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

718, University View B

Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 718 · DLD and Ejari recordsUpdated 13 April 2023
Last soldAED 410K13 April 2023
Current rentAED 36K /yr1 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, University View B

What is 718 worth today?

Last sold for AED 410,000 in 2023

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13 Apr 2023SoldReady
AED 410,000AED 480 per sqft
1 Nov 2022RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
1 Feb 2022RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
1 Feb 2021RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
1 Oct 2020RentedNew contract
AED 32,472/yr3 months · AED 38 per sqft
1 Oct 2019RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
16 Nov 2014SoldReady
AED 650,000AED 762 per sqft
10 Apr 2014RentedRenewal
AED 47,250/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 13 April 2023.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
7th of 8
Parking
362
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 410K · April 2023

About 718, University View B

718 is a two-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 13 April 2023 for AED 410,000, or AED 480 per sqft.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 1 November 2022, is AED 36,000 a year: a gross yield of 8.8% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 718 over time

Sales
Unit 718, 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, May 2013: AED 410,000 (AED 480 per sqft)Sold, November 2014: AED 650,000 (AED 762 per sqft)Sold, April 2023: AED 410,000 (AED 480 per sqft)

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

Rents
Unit 718, 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, April 2013: AED 45,000 a yearRenewal, April 2014: AED 47,250 a yearNew contract, October 2019: AED 36,000 a yearNew contract, October 2020: AED 32,472 a yearNew contract, February 2021: AED 30,000 a yearNew contract, February 2022: AED 33,000 a yearNew contract, November 2022: AED 36,000 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 718 sits

All 99 2-beds →

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. 718's AED 36,000 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 7th floor

All 160 units in University View B
Value
7011-bedAED 495K · Apr 2023
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
1–7 of 19

718, University View B in numbers

  • Sold 3 times: first on 21 May 2013 for AED 410,000, last on 13 April 2023 for AED 410,000 (AED 480 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2021 and recovered to AED 36,000 by November 2022.
  • At AED 36,000 a year the gross yield on the 2023 price is 8.8%, 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 13 April 2023.

Questions about 718, University View B

What did unit 718 last sell for?

AED 410,000 on 13 April 2023: AED 480 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 410,000 in May 2013.

What is the rent for unit 718?

AED 36,000 a year on the contract signed on 1 November 2022. The previous contract, from February 2022, was AED 33,000; the unit has been rented since April 2013.

How big is unit 718?

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

What is unit 718 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 718, University View B

Starts from the last sale price (AED 410K, 13 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

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