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

512, University View B

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 25 April 2021
Last soldAED 360K25 April 2021
Current rentAED 37K /yr28 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 512, University View B

What is 512 worth today?

Last sold for AED 360,000 in 2021

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25 Apr 2021SoldReady
AED 360,000AED 422 per sqft
28 Mar 2020RentedNew contract
AED 37,000/yr12 months · AED 44 per sqft
5 Jan 2019RentedRenewal
AED 41,538/yr13 months · AED 49 per sqft
5 Jan 2018RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
20 Nov 2016RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
20 Nov 2015RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
18 Feb 2014SoldReady
AED 650,000AED 762 per sqft
1 Feb 2014RentedNew contract
AED 41,400/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 25 April 2021.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
321
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 360K · April 2021
Building
University View B

About 512, University View B

512 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 25 April 2021 for AED 360,000, or AED 422 per sqft, in line with the AED 415 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 28 March 2020, is AED 37,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 9,100 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, February 2014: AED 650,000 (AED 762 per sqft)Sold, April 2021: AED 360,000 (AED 422 per sqft)

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

Rents
Unit 512, 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, February 2014: AED 41,400 a yearNew contract, November 2015: AED 60,000 a yearRenewal, November 2016: AED 60,000 a yearNew contract, January 2018: AED 52,000 a yearRenewal, January 2019: AED 41,538 a yearNew contract, March 2020: AED 37,000 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 512 sits

All 99 2-beds →

512 last sold in April 2021 at AED 422 per sqft, in line with 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. 512's AED 37,000 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
5042-bedAED 476K · May 2011
5052-bedAED 450K · Oct 2013
5062-bedAED 710K · Sep 2014
5071-bedAED 149K · Sep 2018
1–7 of 19

512, University View B in numbers

  • Sold 4 times: first on 10 January 2011 for AED 380,000, last on 25 April 2021 for AED 360,000 (AED 422 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 41,400 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2021 price is 10.3%, 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 April 2021.

Questions about 512, University View B

What did unit 512 last sell for?

AED 360,000 on 25 April 2021: AED 422 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 512?

AED 37,000 a year on the contract signed on 28 March 2020. The previous contract, from January 2019, was AED 41,538; the unit has been rented since February 2014.

How big is unit 512?

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

What is unit 512 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 512, University View B

Starts from the last sale price (AED 360K, 25 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

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