206, Axis Silver 1
Sold prices and rental history: sold once, by the developer in March 2018, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 206, Axis Silver 1
What is 206 worth today?
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Source: Dubai Land Department. Updated 15 August 2020.
Key facts
- Type
- 1-bed apartment
- Size
- 815 sqft
- Floor
- 2nd of 8
- Parking
- G-47
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,600 /yr
- Last sold
- AED 737K · March 2018
- Building
- Axis Silver 1
About 206, Axis Silver 1
206 is a one-bedroom apartment of 815 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 26 March 2018 for AED 737,000, or AED 903 per sqft, in line with the AED 901 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 15 August 2020, is AED 40,500 a year: a gross yield of 5.5% on the 2018 price, before the service charge of about AED 10,600 a year.
Sales and rents for 206 over time
206 has sold once; the dashed line is the one-bed median of each year in the building.
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 206 sits
All 120 1-beds →206 last sold in March 2018 at AED 903 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. 206's AED 40,500 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 807 sqft | 890,000 | 1,103 | ||
| 20 Apr 202620 April 2026 | 812 sqft | 800,000 | 985 | ||
| 4 Mar 20264 March 2026 | 807 sqft | 825,000 | 1,022 | ||
| 16 Feb 202616 February 2026 | 812 sqft | 850,000 | 1,047 |
Axis Silver 1
Building120 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%
Other units on the 2nd floor
All 120 units in Axis Silver 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 808 sqft | AED 463KAED 463,000 · Jan 2022January 2022 | 38,000 /yr | |
| 202 | 1-bed | 807 sqft | AED 651KAED 650,938 · Sep 2019September 2019 | 63,000 /yr | |
| 203 | 1-bed | 811 sqft | AED 730KAED 730,000 · Mar 2024March 2024 | ||
| 204 | 1-bed | 816 sqft | AED 641KAED 641,088 · Nov 2020November 2020 | 40,000 /yr | |
| 205 | 1-bed | 814 sqft | AED 730KAED 730,000 · Mar 2018March 2018 | 60,000 /yr | |
| 207 | 1-bed | 811 sqft | AED 644KAED 643,591 · Apr 2019April 2019 | ||
| 208 | 1-bed | 817 sqft | AED 750KAED 750,000 · May 2025May 2025 | 46,750 /yr | |
| 209 | 1-bed | 811 sqft | AED 644KAED 643,591 · Feb 2020February 2020 | 48,620 /yr | |
| 210 | 1-bed | 811 sqft | AED 644KAED 643,591 · Nov 2019November 2019 | 38,000 /yr | |
| 211 | 1-bed | 811 sqft | AED 690KAED 690,000 · Nov 2024November 2024 | 54,000 /yr | |
| 212 | 1-bed | 811 sqft | AED 644KAED 643,591 · Oct 2019October 2019 | ||
| 213 | 1-bed | 811 sqft | AED 644KAED 643,591 · Nov 2020November 2020 | 43,000 /yr | |
| 214 | 1-bed | 406 sqft | AED 646KAED 645,598 · Mar 2019March 2019 | ||
| 215 | 1-bed | 810 sqft | AED 651KAED 650,930 · Jan 2019January 2019 | 65,000 /yr |
206, Axis Silver 1 in numbers
- Sold once: by Gulf General Investments Co on 26 March 2018 for AED 737,000, or AED 903 per sqft.
- Rented since April 2018 on 4 Ejari contracts, from AED 60,000 to AED 40,500 a year.
- At AED 40,500 a year the gross yield on the 2018 price is 5.5%, 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 15 August 2020.
Questions about 206, Axis Silver 1
What did unit 206 last sell for?
AED 737,000 on 26 March 2018, sold by the developer: AED 903 per sqft for 815 sqft. It is the only registered sale of the unit.
What is the rent for unit 206?
AED 40,500 a year on the contract signed on 15 August 2020. The previous contract, from February 2020, was AED 50,000; the unit has been rented since April 2018.
How big is unit 206?
815 sqft (75.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.
What is unit 206 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 206, Axis Silver 1
Starts from the last sale price (AED 737K, 26 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 737,000
- Deposit, UAE resident (20%)
- AED 147,400
- Deposit, non-resident (40%)
- AED 294,800
- Monthly over 25 years at 3.7%
- AED 3,015
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →