1-bed · 815 sqftAxis Silver 1, Dubai Silicon Oasis · 6th floor · completed 2015

606, Axis Silver 1

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

Unit 606 · DLD and Ejari recordsUpdated 25 May 2021
Last soldAED 652K19 August 2019
Current rentAED 38K /yr25 May 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 606, Axis Silver 1

What is 606 worth today?

Last sold for AED 652,101 in 2019

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25 May 2021RentedRenewal
AED 38,000/yr12 months · AED 47 per sqft
25 May 2020RentedNew contract
AED 43,000/yr12 months · AED 53 per sqft
20 Aug 2019RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
19 Aug 2019Sold by developerReady
AED 652,101AED 799 per sqft

Source: Dubai Land Department. Updated 25 May 2021.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
6th of 8
Parking
G-96
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 652K · August 2019

About 606, Axis Silver 1

606 is a one-bedroom apartment of 815 sqft on the 6th 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 19 August 2019 for AED 652,101, or AED 799 per sqft, 11% below the AED 902 one-beds in the building were fetching at the time.

It has been rented since 2019 on 3 Ejari contracts. The current contract, renewed on 25 May 2021, is AED 38,000 a year: a gross yield of 5.8% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for 606 over time

Sales
Unit 606, 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, August 2019: AED 652,101 (AED 799 per sqft)

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

Rents
Unit 606, 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, August 2019: AED 48,000 a yearNew contract, May 2020: AED 43,000 a yearRenewal, May 2021: AED 38,000 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 606 sits

All 115 1-beds →

606 last sold in August 2019 at AED 799 per sqft, 11% below what one-beds in Axis Silver 1 were fetching at the time (AED 902). 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. 606's AED 38,000 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 6th floor

All 120 units in Axis Silver 1
Value
6011-bedAED 741K · Oct 2018
6021-bedAED 739K · May 2018
6031-bedAED 731K · Jun 2018
6041-bedAED 728K · Sep 2018
6051-bedAED 504K · Mar 2025
6071-bedAED 789K · Jan 2023
6081-bedAED 650K · Aug 2023
1–7 of 14

606, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 19 August 2019 for AED 652,101, or AED 799 per sqft.
  • Rented since August 2019 on 3 Ejari contracts, from AED 48,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2019 price is 5.8%, 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 25 May 2021.

Questions about 606, Axis Silver 1

What did unit 606 last sell for?

AED 652,101 on 19 August 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 606?

AED 38,000 a year on the contract renewed on 25 May 2021. The previous contract, from May 2020, was AED 43,000; the unit has been rented since August 2019.

How big is unit 606?

815 sqft (75.7 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 606 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 606, Axis Silver 1

Starts from the last sale price (AED 652K, 19 August 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →