1-bed · 815 sqftAxis Silver 1, Dubai Silicon Oasis · 5th floor · completed 2015

506, Axis Silver 1

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 24 August 2022
Last soldAED 841K24 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Axis Silver 1

What is 506 worth today?

Last sold for AED 841,420 in 2022

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24 Aug 2022Sold by developerReady
AED 841,420AED 1,032 per sqft

Source: Dubai Land Department. Updated 24 August 2022.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
5th of 8
Parking
G-06
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 841K · August 2022

About 506, Axis Silver 1

506 is a one-bedroom apartment of 815 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 24 August 2022 for AED 841,420, or AED 1,032 per sqft, 71% above the AED 602 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, 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 2022: AED 841,420 (AED 1,032 per sqft)

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

Rents
Unit 506, 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 59,250

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 506 sits

All 120 1-beds →

506 last sold in August 2022 at AED 1,032 per sqft, 71% above what one-beds in Axis Silver 1 were fetching at the time (AED 602). 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.

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
5021-bedAED 840K · Oct 2015
5031-bedAED 830K · May 2018
5041-bedAED 730K · Jan 2025
5051-bedAED 660K · Aug 2025
5071-bedAED 806K · Jun 2018
5081-bedAED 750K · Dec 2025
1–7 of 14

506, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 24 August 2022 for AED 841,420, or AED 1,032 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 24 August 2022.

Questions about 506, Axis Silver 1

What did unit 506 last sell for?

AED 841,420 on 24 August 2022, sold by the developer: AED 1,032 per sqft for 815 sqft. It is the only registered sale of the unit.

How big is unit 506?

815 sqft (75.7 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 506 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 506, Axis Silver 1

Starts from the last sale price (AED 841K, 24 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 841,420
Deposit, UAE resident (20%)
AED 168,284
Deposit, non-resident (40%)
AED 336,568
Monthly over 25 years at 3.7%
AED 3,443

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