Axis Residences 8

Completed · Q2 2010|112 units · 1 building

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Axis Residences 8 is a completed apartment development by GULF GENERAL INVESTMENTS CO. (P.S.C) in Silicon Oasis, Nadd Hessa, comprising 112 registered units. 219 sales are registered with the Dubai Land Department, at a current PIX© price of AED 944 per sqft. At AED 944 per sqft, Axis Residences 8 prices 29% below the Silicon Oasis average of AED 1,329 per sqft on registered sales.

PIX© price · ↑37.0% YoY

633KAED

Typical

944AED

PSF

Gross yield

6.3%

PIX© rent ÷ PIX© price

Sale records

219

DLD · all time

Rent contracts

771

Ejari · all time

SATELLITE

LocationSilicon Oasis in Nadd Hessa

Drive times · typical

Downtown Dubai20 min · 18.7 km

DXB Airport17 min · 19.5 km

DIFC24 min · 21.1 km

Dubai Marina31 min · 35.1 km

Palm Jumeirah34 min · 36.9 km

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Axis Residences 8944AED/sqft · project-wide

1 Bed

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

Type	Units	PIX© Price	PIX© PSF	PSF YoY	Trend	PIX© Rent /yr	Yield
1 Bed 654 – 931 sqft	112	0	0	0.0%		0	0.0%

Sales — 1 Bed219 DLD records

PIX© price analysis

All time

Not enough monthly records to draw a trend

PIX©Entry

PIX©Standard

PIX©Premium

PSF YoY

3-month change

All time

Price range

PSF range

Avg size

Cash : mortgage

Off-plan : ready

Latest transactions

Recent record preview unavailable for this product.

Rentals — 1 Bed771 Ejari contracts

PIX© rent analysis

All time

Not enough monthly records to draw a trend

PIX©Entry

PIX©Standard

PIX©Premium

Rent PSF YoY

Gross yield

All time

Rent range

Renewals

Corporate

Floor Analysis

last 24 months

Floors	Median Rent / Yr
All floors	106 rentals
Floors 1-5	69 rentals
Floors 6-8	37 rentals

Median Rent / Yr · 106 rentals

Floors 1-5 · 69 rentals

Floors 6-8 · 37 rentals

Latest contracts

No recent contracts in the preview window.

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Map of comparable projects in this community

This projectPeers by PIX© PSF rankSelected comparisonSelect a marker to compare2 peers could not be placed

This project

Axis Residences 8

Compared with

Axis Residences 6

PIX© PSF

838

Rank

#31 of 53

#30 of 53

Typical price

710K

Yield

8.3%

Units

112

Sales

Rents

114

184

Developer

GULF GENERAL INVESTMENTS CO. (P.S.C)

Handover

2010

2013

Rank	Project	Units	PIX© PSF	vs subject	Typical price	Yield	Sales	Rents
	Oasis High Park MOHD. HUSSAIN & BROS · 2014	159					48	211
	Spring	513					154	552
	Silicon Gate2 TIME PROPERTIES · 2014	132					53	192
	Jade Residence DEYAAR DEVELOPMENT (P.J.S.C) · 2009	97					61	111
	Axis Residences 6 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2013	112					65	184
31	Axis Residences 8 GULF GENERAL INVESTMENTS CO. (P.S.C) · 2010	112	838	Subject	710K	8.3%	54	114
	Imperial BONYAN EMIRATES PROPERTIES · 2010	126					76	145
	Al Falak Residence Al Falak Residence FZCO · 2017	97					44	146
	Silicon Gate 3 TIME PROPERTIES · 2013	124					52	139
	University View B	432					113	563
	Silicon Boulevard MADISON HOLDING FZCO · 2010	206					95	333

Community median 868 AED/sqft. Showing the closest-ranked peers of 53 ranked projects in the community. 10 community projects excluded for insufficient recorded sales. 11 excluded for trading only in the off-plan market. 7 excluded for insufficient unit-mix overlap. Peer set trimmed to the most similar projects by unit size, vintage and status. PIX© PSF is like-for-like on this project's unit mix · ready and off-plan registrations priced separately · yields from new Ejari contracts · cash sales, last 48 months.

Comparable projects in Silicon Oasis

The closest-priced registered projects in Silicon Oasis.

La Visita 02AED 943/sqft
Sunshine ResidenceAED 946/sqft
La Visita 01AED 942/sqft
La Vista 03AED 941/sqft
Ayat OasisAED 948/sqft
Sapphire ResidenceAED 950/sqft

Common questions about Axis Residences 8

Answered from Dubai Land Department registered transactions.

How much does a property in Axis Residences 8 cost?

Property in Axis Residences 8 sells at a current PIX© price of AED 944 per sqft, or about AED 632,569 for a typical unit, based on 219 sales registered with the Dubai Land Department.

Is Axis Residences 8 completed?

Yes. Axis Residences 8 is recorded as completed in the Dubai Land Department project register (completed q2 2010).

Who is the developer of Axis Residences 8?

Axis Residences 8 is developed by GULF GENERAL INVESTMENTS CO. (P.S.C), the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Axis Residences 8?

Axis Residences 8 yields 6.3% gross, calculated from current PIX© rent against current PIX© sale price, across 771 registered Ejari contracts.

How many units are in Axis Residences 8?

Axis Residences 8 holds 112 registered units, per the Dubai Land Department unit register.

Have prices in Axis Residences 8 gone up or down?

Price per sqft has risen +37.0% over the last 12 months, to AED 944, across 219 registered sales.