508, University View A
Sold prices and rental history: sold 3 times, last in October 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, University View A
What is 508 worth today?
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Source: Dubai Land Department. Updated 5 April 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 853 sqft
- Floor
- 5th of 8
- Parking
- 239
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 525K · October 2018
- Building
- University View A
About 508, University View A
508 is a two-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 10 October 2018 for AED 525,000, or AED 615 per sqft, 5% above the AED 586 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 5 April 2025, is AED 48,000 a year: a gross yield of 9.1% on the 2018 price, before the service charge of about AED 9,100 a year.
Sales and rents for 508 over time
508 has sold 3 times; the dashed line is the two-bed median of each year in the building.
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 508 sits
All 94 2-beds →508 last sold in October 2018 at AED 615 per sqft, 5% above what two-beds in University View A were fetching at the time (AED 586). 508's AED 48,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jan 202323 January 2023 | 853 sqft | 400,000 | 469 | ||
| 14 Nov 202214 November 2022 | 853 sqft | 385,000 | 451 | ||
| 2 Sep 20222 September 2022 | 853 sqft | 385,000 | 451 | ||
| 29 Dec 202129 December 2021 | 914 sqft | 400,000 | 437 |
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 | |
| 506 | 1-bed | 914 sqft | AED 500KAED 500,000 · Jun 2024June 2024 | 49,944 /yr | |
| 507 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 44,468 /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 |
508, University View A in numbers
- Sold 3 times: first on 10 June 2010 for AED 450,000, last on 10 October 2018 for AED 525,000 (AED 615 per sqft).
- Rented since August 2012 on 11 Ejari contracts, from AED 31,000 to AED 48,000 a year.
- At AED 48,000 a year the gross yield on the 2018 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 5 April 2025.
Questions about 508, University View A
What did unit 508 last sell for?
AED 525,000 on 10 October 2018: AED 615 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 450,000 in June 2010.
What is the rent for unit 508?
AED 48,000 a year on the contract renewed on 5 April 2025. The previous contract, from February 2023, was AED 30,800; the unit has been rented since August 2012.
How big is unit 508?
853 sqft (79.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.
What is unit 508 worth today?
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Mortgage on 508, University View A
Starts from the last sale price (AED 525K, 10 October 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 525,000
- Deposit, UAE resident (20%)
- AED 105,000
- Deposit, non-resident (40%)
- AED 210,000
- Monthly over 25 years at 3.7%
- AED 2,148
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →