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2-bed · 914 sqftUniversity View A, Dubai Silicon Oasis · 5th floor · completed 2008

506, University View A

Sold prices and rental history: sold twice, last in June 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 500K10 June 2024
Current rentAED 50K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, University View A

What is 506 worth today?

Last sold for AED 500,000 in 2024

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10 Jun 2024SoldReady
AED 500,000AED 546 per sqft
5 Jun 2024RentedNew contract
AED 49,944/yr11 months · AED 55 per sqft
15 May 2024RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
14 Jul 2023RentedNew contract · flagged as an outlier
AED 10,000/yr60 months · AED 11 per sqft
8 Jan 2012Sold by developerReady
AED 639,989AED 699 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
5th of 8
Parking
237
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,800 /yr
Last sold
AED 500K · June 2024
Building
University View A

About 506, University View A

506 is a two-bedroom apartment of 914 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 10 June 2024 for AED 500,000, or AED 546 per sqft, in line with the AED 551 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 5 June 2024, is AED 49,944 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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, January 2012: AED 639,989 (AED 699 per sqft)Sold, June 2024: AED 500,000 (AED 546 per sqft)

506 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 506, 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, May 2024: AED 50,000 a yearNew contract, June 2024: AED 49,944 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 506 sits

All 98 2-beds →

506 last sold in June 2024 at AED 546 per sqft, in line with what two-beds in University View A were fetching at the time (AED 551). 506's AED 49,944 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jun 2025630,000
14 May 2025935,000
27 Mar 2025500,000
20 May 2024470,000
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 5th floor

All 136 units in University View A
Value
5012-bedAED 430K · Oct 2013
5021-bedAED 390K · Mar 2023
5032-bedAED 876K · Oct 2013
5041-bedAED 460K · Jun 2024
5052-bedAED 450K · Nov 2013
5072-bedAED 430K · Oct 2013
5082-bedAED 525K · Oct 2018
1–7 of 16

506, University View A in numbers

  • Sold twice: first on 8 January 2012 for AED 639,989, last on 10 June 2024 for AED 500,000 (AED 546 per sqft).
  • Rented since July 2023 on 3 Ejari contracts, from AED 10,000 to AED 49,944 a year.
  • At AED 49,944 a year the gross yield on the 2024 price is 10.0%, before a service charge of about AED 9,800 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 10 June 2024.

Questions about 506, University View A

What did unit 506 last sell for?

AED 500,000 on 10 June 2024: AED 546 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 639,989 in January 2012.

What is the rent for unit 506?

AED 49,944 a year on the contract signed on 5 June 2024. The previous contract, from May 2024, was AED 50,000; the unit has been rented since July 2023.

How big is unit 506?

914 sqft (84.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 506 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 506, University View A

Starts from the last sale price (AED 500K, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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