516, University View A
Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, University View A
What is 516 worth today?
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Source: Dubai Land Department. Updated 12 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 853 sqft
- Floor
- 5th of 8
- Parking
- 248
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 430K · October 2013
- Building
- University View A
About 516, University View A
516 is a two-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 . The developer sold it on 2 October 2013 for AED 430,000, or AED 504 per sqft, in line with the AED 504 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 12 October 2024, is AED 42,350 a year: a gross yield of 9.8% on the 2013 price, before the service charge of about AED 9,100 a year.
Sales and rents for 516 over time
516 has sold once; the dashed line is the two-bed median of each year in the building.
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 516 sits
All 98 2-beds →516 last sold in October 2013 at AED 504 per sqft, in line with what two-beds in University View A were fetching at the time (AED 504). 516's AED 42,350 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Jun 202512 June 2025 | 853 sqft | 630,000 | 738 | ||
| 14 May 202514 May 2025 | 853 sqft | 935,000 | 1,096 | ||
| 27 Mar 202527 March 2025 | 853 sqft | 500,000 | 586 | ||
| 10 Jun 202410 June 2024 | 914 sqft | 500,000 | 546 |
University View A
Building136 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%
Other units on the 5th floor
All 136 units in University View A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 46,000 /yr | |
| 502 | 1-bed | 853 sqft | AED 390KAED 390,000 · Mar 2023March 2023 | 43,000 /yr | |
| 503 | 2-bed | 853 sqft | AED 876KAED 876,464 · Oct 2013October 2013 | 45,202 /yr | |
| 504 | 1-bed | 853 sqft | AED 460KAED 460,000 · Jun 2024June 2024 | ||
| 505 | 2-bed | 841 sqft | AED 450KAED 450,000 · Nov 2013November 2013 | 43,000 /yr | |
| 506 | 2-bed | 914 sqft | AED 500KAED 500,000 · Jun 2024June 2024 | 49,944 /yr | |
| 507 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 44,871 /yr | |
| 508 | 2-bed | 853 sqft | AED 525KAED 525,000 · Oct 2018October 2018 | 54,000 /yr | |
| 509 | 1-bed | 853 sqft | AED 650KAED 650,000 · Sep 2025September 2025 | 52,000 /yr | |
| 510 | 1-bed | 488 sqft | AED 430KAED 430,000 · Jun 2015June 2015 | 33,033 /yr | |
| 511 | 1-bed | 488 sqft | AED 475KAED 474,500 · Aug 2010August 2010 | 40,000 /yr | |
| 512 | 2-bed | 853 sqft | AED 450KAED 450,440 · Jun 2010June 2010 | 55,000 /yr | |
| 513 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 44,871 /yr | |
| 514 | 2-bed | 853 sqft | AED 660KAED 660,000 · Mar 2014March 2014 | 12,000 /yr | |
| 515 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 52,000 /yr | |
| 517 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 52,000 /yr |
516, University View A in numbers
- Sold once: by Vakson First Property Development on 2 October 2013 for AED 430,000, or AED 504 per sqft.
- Rented since December 2012 on 13 Ejari contracts. The rent fell from AED 40,000 to AED 33,000 in 2021 and recovered to AED 42,350 by October 2024.
- At AED 42,350 a year the gross yield on the 2013 price is 9.8%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
Source: Dubai Land Department. Updated 12 October 2024.
Questions about 516, University View A
What did unit 516 last sell for?
AED 430,000 on 2 October 2013, sold by the developer: AED 504 per sqft for 853 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 42,350 a year on the contract renewed on 12 October 2024. The previous contract, from October 2023, was AED 38,500; the unit has been rented since December 2012.
How big is unit 516?
853 sqft (79.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.
What is unit 516 worth today?
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Mortgage on 516, University View A
Starts from the last sale price (AED 430K, 2 October 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 430,000
- Deposit, UAE resident (20%)
- AED 86,000
- Deposit, non-resident (40%)
- AED 172,000
- Monthly over 25 years at 3.7%
- AED 1,759
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →