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2-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 4th floor · completed 2008

402, University View B

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 21 January 2023
Last soldAED 693K24 June 2019
Current rentAED 20K /yr21 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 402, University View B

What is 402 worth today?

Last sold for AED 693,120 in 2019

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21 Jan 2023RentedNew contract
AED 20,000/yr12 months · AED 24 per sqft
25 Nov 2021RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
25 Nov 2020RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
25 Nov 2019RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
24 Jun 2019SoldReady
AED 693,120AED 812 per sqft
3 Mar 2019SoldReady · flagged as an outlier
AED 149,244AED 175 per sqft
25 Aug 2017RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
25 Aug 2016RentedRenewal
AED 64,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 21 January 2023.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
4th of 8
Parking
181
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 693K · June 2019
Building
University View B

About 402, University View B

402 is a two-bedroom apartment of 853 sqft on the 4th 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 24 June 2019 for AED 693,120, or AED 812 per sqft, 12% above the AED 726 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 21 January 2023, is AED 20,000 a year: a gross yield of 2.9% on the 2019 price, before the service charge of about AED 9,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, each saleTypical two-bed in University View B
400K600K2010201420182022Typical sale price by year: 2010 AED 376,775; 2011 AED 380,000; 2012 AED 407,500; 2013 AED 437,656; 2014 AED 650,000; 2015 AED 460,000; 2016 AED 570,000; 2017 AED 540,000; 2018 AED 500,000; 2019 AED 568,438; 2020 AED 380,000; 2021 AED 355,000; 2023 AED 430,000Sold by developer, April 2010: AED 396,566 (AED 465 per sqft)Sold, June 2019: AED 693,120 (AED 812 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in University View B
20K40K60K2012201620202024Typical rent by year: 2012 AED 38,000; 2013 AED 45,000; 2014 AED 47,252; 2015 AED 60,000; 2016 AED 59,000; 2017 AED 55,650; 2018 AED 49,000; 2019 AED 42,000; 2020 AED 34,000; 2021 AED 32,000; 2022 AED 35,000; 2023 AED 39,285; 2024 AED 43,560; 2025 AED 46,000; 2026 AED 48,000New contract, August 2015: AED 64,000 a yearRenewal, August 2016: AED 64,000 a yearNew contract, August 2017: AED 60,000 a yearNew contract, November 2019: AED 35,000 a yearRenewal, November 2020: AED 32,000 a yearRenewal, November 2021: AED 31,000 a yearNew contract, January 2023: AED 20,000 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 B, and where 402 sits

All 99 2-beds →

402 last sold in June 2019 at AED 812 per sqft, 12% above what two-beds in University View B were fetching at the time (AED 726). Over the last 12 months two-beds sold for AED 755,000, around AED 897 per sqft, and rent for AED 42,000 to 67,000 a year. 402's AED 20,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
18 Mar 2026755,000
4 Apr 2024490,000
8 Feb 2024465,000
9 Nov 2023450,000
1 2-bed sale 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 4th floor

All 160 units in University View B
Value
4012-bedAED 677K · Jun 2019
4031-bedAED 724K · Jan 2024
4041-bedAED 495K · May 2024
4052-bedAED 400K · Aug 2019
4061-bedAED 149K · Sep 2018
4071-bedAED 149K · Sep 2018
4081-bedAED 545K · Dec 2024
1–7 of 19

402, University View B in numbers

  • Sold 3 times: first on 4 April 2010 for AED 396,566, last on 24 June 2019 for AED 693,120 (AED 812 per sqft).
  • Rented since August 2015 on 7 Ejari contracts, from AED 64,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2019 price is 2.9%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
  • Two-beds in University View B sold for AED 755,000–755,000 in the 12 months to November 2026; the building's median across all types is AED 769 per sqft.

Source: Dubai Land Department. Updated 21 January 2023.

Questions about 402, University View B

What did unit 402 last sell for?

AED 693,120 on 24 June 2019: AED 812 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 396,566 in April 2010.

What is the rent for unit 402?

AED 20,000 a year on the contract signed on 21 January 2023. The previous contract, from November 2021, was AED 31,000; the unit has been rented since August 2015.

How big is unit 402?

853 sqft (79.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2008.

What is unit 402 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in University View B sold for AED 755,000 to 755,000 in the last 12 months, around AED 897 per sqft.

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Mortgage on 402, University View B

Starts from the last sale price (AED 693K, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 693,120
Deposit, UAE resident (20%)
AED 138,624
Deposit, non-resident (40%)
AED 277,248
Monthly over 25 years at 3.7%
AED 2,836

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