311, Axis Silver 1
Sold prices and rental history: sold twice, last in September 2022, 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 311, Axis Silver 1
What is 311 worth today?
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Source: Dubai Land Department. Updated 7 September 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 811 sqft
- Floor
- 3rd of 8
- Parking
- G-27
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,500 /yr
- Last sold
- AED 520K · September 2022
- Building
- Axis Silver 1
About 311, Axis Silver 1
311 is a one-bedroom apartment of 811 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 7 September 2022 for AED 520,000, or AED 641 per sqft, 4% above the AED 616 one-beds in the building were fetching at the time.
It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 7 July 2021, is AED 42,500 a year: a gross yield of 8.2% on the 2022 price, before the service charge of about AED 10,500 a year.
Sales and rents for 311 over time
311 has sold twice; 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 311 sits
All 120 1-beds →311 last sold in September 2022 at AED 641 per sqft, 4% above what one-beds in Axis Silver 1 were fetching at the time (AED 616). 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. 311's AED 42,500 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 3rd floor
All 120 units in Axis Silver 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 1-bed | 808 sqft | AED 795KAED 795,236 · Jul 2018July 2018 | 43,000 /yr | |
| 302 | 1-bed | 807 sqft | AED 794KAED 793,724 · Nov 2016November 2016 | 58,000 /yr | |
| 303 | 1-bed | 811 sqft | AED 772KAED 772,309 · Jan 2019January 2019 | 60,000 /yr | |
| 304 | 1-bed | 816 sqft | AED 650KAED 650,000 · Dec 2024December 2024 | 61,000 /yr | |
| 305 | 1-bed | 814 sqft | AED 788KAED 787,831 · Dec 2018December 2018 | 40,000 /yr | |
| 306 | 1-bed | 815 sqft | AED 675KAED 675,000 · Nov 2024November 2024 | 49,862 /yr | |
| 307 | 1-bed | 811 sqft | AED 690KAED 690,000 · Oct 2024October 2024 | 67,000 /yr | |
| 308 | 1-bed | 817 sqft | AED 721KAED 721,175 · Sep 2015September 2015 | 50,000 /yr | |
| 309 | 1-bed | 811 sqft | AED 730KAED 730,000 · Mar 2025March 2025 | 38,000 /yr | |
| 310 | 1-bed | 811 sqft | AED 580KAED 580,000 · May 2023May 2023 | 55,000 /yr | |
| 312 | 1-bed | 811 sqft | AED 700KAED 700,000 · Sep 2018September 2018 | 65,000 /yr | |
| 313 | 1-bed | 811 sqft | AED 727KAED 726,635 · Sep 2015September 2015 | 53,000 /yr | |
| 314 | 1-bed | 812 sqft | AED 646KAED 645,598 · Apr 2021April 2021 | 62,000 /yr | |
| 315 | 1-bed | 810 sqft | AED 739KAED 739,121 · Jun 2018June 2018 | 55,000 /yr |
311, Axis Silver 1 in numbers
- Sold twice: first on 25 March 2018 for AED 730,787, last on 7 September 2022 for AED 520,000 (AED 641 per sqft).
- Rented since May 2018 on 4 Ejari contracts, from AED 60,000 to AED 42,500 a year.
- At AED 42,500 a year the gross yield on the 2022 price is 8.2%, before a service charge of about AED 10,500 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 7 September 2022.
Questions about 311, Axis Silver 1
What did unit 311 last sell for?
AED 520,000 on 7 September 2022: AED 641 per sqft for 811 sqft. The unit has 2 registered sales; the first was AED 730,787 in March 2018.
What is the rent for unit 311?
AED 42,500 a year on the contract renewed on 7 July 2021. The previous contract, from July 2020, was AED 45,000; the unit has been rented since May 2018.
How big is unit 311?
811 sqft (75.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.
What is unit 311 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 311, Axis Silver 1
Starts from the last sale price (AED 520K, 7 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 520,000
- Deposit, UAE resident (20%)
- AED 104,000
- Deposit, non-resident (40%)
- AED 208,000
- Monthly over 25 years at 3.7%
- AED 2,127
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →