1-bed · 815 sqftAxis Silver 1, Dubai Silicon Oasis · 7th floor · completed 2015

706, Axis Silver 1

Sold prices and rental history: sold 4 times, last in February 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 7 March 2026
Last soldAED 650K26 February 2024
Current rentAED 59K /yr7 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, Axis Silver 1

What is 706 worth today?

Last sold for AED 650,000 in 2024

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7 Mar 2026RentedRenewal
AED 58,500/yr12 months · AED 72 per sqft
7 Mar 2025RentedNew contract
AED 58,500/yr12 months · AED 72 per sqft
7 Mar 2025RentedNew contract
AED 58,500/yr12 months · AED 72 per sqft
26 Feb 2024SoldReady
AED 650,000AED 797 per sqft
16 Aug 2023SoldReady
AED 495,000AED 607 per sqft
14 Jul 2023SoldReady
AED 487,226AED 597 per sqft
1 Jun 2023RentedNew contract
AED 39,000/yr12 months · AED 48 per sqft
1 Jun 2023RentedRenewal
AED 39,000/yr12 months · AED 48 per sqft

Source: Dubai Land Department. Updated 7 March 2026.

Key facts

Type
1-bed apartment
Size
815 sqft
Floor
7th of 8
Parking
G-117
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,600 /yr
Last sold
AED 650K · February 2024

About 706, Axis Silver 1

706 is a one-bedroom apartment of 815 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 26 February 2024 for AED 650,000, or AED 797 per sqft, 31% above the AED 610 one-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 7 March 2026, is AED 58,500 a year: a gross yield of 9.0% on the 2024 price, before the service charge of about AED 10,600 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, May 2018: AED 774,106 (AED 949 per sqft)Sold, July 2023: AED 487,226 (AED 597 per sqft)Sold, August 2023: AED 495,000 (AED 607 per sqft)Sold, February 2024: AED 650,000 (AED 797 per sqft)

706 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 706, 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 2019: AED 46,154 a yearNew contract, June 2022: AED 36,000 a yearNew contract, June 2023: AED 39,000 a yearRenewal, June 2023: AED 39,000 a yearNew contract, March 2025: AED 58,500 a yearNew contract, March 2025: AED 58,500 a yearRenewal, March 2026: AED 58,500 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 706 sits

All 120 1-beds →

706 last sold in February 2024 at AED 797 per sqft, 31% 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. 706's AED 58,500 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 7th floor

All 120 units in Axis Silver 1
Value
7011-bedAED 700K · Nov 2023
7021-bedAED 810K · Sep 2025
7031-bedAED 650K · Feb 2024
7041-bedAED 660K · Jan 2024
7051-bedAED 650K · Feb 2024
7071-bedAED 650K · Feb 2024
7081-bedAED 655K · Jun 2024
1–7 of 14

706, Axis Silver 1 in numbers

  • Sold 4 times: first on 17 May 2018 for AED 774,106, last on 26 February 2024 for AED 650,000 (AED 797 per sqft).
  • Rented since May 2019 on 7 Ejari contracts. The rent fell from AED 46,154 to AED 36,000 in 2022 and recovered to AED 58,500 by March 2026.
  • At AED 58,500 a year the gross yield on the 2024 price is 9.0%, 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 7 March 2026.

Questions about 706, Axis Silver 1

What did unit 706 last sell for?

AED 650,000 on 26 February 2024: AED 797 per sqft for 815 sqft. The unit has 4 registered sales; the first was AED 774,106 in May 2018.

What is the rent for unit 706?

AED 58,500 a year on the contract renewed on 7 March 2026. The previous contract, from March 2025, was AED 58,500; the unit has been rented since May 2019.

How big is unit 706?

815 sqft (75.7 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2015.

What is unit 706 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 706, Axis Silver 1

Starts from the last sale price (AED 650K, 26 February 2024). 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 →