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2-bed · 841 sqftUniversity View B, Dubai Silicon Oasis · 2nd floor · completed 2008

216, University View B

Sold prices and rental history: sold twice, last in October 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 31 October 2024
Last soldAED 425K5 October 2010
Current rentAED 55K /yr31 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 216, University View B

What is 216 worth today?

Last sold for AED 425,000 in 2010

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31 Oct 2024RentedNew contract
AED 55,000/yr12 months · AED 65 per sqft
10 Aug 2023RentedNew contract
AED 40,000/yr12 months · AED 48 per sqft
1 Sep 2022RentedRenewal
AED 36,000/yr10 months · AED 43 per sqft
1 Sep 2021RentedRenewal
AED 33,000/yr12 months · AED 39 per sqft
1 Sep 2020RentedRenewal
AED 35,000/yr12 months · AED 42 per sqft
18 May 2015RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
1 Oct 2014RentedNew contract
AED 52,000/yr12 months · AED 62 per sqft
14 May 2013RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 31 October 2024.

Key facts

Type
2-bed apartment
Size
841 sqft
Floor
2nd of 8
Parking
79
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,000 /yr
Last sold
AED 425K · October 2010
Building
University View B

About 216, University View B

216 is a two-bedroom apartment of 841 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 5 October 2010 for AED 425,000, or AED 505 per sqft, 9% above the AED 465 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 31 October 2024, is AED 55,000 a year: a gross yield of 12.9% on the 2010 price, before the service charge of about AED 9,000 a year.

Sales and rents for 216 over time

Sales
Unit 216, 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 346,534 (AED 412 per sqft)Sold, October 2010: AED 425,000 (AED 505 per sqft)

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

Rents
Unit 216, 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, May 2013: AED 42,000 a yearNew contract, October 2014: AED 52,000 a yearNew contract, May 2015: AED 60,000 a yearRenewal, September 2020: AED 35,000 a yearRenewal, September 2021: AED 33,000 a yearRenewal, September 2022: AED 36,000 a yearNew contract, August 2023: AED 40,000 a yearNew contract, October 2024: AED 55,000 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 216 sits

All 101 2-beds →

216 last sold in October 2010 at AED 505 per sqft, 9% above what two-beds in University View B were fetching at the time (AED 465). 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. 216's AED 55,000 is in the upper half 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
2042-bedAED 700K · Sep 2014
2052-bedAED 420K · Jan 2023
2061-bedAED 509K · Sep 2023
2072-bedAED 380K · Jul 2014
1–7 of 19

216, University View B in numbers

  • Sold twice: first on 15 August 2010 for AED 346,534, last on 5 October 2010 for AED 425,000 (AED 505 per sqft).
  • Rented since May 2013 on 8 Ejari contracts. The rent fell from AED 42,000 to AED 33,000 in 2021 and recovered to AED 55,000 by October 2024.
  • At AED 55,000 a year the gross yield on the 2010 price is 12.9%, before a service charge of about AED 9,000 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 31 October 2024.

Questions about 216, University View B

What did unit 216 last sell for?

AED 425,000 on 5 October 2010: AED 505 per sqft for 841 sqft. The unit has 2 registered sales; the first was AED 346,534 in August 2010.

What is the rent for unit 216?

AED 55,000 a year on the contract signed on 31 October 2024. The previous contract, from August 2023, was AED 40,000; the unit has been rented since May 2013.

How big is unit 216?

841 sqft (78.1 sqm): a two-bedroom apartment on the 2nd floor of a 8-storey tower completed in 2008.

What is unit 216 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 216, University View B

Starts from the last sale price (AED 425K, 5 October 2010). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

Plus AED 20,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →