709, University View A
Sold prices and rental history: sold twice, last in January 2014, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 709, University View A
What is 709 worth today?
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Source: Dubai Land Department. Updated 14 February 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 853 sqft
- Floor
- 7th of 8
- Parking
- 279
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 662K · January 2014
- Building
- University View A
About 709, University View A
709 is a two-bedroom apartment of 853 sqft on the 7th 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 9 January 2014 for AED 662,395, or AED 776 per sqft, 30% above the AED 596 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 14 February 2024, is AED 48,500 a year: a gross yield of 7.3% on the 2014 price, before the service charge of about AED 9,100 a year.
Sales and rents for 709 over time
709 has sold twice; 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 709 sits
All 94 2-beds →709 last sold in January 2014 at AED 776 per sqft, 30% above what two-beds in University View A were fetching at the time (AED 596). 709's AED 48,500 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 7th floor
All 136 units in University View A| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 853 sqft | AED 662KAED 662,395 · Jan 2014January 2014 | 56,000 /yr | |
| 702 | 2-bed | 853 sqft | AED 662KAED 662,395 · Jan 2014January 2014 | 55,000 /yr | |
| 703 | 2-bed | 853 sqft | AED 662KAED 662,395 · Jan 2014January 2014 | 62,000 /yr | |
| 704 | 2-bed | 853 sqft | AED 662KAED 662,395 · Jan 2014January 2014 | 58,000 /yr | |
| 705 | 2-bed | 841 sqft | AED 653KAED 653,121 · Jan 2014January 2014 | 58,000 /yr | |
| 706 | 2-bed | 914 sqft | AED 710KAED 710,115 · Jan 2014January 2014 | 57,000 /yr | |
| 707 | 2-bed | 853 sqft | AED 662KAED 662,395 · Jan 2014January 2014 | 57,000 /yr | |
| 708 | 2-bed | 853 sqft | AED 662KAED 662,395 · Jan 2014January 2014 | 58,000 /yr | |
| 710 | 1-bed | 488 sqft | AED 450KAED 450,000 · May 2013May 2013 | 29,000 /yr | |
| 711 | 244 sqft | AED 420KAED 420,000 · Nov 2025November 2025 | 31,300 /yr | ||
| 712 | 1-bed | 853 sqft | AED 450KAED 450,000 · Jan 2024January 2024 | 37,950 /yr | |
| 713 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 40,700 /yr | |
| 714 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 43,560 /yr | |
| 715 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 45,623 /yr | |
| 716 | 2-bed | 853 sqft | AED 430KAED 430,000 · Oct 2013October 2013 | 44,100 /yr | |
| 717 | 2-bed | 853 sqft | AED 678KAED 677,688 · May 2012May 2012 |
709, University View A in numbers
- Sold twice: first on 6 December 2009 for AED 480,000, last on 9 January 2014 for AED 662,395 (AED 776 per sqft).
- Rented since October 2015 on 8 Ejari contracts, from AED 79,572 to AED 48,500 a year.
- At AED 48,500 a year the gross yield on the 2014 price is 7.3%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
Source: Dubai Land Department. Updated 14 February 2024.
Questions about 709, University View A
What did unit 709 last sell for?
AED 662,395 on 9 January 2014: AED 776 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 480,000 in December 2009.
What is the rent for unit 709?
AED 48,500 a year on the contract renewed on 14 February 2024. The previous contract, from February 2023, was AED 47,000; the unit has been rented since October 2015.
How big is unit 709?
853 sqft (79.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2008.
What is unit 709 worth today?
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Mortgage on 709, University View A
Starts from the last sale price (AED 662K, 9 January 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 662,395
- Deposit, UAE resident (20%)
- AED 132,479
- Deposit, non-resident (40%)
- AED 264,958
- Monthly over 25 years at 3.7%
- AED 2,710
Plus AED 32,831 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →