1-bed · 811 sqftAxis Silver 1, Dubai Silicon Oasis · 8th floor · completed 2015

811, Axis Silver 1

Sold prices and rental history: sold once, by the developer in November 2018, and rented once, from April 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 811 · DLD and Ejari recordsUpdated 2 April 2019
Last soldAED 685K7 November 2018
Current rentAED 51K /yr2 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 811, Axis Silver 1

What is 811 worth today?

Last sold for AED 685,113 in 2018

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2 Apr 2019RentedNew contract
AED 51,000/yr12 months · AED 63 per sqft
7 Nov 2018Sold by developerReady
AED 685,113AED 844 per sqft

Source: Dubai Land Department. Updated 2 April 2019.

Key facts

Type
1-bed apartment
Size
811 sqft
Floor
8th of 8
Parking
G-75
Developer
Gulf General Investments Co
Completed
2015
Service charge
AED 10,500 /yr
Last sold
AED 685K · November 2018

About 811, Axis Silver 1

811 is a one-bedroom apartment of 811 sqft on the 8th 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 November 2018 for AED 685,113, or AED 844 per sqft, 7% below the AED 912 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 April 2019. The current contract, signed on 2 April 2019, is AED 51,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 811 over time

Sales
Unit 811, 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, November 2018: AED 685,113 (AED 844 per sqft)

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

Rents
Unit 811, 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, April 2019: AED 51,000 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 811 sits

All 120 1-beds →

811 last sold in November 2018 at AED 844 per sqft, 7% below what one-beds in Axis Silver 1 were fetching at the time (AED 912). 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. 811's AED 51,000 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 8th floor

All 120 units in Axis Silver 1
Value
8011-bedAED 694K · Aug 2018
8021-bedAED 825K · Mar 2026
8031-bedAED 750K · Mar 2018
8041-bedAED 682K · Oct 2018
8051-bedAED 760K · Apr 2018
8061-bedAED 694K · Aug 2018
8071-bedAED 685K · Oct 2018
1–7 of 14

811, Axis Silver 1 in numbers

  • Sold once: by Gulf General Investments Co on 7 November 2018 for AED 685,113, or AED 844 per sqft.
  • Rented since April 2019 on one Ejari contract, at AED 51,000 a year.
  • At AED 51,000 a year the gross yield on the 2018 price is 7.4%, 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 2 April 2019.

Questions about 811, Axis Silver 1

What did unit 811 last sell for?

AED 685,113 on 7 November 2018, sold by the developer: AED 844 per sqft for 811 sqft. It is the only registered sale of the unit.

What is the rent for unit 811?

AED 51,000 a year on the contract signed on 2 April 2019.

How big is unit 811?

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

What is unit 811 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 811, Axis Silver 1

Starts from the last sale price (AED 685K, 7 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 685,113
Deposit, UAE resident (20%)
AED 137,023
Deposit, non-resident (40%)
AED 274,045
Monthly over 25 years at 3.7%
AED 2,803

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