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1-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 7th floor · completed 2008

701, University View B

Sold prices and rental history: sold 5 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 701 · DLD and Ejari recordsUpdated 25 April 2023
Last soldAED 495K25 April 2023
Current rentAED 36K /yr5 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 701, University View B

What is 701 worth today?

Last sold for AED 495,000 in 2023

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25 Apr 2023SoldReady
AED 495,000AED 580 per sqft
5 Dec 2022RentedNew contract
AED 35,500/yr12 months · AED 42 per sqft
1 Jun 2022RentedRenewal
AED 30,000/yr6 months · AED 35 per sqft
1 Jun 2021RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
1 Jun 2020RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
15 Sep 2019RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
15 Sep 2018RentedNew contract
AED 54,000/yr12 months · AED 64 per sqft
15 May 2018SoldReady
AED 495,000AED 580 per sqft

Source: Dubai Land Department. Updated 25 April 2023.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
7th of 8
Parking
G-313
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 495K · April 2023
Building
University View B

About 701, University View B

701 is a one-bedroom apartment of 853 sqft on the 7th 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 2023 for AED 495,000, or AED 580 per sqft, 16% above the AED 499 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 5 December 2022, is AED 35,500 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 701 over time

Sales
Unit 701, 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, March 2014: AED 671,000 (AED 786 per sqft)Sold by developer, March 2014: AED 450,000 (AED 527 per sqft)Sold, June 2017: AED 495,000 (AED 580 per sqft)Sold, May 2018: AED 495,000 (AED 580 per sqft)Sold, April 2023: AED 495,000 (AED 580 per sqft)

701 has sold 5 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 701, each contractTypical one-bed in University View B
40K2012201620202024Typical 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, September 2015: AED 50,715 a yearRenewal, September 2016: AED 53,250 a yearNew contract, September 2017: AED 53,250 a yearNew contract, September 2018: AED 54,000 a yearNew contract, September 2019: AED 42,000 a yearNew contract, June 2020: AED 34,000 a yearRenewal, June 2021: AED 30,000 a yearRenewal, June 2022: AED 30,000 a yearNew contract, December 2022: AED 35,500 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 701 sits

All 59 1-beds →

701 last sold in April 2023 at AED 580 per sqft, 16% above what one-beds in University View B were fetching at the time (AED 499). 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. 701's AED 35,500 is in the lower half 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 7th floor

All 160 units in University View B
Value
7022-bedAED 495K · Jul 2017
7032-bedAED 563K · Jun 2015
7041-bedAED 405K · Jun 2023
7051-bedAED 415K · Apr 2023
7062-bedAED 380K · Jun 2020
7072-bedAED 540K · Sep 2013
7082-bedAED 420K · Dec 2012
1–7 of 19

701, University View B in numbers

  • Sold 5 times: first on 2 March 2014 for AED 450,000, last on 25 April 2023 for AED 495,000 (AED 580 per sqft).
  • Rented since September 2015 on 9 Ejari contracts. The rent fell from AED 50,715 to AED 30,000 in 2022 and recovered to AED 35,500 by December 2022.
  • At AED 35,500 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 9,100 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 25 April 2023.

Questions about 701, University View B

What did unit 701 last sell for?

AED 495,000 on 25 April 2023: AED 580 per sqft for 853 sqft. The unit has 5 registered sales; the first was AED 450,000 in March 2014.

What is the rent for unit 701?

AED 35,500 a year on the contract signed on 5 December 2022. The previous contract, from June 2022, was AED 30,000; the unit has been rented since September 2015.

How big is unit 701?

853 sqft (79.2 sqm): a one-bedroom apartment on the 7th floor of a 8-storey tower completed in 2008.

What is unit 701 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 701, University View B

Starts from the last sale price (AED 495K, 25 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 495,000
Deposit, UAE resident (20%)
AED 99,000
Deposit, non-resident (40%)
AED 198,000
Monthly over 25 years at 3.7%
AED 2,025

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