408, Axis Silver 1
Sold prices and rental history: sold once, by the developer in August 2018, 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 408, Axis Silver 1
What is 408 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 3 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 4th of 8
- Parking
- G-15
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,600 /yr
- Last sold
- AED 757K · August 2018
- Building
- Axis Silver 1
About 408, Axis Silver 1
408 is a one-bedroom apartment of 817 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 1 August 2018 for AED 757,440, or AED 927 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 9 Ejari contracts. The current contract, renewed on 3 July 2026, is AED 60,000 a year: a gross yield of 7.9% on the 2018 price, before the service charge of about AED 10,600 a year.
Sales and rents for 408 over time
408 has sold once; 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 408 sits
All 120 1-beds →408 last sold in August 2018 at AED 927 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. 408's AED 60,000 is in the upper 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 4th floor
All 120 units in Axis Silver 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 808 sqft | AED 652KAED 652,178 · Oct 2020October 2020 | 60,000 /yr | |
| 402 | 1-bed | 807 sqft | AED 890KAED 890,000 · Aug 2026August 2026 | 65,000 /yr | |
| 403 | 1-bed | 811 sqft | AED 500KAED 500,000 · Jul 2022July 2022 | ||
| 404 | 1-bed | 816 sqft | AED 760KAED 760,206 · Jul 2018July 2018 | 65,000 /yr | |
| 405 | 1-bed | 814 sqft | AED 720KAED 720,000 · Feb 2025February 2025 | 41,000 /yr | |
| 406 | 1-bed | 815 sqft | AED 652KAED 652,101 · Sep 2019September 2019 | 52,000 /yr | |
| 407 | 1-bed | 811 sqft | AED 644KAED 643,591 · Jul 2020July 2020 | 60,000 /yr | |
| 409 | 1-bed | 811 sqft | AED 644KAED 643,591 · Aug 2020August 2020 | 55,000 /yr | |
| 410 | 1-bed | 811 sqft | AED 644KAED 643,591 · Aug 2020August 2020 | 62,000 /yr | |
| 411 | 1-bed | 811 sqft | AED 450KAED 450,000 · Oct 2020October 2020 | 48,000 /yr | |
| 412 | 1-bed | 811 sqft | AED 545KAED 545,000 · Jan 2023January 2023 | 45,000 /yr | |
| 413 | 1-bed | 811 sqft | AED 763KAED 763,174 · Sep 2018September 2018 | 62,000 /yr | |
| 414 | 1-bed | 812 sqft | AED 646KAED 645,598 · Aug 2019August 2019 | ||
| 415 | 1-bed | 810 sqft | AED 790KAED 790,000 · Sep 2025September 2025 | 75,000 /yr |
408, Axis Silver 1 in numbers
- Sold once: by Gulf General Investments Co on 1 August 2018 for AED 757,440, or AED 927 per sqft.
- Rented since September 2018 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 36,000 in 2021 and recovered to AED 60,000 by July 2026.
- At AED 60,000 a year the gross yield on the 2018 price is 7.9%, 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 3 July 2026.
Questions about 408, Axis Silver 1
What did unit 408 last sell for?
AED 757,440 on 1 August 2018, sold by the developer: AED 927 per sqft for 817 sqft. It is the only registered sale of the unit.
What is the rent for unit 408?
AED 60,000 a year on the contract renewed on 3 July 2026. The previous contract, from July 2025, was AED 57,000; the unit has been rented since September 2018.
How big is unit 408?
817 sqft (75.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.
What is unit 408 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 408? 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.
Mortgage on 408, Axis Silver 1
Starts from the last sale price (AED 757K, 1 August 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 757,440
- Deposit, UAE resident (20%)
- AED 151,488
- Deposit, non-resident (40%)
- AED 302,976
- Monthly over 25 years at 3.7%
- AED 3,099
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →