1-bed · 807 sqftAxis Silver 1, Dubai Silicon Oasis · 5th floor · completed 2015

502, Axis Silver 1

Sold prices and rental history: sold once, by the developer in October 2015, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 10 May 2026
Last soldAED 840K18 October 2015
Current rentAED 60K /yr10 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Axis Silver 1

What is 502 worth today?

Last sold for AED 839,920 in 2015

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10 May 2026RentedRenewal
AED 60,000/yr12 months · AED 74 per sqft
10 May 2025RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
10 May 2025RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft
25 May 2024RentedRenewal
AED 42,000/yr12 months · AED 52 per sqft
25 May 2023RentedRenewal
AED 40,000/yr12 months · AED 50 per sqft
25 May 2022RentedRenewal
AED 38,000/yr12 months · AED 47 per sqft
25 May 2021RentedNew contract
AED 36,000/yr12 months · AED 45 per sqft
10 May 2019RentedRenewal
AED 52,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 10 May 2026.

Key facts

Type
1-bed apartment
Size
807 sqft
Floor
5th of 8
Parking
G-07
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 840K · October 2015

About 502, Axis Silver 1

502 is a one-bedroom apartment of 807 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. The developer sold it on 18 October 2015 for AED 839,920, or AED 1,041 per sqft, 4% above the AED 999 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 10 May 2026, is AED 60,000 a year: a gross yield of 7.1% on the 2015 price, before the service charge of about AED 10,500 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, October 2015: AED 839,920 (AED 1,041 per sqft)

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

Rents
Unit 502, 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, May 2018: AED 57,000 a yearRenewal, May 2019: AED 52,000 a yearNew contract, May 2021: AED 36,000 a yearRenewal, May 2022: AED 38,000 a yearRenewal, May 2023: AED 40,000 a yearRenewal, May 2024: AED 42,000 a yearNew contract, May 2025: AED 60,000 a yearNew contract, May 2025: AED 60,000 a yearRenewal, May 2026: AED 60,000 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 502 sits

All 120 1-beds →

502 last sold in October 2015 at AED 1,041 per sqft, 4% above what one-beds in Axis Silver 1 were fetching at the time (AED 999). 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. 502's AED 60,000 is in the upper 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
5011-bedAED 440K · Feb 2021
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

502, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 18 October 2015 for AED 839,920, or AED 1,041 per sqft.
  • Rented since May 2018 on 9 Ejari contracts. The rent fell from AED 57,000 to AED 36,000 in 2021 and recovered to AED 60,000 by May 2026.
  • At AED 60,000 a year the gross yield on the 2015 price is 7.1%, 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 10 May 2026.

Questions about 502, Axis Silver 1

What did unit 502 last sell for?

AED 839,920 on 18 October 2015, sold by the developer: AED 1,041 per sqft for 807 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 60,000 a year on the contract renewed on 10 May 2026. The previous contract, from May 2025, was AED 60,000; the unit has been rented since May 2018.

How big is unit 502?

807 sqft (75.0 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 502 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 502, Axis Silver 1

Starts from the last sale price (AED 840K, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 839,920
Deposit, UAE resident (20%)
AED 167,984
Deposit, non-resident (40%)
AED 335,968
Monthly over 25 years at 3.7%
AED 3,436

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