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

217, University View B

Sold prices and rental history: sold twice, last in April 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 217 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 490K4 April 2024
Current rentAED 51K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 217, University View B

What is 217 worth today?

Last sold for AED 490,000 in 2024

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1 May 2024RentedNew contract
AED 51,000/yr12 months · AED 60 per sqft
4 Apr 2024SoldReady
AED 490,000AED 574 per sqft
15 Aug 2023RentedRenewal
AED 38,000/yr12 months · AED 45 per sqft
5 Aug 2021RentedNew contract
AED 26,293/yr12 months · AED 31 per sqft
10 Apr 2020RentedRenewal
AED 29,143/yr14 months · AED 34 per sqft
10 Apr 2019RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
10 Apr 2018RentedNew contract
AED 47,000/yr12 months · AED 55 per sqft
30 May 2017RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
2nd of 8
Parking
G-80
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 490K · April 2024

About 217, University View B

217 is a one-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 4 April 2024 for AED 490,000, or AED 574 per sqft, 14% above the AED 504 one-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 1 May 2024, is AED 51,000 a year: a gross yield of 10.4% on the 2024 price, before the service charge of about AED 9,100 a year.

Sales and rents for 217 over time

Sales
Unit 217, each saleTypical one-bed in University View B
400K500K2010201420182022Typical sale price by year: 2010 AED 396,566; 2011 AED 380,000; 2013 AED 437,656; 2014 AED 529,857; 2019 AED 460,000; 2023 AED 425,200; 2024 AED 498,000Sold by developer, August 2010: AED 351,455 (AED 412 per sqft)Sold, April 2024: AED 490,000 (AED 574 per sqft)

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

Rents
Unit 217, each contractTypical one-bed in University View B
40K60K2012201620202024Typical rent by year: 2012 AED 34,000; 2013 AED 42,000; 2014 AED 44,275; 2015 AED 51,975; 2016 AED 54,287; 2017 AED 52,000; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 32,486; 2021 AED 30,000; 2022 AED 33,600; 2023 AED 38,000; 2024 AED 45,075; 2025 AED 46,100; 2026 AED 47,900New contract, January 2013: AED 40,000 a yearNew contract, May 2017: AED 60,000 a yearNew contract, April 2018: AED 47,000 a yearRenewal, April 2019: AED 42,000 a yearRenewal, April 2020: AED 29,143 a yearNew contract, August 2021: AED 26,293 a yearRenewal, August 2023: AED 38,000 a yearNew contract, May 2024: AED 51,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in University View B, and where 217 sits

All 55 1-beds →

217 last sold in April 2024 at AED 574 per sqft, 14% above what one-beds in University View B were fetching at the time (AED 504). 217's AED 51,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Dec 2024545,000
17 Jul 2024520,000
9 Jul 2024498,000
27 May 2024495,000
0 1-bed sales 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

217, University View B in numbers

  • Sold twice: first on 15 August 2010 for AED 351,455, last on 4 April 2024 for AED 490,000 (AED 574 per sqft).
  • Rented since January 2013 on 8 Ejari contracts. The rent fell from AED 40,000 to AED 26,293 in 2021 and recovered to AED 51,000 by May 2024.
  • At AED 51,000 a year the gross yield on the 2024 price is 10.4%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 2024.

Questions about 217, University View B

What did unit 217 last sell for?

AED 490,000 on 4 April 2024: AED 574 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 351,455 in August 2010.

What is the rent for unit 217?

AED 51,000 a year on the contract signed on 1 May 2024. The previous contract, from August 2023, was AED 38,000; the unit has been rented since January 2013.

How big is unit 217?

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

What is unit 217 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 217, University View B

Starts from the last sale price (AED 490K, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 490,000
Deposit, UAE resident (20%)
AED 98,000
Deposit, non-resident (40%)
AED 196,000
Monthly over 25 years at 3.7%
AED 2,005

Plus AED 23,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →