608, Axis Silver 1
Sold prices and rental history: sold once, by the developer in August 2023, and rented once, from September 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, Axis Silver 1
What is 608 worth today?
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Source: Dubai Land Department. Updated 20 September 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 817 sqft
- Floor
- 6th of 8
- Parking
- G-39
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,600 /yr
- Last sold
- AED 650K · August 2023
- Building
- Axis Silver 1
About 608, Axis Silver 1
608 is a one-bedroom apartment of 817 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 7 August 2023 for AED 650,000, or AED 795 per sqft, 32% above the AED 604 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 September 2023. The current contract, signed on 20 September 2023, is AED 48,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 10,600 a year.
Sales and rents for 608 over time
608 has sold once; the dashed line is the one-bed median of each year in the building.
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 608 sits
All 120 1-beds →608 last sold in August 2023 at AED 795 per sqft, 32% above what one-beds in Axis Silver 1 were fetching at the time (AED 604). 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. 608's AED 48,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Aug 202619 August 2026 | 807 sqft | 890,000 | 1,103 | ||
| 20 Apr 202620 April 2026 | 812 sqft | 800,000 | 985 | ||
| 4 Mar 20264 March 2026 | 807 sqft | 825,000 | 1,022 | ||
| 16 Feb 202616 February 2026 | 812 sqft | 850,000 | 1,047 |
Axis Silver 1
Building120 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%
Other units on the 6th floor
All 120 units in Axis Silver 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 1-bed | 808 sqft | AED 741KAED 740,538 · Oct 2018October 2018 | 48,915 /yr | |
| 602 | 1-bed | 807 sqft | AED 739KAED 739,129 · May 2018May 2018 | 54,000 /yr | |
| 603 | 1-bed | 811 sqft | AED 731KAED 730,787 · Jun 2018June 2018 | 60,000 /yr | |
| 604 | 1-bed | 816 sqft | AED 728KAED 727,945 · Sep 2018September 2018 | 47,297 /yr | |
| 605 | 1-bed | 814 sqft | AED 504KAED 504,000 · Mar 2025March 2025 | 65,000 /yr | |
| 606 | 1-bed | 815 sqft | AED 652KAED 652,101 · Aug 2019August 2019 | 49,350 /yr | |
| 607 | 1-bed | 811 sqft | AED 789KAED 788,918 · Jan 2023January 2023 | 59,000 /yr | |
| 609 | 1-bed | 811 sqft | AED 789KAED 788,918 · Jan 2023January 2023 | 65,000 /yr | |
| 610 | 1-bed | 811 sqft | AED 640KAED 640,000 · Jul 2024July 2024 | 36,000 /yr | |
| 611 | 1-bed | 811 sqft | AED 800KAED 800,000 · Feb 2026February 2026 | 45,000 /yr | |
| 612 | 1-bed | 811 sqft | AED 485KAED 485,000 · May 2021May 2021 | 48,620 /yr | |
| 613 | 1-bed | 811 sqft | AED 610KAED 610,000 · Feb 2024February 2024 | ||
| 614 | 1-bed | 812 sqft | AED 850KAED 850,000 · Feb 2026February 2026 | ||
| 615 | 1-bed | 810 sqft | AED 500KAED 500,000 · Jun 2021June 2021 |
608, Axis Silver 1 in numbers
- Sold once: by Gulf General Investments Co on 7 August 2023 for AED 650,000, or AED 795 per sqft.
- Rented since September 2023 on one Ejari contract, at AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 10,600 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 20 September 2023.
Questions about 608, Axis Silver 1
What did unit 608 last sell for?
AED 650,000 on 7 August 2023, sold by the developer: AED 795 per sqft for 817 sqft. It is the only registered sale of the unit.
What is the rent for unit 608?
AED 48,000 a year on the contract signed on 20 September 2023.
How big is unit 608?
817 sqft (75.9 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2015.
What is unit 608 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 608, Axis Silver 1
Starts from the last sale price (AED 650K, 7 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →