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

508, University View B

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 508 · DLD and Ejari recordsUpdated 30 May 2024

Last soldAED 350K6 April 2021

Current rentAED 40K /yr30 May 2024

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 508, University View B

Today

What is 508 worth today?

Last sold for AED 350,000 in 2021

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30 May 2024

30 May 2024RentedRenewal

AED 40,000/yr12 months · AED 47 per sqft

30 May 2023

30 May 2023RentedNew contract

AED 35,000/yr12 months · AED 41 per sqft

1 May 2021

1 May 2021RentedNew contract

AED 30,000/yr13 months · AED 35 per sqft

6 Apr 2021

6 Apr 2021SoldReady

AED 350,000AED 410 per sqft

1 Nov 2019

1 Nov 2019RentedRenewal

AED 42,000/yr12 months · AED 49 per sqft

1 Nov 2018

1 Nov 2018RentedRenewal

AED 48,000/yr12 months · AED 56 per sqft

1 Nov 2017

1 Nov 2017RentedNew contract

AED 50,000/yr12 months · AED 59 per sqft

3 Jun 2016

3 Jun 2016RentedNew contract

AED 57,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 30 May 2024.

Key facts

Type: 2-bed apartment
Size: 853 sqft
Floor: 5th of 8
Parking: 292
Developer: Vakson First Property Development
Completed: 2008
Service charge: AED 9,100 /yr
Last sold: AED 350K · April 2021
Building: University View B

About 508, University View B

508 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 6 April 2021 for AED 350,000, or AED 410 per sqft, in line with the AED 413 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 30 May 2024, is AED 40,000 a year: a gross yield of 11.4% on the 2021 price, before the service charge of about AED 9,100 a year.

Sales and rents for 508 over time

Sales

Unit 508, each saleTypical two-bed in University View B

508 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 508, each contractTypical two-bed in University View B

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 508 sits

All 99 2-beds →

2-beds in University View B · last 12 months897 /sqft University View B · all types769 /sqft

508 last sold in April 2021 at AED 410 per sqft, in line with what two-beds in University View B were fetching at the time (AED 413). 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. 508's AED 40,000 is at the bottom of that range.

Recent 2-bed sales	Size	Price (AED)	Per sqft
18 Mar 202618 March 2026	841 sqft	755,000	897
4 Apr 20244 April 2024	853 sqft	490,000	574
8 Feb 20248 February 2024	853 sqft	465,000	545
9 Nov 20239 November 2023	914 sqft	450,000	492

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


501	1-bed	853 sqft	AED 687KAED 687,075 · Aug 2019August 2019	46,500 /yr
502	1-bed	853 sqft	AED 687KAED 687,075 · Aug 2019August 2019	48,000 /yr
503	2-bed	853 sqft	AED 570KAED 570,000 · Jul 2017July 2017	55,000 /yr
504	2-bed	853 sqft	AED 476KAED 475,918 · May 2011May 2011	39,000 /yr
505	2-bed	841 sqft	AED 450KAED 450,000 · Oct 2013October 2013	58,000 /yr
506	2-bed	914 sqft	AED 710KAED 710,000 · Sep 2014September 2014	41,000 /yr
507	1-bed	853 sqft	AED 149KAED 149,244 · Sep 2018September 2018	60,000 /yr
509	2-bed	853 sqft	AED 680KAED 680,000 · May 2014May 2014	33,500 /yr
510	1-bed	488 sqft	AED 430KAED 430,000 · Jul 2014July 2014	40,000 /yr
511	1-bed	488 sqft	AED 430KAED 430,000 · Jun 2014June 2014	37,000 /yr
512	2-bed	853 sqft	AED 360KAED 360,000 · Apr 2021April 2021	37,000 /yr
513	1-bed	853 sqft	AED 498KAED 498,000 · Jul 2024July 2024	46,200 /yr
514	1-bed	853 sqft	AED 410KAED 410,000 · Dec 2023December 2023	60,000 /yr
515	2-bed	914 sqft	AED 485KAED 485,000 · Apr 2013April 2013	45,738 /yr
516	1-bed	841 sqft	AED 450KAED 450,000 · Dec 2023December 2023	70,000 /yr
517	2-bed	853 sqft	AED 350KAED 350,000 · Apr 2021April 2021	52,000 /yr
518	2-bed	853 sqft	AED 650KAED 650,000 · Mar 2014March 2014	44,919 /yr
519	2-bed	853 sqft	AED 350KAED 350,000 · Apr 2021April 2021	45,150 /yr
520	2-bed	853 sqft	AED 400KAED 400,000 · Sep 2010September 2010	52,500 /yr

1–7 of 19

508, University View B in numbers

Sold 4 times: first on 10 January 2011 for AED 380,000, last on 6 April 2021 for AED 350,000 (AED 410 per sqft).
Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 30,000 in 2021 and recovered to AED 40,000 by May 2024.
At AED 40,000 a year the gross yield on the 2021 price is 11.4%, 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 30 May 2024.

Questions about 508, University View B

What did unit 508 last sell for?

AED 350,000 on 6 April 2021: AED 410 per sqft for 853 sqft. The unit has 4 registered sales; the first was AED 380,000 in January 2011.

What is the rent for unit 508?

AED 40,000 a year on the contract renewed on 30 May 2024. The previous contract, from May 2023, was AED 35,000; the unit has been rented since February 2013.

How big is unit 508?

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

What is unit 508 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 508, University View B

Starts from the last sale price (AED 350K, 6 April 2021). Switch to today's estimate once you have unlocked it.

Price: AED 350,000
Deposit, UAE resident (20%): AED 70,000
Deposit, non-resident (40%): AED 140,000
Monthly over 25 years at 3.7%: AED 1,432

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