All 111 units in Axis Residences 8
Value
7011-bedAED 430K · Oct 2023
7021-bedAED 330K · Jun 2023
703AED 595K · Sep 2025
704AED 598K · Sep 2025
705AED 582K · Sep 2025
707AED 600K · Sep 2025
708AED 586K · Sep 2025
1–7 of 13

706, Axis Residences 8 in numbers

  • Sold twice: first on 29 May 2014 for AED 622,728, last on 11 September 2025 for AED 559,373 (AED 673 per sqft).
  • Rented since December 2012 on 7 Ejari contracts. The rent fell from AED 40,000 to AED 33,000 in 2020 and recovered to AED 55,000 by October 2025.
  • At AED 55,000 a year the gross yield on the 2025 price is 9.8%, before a service charge of about AED 10,700 a year (AED 12.89 per sqft).

Source: Dubai Land Department. Updated 10 October 2025.

Questions about 706, Axis Residences 8

What did unit 706 last sell for?

AED 559,373 on 11 September 2025: AED 673 per sqft for 831 sqft. The unit has 2 registered sales; the first was AED 622,728 in May 2014.

What is the rent for unit 706?

AED 55,000 a year on the contract signed on 10 October 2025. The previous contract, from January 2020, was AED 33,000; the unit has been rented since December 2012.

How big is unit 706?

831 sqft (77.2 sqm): an apartment on the 7th floor of a 8-storey tower completed in 2010.

What is unit 706 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 706, Axis Residences 8

Starts from the last sale price (AED 559K, 11 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 559,373
Deposit, UAE resident (20%)
AED 111,875
Deposit, non-resident (40%)
AED 223,749
Monthly over 25 years at 3.7%
AED 2,289

Plus AED 28,504 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →