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

307, University View A

Sold prices and rental history: sold twice, last in October 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 307 · DLD and Ejari recordsUpdated 20 January 2024
Last soldAED 517K3 October 2017
Current rentAED 47K /yr20 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 307, University View A

What is 307 worth today?

Last sold for AED 516,625 in 2017

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20 Jan 2024RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
1 Jan 2023RentedRenewal
AED 35,000/yr12 months · AED 41 per sqft
1 Jan 2022RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
1 Jan 2021RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
1 Jan 2020RentedRenewal
AED 39,000/yr12 months · AED 46 per sqft
25 Oct 2017RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
3 Oct 2017SoldReady
AED 516,625AED 605 per sqft
1 Jun 2016RentedRenewal
AED 50,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 20 January 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
3rd of 8
Parking
41
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 517K · October 2017

About 307, University View A

307 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. It last sold on 3 October 2017 for AED 516,625, or AED 605 per sqft, 9% below the AED 668 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, signed on 20 January 2024, is AED 47,000 a year: a gross yield of 9.1% on the 2017 price, before the service charge of about AED 9,100 a year.

Sales and rents for 307 over time

Sales
Unit 307, 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, June 2010: AED 426,162 (AED 499 per sqft)Sold, October 2017: AED 516,625 (AED 605 per sqft)

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

Rents
Unit 307, 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, June 2014: AED 36,000 a yearNew contract, June 2015: AED 50,000 a yearRenewal, June 2016: AED 50,000 a yearNew contract, October 2017: AED 52,000 a yearRenewal, January 2020: AED 39,000 a yearRenewal, January 2021: AED 33,000 a yearRenewal, January 2022: AED 33,000 a yearRenewal, January 2023: AED 35,000 a yearNew contract, January 2024: AED 47,000 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 307 sits

All 94 2-beds →

307 last sold in October 2017 at AED 605 per sqft, 9% below what two-beds in University View A were fetching at the time (AED 668). 307's AED 47,000 is in the lower 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
3042-bedAED 623K · Jul 2010
305AED 500K · Nov 2025
3062-bedAED 885K · Jan 2014
3082-bedAED 525K · Oct 2018
1–7 of 16

307, University View A in numbers

  • Sold twice: first on 13 June 2010 for AED 426,162, last on 3 October 2017 for AED 516,625 (AED 605 per sqft).
  • Rented since June 2014 on 9 Ejari contracts, from AED 36,000 to AED 47,000 a year.
  • At AED 47,000 a year the gross yield on the 2017 price is 9.1%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 20 January 2024.

Questions about 307, University View A

What did unit 307 last sell for?

AED 516,625 on 3 October 2017: AED 605 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 426,162 in June 2010.

What is the rent for unit 307?

AED 47,000 a year on the contract signed on 20 January 2024. The previous contract, from January 2023, was AED 35,000; the unit has been rented since June 2014.

How big is unit 307?

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

What is unit 307 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 307, University View A

Starts from the last sale price (AED 517K, 3 October 2017). Switch to today's estimate once you have unlocked it.
Price
AED 516,625
Deposit, UAE resident (20%)
AED 103,325
Deposit, non-resident (40%)
AED 206,650
Monthly over 25 years at 3.7%
AED 2,114

Plus AED 26,708 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →