1-bed · 811 sqftAxis Silver 1, Dubai Silicon Oasis · 5th floor · completed 2015

507, Axis Silver 1

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

Unit 507 · DLD and Ejari recordsUpdated 25 July 2018
Last soldAED 806K19 June 2018
Current rentAED 58K /yr25 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Axis Silver 1

What is 507 worth today?

Last sold for AED 805,527 in 2018

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25 Jul 2018RentedNew contract
AED 58,000/yr12 months · AED 72 per sqft
19 Jun 2018Sold by developerReady
AED 805,527AED 993 per sqft

Source: Dubai Land Department. Updated 25 July 2018.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
5th of 8
Parking
G-92
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 806K · June 2018

About 507, Axis Silver 1

507 is a one-bedroom apartment of 811 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 19 June 2018 for AED 805,527, or AED 993 per sqft, 9% above the AED 914 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2018. The current contract, signed on 25 July 2018, is AED 58,000 a year: a gross yield of 7.2% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 507 over time

Sales
Unit 507, 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, June 2018: AED 805,527 (AED 993 per sqft)

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

Rents
Unit 507, 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, July 2018: AED 58,000 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 507 sits

All 120 1-beds →

507 last sold in June 2018 at AED 993 per sqft, 9% above 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. 507's AED 58,000 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 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
5061-bedAED 841K · Aug 2022
5081-bedAED 750K · Dec 2025
1–7 of 14

507, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 19 June 2018 for AED 805,527, or AED 993 per sqft.
  • Rented since July 2018 on one Ejari contract, at AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2018 price is 7.2%, 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 July 2018.

Questions about 507, Axis Silver 1

What did unit 507 last sell for?

AED 805,527 on 19 June 2018, sold by the developer: AED 993 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 58,000 a year on the contract signed on 25 July 2018.

How big is unit 507?

811 sqft (75.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2015.

What is unit 507 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 507, Axis Silver 1

Starts from the last sale price (AED 806K, 19 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 805,527
Deposit, UAE resident (20%)
AED 161,105
Deposit, non-resident (40%)
AED 322,211
Monthly over 25 years at 3.7%
AED 3,296

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