1-bed · 811 sqftAxis Silver 1, Dubai Silicon Oasis · 5th floor · completed 2015

511, Axis Silver 1

Sold prices and rental history: sold once, by the developer in July 2018, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 1 September 2019
Last soldAED 760K17 July 2018
Current rentAED 50K /yr1 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Axis Silver 1

What is 511 worth today?

Last sold for AED 759,853 in 2018

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1 Sep 2019RentedRenewal
AED 50,000/yr12 months · AED 62 per sqft
1 Sep 2018RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
17 Jul 2018Sold by developerReady
AED 759,853AED 936 per sqft

Source: Dubai Land Department. Updated 1 September 2019.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
5th of 8
Parking
G-132
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 760K · July 2018

About 511, Axis Silver 1

511 is a one-bedroom apartment of 811 sqft on the 5th 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 July 2018 for AED 759,853, or AED 936 per sqft, in line with the AED 924 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, renewed on 1 September 2019, is AED 50,000 a year: a gross yield of 6.6% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 511 over time

Sales
Unit 511, 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, July 2018: AED 759,853 (AED 936 per sqft)

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

Rents
Unit 511, 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, September 2018: AED 55,000 a yearRenewal, September 2019: AED 50,000 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 511 sits

All 115 1-beds →

511 last sold in July 2018 at AED 936 per sqft, in line with what one-beds in Axis Silver 1 were fetching at the time (AED 924). 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. 511's AED 50,000 is in the lower half 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 5th floor

All 120 units in Axis Silver 1
Value
5011-bedAED 440K · Feb 2021
5021-bedAED 840K · Oct 2015
5031-bedAED 830K · May 2018
5041-bedAED 730K · Jan 2025
505AED 660K · Aug 2025
5061-bedAED 841K · Aug 2022
5071-bedAED 806K · Jun 2018
1–7 of 14

511, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 17 July 2018 for AED 759,853, or AED 936 per sqft.
  • Rented since September 2018 on 2 Ejari contracts, from AED 55,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2018 price is 6.6%, 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 1 September 2019.

Questions about 511, Axis Silver 1

What did unit 511 last sell for?

AED 759,853 on 17 July 2018, sold by the developer: AED 936 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 50,000 a year on the contract renewed on 1 September 2019. The previous contract, from September 2018, was AED 55,000.

How big is unit 511?

811 sqft (75.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 511 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 511, Axis Silver 1

Starts from the last sale price (AED 760K, 17 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 759,853
Deposit, UAE resident (20%)
AED 151,971
Deposit, non-resident (40%)
AED 303,941
Monthly over 25 years at 3.7%
AED 3,109

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