1-bed · 816 sqftAxis Silver 1, Dubai Silicon Oasis · 2nd floor · completed 2015

204, Axis Silver 1

Sold prices and rental history: sold once, by the developer in November 2020, and rented once, from December 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 1 December 2020
Last soldAED 641K2 November 2020
Current rentAED 40K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Axis Silver 1

What is 204 worth today?

Last sold for AED 641,088 in 2020

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1 Dec 2020RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
2 Nov 2020Sold by developerReady
AED 641,088AED 785 per sqft

Source: Dubai Land Department. Updated 1 December 2020.

Key facts

Type
1-bed apartment
Size
816 sqft
Floor
2nd of 8
Parking
G-79
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 641K · November 2020

About 204, Axis Silver 1

204 is a one-bedroom apartment of 816 sqft on the 2nd 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 2 November 2020 for AED 641,088, or AED 785 per sqft, in line with the AED 793 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 December 2020. The current contract, signed on 1 December 2020, is AED 40,000 a year: a gross yield of 6.2% on the 2020 price, before the service charge of about AED 10,600 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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, November 2020: AED 641,088 (AED 785 per sqft)

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

Rents
Unit 204, 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, December 2020: AED 40,000 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 204 sits

All 120 1-beds →

204 last sold in November 2020 at AED 785 per sqft, in line with what one-beds in Axis Silver 1 were fetching at the time (AED 793). 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. 204's AED 40,000 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 2nd floor

All 120 units in Axis Silver 1
Value
2011-bedAED 463K · Jan 2022
2021-bedAED 651K · Sep 2019
2031-bedAED 730K · Mar 2024
2051-bedAED 730K · Mar 2018
2061-bedAED 737K · Mar 2018
2071-bedAED 644K · Apr 2019
2081-bedAED 750K · May 2025
1–7 of 14

204, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 2 November 2020 for AED 641,088, or AED 785 per sqft.
  • Rented since December 2020 on one Ejari contract, at AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2020 price is 6.2%, 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 December 2020.

Questions about 204, Axis Silver 1

What did unit 204 last sell for?

AED 641,088 on 2 November 2020, sold by the developer: AED 785 per sqft for 816 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 40,000 a year on the contract signed on 1 December 2020.

How big is unit 204?

816 sqft (75.8 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 204 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 204, Axis Silver 1

Starts from the last sale price (AED 641K, 2 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 641,088
Deposit, UAE resident (20%)
AED 128,218
Deposit, non-resident (40%)
AED 256,435
Monthly over 25 years at 3.7%
AED 2,623

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