1-bed · 814 sqftAxis Silver 1, Dubai Silicon Oasis · 2nd floor · completed 2015

205, Axis Silver 1

Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 205 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 730K22 March 2018
Current rentAED 60K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 205, Axis Silver 1

What is 205 worth today?

Last sold for AED 730,000 in 2018

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1 Sep 2024RentedNew contract
AED 60,000/yr12 months · AED 73 per sqft
1 Aug 2023RentedNew contract
AED 46,000/yr12 months · AED 56 per sqft
22 Mar 2018Sold by developerReady
AED 730,000AED 897 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
2nd of 8
Parking
G-42
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 730K · March 2018

About 205, Axis Silver 1

205 is a one-bedroom apartment of 814 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 22 March 2018 for AED 730,000, or AED 897 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 September 2024, is AED 60,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 205 over time

Sales
Unit 205, 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, March 2018: AED 730,000 (AED 897 per sqft)

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

Rents
Unit 205, 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, August 2023: AED 46,000 a yearNew contract, September 2024: AED 60,000 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 205 sits

All 120 1-beds →

205 last sold in March 2018 at AED 897 per sqft, in line with what one-beds in Axis Silver 1 were fetching at the time (AED 901). 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. 205's AED 60,000 is in the upper 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
2041-bedAED 641K · Nov 2020
2061-bedAED 737K · Mar 2018
2071-bedAED 644K · Apr 2019
2081-bedAED 750K · May 2025
1–7 of 14

205, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 22 March 2018 for AED 730,000, or AED 897 per sqft.
  • Rented since August 2023 on 2 Ejari contracts, from AED 46,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 8.2%, 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 September 2024.

Questions about 205, Axis Silver 1

What did unit 205 last sell for?

AED 730,000 on 22 March 2018, sold by the developer: AED 897 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 205?

AED 60,000 a year on the contract signed on 1 September 2024. The previous contract, from August 2023, was AED 46,000.

How big is unit 205?

814 sqft (75.6 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 205 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 205, Axis Silver 1

Starts from the last sale price (AED 730K, 22 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 730,000
Deposit, UAE resident (20%)
AED 146,000
Deposit, non-resident (40%)
AED 292,000
Monthly over 25 years at 3.7%
AED 2,987

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