406, Axis Silver 1
Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 406, Axis Silver 1
What is 406 worth today?
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Source: Dubai Land Department. Updated 15 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 4th of 8
- Parking
- G-87
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,600 /yr
- Last sold
- AED 652K · September 2019
- Building
- Axis Silver 1
About 406, Axis Silver 1
406 is a one-bedroom apartment of 815 sqft on the 4th 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 17 September 2019 for AED 652,101, or AED 799 per sqft, 9% below the AED 876 one-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 15 October 2024, is AED 50,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 10,600 a year.
Sales and rents for 406 over time
406 has sold once; 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 Silver 1, and where 406 sits
All 115 1-beds →406 last sold in September 2019 at AED 799 per sqft, 9% below what one-beds in Axis Silver 1 were fetching at the time (AED 876). 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. 406's AED 50,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 812 sqft | 850,000 | 1,047 | ||
| 10 Feb 202610 February 2026 | 811 sqft | 800,000 | 986 | ||
| 16 Jan 202616 January 2026 | 811 sqft | 830,000 | 1,023 | ||
| 12 Jan 202612 January 2026 | 811 sqft | 780,000 | 961 |
Axis Silver 1
Building120 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%
Other units on the 4th floor
All 120 units in Axis Silver 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 808 sqft | AED 652KAED 652,178 · Oct 2020October 2020 | 60,000 /yr | |
| 402 | 1-bed | 807 sqft | AED 760KAED 760,000 · Feb 2025February 2025 | 65,000 /yr | |
| 403 | 1-bed | 811 sqft | AED 500KAED 500,000 · Jul 2022July 2022 | ||
| 404 | 1-bed | 816 sqft | AED 760KAED 760,206 · Jul 2018July 2018 | 65,000 /yr | |
| 405 | 1-bed | 814 sqft | AED 720KAED 720,000 · Feb 2025February 2025 | 41,000 /yr | |
| 407 | 1-bed | 811 sqft | AED 644KAED 643,591 · Jul 2020July 2020 | 47,943 /yr | |
| 408 | 1-bed | 817 sqft | AED 757KAED 757,440 · Aug 2018August 2018 | 57,000 /yr | |
| 409 | 1-bed | 811 sqft | AED 644KAED 643,591 · Aug 2020August 2020 | 55,000 /yr | |
| 410 | 1-bed | 811 sqft | AED 644KAED 643,591 · Aug 2020August 2020 | ||
| 411 | 1-bed | 811 sqft | AED 450KAED 450,000 · Oct 2020October 2020 | 40,000 /yr | |
| 412 | 1-bed | 811 sqft | AED 545KAED 545,000 · Jan 2023January 2023 | 45,000 /yr | |
| 413 | 1-bed | 811 sqft | AED 763KAED 763,174 · Sep 2018September 2018 | 44,132 /yr | |
| 414 | 1-bed | 812 sqft | AED 646KAED 645,598 · Aug 2019August 2019 | ||
| 415 | 810 sqft | AED 790KAED 790,000 · Sep 2025September 2025 | 75,000 /yr |
406, Axis Silver 1 in numbers
- Sold once: by Gulf General Investments Co on 17 September 2019 for AED 652,101, or AED 799 per sqft.
- Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 48,000 to AED 39,000 in 2020 and recovered to AED 50,000 by October 2024.
- At AED 50,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 10,600 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 15 October 2024.
Questions about 406, Axis Silver 1
What did unit 406 last sell for?
AED 652,101 on 17 September 2019, sold by the developer: AED 799 per sqft for 815 sqft. It is the only registered sale of the unit.
What is the rent for unit 406?
AED 50,000 a year on the contract renewed on 15 October 2024. The previous contract, from October 2023, was AED 50,000; the unit has been rented since September 2019.
How big is unit 406?
815 sqft (75.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 406 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 406, Axis Silver 1
Starts from the last sale price (AED 652K, 17 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 652,101
- Deposit, UAE resident (20%)
- AED 130,420
- Deposit, non-resident (40%)
- AED 260,840
- Monthly over 25 years at 3.7%
- AED 2,668
Plus AED 32,398 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →