701, Axis Silver 1
Sold prices and rental history: sold 4 times, last in November 2023, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Axis Silver 1
What is 701 worth today?
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Source: Dubai Land Department. Updated 1 November 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 808 sqft
- Floor
- 7th of 8
- Parking
- G-116
- Developer
- Gulf General Investments Co
- Completed
- 2015
- Service charge
- AED 10,500 /yr
- Last sold
- AED 700K · November 2023
- Building
- Axis Silver 1
About 701, Axis Silver 1
701 is a one-bedroom apartment of 808 sqft on the 7th floor of Axis Silver 1, a 8-storey tower in Dubai Silicon Oasis completed in 2015 by Gulf General Investments Co. It last sold on 1 November 2023 for AED 700,000, or AED 866 per sqft, 42% above the AED 610 one-beds in the building were fetching at the time.
It has been rented since 2019 on 3 Ejari contracts. The current contract, signed on 25 May 2022, is AED 38,000 a year: a gross yield of 5.4% on the 2023 price, before the service charge of about AED 10,500 a year.
Sales and rents for 701 over time
701 has sold 4 times; 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 701 sits
All 120 1-beds →701 last sold in November 2023 at AED 866 per sqft, 42% above what one-beds in Axis Silver 1 were fetching at the time (AED 610). 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. 701's AED 38,000 is at the bottom 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 7th floor
All 120 units in Axis Silver 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 1-bed | 807 sqft | AED 810KAED 810,000 · Sep 2025September 2025 | 62,000 /yr | |
| 703 | 1-bed | 811 sqft | AED 650KAED 650,000 · Feb 2024February 2024 | 59,500 /yr | |
| 704 | 1-bed | 816 sqft | AED 660KAED 660,000 · Jan 2024January 2024 | 36,000 /yr | |
| 705 | 1-bed | 814 sqft | AED 650KAED 650,000 · Feb 2024February 2024 | 61,000 /yr | |
| 706 | 1-bed | 815 sqft | AED 650KAED 650,000 · Feb 2024February 2024 | 58,500 /yr | |
| 707 | 1-bed | 811 sqft | AED 650KAED 650,000 · Feb 2024February 2024 | 58,000 /yr | |
| 708 | 1-bed | 817 sqft | AED 655KAED 655,000 · Jun 2024June 2024 | 63,000 /yr | |
| 709 | 1-bed | 811 sqft | AED 666KAED 666,000 · Jan 2024January 2024 | 35,000 /yr | |
| 710 | 1-bed | 811 sqft | AED 660KAED 660,000 · May 2024May 2024 | 40,000 /yr | |
| 711 | 1-bed | 811 sqft | AED 650KAED 650,000 · Aug 2024August 2024 | 60,000 /yr | |
| 712 | 1-bed | 811 sqft | AED 670KAED 670,000 · Nov 2023November 2023 | 60,000 /yr | |
| 713 | 1-bed | 811 sqft | AED 660KAED 660,000 · Jan 2024January 2024 | 45,000 /yr | |
| 714 | 1-bed | 812 sqft | AED 655KAED 655,000 · Apr 2024April 2024 | 40,000 /yr | |
| 715 | 1-bed | 810 sqft | AED 650KAED 650,000 · May 2024May 2024 | 62,000 /yr |
701, Axis Silver 1 in numbers
- Sold 4 times: first on 15 October 2018 for AED 774,198, last on 1 November 2023 for AED 700,000 (AED 866 per sqft).
- Rented since June 2019 on 3 Ejari contracts, from AED 49,000 to AED 38,000 a year.
- At AED 38,000 a year the gross yield on the 2023 price is 5.4%, 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 1 November 2023.
Questions about 701, Axis Silver 1
What did unit 701 last sell for?
AED 700,000 on 1 November 2023: AED 866 per sqft for 808 sqft. The unit has 4 registered sales; the first was AED 774,198 in October 2018.
What is the rent for unit 701?
AED 38,000 a year on the contract signed on 25 May 2022. The previous contract, from May 2020, was AED 42,000; the unit has been rented since June 2019.
How big is unit 701?
808 sqft (75.1 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.
What is unit 701 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 701, Axis Silver 1
Starts from the last sale price (AED 700K, 1 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →