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

404, University View B

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 495K27 May 2024
Current rentAED 40K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, University View B

What is 404 worth today?

Last sold for AED 495,000 in 2024

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1 Aug 2024RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
27 May 2024SoldReady
AED 495,000AED 580 per sqft
1 Aug 2023RentedNew contract
AED 36,500/yr12 months · AED 43 per sqft
4 Jul 2023SoldReady
AED 450,000AED 527 per sqft
1 Aug 2022RentedRenewal
AED 33,500/yr12 months · AED 39 per sqft
1 Aug 2021RentedRenewal
AED 31,500/yr12 months · AED 37 per sqft
1 Aug 2020RentedNew contract
AED 32,500/yr12 months · AED 38 per sqft
13 Apr 2020RentedRenewal
AED 44,000/yr3 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
4th of 8
Parking
G-183
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 495K · May 2024

About 404, University View B

404 is a one-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 27 May 2024 for AED 495,000, or AED 580 per sqft, 9% above the AED 531 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 1 August 2024, is AED 40,000 a year: a gross yield of 8.1% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 404 over time

Sales
Unit 404, 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, April 2010: AED 396,566 (AED 465 per sqft)Sold, July 2023: AED 450,000 (AED 527 per sqft)Sold, May 2024: AED 495,000 (AED 580 per sqft)

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

Rents
Unit 404, each contractTypical one-bed in University View B
40K60K2012201620202024Typical 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, November 2013: AED 36,000 a yearRenewal, November 2014: AED 36,000 a yearNew contract, February 2015: AED 63,000 a yearNew contract, April 2017: AED 55,000 a yearRenewal, April 2018: AED 53,000 a yearRenewal, April 2019: AED 44,000 a yearRenewal, April 2020: AED 44,000 a yearNew contract, August 2020: AED 32,500 a yearRenewal, August 2021: AED 31,500 a yearRenewal, August 2022: AED 33,500 a yearNew contract, August 2023: AED 36,500 a yearNew contract, August 2024: AED 40,000 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 404 sits

All 59 1-beds →

404 last sold in May 2024 at AED 580 per sqft, 9% above what one-beds in University View B were fetching at the time (AED 531). 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. 404's AED 40,000 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 4th floor

All 160 units in University View B
Value
4012-bedAED 677K · Jun 2019
4022-bedAED 693K · Jun 2019
4031-bedAED 724K · Jan 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

404, University View B in numbers

  • Sold 4 times: first on 4 April 2010 for AED 396,566, last on 27 May 2024 for AED 495,000 (AED 580 per sqft).
  • Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 36,000 to AED 31,500 in 2021 and recovered to AED 40,000 by August 2024.
  • At AED 40,000 a year the gross yield on the 2024 price is 8.1%, before a service charge of about AED 9,100 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 1 August 2024.

Questions about 404, University View B

What did unit 404 last sell for?

AED 495,000 on 27 May 2024: AED 580 per sqft for 853 sqft. The unit has 4 registered sales; the first was AED 396,566 in April 2010.

What is the rent for unit 404?

AED 40,000 a year on the contract signed on 1 August 2024. The previous contract, from August 2023, was AED 36,500; the unit has been rented since November 2013.

How big is unit 404?

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

What is unit 404 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 404, University View B

Starts from the last sale price (AED 495K, 27 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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