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2-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 2nd floor · completed 2008

204, University View B

Sold prices and rental history: sold 3 times, last in September 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 15 July 2024
Last soldAED 700K14 September 2014
Current rentAED 42K /yr15 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, University View B

What is 204 worth today?

Last sold for AED 700,000 in 2014

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15 Jul 2024RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
1 May 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
25 Mar 2021RentedNew contract
AED 29,000/yr12 months · AED 34 per sqft
15 Jun 2016RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
14 Sep 2014SoldReady
AED 700,000AED 820 per sqft
29 Apr 2012SoldReady
AED 300,000AED 351 per sqft
15 Aug 2010Sold by developerReady
AED 351,455AED 412 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
2nd of 8
Parking
67
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 700K · September 2014
Building
University View B

About 204, University View B

204 is a two-bedroom apartment of 853 sqft on the 2nd floor of University View B, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development. It last sold on 14 September 2014 for AED 700,000, or AED 820 per sqft, 41% above the AED 580 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 15 July 2024, is AED 42,000 a year: a gross yield of 6.0% on the 2014 price, before the service charge of about AED 9,100 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical two-bed in University View B
400K600K20102013201620192022Typical sale price by year: 2010 AED 391,014; 2011 AED 380,000; 2012 AED 400,000; 2013 AED 440,000; 2014 AED 650,000; 2015 AED 460,000; 2016 AED 596,000; 2017 AED 540,000; 2018 AED 500,000; 2019 AED 676,875; 2020 AED 380,000; 2021 AED 355,000Sold by developer, August 2010: AED 351,455 (AED 412 per sqft)Sold, April 2012: AED 300,000 (AED 351 per sqft)Sold, September 2014: AED 700,000 (AED 820 per sqft)

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

Rents
Unit 204, each contractTypical two-bed in University View B
40K60K2012201620202024Typical rent by year: 2012 AED 43,000; 2013 AED 45,000; 2014 AED 47,252; 2015 AED 57,809; 2016 AED 58,000; 2017 AED 55,000; 2018 AED 48,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 32,000; 2022 AED 35,000; 2023 AED 39,470; 2024 AED 43,560; 2025 AED 46,000; 2026 AED 48,000New contract, June 2016: AED 45,000 a yearNew contract, March 2021: AED 29,000 a yearNew contract, May 2022: AED 34,000 a yearRenewal, July 2024: AED 42,000 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 B, and where 204 sits

All 101 2-beds →

204 last sold in September 2014 at AED 820 per sqft, 41% above what two-beds in University View B were fetching at the time (AED 580). Over the last 12 months two-beds sold for AED 700,000, around AED 832 per sqft, and rent for AED 43,560 to 65,000 a year. 204's AED 42,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
6 Jan 2026700,000
8 Feb 2023380,000
26 Jan 2023420,000
11 Aug 2021390,000
1 2-bed sale in the last 12 months

University View B

Building

160 apartments, studios 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 832
Typical sale
AED 700K
Typical rent
AED 49K /yr
Typical yield
7.1%
University View B, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 2nd floor

All 160 units in University View B
Value
2012-bedAED 380K · Feb 2023
2021-bedAED 484K · Aug 2023
2032-bedAED 650K · Mar 2014
2052-bedAED 420K · Jan 2023
2061-bedAED 509K · Sep 2023
2072-bedAED 380K · Jul 2014
2082-bedAED 450K · May 2013
1–7 of 19

204, University View B in numbers

  • Sold 3 times: first on 15 August 2010 for AED 351,455, last on 14 September 2014 for AED 700,000 (AED 820 per sqft).
  • Rented since June 2016 on 4 Ejari contracts. The rent fell from AED 45,000 to AED 29,000 in 2021 and recovered to AED 42,000 by July 2024.
  • At AED 42,000 a year the gross yield on the 2014 price is 6.0%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
  • Two-beds in University View B sold for AED 700,000–700,000 in the 12 months to November 2026; the building's median across all types is AED 832 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 July 2024.

Questions about 204, University View B

What did unit 204 last sell for?

AED 700,000 on 14 September 2014: AED 820 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 351,455 in August 2010.

What is the rent for unit 204?

AED 42,000 a year on the contract renewed on 15 July 2024. The previous contract, from May 2022, was AED 34,000; the unit has been rented since June 2016.

How big is unit 204?

853 sqft (79.2 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2008.

What is unit 204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in University View B sold for AED 700,000 to 700,000 in the last 12 months, around AED 832 per sqft.

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Mortgage on 204, University View B

Starts from the last sale price (AED 700K, 14 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

Plus AED 34,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →