1-bed · 810 sqftAxis Silver 1, Dubai Silicon Oasis · 3rd floor · completed 2015

315, Axis Silver 1

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

Unit 315 · DLD and Ejari recordsUpdated 17 July 2024
Last soldAED 739K19 June 2018
Current rentAED 55K /yr17 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, Axis Silver 1

What is 315 worth today?

Last sold for AED 739,121 in 2018

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17 Jul 2024RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
10 Jul 2022RentedNew contract
AED 41,000/yr12 months · AED 51 per sqft
23 Feb 2021RentedNew contract
AED 56,000/yr12 months · AED 69 per sqft
23 Jul 2020RentedNew contract
AED 56,000/yr12 months · AED 69 per sqft
10 Jul 2019RentedNew contract
AED 56,000/yr12 months · AED 69 per sqft
10 Jul 2018RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft
19 Jun 2018Sold by developerReady
AED 739,121AED 912 per sqft

Source: Dubai Land Department. Updated 17 July 2024.

Key facts

Type
1-bed apartment
Size
810 sqft
Floor
3rd of 8
Parking
G-21
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 739K · June 2018

About 315, Axis Silver 1

315 is a one-bedroom apartment of 810 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 19 June 2018 for AED 739,121, or AED 912 per sqft, in line with the AED 914 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 17 July 2024, is AED 55,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, June 2018: AED 739,121 (AED 912 per sqft)

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

Rents
Unit 315, 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, July 2018: AED 58,000 a yearNew contract, July 2019: AED 56,000 a yearNew contract, July 2020: AED 56,000 a yearNew contract, February 2021: AED 56,000 a yearNew contract, July 2022: AED 41,000 a yearNew contract, July 2024: AED 55,000 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 315 sits

All 120 1-beds →

315 last sold in June 2018 at AED 912 per sqft, in line with 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. 315's AED 55,000 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
3051-bedAED 788K · Dec 2018
3061-bedAED 675K · Nov 2024
3071-bedAED 690K · Oct 2024
1–7 of 14

315, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 19 June 2018 for AED 739,121, or AED 912 per sqft.
  • Rented since July 2018 on 6 Ejari contracts. The rent fell from AED 58,000 to AED 41,000 in 2022 and recovered to AED 55,000 by July 2024.
  • At AED 55,000 a year the gross yield on the 2018 price is 7.4%, 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 17 July 2024.

Questions about 315, Axis Silver 1

What did unit 315 last sell for?

AED 739,121 on 19 June 2018, sold by the developer: AED 912 per sqft for 810 sqft. It is the only registered sale of the unit.

What is the rent for unit 315?

AED 55,000 a year on the contract signed on 17 July 2024. The previous contract, from July 2022, was AED 41,000; the unit has been rented since July 2018.

How big is unit 315?

810 sqft (75.3 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2015.

What is unit 315 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 315, Axis Silver 1

Starts from the last sale price (AED 739K, 19 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 739,121
Deposit, UAE resident (20%)
AED 147,824
Deposit, non-resident (40%)
AED 295,648
Monthly over 25 years at 3.7%
AED 3,024

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