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

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.

Unit 509 · DLD and Ejari recordsUpdated 25 June 2023
Last soldAED 680K21 May 2014
Current rentAED 34K /yr25 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, University View B

What is 509 worth today?

Last sold for AED 680,000 in 2014

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25 Jun 2023RentedRenewal
AED 33,500/yr12 months · AED 39 per sqft
25 Jun 2022RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft
25 Jun 2021RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
27 Sep 2020RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
27 Sep 2019RentedNew contract
AED 37,000/yr12 months · AED 44 per sqft
15 Jul 2018RentedNew contract
AED 44,000/yr12 months · AED 52 per sqft
7 Aug 2017RentedRenewal
AED 54,000/yr12 months · AED 64 per sqft
7 Aug 2016RentedNew contract
AED 59,000/yr12 months · AED 69 per sqft

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

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

Sales
Unit 509, 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, January 2011: AED 380,000 (AED 445 per sqft)Sold, October 2013: AED 460,000 (AED 539 per sqft)Sold, May 2014: AED 680,000 (AED 797 per sqft)

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

Rents
Unit 509, 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, March 2013: AED 35,000 a yearRenewal, March 2014: AED 40,250 a yearNew contract, August 2016: AED 59,000 a yearRenewal, August 2017: AED 54,000 a yearNew contract, July 2018: AED 44,000 a yearNew contract, September 2019: AED 37,000 a yearRenewal, September 2020: AED 30,000 a yearNew contract, June 2021: AED 28,000 a yearNew contract, June 2022: AED 31,000 a yearRenewal, June 2023: AED 33,500 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 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 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
5042-bedAED 476K · May 2011
5052-bedAED 450K · Oct 2013
5062-bedAED 710K · Sep 2014
5071-bedAED 149K · Sep 2018
1–7 of 19

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 →