1-bed · 817 sqftAxis Silver 1, Dubai Silicon Oasis · 1st floor · completed 2015

108, Axis Silver 1

Sold prices and rental history: sold once, by the developer in October 2018, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 108 · DLD and Ejari recordsUpdated 1 November 2023
Last soldAED 680K23 October 2018
Current rentAED 52K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 108, Axis Silver 1

What is 108 worth today?

Last sold for AED 679,965 in 2018

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1 Nov 2023RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
1 Sep 2022RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
1 Sep 2021RentedRenewal
AED 35,500/yr12 months · AED 43 per sqft
1 Sep 2020RentedNew contract
AED 38,000/yr12 months · AED 46 per sqft
5 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
23 Oct 2018Sold by developerReady
AED 679,965AED 832 per sqft

Source: Dubai Land Department. Updated 1 November 2023.

Key facts

Type
1-bed apartment
Size
817 sqft
Floor
1st of 8
Parking
G-81
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 680K · October 2018

About 108, Axis Silver 1

108 is a one-bedroom apartment of 817 sqft on the 1st 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 23 October 2018 for AED 679,965, or AED 832 per sqft, 9% below the AED 916 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 November 2023, is AED 52,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 108 over time

Sales
Unit 108, each saleTypical one-bed in Axis Silver 1
600K800K20152018202120242027Typical sale price by year: 2015 AED 814,487; 2018 AED 739,125; 2019 AED 650,930; 2020 AED 643,591; 2021 AED 492,500; 2022 AED 520,000; 2023 AED 495,000; 2024 AED 655,000; 2025 AED 740,394; 2026 AED 810,000Sold by developer, October 2018: AED 679,965 (AED 832 per sqft)

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

Rents
Unit 108, each contractTypical one-bed in Axis Silver 1
40K60K2018202120242027Typical rent by year: 2018 AED 57,000; 2019 AED 48,000; 2020 AED 40,750; 2021 AED 36,000; 2022 AED 38,000; 2023 AED 43,000; 2024 AED 48,000; 2025 AED 58,000; 2026 AED 59,250New contract, September 2019: AED 42,000 a yearNew contract, September 2020: AED 38,000 a yearRenewal, September 2021: AED 35,500 a yearRenewal, September 2022: AED 38,000 a yearNew contract, November 2023: AED 52,000 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 108 sits

All 120 1-beds →

108 last sold in October 2018 at AED 832 per sqft, 9% below what one-beds in Axis Silver 1 were fetching at the time (AED 916). Over the last 12 months one-beds sold for AED 750,000 to 890,000, around AED 987 per sqft, and rent for AED 38,557 to 80,000 a year. 108's AED 52,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Aug 2026890,000
20 Apr 2026800,000
4 Mar 2026825,000
16 Feb 2026850,000
12 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. 12 sold in the last 12 months.

Typical price per sqft
AED 987 Up 10.8%
Typical sale
AED 800K
Typical rent
AED 60K /yr
Typical yield
7.4%
Axis Silver 1, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 120 units in Axis Silver 1
Value
1011-bedAED 694K · Aug 2018
1021-bedAED 693K · Aug 2018
1031-bedAED 655K · Jun 2024
1041-bedAED 600K · Jun 2023
1051-bedAED 699K · Aug 2018
1061-bedAED 530K · May 2022
1071-bedAED 644K · Aug 2020
1–7 of 14

108, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 23 October 2018 for AED 679,965, or AED 832 per sqft.
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 42,000 to AED 35,500 in 2021 and recovered to AED 52,000 by November 2023.
  • At AED 52,000 a year the gross yield on the 2018 price is 7.6%, 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 750,000–890,000 in the 12 months to November 2026; the building's median across all types is AED 987 per sqft.

Source: Dubai Land Department. Updated 1 November 2023.

Questions about 108, Axis Silver 1

What did unit 108 last sell for?

AED 679,965 on 23 October 2018, sold by the developer: AED 832 per sqft for 817 sqft. It is the only registered sale of the unit.

What is the rent for unit 108?

AED 52,000 a year on the contract signed on 1 November 2023. The previous contract, from September 2022, was AED 38,000; the unit has been rented since September 2019.

How big is unit 108?

817 sqft (75.9 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2015.

What is unit 108 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 890,000 in the last 12 months, around AED 987 per sqft.

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Mortgage on 108, Axis Silver 1

Starts from the last sale price (AED 680K, 23 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 679,965
Deposit, UAE resident (20%)
AED 135,993
Deposit, non-resident (40%)
AED 271,986
Monthly over 25 years at 3.7%
AED 2,782

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