1-bed · 853 sqftUniversity View A, Dubai Silicon Oasis · 5th floor · completed 2008

502, University View A

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 5 April 2024
Last soldAED 390K20 March 2023
Current rentAED 43K /yr5 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, University View A

What is 502 worth today?

Last sold for AED 390,000 in 2023

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5 Apr 2024RentedRenewal
AED 43,000/yr12 months · AED 51 per sqft
5 Apr 2023RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
20 Mar 2023SoldReady
AED 390,000AED 457 per sqft
15 Nov 2021RentedRenewal
AED 29,000/yr12 months · AED 34 per sqft
15 Nov 2020RentedRenewal
AED 29,000/yr12 months · AED 34 per sqft
15 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
13 Nov 2018RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
29 Oct 2012Sold by developerReady
AED 400,000AED 469 per sqft

Source: Dubai Land Department. Updated 5 April 2024.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
233
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 390K · March 2023

About 502, University View A

502 is a one-bedroom apartment of 853 sqft on the 5th 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 20 March 2023 for AED 390,000, or AED 457 per sqft.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, renewed on 5 April 2024, is AED 43,000 a year: a gross yield of 11.0% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, 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, October 2012: AED 400,000 (AED 469 per sqft)Sold, October 2012: AED 355,000 (AED 416 per sqft)Sold, March 2023: AED 390,000 (AED 457 per sqft)

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

Rents
Unit 502, 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, November 2018: AED 42,000 a yearNew contract, November 2019: AED 36,000 a yearRenewal, November 2020: AED 29,000 a yearRenewal, November 2021: AED 29,000 a yearNew contract, April 2023: AED 40,000 a yearRenewal, April 2024: AED 43,000 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 502 sits

All 35 1-beds →

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. 502's AED 43,000 is in the lower 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 5th floor

All 136 units in University View A
Value
5012-bedAED 430K · Oct 2013
5032-bedAED 876K · Oct 2013
5041-bedAED 460K · Jun 2024
5052-bedAED 450K · Nov 2013
5061-bedAED 500K · Jun 2024
5072-bedAED 430K · Oct 2013
5082-bedAED 525K · Oct 2018
1–7 of 16

502, University View A in numbers

  • Sold 3 times: first on 29 October 2012 for AED 355,000, last on 20 March 2023 for AED 390,000 (AED 457 per sqft).
  • Rented since November 2018 on 6 Ejari contracts. The rent fell from AED 42,000 to AED 29,000 in 2021 and recovered to AED 43,000 by April 2024.
  • At AED 43,000 a year the gross yield on the 2023 price is 11.0%, before a service charge of about AED 9,100 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 5 April 2024.

Questions about 502, University View A

What did unit 502 last sell for?

AED 390,000 on 20 March 2023: AED 457 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 355,000 in October 2012.

What is the rent for unit 502?

AED 43,000 a year on the contract renewed on 5 April 2024. The previous contract, from April 2023, was AED 40,000; the unit has been rented since November 2018.

How big is unit 502?

853 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 502 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 502, University View A

Starts from the last sale price (AED 390K, 20 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 390,000
Deposit, UAE resident (20%)
AED 78,000
Deposit, non-resident (40%)
AED 156,000
Monthly over 25 years at 3.7%
AED 1,596

Plus AED 19,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →