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2-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 5th floor · completed 2008

504, University View B

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 504 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 476K19 May 2011
Current rentAED 39K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 504, University View B

What is 504 worth today?

Last sold for AED 475,918 in 2011

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20 Jul 2024RentedRenewal
AED 39,000/yr12 months · AED 46 per sqft
20 Jul 2023RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
20 Jul 2022RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
20 Jul 2021RentedRenewal
AED 28,000/yr12 months · AED 33 per sqft
20 Jul 2020RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
20 Jul 2019RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
20 Jul 2018RentedRenewal
AED 45,000/yr12 months · AED 53 per sqft
20 Jul 2017RentedNew contract
AED 49,350/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
204
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 476K · May 2011
Building
University View B

About 504, University View B

504 is a two-bedroom apartment of 853 sqft on the 5th 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 19 May 2011 for AED 475,918, or AED 558 per sqft, 34% above the AED 415 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 39,000 a year: a gross yield of 8.2% on the 2011 price, before the service charge of about AED 9,100 a year.

Sales and rents for 504 over time

Sales
Unit 504, 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, May 2011: AED 475,918 (AED 558 per sqft)

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

Rents
Unit 504, each contractTypical two-bed in University View B
40K60K2012201620202024Typical 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, July 2013: AED 37,000 a yearNew contract, July 2014: AED 44,000 a yearNew contract, July 2016: AED 49,350 a yearNew contract, July 2017: AED 49,350 a yearRenewal, July 2018: AED 45,000 a yearRenewal, July 2019: AED 40,000 a yearRenewal, July 2020: AED 32,000 a yearRenewal, July 2021: AED 28,000 a yearRenewal, July 2022: AED 31,000 a yearRenewal, July 2023: AED 36,000 a yearRenewal, July 2024: AED 39,000 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 504 sits

All 99 2-beds →

504 last sold in May 2011 at AED 558 per sqft, 34% above what two-beds in University View B were fetching at the time (AED 415). 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. 504's AED 39,000 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 5th floor

All 160 units in University View B
Value
5011-bedAED 687K · Aug 2019
5021-bedAED 687K · Aug 2019
5032-bedAED 570K · Jul 2017
5052-bedAED 450K · Oct 2013
5062-bedAED 710K · Sep 2014
5071-bedAED 149K · Sep 2018
5082-bedAED 350K · Apr 2021
1–7 of 19

504, University View B in numbers

  • Sold twice: first on 4 April 2010 for AED 396,566, last on 19 May 2011 for AED 475,918 (AED 558 per sqft).
  • Rented since July 2013 on 11 Ejari contracts. The rent fell from AED 37,000 to AED 28,000 in 2021 and recovered to AED 39,000 by July 2024.
  • At AED 39,000 a year the gross yield on the 2011 price is 8.2%, 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 20 July 2024.

Questions about 504, University View B

What did unit 504 last sell for?

AED 475,918 on 19 May 2011: AED 558 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 396,566 in April 2010.

What is the rent for unit 504?

AED 39,000 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 36,000; the unit has been rented since July 2013.

How big is unit 504?

853 sqft (79.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 504 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 504, University View B

Starts from the last sale price (AED 476K, 19 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 475,918
Deposit, UAE resident (20%)
AED 95,184
Deposit, non-resident (40%)
AED 190,367
Monthly over 25 years at 3.7%
AED 1,947

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