1-bed · 808 sqftAxis Silver 1, Dubai Silicon Oasis · 5th floor · completed 2015

501, Axis Silver 1

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 26 August 2024
Last soldAED 440K15 February 2021
Current rentAED 45K /yr26 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Axis Silver 1

What is 501 worth today?

Last sold for AED 440,000 in 2021

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26 Aug 2024RentedNew contract
AED 45,202/yr12 months · AED 56 per sqft
26 Jun 2022RentedNew contract
AED 41,000/yr12 months · AED 51 per sqft
15 Feb 2021SoldReady
AED 440,000AED 544 per sqft
4 Aug 2019RentedNew contract
AED 47,500/yr12 months · AED 59 per sqft
1 Jun 2018RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft
20 Sep 2015Sold by developerOff-plan
AED 841,520AED 1,041 per sqft

Source: Dubai Land Department. Updated 26 August 2024.

Key facts

Type
1-bed apartment
Size
808 sqft
Floor
5th of 8
Parking
G-05
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 440K · February 2021

About 501, Axis Silver 1

501 is a one-bedroom apartment of 808 sqft on the 5th 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 15 February 2021 for AED 440,000, or AED 544 per sqft, 31% below the AED 793 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 26 August 2024, is AED 45,202 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 10,500 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical one-bed in Axis Silver 1
400K600K800K20152018202120242027Typical 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 2015: AED 841,520 (AED 1,041 per sqft)Sold, February 2021: AED 440,000 (AED 544 per sqft)

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

Rents
Unit 501, 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, June 2018: AED 58,000 a yearNew contract, August 2019: AED 47,500 a yearNew contract, June 2022: AED 41,000 a yearNew contract, August 2024: AED 45,202 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 501 sits

All 120 1-beds →

501 last sold in February 2021 at AED 544 per sqft, 31% below 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. 501's AED 45,202 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 5th floor

All 120 units in Axis Silver 1
Value
5021-bedAED 840K · Oct 2015
5031-bedAED 830K · May 2018
5041-bedAED 730K · Jan 2025
5051-bedAED 660K · Aug 2025
5061-bedAED 841K · Aug 2022
5071-bedAED 806K · Jun 2018
5081-bedAED 750K · Dec 2025
1–7 of 14

501, Axis Silver 1 in numbers

  • Sold twice: first on 20 September 2015 for AED 841,520, last on 15 February 2021 for AED 440,000 (AED 544 per sqft).
  • Rented since June 2018 on 4 Ejari contracts. The rent fell from AED 58,000 to AED 41,000 in 2022 and recovered to AED 45,202 by August 2024.
  • At AED 45,202 a year the gross yield on the 2021 price is 10.3%, 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 26 August 2024.

Questions about 501, Axis Silver 1

What did unit 501 last sell for?

AED 440,000 on 15 February 2021: AED 544 per sqft for 808 sqft. The unit has 2 registered sales; the first was AED 841,520 in September 2015.

What is the rent for unit 501?

AED 45,202 a year on the contract signed on 26 August 2024. The previous contract, from June 2022, was AED 41,000; the unit has been rented since June 2018.

How big is unit 501?

808 sqft (75.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 501 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 501, Axis Silver 1

Starts from the last sale price (AED 440K, 15 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 440,000
Deposit, UAE resident (20%)
AED 88,000
Deposit, non-resident (40%)
AED 176,000
Monthly over 25 years at 3.7%
AED 1,800

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