506, University View A
Sold prices and rental history: sold twice, last in June 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, University View A
What is 506 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 914 sqft
- Floor
- 5th of 8
- Parking
- G-237
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,800 /yr
- Last sold
- AED 500K · June 2024
- Building
- University View A
About 506, University View A
506 is a one-bedroom apartment of 914 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 10 June 2024 for AED 500,000, or AED 546 per sqft, in line with the AED 535 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 5 June 2024, is AED 49,944 a year: a gross yield of 10.0% on the 2024 price, before the service charge of about AED 9,800 a year.
Sales and rents for 506 over time
506 has sold twice; the dashed line is the one-bed median of each year in the building.
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 506 sits
All 35 1-beds →506 last sold in June 2024 at AED 546 per sqft, in line with what one-beds in University View A were fetching at the time (AED 535). 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. 506's AED 49,944 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jul 202523 July 2025 | 853 sqft | 630,000 | 738 | ||
| 12 Jun 202512 June 2025 | 853 sqft | 630,000 | 738 | ||
| 14 May 202514 May 2025 | 853 sqft | 935,000 | 1,096 | ||
| 27 Mar 202527 March 2025 | 853 sqft | 500,000 | 586 |
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 5th floor
All 136 units in University View A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 46,000 /yr | |
| 502 | 1-bed | 853 sqft | AED 390KAED 390,000 · Mar 2023March 2023 | 43,000 /yr | |
| 503 | 2-bed | 853 sqft | AED 876KAED 876,464 · Oct 2013October 2013 | 43,050 /yr | |
| 504 | 1-bed | 853 sqft | AED 460KAED 460,000 · Jun 2024June 2024 | ||
| 505 | 2-bed | 841 sqft | AED 450KAED 450,000 · Nov 2013November 2013 | 43,000 /yr | |
| 507 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 44,468 /yr | |
| 508 | 2-bed | 853 sqft | AED 525KAED 525,000 · Oct 2018October 2018 | 48,000 /yr | |
| 509 | 853 sqft | AED 650KAED 650,000 · Sep 2025September 2025 | 53,000 /yr | ||
| 510 | 1-bed | 488 sqft | AED 430KAED 430,000 · Jun 2015June 2015 | 31,460 /yr | |
| 511 | 1-bed | 488 sqft | AED 475KAED 474,500 · Aug 2010August 2010 | 40,000 /yr | |
| 512 | 2-bed | 853 sqft | AED 450KAED 450,440 · Jun 2010June 2010 | 60,000 /yr | |
| 513 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 42,735 /yr | |
| 514 | 2-bed | 853 sqft | AED 660KAED 660,000 · Mar 2014March 2014 | 55,000 /yr | |
| 515 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 42,735 /yr | |
| 516 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 42,350 /yr | |
| 517 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 42,108 /yr |
506, University View A in numbers
- Sold twice: first on 8 January 2012 for AED 639,989, last on 10 June 2024 for AED 500,000 (AED 546 per sqft).
- Rented since July 2023 on 3 Ejari contracts, from AED 10,000 to AED 49,944 a year.
- At AED 49,944 a year the gross yield on the 2024 price is 10.0%, 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: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.
Questions about 506, University View A
What did unit 506 last sell for?
AED 500,000 on 10 June 2024: AED 546 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 639,989 in January 2012.
What is the rent for unit 506?
AED 49,944 a year on the contract signed on 5 June 2024. The previous contract, from May 2024, was AED 50,000; the unit has been rented since July 2023.
How big is unit 506?
914 sqft (84.9 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.
What is unit 506 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 506, University View A
Starts from the last sale price (AED 500K, 10 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →