2-bed · 853 sqftUniversity View A, Dubai Silicon Oasis · 1st floor · completed 2008

116, University View A

Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 570K13 December 2016
Current rentAED 30K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, University View A

What is 116 worth today?

Last sold for AED 570,000 in 2016

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30 Sep 2024RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
30 Sep 2023RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
13 Dec 2016SoldReady
AED 570,000AED 668 per sqft
3 Jul 2016RentedRenewal
AED 52,000/yr12 months · AED 61 per sqft
3 Jul 2015RentedNew contract
AED 46,800/yr12 months · AED 55 per sqft
3 Jul 2014RentedNew contract
AED 42,550/yr12 months · AED 50 per sqft
25 Feb 2014SoldReady
AED 660,000AED 773 per sqft
3 Jul 2013RentedNew contract
AED 37,000/yr12 months · AED 43 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
1st of 8
Parking
16
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 570K · December 2016

About 116, University View A

116 is a two-bedroom apartment of 853 sqft on the 1st floor of University View A, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development . It last sold on 13 December 2016 for AED 570,000, or AED 668 per sqft, in line with the AED 680 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 30 September 2024, is AED 30,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 9,100 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in University View A
400K600K800K2009201420192024Typical sale price by year: 2009 AED 480,000; 2010 AED 450,000; 2011 AED 415,000; 2012 AED 465,000; 2013 AED 450,000; 2014 AED 662,395; 2015 AED 796,160; 2016 AED 580,000; 2017 AED 547,500; 2018 AED 515,000; 2019 AED 420,498; 2020 AED 358,500; 2021 AED 392,715; 2024 AED 470,000; 2025 AED 630,000Sold by developer, November 2012: AED 600,000 (AED 703 per sqft)Sold, February 2014: AED 660,000 (AED 773 per sqft)Sold, December 2016: AED 570,000 (AED 668 per sqft)

116 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 116, each contractTypical two-bed in University View A
40K60K20112015201920232027Typical rent by year: 2011 AED 33,000; 2012 AED 35,750; 2013 AED 37,500; 2014 AED 43,485; 2015 AED 53,312; 2016 AED 56,421; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 31,500; 2022 AED 34,500; 2023 AED 39,600; 2024 AED 43,560; 2025 AED 46,000; 2026 AED 46,725New contract, July 2013: AED 37,000 a yearNew contract, July 2014: AED 42,550 a yearNew contract, July 2015: AED 46,800 a yearRenewal, July 2016: AED 52,000 a yearNew contract, September 2023: AED 30,000 a yearRenewal, September 2024: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in University View A, and where 116 sits

All 98 2-beds →

116 last sold in December 2016 at AED 668 per sqft, in line with what two-beds in University View A were fetching at the time (AED 680). 116's AED 30,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jun 2025630,000
14 May 2025935,000
27 Mar 2025500,000
10 Jun 2024500,000
0 2-bed sales in the last 12 months

University View A

Building

136 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2008 by Vakson First Property Development . 5 sold in the last 12 months.

Typical price per sqft
AED 798
Typical sale
AED 650K
Typical rent
AED 47K /yr
Typical yield
7.4%
University View A, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 136 units in University View A
Value
1012-bedAED 400K · Jan 2023
1022-bedAED 500K · Dec 2016
1032-bedAED 825K · Oct 2013
1042-bedAED 500K · Mar 2018
1052-bedAED 460K · Jun 2013
1062-bedAED 750K · Nov 2010
1072-bedAED 500K · Mar 2018
1–7 of 16

116, University View A in numbers

  • Sold 3 times: first on 19 November 2012 for AED 600,000, last on 13 December 2016 for AED 570,000 (AED 668 per sqft).
  • Rented since July 2013 on 6 Ejari contracts, from AED 37,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 30 September 2024.

Questions about 116, University View A

What did unit 116 last sell for?

AED 570,000 on 13 December 2016: AED 668 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 600,000 in November 2012.

What is the rent for unit 116?

AED 30,000 a year on the contract renewed on 30 September 2024. The previous contract, from September 2023, was AED 30,000; the unit has been rented since July 2013.

How big is unit 116?

853 sqft (79.2 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2008.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 116, University View A

Starts from the last sale price (AED 570K, 13 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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