1-bed · 406 sqftAxis Silver 1, Dubai Silicon Oasis · 2nd floor · completed 2015

214, Axis Silver 1

Sold prices and rental history: sold once, by the developer in March 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 20 March 2019
Last soldAED 646K20 March 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Axis Silver 1

What is 214 worth today?

Last sold for AED 645,598 in 2019

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20 Mar 2019Sold by developerReady
AED 645,598AED 795 per sqft

Source: Dubai Land Department. Updated 20 March 2019.

Key facts

Type
1-bed apartment
Size
406 sqft
Floor
2nd of 8
Parking
G-56
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 5,300 /yr
Last sold
AED 646K · March 2019

About 214, Axis Silver 1

214 is a one-bedroom apartment of 406 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 20 March 2019 for AED 645,598, or AED 795 per sqft, 13% below the AED 912 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 214 over time

Sales
Unit 214, 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 2019: AED 645,598 (AED 795 per sqft)

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

Rents
Unit 214, 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 59,250

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 214 sits

All 120 1-beds →

214 last sold in March 2019 at AED 795 per sqft, 13% below what one-beds in Axis Silver 1 were fetching at the time (AED 912). 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.

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
2051-bedAED 730K · Mar 2018
2061-bedAED 737K · Mar 2018
2071-bedAED 644K · Apr 2019
1–7 of 14

214, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 20 March 2019 for AED 645,598, or AED 795 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 20 March 2019.

Questions about 214, Axis Silver 1

What did unit 214 last sell for?

AED 645,598 on 20 March 2019, sold by the developer: AED 795 per sqft for 406 sqft. It is the only registered sale of the unit.

How big is unit 214?

406 sqft (37.7 sqm): a one-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2015.

What is unit 214 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 214, Axis Silver 1

Starts from the last sale price (AED 646K, 20 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 645,598
Deposit, UAE resident (20%)
AED 129,120
Deposit, non-resident (40%)
AED 258,239
Monthly over 25 years at 3.7%
AED 2,641

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