1-bed · 815 sqftAxis Silver 1, Dubai Silicon Oasis · 3rd floor · completed 2015

306, Axis Silver 1

Sold prices and rental history: sold twice, last in November 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 675K18 November 2024
Current rentAED 50K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Axis Silver 1

What is 306 worth today?

Last sold for AED 675,000 in 2024

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22 Nov 2024RentedNew contract
AED 49,862/yr12 months · AED 61 per sqft
18 Nov 2024SoldReady
AED 675,000AED 828 per sqft
29 Nov 2018Sold by developerReady
AED 748,846AED 918 per sqft
22 Nov 2018RentedNew contract
AED 57,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
3rd of 8
Parking
G-17
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 675K · November 2024

About 306, Axis Silver 1

306 is a one-bedroom apartment of 815 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. It last sold on 18 November 2024 for AED 675,000, or AED 828 per sqft, in line with the AED 807 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 22 November 2024, is AED 49,862 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 306 over time

Sales
Unit 306, 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 2018: AED 748,846 (AED 918 per sqft)Sold, November 2024: AED 675,000 (AED 828 per sqft)

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

Rents
Unit 306, 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, November 2018: AED 57,000 a yearNew contract, November 2024: AED 49,862 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 306 sits

All 120 1-beds →

306 last sold in November 2024 at AED 828 per sqft, in line with what one-beds in Axis Silver 1 were fetching at the time (AED 807). 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. 306's AED 49,862 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
3051-bedAED 788K · Dec 2018
3071-bedAED 690K · Oct 2024
3081-bedAED 721K · Sep 2015
1–7 of 14

306, Axis Silver 1 in numbers

  • Sold twice: first on 29 November 2018 for AED 748,846, last on 18 November 2024 for AED 675,000 (AED 828 per sqft).
  • Rented since November 2018 on 2 Ejari contracts, from AED 57,000 to AED 49,862 a year.
  • At AED 49,862 a year the gross yield on the 2024 price is 7.4%, 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 22 November 2024.

Questions about 306, Axis Silver 1

What did unit 306 last sell for?

AED 675,000 on 18 November 2024: AED 828 per sqft for 815 sqft. The unit has 2 registered sales; the first was AED 748,846 in November 2018.

What is the rent for unit 306?

AED 49,862 a year on the contract signed on 22 November 2024. The previous contract, from November 2018, was AED 57,000.

How big is unit 306?

815 sqft (75.7 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 306 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 306, Axis Silver 1

Starts from the last sale price (AED 675K, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 675,000
Deposit, UAE resident (20%)
AED 135,000
Deposit, non-resident (40%)
AED 270,000
Monthly over 25 years at 3.7%
AED 2,762

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