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

501, University View C

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 490K7 July 2013
Current rentAED 42K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, University View C

What is 501 worth today?

Last sold for AED 490,000 in 2013

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15 Dec 2024RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
15 Dec 2024RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
15 Dec 2023RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
15 Dec 2022RentedRenewal
AED 37,000/yr12 months · AED 44 per sqft
15 Dec 2021RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
1 Oct 2020RentedRenewal
AED 35,000/yr12 months · AED 41 per sqft
1 Oct 2019RentedRenewal
AED 47,000/yr12 months · AED 55 per sqft
1 Oct 2018RentedNew contract
AED 46,000/yr12 months · AED 54 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
165
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 490K · July 2013

About 501, University View C

501 is a two-bedroom apartment of 853 sqft on the 5th floor of University View C, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development . The developer sold it on 7 July 2013 for AED 490,000, or AED 574 per sqft, 3% above the AED 556 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 42,000 a year: a gross yield of 8.6% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in University View C
400K600K20132016201920222025Typical sale price by year: 2013 AED 490,000; 2014 AED 657,720; 2015 AED 650,000; 2016 AED 602,500; 2017 AED 520,000; 2018 AED 492,500; 2019 AED 445,000; 2021 AED 370,000; 2022 AED 405,000; 2023 AED 404,500; 2024 AED 530,000Sold by developer, July 2013: AED 490,000 (AED 574 per sqft)

501 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 501, each contractTypical two-bed in University View C
40K60K2013201720212025Typical rent by year: 2013 AED 47,000; 2014 AED 49,350; 2015 AED 52,250; 2016 AED 55,125; 2017 AED 54,407; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,750; 2021 AED 30,000; 2022 AED 34,500; 2023 AED 39,000; 2024 AED 43,560; 2025 AED 44,750; 2026 AED 52,250New contract, July 2014: AED 61,000 a yearNew contract, July 2015: AED 64,000 a yearNew contract, July 2016: AED 65,000 a yearRenewal, July 2017: AED 58,000 a yearNew contract, October 2018: AED 46,000 a yearRenewal, October 2019: AED 47,000 a yearRenewal, October 2020: AED 35,000 a yearNew contract, December 2021: AED 35,000 a yearRenewal, December 2022: AED 37,000 a yearRenewal, December 2023: AED 40,000 a yearRenewal, December 2024: AED 42,000 a yearRenewal, December 2024: AED 42,000 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 C, and where 501 sits

All 99 2-beds →

501 last sold in July 2013 at AED 574 per sqft, 3% above what two-beds in University View C were fetching at the time (AED 556). 501's AED 42,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
1 Sep 2025630,000
11 Dec 2024560,000
9 Sep 2024530,000
16 Jan 2024430,000
0 2-bed sales in the last 12 months

University View C

Building

136 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2008 by Vakson First Property Development . 1 sold in the last 12 months.

Typical price per sqft
AED 873
Typical sale
AED 745K
Typical rent
AED 50K /yr
Typical yield
7.1%
University View C, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 136 units in University View C
Value
5021-bedAED 410K · Mar 2023
5031-bedAED 420K · Sep 2023
5042-bedAED 490K · Jul 2013
5052-bedAED 480K · Jul 2013
5062-bedAED 480K · Jul 2013
507StudioAED 410K · May 2025
5081-bedAED 310K · Jun 2017
1–7 of 16

501, University View C in numbers

  • Sold once: by Vakson First Property Development on 7 July 2013 for AED 490,000, or AED 574 per sqft.
  • Rented since July 2014 on 12 Ejari contracts. The rent fell from AED 61,000 to AED 35,000 in 2021 and recovered to AED 42,000 by December 2024.
  • At AED 42,000 a year the gross yield on the 2013 price is 8.6%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 15 December 2024.

Questions about 501, University View C

What did unit 501 last sell for?

AED 490,000 on 7 July 2013, sold by the developer: AED 574 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 501?

AED 42,000 a year on the contract renewed on 15 December 2024. The previous contract, from December 2024, was AED 42,000; the unit has been rented since July 2014.

How big is unit 501?

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

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 501, University View C

Starts from the last sale price (AED 490K, 7 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

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