1-bed · 853 sqftUniversity View A, Dubai Silicon Oasis · 5th floor · completed 2008

502, University View A

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 390K20 March 2023
Current rentAED 43K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, University View A

What is 502 worth today?

Last sold for AED 390,000 in 2023

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5 Apr 2024RentedRenewal
AED 43,000/yr12 months · AED 51 per sqft
5 Apr 2023RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
20 Mar 2023SoldReady
AED 390,000AED 457 per sqft
15 Nov 2021RentedRenewal
AED 29,000/yr12 months · AED 34 per sqft
15 Nov 2020RentedRenewal
AED 29,000/yr12 months · AED 34 per sqft
15 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
13 Nov 2018RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
29 Oct 2012Sold by developerReady
AED 355,000AED 416 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
233
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 390K · March 2023

About 502, University View A

502 is a one-bedroom apartment of 853 sqft on the 5th 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 20 March 2023 for AED 390,000, or AED 457 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 April 2024, is AED 43,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in University View A
400K600K2012201620202024Typical sale price by year: 2012 AED 420,000; 2013 AED 448,576; 2014 AED 550,000; 2015 AED 430,000; 2023 AED 400,000; 2024 AED 487,500; 2025 AED 645,000; 2026 AED 725,000Sold by developer, October 2012: AED 355,000 (AED 416 per sqft)Sold, October 2012: AED 400,000 (AED 469 per sqft)Sold, March 2023: AED 390,000 (AED 457 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in University View A
30K40K50K2012201620202024Typical rent by year: 2012 AED 33,500; 2013 AED 37,500; 2014 AED 43,350; 2015 AED 50,988; 2016 AED 50,475; 2017 AED 51,000; 2018 AED 43,500; 2019 AED 40,000; 2020 AED 32,000; 2021 AED 30,000; 2022 AED 33,000; 2023 AED 36,500; 2024 AED 41,250; 2025 AED 43,373; 2026 AED 47,250New contract, November 2018: AED 42,000 a yearNew contract, November 2019: AED 36,000 a yearRenewal, November 2020: AED 29,000 a yearRenewal, November 2021: AED 29,000 a yearNew contract, April 2023: AED 40,000 a yearRenewal, April 2024: AED 43,000 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 University View A, and where 502 sits

All 34 1-beds →

Over the last 12 months one-beds sold for AED 500,000 to 795,000, around AED 812 per sqft, and rent for AED 32,143 to 78,000 a year. 502's AED 43,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
12 Sep 2026795,000
16 Jul 2026725,000
19 Feb 2026650,000
21 Nov 2025500,000
4 1-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 5th floor

All 136 units in University View A
Value
5012-bedAED 430K · Oct 2013
5032-bedAED 876K · Oct 2013
5041-bedAED 460K · Jun 2024
5052-bedAED 450K · Nov 2013
5062-bedAED 500K · Jun 2024
5072-bedAED 430K · Oct 2013
5082-bedAED 525K · Oct 2018
1–7 of 16

502, University View A in numbers

  • Sold 3 times: first on 29 October 2012 for AED 400,000, last on 20 March 2023 for AED 390,000 (AED 457 per sqft).
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 29,000 in 2021 and recovered to AED 43,000 by April 2024.
  • At AED 43,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
  • One-beds in University View A sold for AED 500,000–795,000 in the 12 months to November 2026; the building's median across all types is AED 798 per sqft.

Source: Dubai Land Department. Updated 5 April 2024.

Questions about 502, University View A

What did unit 502 last sell for?

AED 390,000 on 20 March 2023: AED 457 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 400,000 in October 2012.

What is the rent for unit 502?

AED 43,000 a year on the contract renewed on 5 April 2024. The previous contract, from April 2023, was AED 40,000; the unit has been rented since November 2018.

How big is unit 502?

853 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in University View A sold for AED 500,000 to 795,000 in the last 12 months, around AED 812 per sqft.

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Mortgage on 502, University View A

Starts from the last sale price (AED 390K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

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