2-bed · 853 sqftUniversity View A, Dubai Silicon Oasis · 3rd floor · completed 2008

304, University View A

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 623K29 July 2010
Current rentAED 52K /yr10 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, University View A

What is 304 worth today?

Last sold for AED 622,700 in 2010

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10 Jun 2024RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
17 Sep 2023RentedNew contract
AED 40,000/yr9 months · AED 47 per sqft
17 Sep 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
30 Sep 2021RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
30 Sep 2020RentedNew contract
AED 31,000/yr12 months · AED 36 per sqft
10 Aug 2019RentedRenewal
AED 46,000/yr12 months · AED 54 per sqft
1 Aug 2017RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
25 Jan 2015RentedNew contract
AED 65,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 10 June 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
3rd of 8
Parking
38
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 623K · July 2010

About 304, University View A

304 is a two-bedroom apartment of 853 sqft on the 3rd floor of University View A, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development. The developer sold it on 29 July 2010 for AED 622,700, or AED 730 per sqft, 30% above the AED 562 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 10 June 2024, is AED 52,000 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 9,100 a year.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical two-bed in University View A
400K600K800K2009201320172021Typical sale price by year: 2009 AED 480,000; 2010 AED 450,000; 2011 AED 415,000; 2012 AED 480,000; 2013 AED 450,000; 2014 AED 662,395; 2015 AED 796,160; 2016 AED 580,000; 2017 AED 550,000; 2018 AED 507,500; 2019 AED 425,000; 2020 AED 358,500; 2021 AED 376,358Sold by developer, July 2010: AED 622,700 (AED 730 per sqft)

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

Rents
Unit 304, each contractTypical two-bed in University View A
40K60K20112015201920232027Typical rent by year: 2011 AED 33,000; 2012 AED 36,000; 2013 AED 37,500; 2014 AED 43,470; 2015 AED 53,312; 2016 AED 54,830; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 31,000; 2022 AED 34,500; 2023 AED 39,600; 2024 AED 43,560; 2025 AED 46,000; 2026 AED 45,000New contract, July 2012: AED 37,000 a yearNew contract, January 2015: AED 65,000 a yearNew contract, August 2017: AED 55,000 a yearRenewal, August 2019: AED 46,000 a yearNew contract, September 2020: AED 31,000 a yearRenewal, September 2021: AED 30,000 a yearNew contract, September 2022: AED 34,000 a yearNew contract, September 2023: AED 40,000 a yearNew contract, June 2024: AED 52,000 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 A, and where 304 sits

All 94 2-beds →

304 last sold in July 2010 at AED 730 per sqft, 30% above what two-beds in University View A were fetching at the time (AED 562). 304's AED 52,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 2023400,000
14 Nov 2022385,000
2 Sep 2022385,000
29 Dec 2021400,000
0 2-bed sales in the last 12 months

University View A

Building

136 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%
University View A, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 136 units in University View A
Value
3012-bedAED 675K · Jul 2015
3022-bedAED 420K · Nov 2010
3032-bedAED 515K · Dec 2018
305AED 500K · Nov 2025
3062-bedAED 885K · Jan 2014
3072-bedAED 517K · Oct 2017
3082-bedAED 525K · Oct 2018
1–7 of 16

304, University View A in numbers

  • Sold once: by Vakson First Property Development on 29 July 2010 for AED 622,700, or AED 730 per sqft.
  • Rented since July 2012 on 9 Ejari contracts. The rent fell from AED 37,000 to AED 30,000 in 2021 and recovered to AED 52,000 by June 2024.
  • At AED 52,000 a year the gross yield on the 2010 price is 8.3%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 10 June 2024.

Questions about 304, University View A

What did unit 304 last sell for?

AED 622,700 on 29 July 2010, sold by the developer: AED 730 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 52,000 a year on the contract signed on 10 June 2024. The previous contract, from September 2023, was AED 40,000; the unit has been rented since July 2012.

How big is unit 304?

853 sqft (79.2 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2008.

What is unit 304 worth today?

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Mortgage on 304, University View A

Starts from the last sale price (AED 623K, 29 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 622,700
Deposit, UAE resident (20%)
AED 124,540
Deposit, non-resident (40%)
AED 249,080
Monthly over 25 years at 3.7%
AED 2,548

Plus AED 31,163 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →