1-bed · 814 sqftAxis Silver 1, Dubai Silicon Oasis · 3rd floor · completed 2015

305, Axis Silver 1

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 305 · DLD and Ejari recordsUpdated 14 May 2022
Last soldAED 788K17 December 2018
Current rentAED 40K /yr14 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 305, Axis Silver 1

What is 305 worth today?

Last sold for AED 787,831 in 2018

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14 May 2022RentedNew contract
AED 40,000/yr12 months · AED 49 per sqft
20 Feb 2021RentedNew contract
AED 33,000/yr12 months · AED 40 per sqft
17 Dec 2018Sold by developerReady
AED 787,831AED 968 per sqft

Source: Dubai Land Department. Updated 14 May 2022.

Key facts

Type
1-bed apartment
Size
814 sqft
Floor
3rd of 8
Parking
G-104
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 788K · December 2018

About 305, Axis Silver 1

305 is a one-bedroom apartment of 814 sqft on the 3rd 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 17 December 2018 for AED 787,831, or AED 968 per sqft, 6% above the AED 914 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 14 May 2022, is AED 40,000 a year: a gross yield of 5.1% on the 2018 price, before the service charge of about AED 10,600 a year.

Sales and rents for 305 over time

Sales
Unit 305, 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, December 2018: AED 787,831 (AED 968 per sqft)

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

Rents
Unit 305, 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, February 2021: AED 33,000 a yearNew contract, May 2022: 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 305 sits

All 120 1-beds →

305 last sold in December 2018 at AED 968 per sqft, 6% above what one-beds in Axis Silver 1 were fetching at the time (AED 914). 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. 305'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 3rd floor

All 120 units in Axis Silver 1
Value
3011-bedAED 795K · Jul 2018
3021-bedAED 794K · Nov 2016
3031-bedAED 772K · Jan 2019
3041-bedAED 650K · Dec 2024
3061-bedAED 675K · Nov 2024
3071-bedAED 690K · Oct 2024
3081-bedAED 721K · Sep 2015
1–7 of 14

305, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 17 December 2018 for AED 787,831, or AED 968 per sqft.
  • Rented since February 2021 on 2 Ejari contracts, from AED 33,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2018 price is 5.1%, 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 14 May 2022.

Questions about 305, Axis Silver 1

What did unit 305 last sell for?

AED 787,831 on 17 December 2018, sold by the developer: AED 968 per sqft for 814 sqft. It is the only registered sale of the unit.

What is the rent for unit 305?

AED 40,000 a year on the contract signed on 14 May 2022. The previous contract, from February 2021, was AED 33,000.

How big is unit 305?

814 sqft (75.6 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 305 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 305, Axis Silver 1

Starts from the last sale price (AED 788K, 17 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 787,831
Deposit, UAE resident (20%)
AED 157,566
Deposit, non-resident (40%)
AED 315,132
Monthly over 25 years at 3.7%
AED 3,223

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