
509, University View B
Sold prices and rental history: sold 3 times, last in May 2014, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, University View B
What is 509 worth today?
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Source: Dubai Land Department. Updated 25 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 853 sqft
- Floor
- 5th of 8
- Parking
- 293
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 680K · May 2014
- Building
- University View B
About 509, University View B
509 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 21 May 2014 for AED 680,000, or AED 797 per sqft, 48% above the AED 539 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 25 June 2023, is AED 33,500 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 9,100 a year.
Sales and rents for 509 over time
509 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 509 sits
All 99 2-beds →509 last sold in May 2014 at AED 797 per sqft, 48% above what two-beds in University View B were fetching at the time (AED 539). 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. 509's AED 33,500 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
University View B
Building160 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%
Other units on the 5th floor
All 160 units in University View B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | |
| 508 | 2-bed | 853 sqft | AED 350KAED 350,000 · Apr 2021April 2021 | 40,000 /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 |
509, University View B in numbers
- Sold 3 times: first on 10 January 2011 for AED 380,000, last on 21 May 2014 for AED 680,000 (AED 797 per sqft).
- Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 35,000 to AED 28,000 in 2021 and recovered to AED 33,500 by June 2023.
- At AED 33,500 a year the gross yield on the 2014 price is 4.9%, 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 25 June 2023.
Questions about 509, University View B
What did unit 509 last sell for?
AED 680,000 on 21 May 2014: AED 797 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 380,000 in January 2011.
What is the rent for unit 509?
AED 33,500 a year on the contract renewed on 25 June 2023. The previous contract, from June 2022, was AED 31,000; the unit has been rented since March 2013.
How big is unit 509?
853 sqft (79.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.
What is unit 509 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 509, University View B
Starts from the last sale price (AED 680K, 21 May 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 680,000
- Deposit, UAE resident (20%)
- AED 136,000
- Deposit, non-resident (40%)
- AED 272,000
- Monthly over 25 years at 3.7%
- AED 2,782
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →