1-bed · 914 sqftUniversity View A, Dubai Silicon Oasis · 4th floor · completed 2008

406, University View A

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 550K18 December 2024
Current rentAED 50K /yr13 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 406, University View A

What is 406 worth today?

Last sold for AED 550,000 in 2024

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18 Dec 2024SoldReady
AED 550,000AED 601 per sqft
13 Aug 2024RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
1 Jun 2023RentedNew contract
AED 35,650/yr12 months · AED 39 per sqft
1 Jun 2022RentedRenewal
AED 35,650/yr12 months · AED 39 per sqft
1 Jun 2021RentedNew contract
AED 31,000/yr12 months · AED 34 per sqft
2 Jun 2020RentedRenewal
AED 31,000/yr12 months · AED 34 per sqft
2 Jun 2019RentedRenewal
AED 42,000/yr12 months · AED 46 per sqft
1 Jun 2018RentedNew contract
AED 45,873/yr12 months · AED 50 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
914 sqft
Floor
4th of 8
Parking
G-220
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,800 /yr
Last sold
AED 550K · December 2024

About 406, University View A

406 is a one-bedroom apartment of 914 sqft on the 4th 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 18 December 2024 for AED 550,000, or AED 601 per sqft, 9% above the AED 551 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, signed on 13 August 2024, is AED 50,000 a year: a gross yield of 9.1% on the 2024 price, before the service charge of about AED 9,800 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in University View A
400K600K20102014201820222026Typical sale price by year: 2010 AED 474,500; 2012 AED 410,000; 2013 AED 450,000; 2014 AED 430,000; 2015 AED 430,000; 2017 AED 560,000; 2018 AED 500,000; 2019 AED 400,000; 2023 AED 400,000; 2024 AED 485,000; 2025 AED 630,000Sold by developer, December 2012: AED 430,000 (AED 470 per sqft)Sold, October 2013: AED 520,000 (AED 568 per sqft)Sold, December 2024: AED 550,000 (AED 601 per sqft)

406 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in University View A
40K60K2012201620202024Typical rent by year: 2012 AED 33,000; 2013 AED 37,000; 2014 AED 42,818; 2015 AED 51,975; 2016 AED 50,475; 2017 AED 52,000; 2018 AED 45,000; 2019 AED 40,000; 2020 AED 32,000; 2021 AED 29,500; 2022 AED 33,000; 2023 AED 36,000; 2024 AED 41,800; 2025 AED 43,000; 2026 AED 57,000New contract, May 2017: AED 50,000 a yearNew contract, June 2018: AED 45,873 a yearRenewal, June 2019: AED 42,000 a yearRenewal, June 2020: AED 31,000 a yearNew contract, June 2021: AED 31,000 a yearRenewal, June 2022: AED 35,650 a yearNew contract, June 2023: AED 35,650 a yearNew contract, August 2024: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in University View A, and where 406 sits

All 35 1-beds →

406 last sold in December 2024 at AED 601 per sqft, 9% above what one-beds in University View A were fetching at the time (AED 551). Over the last 12 months one-beds sold for AED 500,000, around AED 594 per sqft, and rent for AED 38,000 to 60,000 a year. 406's AED 50,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
23 Jul 2025630,000
12 Jun 2025630,000
14 May 2025935,000
27 Mar 2025500,000
1 1-bed sale 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 4th floor

All 136 units in University View A
Value
4012-bedAED 390K · Apr 2013
4022-bedAED 835K · Dec 2013
4032-bedAED 405K · Nov 2019
4042-bedAED 550K · Sep 2017
4052-bedAED 589K · May 2010
4072-bedAED 360K · Feb 2021
4082-bedAED 385K · Sep 2022
1–7 of 16

406, University View A in numbers

  • Sold 3 times: first on 26 December 2012 for AED 430,000, last on 18 December 2024 for AED 550,000 (AED 601 per sqft).
  • Rented since May 2017 on 8 Ejari contracts. The rent fell from AED 50,000 to AED 31,000 in 2021 and recovered to AED 50,000 by August 2024.
  • At AED 50,000 a year the gross yield on the 2024 price is 9.1%, before a service charge of about AED 9,800 a year (AED 10.68 per sqft).
  • One-beds in University View A sold for AED 500,000–500,000 in the 12 months to November 2026; the building's median across all types is AED 594 per sqft.

Source: Dubai Land Department. Updated 18 December 2024.

Questions about 406, University View A

What did unit 406 last sell for?

AED 550,000 on 18 December 2024: AED 601 per sqft for 914 sqft. The unit has 3 registered sales; the first was AED 430,000 in December 2012.

What is the rent for unit 406?

AED 50,000 a year on the contract signed on 13 August 2024. The previous contract, from June 2023, was AED 35,650; the unit has been rented since May 2017.

How big is unit 406?

914 sqft (84.9 sqm): a one-bedroom apartment on the 4th floor of a 8-storey tower completed in 2008.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in University View A sold for AED 500,000 to 500,000 in the last 12 months, around AED 594 per sqft.

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Mortgage on 406, University View A

Starts from the last sale price (AED 550K, 18 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

Plus AED 28,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →