2-bed · 853 sqftUniversity View C, Dubai Silicon Oasis · 6th floor · completed 2008

602, University View C

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 500K14 July 2013
Current rentAED 40K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, University View C

What is 602 worth today?

Last sold for AED 500,000 in 2013

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1 Oct 2024RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
1 Oct 2023RentedRenewal
AED 37,000/yr12 months · AED 43 per sqft
1 Oct 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
1 Oct 2021RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
1 Oct 2020RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft
9 Jan 2020RentedRenewal
AED 45,000/yr2 months · AED 53 per sqft
9 Jul 2019RentedRenewal
AED 45,000/yr6 months · AED 53 per sqft
9 May 2019RentedRenewal
AED 53,000/yr2 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
6th of 8
Parking
416
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 500K · July 2013

About 602, University View C

602 is a two-bedroom apartment of 853 sqft on the 6th 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 14 July 2013 for AED 500,000, or AED 586 per sqft, 4% above the AED 563 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 12 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 40,000 a year: a gross yield of 8.0% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 602 over time

Sales
Unit 602, 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 500,000 (AED 586 per sqft)

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

Rents
Unit 602, 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, February 2016: AED 64,000 a yearRenewal, February 2017: AED 58,000 a yearRenewal, February 2018: AED 53,000 a yearRenewal, February 2019: AED 53,000 a yearRenewal, May 2019: AED 53,000 a yearRenewal, July 2019: AED 45,000 a yearRenewal, January 2020: AED 45,000 a yearNew contract, October 2020: AED 31,000 a yearRenewal, October 2021: AED 31,000 a yearNew contract, October 2022: AED 34,000 a yearRenewal, October 2023: AED 37,000 a yearRenewal, October 2024: AED 40,000 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 602 sits

All 99 2-beds →

602 last sold in July 2013 at AED 586 per sqft, 4% above what two-beds in University View C were fetching at the time (AED 563). 602's AED 40,000 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 6th floor

All 136 units in University View C
Value
6011-bedAED 745K · Jan 2026
6032-bedAED 530K · Sep 2024
6042-bedAED 360K · Aug 2020
6052-bedAED 490K · Jul 2013
6062-bedAED 500K · Aug 2013
607StudioAED 410K · May 2025
608StudioAED 335K · Oct 2023
1–7 of 16

602, University View C in numbers

  • Sold once: by Vakson First Property Development on 14 July 2013 for AED 500,000, or AED 586 per sqft.
  • Rented since February 2016 on 12 Ejari contracts. The rent fell from AED 64,000 to AED 31,000 in 2021 and recovered to AED 40,000 by October 2024.
  • At AED 40,000 a year the gross yield on the 2013 price is 8.0%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 602, University View C

What did unit 602 last sell for?

AED 500,000 on 14 July 2013, sold by the developer: AED 586 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 40,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 37,000; the unit has been rented since February 2016.

How big is unit 602?

853 sqft (79.2 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2008.

What is unit 602 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 602, University View C

Starts from the last sale price (AED 500K, 14 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

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