2-bed · 853 sqftUniversity View A, Dubai Silicon Oasis · 7th floor · completed 2008

714, University View A

Sold prices and rental history: sold once, by the developer in October 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 714 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 430K2 October 2013
Current rentAED 44K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, University View A

What is 714 worth today?

Last sold for AED 430,000 in 2013

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15 Dec 2024RentedRenewal
AED 43,560/yr12 months · AED 51 per sqft
15 Dec 2023RentedRenewal
AED 39,600/yr12 months · AED 46 per sqft
15 Dec 2022RentedRenewal
AED 36,000/yr12 months · AED 42 per sqft
15 Dec 2021RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
15 Dec 2021RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
15 Dec 2020RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
15 Dec 2019RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
15 Dec 2018RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
7th of 8
Parking
284
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 430K · October 2013

About 714, University View A

714 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 . The developer sold it on 2 October 2013 for AED 430,000, or AED 504 per sqft, in line with the AED 504 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 43,560 a year: a gross yield of 10.1% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical two-bed in University View A
400K600K800K2009201320172021Typical sale price by year: 2009 AED 480,000; 2010 AED 450,000; 2011 AED 415,000; 2012 AED 480,000; 2013 AED 450,000; 2014 AED 662,395; 2015 AED 796,160; 2016 AED 580,000; 2017 AED 550,000; 2018 AED 507,500; 2019 AED 425,000; 2020 AED 358,500; 2021 AED 376,358Sold by developer, October 2013: AED 430,000 (AED 504 per sqft)

714 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 714, each contractTypical two-bed in University View A
40K60K20112015201920232027Typical rent by year: 2011 AED 33,000; 2012 AED 36,000; 2013 AED 37,500; 2014 AED 43,470; 2015 AED 53,312; 2016 AED 54,830; 2017 AED 56,000; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 36,000; 2021 AED 31,000; 2022 AED 34,500; 2023 AED 39,600; 2024 AED 43,560; 2025 AED 46,000; 2026 AED 45,000New contract, December 2012: AED 33,000 a yearRenewal, December 2013: AED 36,300 a yearRenewal, December 2014: AED 41,745 a yearRenewal, December 2015: AED 45,920 a yearRenewal, December 2016: AED 50,515 a yearRenewal, December 2017: AED 50,515 a yearRenewal, December 2018: AED 48,000 a yearRenewal, December 2019: AED 40,000 a yearNew contract, December 2020: AED 33,000 a yearNew contract, December 2021: AED 33,000 a yearRenewal, December 2021: AED 33,000 a yearRenewal, December 2022: AED 36,000 a yearRenewal, December 2023: AED 39,600 a yearRenewal, December 2024: AED 43,560 a year

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 714 sits

All 94 2-beds →

714 last sold in October 2013 at AED 504 per sqft, in line with what two-beds in University View A were fetching at the time (AED 504). 714's AED 43,560 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Jan 2023400,000
14 Nov 2022385,000
2 Sep 2022385,000
29 Dec 2021400,000
0 2-bed sales 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 7th floor

All 136 units in University View A
Value
7012-bedAED 662K · Jan 2014
7022-bedAED 662K · Jan 2014
7032-bedAED 662K · Jan 2014
7042-bedAED 662K · Jan 2014
7052-bedAED 653K · Jan 2014
7062-bedAED 710K · Jan 2014
7072-bedAED 662K · Jan 2014
1–7 of 16

714, University View A in numbers

  • Sold once: by Vakson First Property Development on 2 October 2013 for AED 430,000, or AED 504 per sqft.
  • Rented since December 2012 on 14 Ejari contracts, from AED 33,000 to AED 43,560 a year.
  • At AED 43,560 a year the gross yield on the 2013 price is 10.1%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 15 December 2024.

Questions about 714, University View A

What did unit 714 last sell for?

AED 430,000 on 2 October 2013, sold by the developer: AED 504 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 714?

AED 43,560 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 39,600; the unit has been rented since December 2012.

How big is unit 714?

853 sqft (79.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2008.

What is unit 714 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 714, University View A

Starts from the last sale price (AED 430K, 2 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 430,000
Deposit, UAE resident (20%)
AED 86,000
Deposit, non-resident (40%)
AED 172,000
Monthly over 25 years at 3.7%
AED 1,759

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →