116, University View A
Sold prices and rental history: sold 3 times, last in December 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 116, University View A
What is 116 worth today?
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Source: Dubai Land Department. Updated 30 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 853 sqft
- Floor
- 1st of 8
- Parking
- 16
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 570K · December 2016
- Building
- University View A
About 116, University View A
116 is a two-bedroom apartment of 853 sqft on the 1st floor of University View A, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development. It last sold on 13 December 2016 for AED 570,000, or AED 668 per sqft, in line with the AED 680 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 30 September 2024, is AED 30,000 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 9,100 a year.
Sales and rents for 116 over time
116 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 A, and where 116 sits
All 94 2-beds →116 last sold in December 2016 at AED 668 per sqft, in line with what two-beds in University View A were fetching at the time (AED 680). 116's AED 30,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202323 January 2023 | 853 sqft | 400,000 | 469 | ||
| 14 Nov 202214 November 2022 | 853 sqft | 385,000 | 451 | ||
| 2 Sep 20222 September 2022 | 853 sqft | 385,000 | 451 | ||
| 29 Dec 202129 December 2021 | 914 sqft | 400,000 | 437 |
University View A
Building136 apartments, 1-bed 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 594
- Typical sale
- AED 500K
- Typical rent
- AED 46K /yr
- Typical yield
- 10.2%
Other units on the 1st floor
All 136 units in University View A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 853 sqft | AED 400KAED 400,000 · Jan 2023January 2023 | 41,800 /yr | |
| 102 | 2-bed | 853 sqft | AED 500KAED 500,000 · Dec 2016December 2016 | 53,000 /yr | |
| 103 | 2-bed | 853 sqft | AED 825KAED 825,000 · Oct 2013October 2013 | 43,169 /yr | |
| 104 | 2-bed | 853 sqft | AED 500KAED 500,000 · Mar 2018March 2018 | 56,000 /yr | |
| 105 | 2-bed | 841 sqft | AED 460KAED 460,000 · Jun 2013June 2013 | 46,000 /yr | |
| 106 | 2-bed | 914 sqft | AED 750KAED 750,000 · Nov 2010November 2010 | 56,000 /yr | |
| 107 | 2-bed | 853 sqft | AED 500KAED 500,000 · Mar 2018March 2018 | 47,000 /yr | |
| 108 | 2-bed | 853 sqft | AED 800KAED 800,000 · Jun 2015June 2015 | 43,643 /yr | |
| 109 | 2-bed | 853 sqft | AED 800KAED 800,000 · Jun 2015June 2015 | 44,629 /yr | |
| 110 | 1-bed | 488 sqft | AED 430KAED 430,000 · Jun 2015June 2015 | 36,000 /yr | |
| 111 | 1-bed | 488 sqft | AED 440KAED 440,000 · Feb 2014February 2014 | 38,000 /yr | |
| 112 | 2-bed | 853 sqft | AED 550KAED 550,000 · Oct 2017October 2017 | 43,890 /yr | |
| 113 | 2-bed | 853 sqft | AED 600KAED 600,000 · Dec 2014December 2014 | 43,560 /yr | |
| 114 | 2-bed | 853 sqft | AED 498KAED 497,500 · Apr 2019April 2019 | 40,000 /yr | |
| 115 | 2-bed | 853 sqft | AED 700KAED 700,000 · Aug 2014August 2014 | 44,000 /yr | |
| 117 | 2-bed | 853 sqft | AED 600KAED 600,000 · Dec 2013December 2013 | 60,500 /yr |
116, University View A in numbers
- Sold 3 times: first on 19 November 2012 for AED 600,000, last on 13 December 2016 for AED 570,000 (AED 668 per sqft).
- Rented since July 2013 on 6 Ejari contracts, from AED 37,000 to AED 30,000 a year.
- At AED 30,000 a year the gross yield on the 2016 price is 5.3%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
Source: Dubai Land Department. Updated 30 September 2024.
Questions about 116, University View A
What did unit 116 last sell for?
AED 570,000 on 13 December 2016: AED 668 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 600,000 in November 2012.
What is the rent for unit 116?
AED 30,000 a year on the contract renewed on 30 September 2024. The previous contract, from September 2023, was AED 30,000; the unit has been rented since July 2013.
How big is unit 116?
853 sqft (79.2 sqm): a two-bedroom apartment on the 1st floor of a 8-storey tower completed in 2008.
What is unit 116 worth today?
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Mortgage on 116, University View A
Starts from the last sale price (AED 570K, 13 December 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 570,000
- Deposit, UAE resident (20%)
- AED 114,000
- Deposit, non-resident (40%)
- AED 228,000
- Monthly over 25 years at 3.7%
- AED 2,332
Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →