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

218, University View B

Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 218 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 300K21 June 2012
Current rentAED 41K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 218, University View B

What is 218 worth today?

Last sold for AED 300,000 in 2012

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15 Aug 2024RentedRenewal
AED 41,000/yr12 months · AED 48 per sqft
15 Dec 2023RentedNew contract
AED 38,000/yr8 months · AED 45 per sqft
5 Jun 2023RentedRenewal
AED 34,500/yr6 months · AED 40 per sqft
26 Jan 2021RentedNew contract
AED 27,850/yr6 months · AED 33 per sqft
11 Dec 2019RentedRenewal
AED 42,000/yr12 months · AED 49 per sqft
11 Dec 2018RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
18 Dec 2017RentedRenewal
AED 50,992/yr12 months · AED 60 per sqft
18 Dec 2016RentedNew contract
AED 54,000/yr12 months · AED 63 per sqft

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

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
2nd of 8
Parking
81
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 300K · June 2012
Building
University View B

About 218, University View B

218 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 21 June 2012 for AED 300,000, or AED 351 per sqft, 25% below the AED 466 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 15 August 2024, is AED 41,000 a year: a gross yield of 13.7% on the 2012 price, before the service charge of about AED 9,100 a year.

Sales and rents for 218 over time

Sales
Unit 218, 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, June 2012: AED 300,000 (AED 351 per sqft)

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

Rents
Unit 218, 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, November 2012: AED 34,500 a yearNew contract, December 2014: AED 59,204 a yearRenewal, December 2015: AED 55,618 a yearNew contract, November 2016: AED 50,000 a yearNew contract, December 2016: AED 54,000 a yearRenewal, December 2017: AED 50,992 a yearRenewal, December 2018: AED 48,000 a yearRenewal, December 2019: AED 42,000 a yearNew contract, January 2021: AED 27,850 a yearRenewal, June 2023: AED 34,500 a yearNew contract, December 2023: AED 38,000 a yearRenewal, August 2024: AED 41,000 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 218 sits

All 101 2-beds →

218 last sold in June 2012 at AED 351 per sqft, 25% below what two-beds in University View B were fetching at the time (AED 466). 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. 218's AED 41,000 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
2042-bedAED 700K · Sep 2014
2052-bedAED 420K · Jan 2023
2061-bedAED 509K · Sep 2023
2072-bedAED 380K · Jul 2014
1–7 of 19

218, University View B in numbers

  • Sold twice: first on 15 August 2010 for AED 351,455, last on 21 June 2012 for AED 300,000 (AED 351 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 34,500 to AED 27,850 in 2021 and recovered to AED 41,000 by August 2024.
  • At AED 41,000 a year the gross yield on the 2012 price is 13.7%, 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 August 2024.

Questions about 218, University View B

What did unit 218 last sell for?

AED 300,000 on 21 June 2012: AED 351 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 218?

AED 41,000 a year on the contract renewed on 15 August 2024. The previous contract, from December 2023, was AED 38,000; the unit has been rented since November 2012.

How big is unit 218?

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

What is unit 218 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 218, University View B

Starts from the last sale price (AED 300K, 21 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 300,000
Deposit, UAE resident (20%)
AED 60,000
Deposit, non-resident (40%)
AED 120,000
Monthly over 25 years at 3.7%
AED 1,227

Plus AED 15,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →