301, University View B
Sold prices and rental history: sold once, by the developer in May 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 301, University View B
What is 301 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 853 sqft
- Floor
- 3rd of 8
- Parking
- G-84
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 438K · May 2013
- Building
- University View B
About 301, University View B
301 is a one-bedroom apartment of 853 sqft on the 3rd floor of University View B, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development. The developer sold it on 5 May 2013 for AED 437,656, or AED 513 per sqft, in line with the AED 513 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 42,350 a year: a gross yield of 9.7% on the 2013 price, before the service charge of about AED 9,100 a year.
Sales and rents for 301 over time
301 has sold once; the dashed line is the one-bed median of each year in the building.
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 301 sits
All 55 1-beds →301 last sold in May 2013 at AED 513 per sqft, in line with what one-beds in University View B were fetching at the time (AED 513). 301's AED 42,350 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202416 December 2024 | 853 sqft | 545,000 | 639 | ||
| 17 Jul 202417 July 2024 | 853 sqft | 520,000 | 609 | ||
| 9 Jul 20249 July 2024 | 853 sqft | 498,000 | 583 | ||
| 27 May 202427 May 2024 | 853 sqft | 495,000 | 580 |
University View B
Building160 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%
Other units on the 3rd floor
All 160 units in University View B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 302 | 2-bed | 853 sqft | AED 540KAED 540,000 · Dec 2017December 2017 | 44,500 /yr | |
| 303 | 1-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 42,735 /yr | |
| 304 | 1-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 46,000 /yr | |
| 305 | 1-bed | 841 sqft | AED 432KAED 431,530 · May 2013May 2013 | 56,000 /yr | |
| 306 | 2-bed | 914 sqft | AED 469KAED 469,186 · May 2013May 2013 | 45,200 /yr | |
| 307 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 41,745 /yr | |
| 308 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 45,045 /yr | |
| 309 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 46,000 /yr | |
| 310 | 1-bed | 488 sqft | AED 251KAED 250,689 · May 2013May 2013 | 31,878 /yr | |
| 311 | 1-bed | 488 sqft | AED 251KAED 250,689 · May 2013May 2013 | 32,670 /yr | |
| 312 | 1-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 45,150 /yr | |
| 313 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 45,000 /yr | |
| 314 | 1-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 44,871 /yr | |
| 315 | 2-bed | 914 sqft | AED 540KAED 540,000 · Dec 2017December 2017 | 43,050 /yr | |
| 316 | 2-bed | 841 sqft | AED 432KAED 431,530 · May 2013May 2013 | 57,000 /yr | |
| 317 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 65,000 /yr | |
| 318 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 42,735 /yr | |
| 319 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 42,735 /yr | |
| 320 | 2-bed | 853 sqft | AED 438KAED 437,656 · May 2013May 2013 | 42,350 /yr |
301, University View B in numbers
- Sold once: by Vakson First Property Development on 5 May 2013 for AED 437,656, or AED 513 per sqft.
- Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2021 and recovered to AED 42,350 by October 2024.
- At AED 42,350 a year the gross yield on the 2013 price is 9.7%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
Source: Dubai Land Department. Updated 1 October 2024.
Questions about 301, University View B
What did unit 301 last sell for?
AED 437,656 on 5 May 2013, sold by the developer: AED 513 per sqft for 853 sqft. It is the only registered sale of the unit.
What is the rent for unit 301?
AED 42,350 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 38,500; the unit has been rented since March 2013.
How big is unit 301?
853 sqft (79.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2008.
What is unit 301 worth today?
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Mortgage on 301, University View B
Starts from the last sale price (AED 438K, 5 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 437,656
- Deposit, UAE resident (20%)
- AED 87,531
- Deposit, non-resident (40%)
- AED 175,062
- Monthly over 25 years at 3.7%
- AED 1,791
Plus AED 21,291 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →