1-bed · 815 sqftAxis Silver 1, Dubai Silicon Oasis · 4th floor · completed 2015

406, Axis Silver 1

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 15 October 2026
Last soldAED 652K17 September 2019
Current rentAED 52K /yr15 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, Axis Silver 1

What is 406 worth today?

Last sold for AED 652,101 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2026RentedNew contract
AED 52,000/yr12 months · AED 64 per sqft
15 Oct 2025RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
15 Oct 2024RentedRenewal
AED 50,000/yr12 months · AED 61 per sqft
15 Oct 2023RentedNew contract
AED 50,000/yr12 months · AED 61 per sqft
10 Dec 2022RentedNew contract
AED 42,000/yr12 months · AED 52 per sqft
10 Oct 2020RentedNew contract
AED 39,000/yr12 months · AED 48 per sqft
20 Sep 2019RentedNew contract
AED 48,000/yr12 months · AED 59 per sqft
17 Sep 2019Sold by developerReady
AED 652,101AED 799 per sqft

Source: Dubai Land Department. Updated 15 October 2026.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
4th of 8
Parking
G-87
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 652K · September 2019

About 406, Axis Silver 1

406 is a one-bedroom apartment of 815 sqft on the 4th 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 September 2019 for AED 652,101, or AED 799 per sqft, 6% below the AED 853 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, signed on 15 October 2026, is AED 52,000 a year: a gross yield of 8.0% on the 2019 price, before the service charge of about AED 10,600 a year.

Sales and rents for 406 over time

Sales
Unit 406, 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, September 2019: AED 652,101 (AED 799 per sqft)

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

Rents
Unit 406, 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, September 2019: AED 48,000 a yearNew contract, October 2020: AED 39,000 a yearNew contract, December 2022: AED 42,000 a yearNew contract, October 2023: AED 50,000 a yearRenewal, October 2024: AED 50,000 a yearRenewal, October 2025: AED 50,000 a yearNew contract, October 2026: AED 52,000 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 406 sits

All 120 1-beds →

406 last sold in September 2019 at AED 799 per sqft, 6% below what one-beds in Axis Silver 1 were fetching at the time (AED 853). 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. 406's AED 52,000 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 4th floor

All 120 units in Axis Silver 1
Value
4011-bedAED 652K · Oct 2020
4021-bedAED 890K · Aug 2026
4031-bedAED 500K · Jul 2022
4041-bedAED 760K · Jul 2018
4051-bedAED 720K · Feb 2025
4071-bedAED 644K · Jul 2020
4081-bedAED 757K · Aug 2018
1–7 of 14

406, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 17 September 2019 for AED 652,101, or AED 799 per sqft.
  • Rented since September 2019 on 7 Ejari contracts. The rent fell from AED 48,000 to AED 39,000 in 2020 and recovered to AED 52,000 by October 2026.
  • At AED 52,000 a year the gross yield on the 2019 price is 8.0%, 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 15 October 2026.

Questions about 406, Axis Silver 1

What did unit 406 last sell for?

AED 652,101 on 17 September 2019, sold by the developer: AED 799 per sqft for 815 sqft. It is the only registered sale of the unit.

What is the rent for unit 406?

AED 52,000 a year on the contract signed on 15 October 2026. The previous contract, from October 2025, was AED 50,000; the unit has been rented since September 2019.

How big is unit 406?

815 sqft (75.7 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 406 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.

Selling 406? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 406, Axis Silver 1

Starts from the last sale price (AED 652K, 17 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 652,101
Deposit, UAE resident (20%)
AED 130,420
Deposit, non-resident (40%)
AED 260,840
Monthly over 25 years at 3.7%
AED 2,668

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