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1-bed · 841 sqftUniversity View B, Dubai Silicon Oasis · 5th floor · completed 2008

516, University View B

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 1 August 2026
Last soldAED 450K13 December 2023
Current rentAED 70K /yr1 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, University View B

What is 516 worth today?

Last sold for AED 450,000 in 2023

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1 Aug 2026RentedRenewal
AED 70,000/yr12 months · AED 83 per sqft
1 Aug 2025RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
2 Jul 2024RentedNew contract
AED 78,000/yr12 months · AED 93 per sqft
13 Dec 2023SoldReady
AED 450,000AED 535 per sqft
10 Feb 2023RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
10 Feb 2022RentedRenewal
AED 27,500/yr12 months · AED 33 per sqft
10 Feb 2021RentedNew contract
AED 27,500/yr12 months · AED 33 per sqft
15 Mar 2019RentedRenewal
AED 50,000/yr6 months · AED 60 per sqft

Source: Dubai Land Department. Updated 1 August 2026.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
5th of 8
Parking
G-325
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,000 /yr
Last sold
AED 450K · December 2023
Building
University View B

About 516, University View B

516 is a one-bedroom apartment of 841 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 13 December 2023 for AED 450,000, or AED 535 per sqft, 7% above the AED 502 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 August 2026, is AED 70,000 a year: a gross yield of 15.6% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in University View B
400K600K2010201520202025Typical sale price by year: 2010 AED 396,566; 2011 AED 380,000; 2013 AED 437,656; 2014 AED 450,000; 2015 AED 445,000; 2016 AED 622,000; 2017 AED 517,500; 2019 AED 571,038; 2023 AED 420,000; 2024 AED 509,000; 2026 AED 670,000Sold by developer, January 2011: AED 380,000 (AED 451 per sqft)Sold, October 2013: AED 460,000 (AED 547 per sqft)Sold, June 2014: AED 670,000 (AED 796 per sqft)Sold, December 2023: AED 450,000 (AED 535 per sqft)

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

Rents
Unit 516, each contractTypical one-bed in University View B
25K50K75K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 45,000; 2014 AED 44,775; 2015 AED 50,715; 2016 AED 53,250; 2017 AED 52,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 32,250; 2021 AED 30,000; 2022 AED 33,600; 2023 AED 38,250; 2024 AED 43,010; 2025 AED 46,000; 2026 AED 48,000New contract, March 2013: AED 34,000 a yearRenewal, March 2014: AED 37,400 a yearNew contract, March 2015: AED 63,000 a yearNew contract, March 2017: AED 60,000 a yearRenewal, March 2018: AED 56,000 a yearRenewal, March 2019: AED 50,000 a yearNew contract, February 2021: AED 27,500 a yearRenewal, February 2022: AED 27,500 a yearNew contract, February 2023: AED 33,000 a yearNew contract, July 2024: AED 78,000 a yearNew contract, August 2025: AED 60,000 a yearRenewal, August 2026: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in University View B, and where 516 sits

All 59 1-beds →

516 last sold in December 2023 at AED 535 per sqft, 7% above what one-beds in University View B were fetching at the time (AED 502). Over the last 12 months one-beds sold for AED 630,000 to 700,000, around AED 763 per sqft, and rent for AED 31,878 to 70,000 a year. 516's AED 70,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
3 Nov 2026665,000
8 Oct 2026675,000
24 Sep 2026630,000
4 Aug 2026640,000
8 1-bed sales 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

516, University View B in numbers

  • Sold 4 times: first on 11 January 2011 for AED 380,000, last on 13 December 2023 for AED 450,000 (AED 535 per sqft).
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 34,000 to AED 27,500 in 2022 and recovered to AED 70,000 by August 2026.
  • At AED 70,000 a year the gross yield on the 2023 price is 15.6%, before a service charge of about AED 9,000 a year (AED 10.68 per sqft).
  • One-beds in University View B sold for AED 630,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 769 per sqft.

Source: Dubai Land Department. Updated 1 August 2026.

Questions about 516, University View B

What did unit 516 last sell for?

AED 450,000 on 13 December 2023: AED 535 per sqft for 841 sqft. The unit has 4 registered sales; the first was AED 380,000 in January 2011.

What is the rent for unit 516?

AED 70,000 a year on the contract renewed on 1 August 2026. The previous contract, from August 2025, was AED 60,000; the unit has been rented since March 2013.

How big is unit 516?

841 sqft (78.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in University View B sold for AED 630,000 to 700,000 in the last 12 months, around AED 763 per sqft.

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Mortgage on 516, University View B

Starts from the last sale price (AED 450K, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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