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

408, University View B

Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 16 December 2024
Last soldAED 545K16 December 2024
Current rentAED 34K /yr29 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, University View B

What is 408 worth today?

Last sold for AED 545,000 in 2024

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16 Dec 2024SoldReady
AED 545,000AED 639 per sqft
29 Oct 2021RentedNew contract
AED 34,000/yr36 months · AED 40 per sqft
3 Mar 2019SoldReady · flagged as an outlier
AED 149,244AED 175 per sqft
24 Jan 2017RentedNew contract
AED 27,500/yr12 months · AED 32 per sqft
4 Apr 2010Sold by developerReady
AED 396,566AED 465 per sqft

Source: Dubai Land Department. Updated 16 December 2024.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
4th of 8
Parking
G-187
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 545K · December 2024

About 408, University View B

408 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 16 December 2024 for AED 545,000, or AED 639 per sqft, in line with the AED 624 one-beds in the building were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 29 October 2021, is AED 34,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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, December 2024: AED 545,000 (AED 639 per sqft)

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

Rents
Unit 408, 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, January 2017: AED 27,500 a yearNew contract, October 2021: AED 34,000 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 408 sits

All 59 1-beds →

408 last sold in December 2024 at AED 639 per sqft, in line with what one-beds in University View B were fetching at the time (AED 624). 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. 408's AED 34,000 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
4041-bedAED 495K · May 2024
4052-bedAED 400K · Aug 2019
4061-bedAED 149K · Sep 2018
4071-bedAED 149K · Sep 2018
1–7 of 19

408, University View B in numbers

  • Sold 3 times: first on 4 April 2010 for AED 396,566, last on 16 December 2024 for AED 545,000 (AED 639 per sqft).
  • Rented since January 2017 on 2 Ejari contracts, from AED 27,500 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2024 price is 6.2%, 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 16 December 2024.

Questions about 408, University View B

What did unit 408 last sell for?

AED 545,000 on 16 December 2024: AED 639 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 408?

AED 34,000 a year on the contract signed on 29 October 2021. The previous contract, from January 2017, was AED 27,500.

How big is unit 408?

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

What is unit 408 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 408, University View B

Starts from the last sale price (AED 545K, 16 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 545,000
Deposit, UAE resident (20%)
AED 109,000
Deposit, non-resident (40%)
AED 218,000
Monthly over 25 years at 3.7%
AED 2,230

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