1-bed · 811 sqftAxis Silver 1, Dubai Silicon Oasis · 3rd floor · completed 2015

303, Axis Silver 1

Sold prices and rental history: sold once, by the developer in January 2019, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 303 · DLD and Ejari recordsUpdated 10 March 2020
Last soldAED 772K15 January 2019
Current rentAED 44K /yr10 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 303, Axis Silver 1

What is 303 worth today?

Last sold for AED 772,309 in 2019

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10 Mar 2020RentedRenewal
AED 43,583/yr72 months · AED 54 per sqft
10 Mar 2019RentedNew contract
AED 53,000/yr12 months · AED 66 per sqft
15 Jan 2019Sold by developerReady
AED 772,309AED 951 per sqft

Source: Dubai Land Department. Updated 10 March 2020.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
3rd of 8
Parking
G-120
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 772K · January 2019

About 303, Axis Silver 1

303 is a one-bedroom apartment of 811 sqft on the 3rd floor of Axis Silver 1, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. The developer sold it on 15 January 2019 for AED 772,309, or AED 951 per sqft, 4% above the AED 914 one-beds in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 10 March 2020, is AED 43,583 a year: a gross yield of 5.6% on the 2019 price, before the service charge of about AED 10,500 a year.

Sales and rents for 303 over time

Sales
Unit 303, each saleTypical one-bed in Axis Silver 1
600K800K20152018202120242027Typical sale price by year: 2015 AED 783,278; 2018 AED 739,121; 2019 AED 648,264; 2020 AED 643,591; 2021 AED 492,500; 2022 AED 520,000; 2023 AED 495,000; 2024 AED 655,000; 2025 AED 730,000; 2026 AED 805,000Sold by developer, January 2019: AED 772,309 (AED 951 per sqft)

303 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 303, each contractTypical one-bed in Axis Silver 1
40K60K2018202120242027Typical rent by year: 2018 AED 57,000; 2019 AED 48,000; 2020 AED 40,500; 2021 AED 36,000; 2022 AED 38,000; 2023 AED 43,000; 2024 AED 48,000; 2025 AED 57,000; 2026 AED 66,000New contract, March 2019: AED 53,000 a yearRenewal, March 2020: AED 43,583 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Axis Silver 1, and where 303 sits

All 115 1-beds →

303 last sold in January 2019 at AED 951 per sqft, 4% above what one-beds in Axis Silver 1 were fetching at the time (AED 914). Over the last 12 months one-beds sold for AED 750,000 to 850,000, around AED 986 per sqft, and rent for AED 47,297 to 68,500 a year. 303's AED 43,583 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 2026850,000
10 Feb 2026800,000
16 Jan 2026830,000
12 Jan 2026780,000
9 1-bed sales in the last 12 months

Axis Silver 1

Building

120 apartments, 1-bed over 8 floors in Dubai Silicon Oasis, completed in 2015 by Gulf General Investments Co. 9 sold in the last 12 months.

Typical price per sqft
AED 986
Typical sale
AED 800K
Typical rent
AED 60K /yr
Typical yield
7.5%
Axis Silver 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 120 units in Axis Silver 1
Value
3011-bedAED 795K · Jul 2018
3021-bedAED 794K · Nov 2016
3041-bedAED 650K · Dec 2024
3051-bedAED 788K · Dec 2018
3061-bedAED 675K · Nov 2024
3071-bedAED 690K · Oct 2024
3081-bedAED 721K · Sep 2015
1–7 of 14

303, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 15 January 2019 for AED 772,309, or AED 951 per sqft.
  • Rented since March 2019 on 2 Ejari contracts, from AED 53,000 to AED 43,583 a year.
  • At AED 43,583 a year the gross yield on the 2019 price is 5.6%, before a service charge of about AED 10,500 a year (AED 12.98 per sqft).
  • One-beds in Axis Silver 1 sold for AED 750,000–850,000 in the 12 months to November 2026; the building's median across all types is AED 986 per sqft.

Source: Dubai Land Department. Updated 10 March 2020.

Questions about 303, Axis Silver 1

What did unit 303 last sell for?

AED 772,309 on 15 January 2019, sold by the developer: AED 951 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 303?

AED 43,583 a year on the contract renewed on 10 March 2020. The previous contract, from March 2019, was AED 53,000.

How big is unit 303?

811 sqft (75.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

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 Silver 1 sold for AED 750,000 to 850,000 in the last 12 months, around AED 986 per sqft.

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Mortgage on 303, Axis Silver 1

Starts from the last sale price (AED 772K, 15 January 2019). Switch to today's estimate once you have unlocked it.
Price
AED 772,309
Deposit, UAE resident (20%)
AED 154,462
Deposit, non-resident (40%)
AED 308,924
Monthly over 25 years at 3.7%
AED 3,160

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →