1-bed · 811 sqftAxis Silver 1, Dubai Silicon Oasis · 6th floor · completed 2015

603, Axis Silver 1

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

Unit 603 · DLD and Ejari recordsUpdated 4 June 2018
Last soldAED 731K4 June 2018
Current rentAED 60K /yr31 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Axis Silver 1

What is 603 worth today?

Last sold for AED 730,787 in 2018

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4 Jun 2018Sold by developerReady
AED 730,787AED 900 per sqft
31 May 2018RentedNew contract
AED 60,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 4 June 2018.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
6th of 8
Parking
G-30
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 731K · June 2018

About 603, Axis Silver 1

603 is a one-bedroom apartment of 811 sqft on the 6th 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 4 June 2018 for AED 730,787, or AED 900 per sqft, in line with the AED 903 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 May 2018. The current contract, signed on 31 May 2018, is AED 60,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 603 over time

Sales
Unit 603, 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 730,787 (AED 900 per sqft)

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

Rents
Unit 603, 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 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 603 sits

All 120 1-beds →

603 last sold in June 2018 at AED 900 per sqft, in line with what one-beds in Axis Silver 1 were fetching at the time (AED 903). 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. 603'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 6th floor

All 120 units in Axis Silver 1
Value
6011-bedAED 741K · Oct 2018
6021-bedAED 739K · May 2018
6041-bedAED 728K · Sep 2018
6051-bedAED 504K · Mar 2025
6061-bedAED 652K · Aug 2019
6071-bedAED 789K · Jan 2023
6081-bedAED 650K · Aug 2023
1–7 of 14

603, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 4 June 2018 for AED 730,787, or AED 900 per sqft.
  • Rented since May 2018 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2018 price is 8.2%, 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 4 June 2018.

Questions about 603, Axis Silver 1

What did unit 603 last sell for?

AED 730,787 on 4 June 2018, sold by the developer: AED 900 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 603?

AED 60,000 a year on the contract signed on 31 May 2018.

How big is unit 603?

811 sqft (75.3 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.

What is unit 603 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 603, Axis Silver 1

Starts from the last sale price (AED 731K, 4 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 730,787
Deposit, UAE resident (20%)
AED 146,157
Deposit, non-resident (40%)
AED 292,315
Monthly over 25 years at 3.7%
AED 2,990

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