1-bed · 811 sqftAxis Silver 1, Dubai Silicon Oasis · 4th floor · completed 2015

409, Axis Silver 1

Sold prices and rental history: sold once, by the developer in August 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 25 November 2025
Last soldAED 644K3 August 2020
Current rentAED 55K /yr25 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Axis Silver 1

What is 409 worth today?

Last sold for AED 643,591 in 2020

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25 Nov 2025RentedRenewal
AED 55,000/yr12 months · AED 68 per sqft
25 Nov 2024RentedNew contract
AED 55,000/yr12 months · AED 68 per sqft
1 Dec 2023RentedRenewal
AED 43,900/yr12 months · AED 54 per sqft
1 Dec 2022RentedRenewal
AED 41,800/yr12 months · AED 52 per sqft
1 Dec 2021RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
15 Aug 2020RentedNew contract
AED 38,000/yr12 months · AED 47 per sqft
3 Aug 2020Sold by developerReady
AED 643,591AED 793 per sqft

Source: Dubai Land Department. Updated 25 November 2025.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
4th of 8
Parking
G-109
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 644K · August 2020

About 409, Axis Silver 1

409 is a one-bedroom apartment of 811 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 3 August 2020 for AED 643,591, or AED 793 per sqft, in line with the AED 793 one-beds in the building were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 25 November 2025, is AED 55,000 a year: a gross yield of 8.6% on the 2020 price, before the service charge of about AED 10,500 a year.

Sales and rents for 409 over time

Sales
Unit 409, 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, August 2020: AED 643,591 (AED 793 per sqft)

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

Rents
Unit 409, 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, August 2020: AED 38,000 a yearNew contract, December 2021: AED 38,000 a yearRenewal, December 2022: AED 41,800 a yearRenewal, December 2023: AED 43,900 a yearNew contract, November 2024: AED 55,000 a yearRenewal, November 2025: 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 409 sits

All 120 1-beds →

409 last sold in August 2020 at AED 793 per sqft, in line with what one-beds in Axis Silver 1 were fetching at the time (AED 793). 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. 409'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 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
4061-bedAED 652K · Sep 2019
4071-bedAED 644K · Jul 2020
1–7 of 14

409, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 3 August 2020 for AED 643,591, or AED 793 per sqft.
  • Rented since August 2020 on 6 Ejari contracts, from AED 38,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2020 price is 8.6%, 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 25 November 2025.

Questions about 409, Axis Silver 1

What did unit 409 last sell for?

AED 643,591 on 3 August 2020, sold by the developer: AED 793 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 55,000 a year on the contract renewed on 25 November 2025. The previous contract, from November 2024, was AED 55,000; the unit has been rented since August 2020.

How big is unit 409?

811 sqft (75.3 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2015.

What is unit 409 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 409, Axis Silver 1

Starts from the last sale price (AED 644K, 3 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 643,591
Deposit, UAE resident (20%)
AED 128,718
Deposit, non-resident (40%)
AED 257,436
Monthly over 25 years at 3.7%
AED 2,633

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