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1-bed · 914 sqftUniversity View B, Dubai Silicon Oasis · 1st floor · completed 2008

115, University View B

Sold prices and rental history: sold twice, last in November 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 115 · DLD and Ejari recordsUpdated 15 November 2023
Last soldAED 420K15 November 2023
Current rentAED 32K /yr15 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 115, University View B

What is 115 worth today?

Last sold for AED 420,000 in 2023

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15 Nov 2023SoldReady
AED 420,000AED 459 per sqft
15 Mar 2023RentedRenewal
AED 32,000/yr12 months · AED 35 per sqft
15 Mar 2022RentedRenewal
AED 30,000/yr12 months · AED 33 per sqft
5 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 33 per sqft
15 Mar 2021RentedNew contract
AED 30,000/yr12 months · AED 33 per sqft
15 Mar 2020RentedRenewal
AED 35,000/yr12 months · AED 38 per sqft
15 Mar 2019RentedNew contract
AED 40,000/yr12 months · AED 44 per sqft
1 Aug 2017RentedNew contract
AED 54,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 15 November 2023.

Key facts

Type
1-bed apartment
Size
914 sqft
Floor
1st of 8
Parking
G-58
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,800 /yr
Last sold
AED 420K · November 2023
Building
University View B

About 115, University View B

115 is a one-bedroom apartment of 914 sqft on the 1st floor of University View B, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development . It last sold on 15 November 2023 for AED 420,000, or AED 459 per sqft, 9% below the AED 502 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 15 March 2023, is AED 32,000 a year: a gross yield of 7.6% on the 2023 price, before the service charge of about AED 9,800 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in University View B
400K600K2010201520202025Typical sale price by year: 2010 AED 396,566; 2011 AED 380,000; 2013 AED 437,656; 2014 AED 450,000; 2015 AED 445,000; 2016 AED 622,000; 2017 AED 517,500; 2019 AED 571,038; 2023 AED 420,000; 2024 AED 509,000; 2026 AED 670,000Sold by developer, June 2013: AED 485,000 (AED 530 per sqft)Sold, November 2023: AED 420,000 (AED 459 per sqft)

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

Rents
Unit 115, each contractTypical one-bed in University View B
40K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 45,000; 2014 AED 44,775; 2015 AED 50,715; 2016 AED 53,250; 2017 AED 52,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 32,250; 2021 AED 30,000; 2022 AED 33,600; 2023 AED 38,250; 2024 AED 43,010; 2025 AED 46,000; 2026 AED 48,000New contract, May 2013: AED 47,000 a yearNew contract, May 2014: AED 52,000 a yearNew contract, August 2017: AED 54,000 a yearNew contract, March 2019: AED 40,000 a yearRenewal, March 2020: AED 35,000 a yearNew contract, March 2021: AED 30,000 a yearNew contract, April 2021: AED 30,000 a yearRenewal, March 2022: AED 30,000 a yearRenewal, March 2023: AED 32,000 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 B, and where 115 sits

All 59 1-beds →

115 last sold in November 2023 at AED 459 per sqft, 9% below what one-beds in University View B were fetching at the time (AED 502). Over the last 12 months one-beds sold for AED 630,000 to 700,000, around AED 763 per sqft, and rent for AED 31,878 to 70,000 a year. 115's AED 32,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 2026665,000
8 Oct 2026675,000
24 Sep 2026630,000
4 Aug 2026640,000
8 1-bed sales in the last 12 months

University View B

Building

160 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2008 by Vakson First Property Development . 10 sold in the last 12 months.

Typical price per sqft
AED 769
Typical sale
AED 670K
Typical rent
AED 48K /yr
Typical yield
7.8%
University View B, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 160 units in University View B
Value
1012-bedAED 520K · Jan 2017
1022-bedAED 622K · Jul 2016
1031-bedAED 630K · Sep 2026
1042-bedAED 562K · Jul 2018
1052-bedAED 520K · Jan 2017
1062-bedAED 600K · Jul 2014
1072-bedAED 350K · Mar 2021
1–7 of 19

115, University View B in numbers

  • Sold twice: first on 2 June 2013 for AED 485,000, last on 15 November 2023 for AED 420,000 (AED 459 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 47,000 to AED 32,000 a year.
  • At AED 32,000 a year the gross yield on the 2023 price is 7.6%, before a service charge of about AED 9,800 a year (AED 10.68 per sqft).
  • One-beds in University View B sold for AED 630,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 769 per sqft.

Source: Dubai Land Department. Updated 15 November 2023.

Questions about 115, University View B

What did unit 115 last sell for?

AED 420,000 on 15 November 2023: AED 459 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 485,000 in June 2013.

What is the rent for unit 115?

AED 32,000 a year on the contract renewed on 15 March 2023. The previous contract, from March 2022, was AED 30,000; the unit has been rented since May 2013.

How big is unit 115?

914 sqft (84.9 sqm): a one-bedroom apartment on the 1st floor of a 8-storey tower completed in 2008.

What is unit 115 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 B sold for AED 630,000 to 700,000 in the last 12 months, around AED 763 per sqft.

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Mortgage on 115, University View B

Starts from the last sale price (AED 420K, 15 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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