1-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 3rd floor · completed 2008

312, 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.

Unit 312 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 438K5 May 2013
Current rentAED 45K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, University View B

What is 312 worth today?

Last sold for AED 437,656 in 2013

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1 Sep 2024RentedRenewal
AED 45,150/yr12 months · AED 53 per sqft
1 Sep 2023RentedNew contract
AED 43,000/yr12 months · AED 50 per sqft
1 Oct 2022RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
10 Sep 2021RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
10 Sep 2020RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
5 Sep 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
27 Apr 2018RentedRenewal
AED 52,000/yr12 months · AED 61 per sqft
27 Mar 2018RentedRenewal
AED 54,580/yr1 months · AED 64 per sqft

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

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
3rd of 8
Parking
G-171
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 438K · May 2013

About 312, University View B

312 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 13 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 45,150 a year: a gross yield of 10.3% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 312 over time

Sales
Unit 312, 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, May 2013: AED 437,656 (AED 513 per sqft)

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

Rents
Unit 312, each contractTypical one-bed in University View B
40K2012201620202024Typical 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, March 2013: AED 45,000 a yearRenewal, March 2014: AED 47,250 a yearRenewal, March 2015: AED 51,980 a yearRenewal, March 2016: AED 54,580 a yearRenewal, March 2017: AED 54,580 a yearRenewal, March 2018: AED 54,580 a yearRenewal, April 2018: AED 52,000 a yearNew contract, September 2019: AED 40,000 a yearNew contract, September 2020: AED 32,000 a yearRenewal, September 2021: AED 32,000 a yearNew contract, October 2022: AED 35,000 a yearNew contract, September 2023: AED 43,000 a yearRenewal, September 2024: AED 45,150 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 312 sits

All 55 1-beds →

312 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). 312's AED 45,150 is in the lower 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 3rd floor

All 160 units in University View B
Value
3011-bedAED 438K · May 2013
3022-bedAED 540K · Dec 2017
3031-bedAED 438K · May 2013
3041-bedAED 438K · May 2013
3051-bedAED 432K · May 2013
3062-bedAED 469K · May 2013
3072-bedAED 438K · May 2013
1–7 of 19

312, 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 13 Ejari contracts. The rent fell from AED 45,000 to AED 32,000 in 2021 and recovered to AED 45,150 by September 2024.
  • At AED 45,150 a year the gross yield on the 2013 price is 10.3%, 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 September 2024.

Questions about 312, University View B

What did unit 312 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 312?

AED 45,150 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 43,000; the unit has been rented since March 2013.

How big is unit 312?

853 sqft (79.2 sqm): a one-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2008.

What is unit 312 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 312, 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 →