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2-bed · 914 sqftUniversity View B, Dubai Silicon Oasis · 3rd floor · completed 2008

315, University View B

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 315 · DLD and Ejari recordsUpdated 10 October 2024
Last soldAED 540K10 December 2017
Current rentAED 43K /yr10 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 315, University View B

What is 315 worth today?

Last sold for AED 540,000 in 2017

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10 Oct 2024RentedRenewal
AED 43,050/yr12 months · AED 47 per sqft
10 Oct 2023RentedNew contract
AED 41,000/yr12 months · AED 45 per sqft
15 Sep 2022RentedRenewal
AED 34,000/yr12 months · AED 37 per sqft
15 Sep 2021RentedNew contract
AED 32,000/yr12 months · AED 35 per sqft
28 Jul 2020RentedRenewal
AED 38,000/yr12 months · AED 42 per sqft
28 Jul 2018RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft
10 Dec 2017SoldReady
AED 540,000AED 590 per sqft
28 Mar 2017RentedRenewal
AED 53,250/yr12 months · AED 58 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 October 2024.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
3rd of 8
Parking
174
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,800 /yr
Last sold
AED 540K · December 2017
Building
University View B

About 315, University View B

315 is a two-bedroom apartment of 914 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. It last sold on 10 December 2017 for AED 540,000, or AED 590 per sqft, 7% below the AED 633 two-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 10 October 2024, is AED 43,050 a year: a gross yield of 8.0% on the 2017 price, before the service charge of about AED 9,800 a year.

Sales and rents for 315 over time

Sales
Unit 315, 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, May 2013: AED 469,186 (AED 513 per sqft)Sold, December 2017: AED 540,000 (AED 590 per sqft)

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

Rents
Unit 315, 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, March 2013: AED 46,000 a yearRenewal, March 2014: AED 48,300 a yearRenewal, March 2015: AED 50,715 a yearRenewal, March 2016: AED 53,250 a yearRenewal, March 2017: AED 53,250 a yearNew contract, July 2018: AED 50,000 a yearRenewal, July 2020: AED 38,000 a yearNew contract, September 2021: AED 32,000 a yearRenewal, September 2022: AED 34,000 a yearNew contract, October 2023: AED 41,000 a yearRenewal, October 2024: AED 43,050 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 315 sits

All 101 2-beds →

315 last sold in December 2017 at AED 590 per sqft, 7% below what two-beds in University View B were fetching at the time (AED 633). 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. 315's AED 43,050 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 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

315, University View B in numbers

  • Sold twice: first on 5 May 2013 for AED 469,186, last on 10 December 2017 for AED 540,000 (AED 590 per sqft).
  • Rented since March 2013 on 11 Ejari contracts. The rent fell from AED 46,000 to AED 32,000 in 2021 and recovered to AED 43,050 by October 2024.
  • At AED 43,050 a year the gross yield on the 2017 price is 8.0%, before a service charge of about AED 9,800 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 10 October 2024.

Questions about 315, University View B

What did unit 315 last sell for?

AED 540,000 on 10 December 2017: AED 590 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 469,186 in May 2013.

What is the rent for unit 315?

AED 43,050 a year on the contract renewed on 10 October 2024. The previous contract, from October 2023, was AED 41,000; the unit has been rented since March 2013.

How big is unit 315?

914 sqft (84.9 sqm): a two-bedroom apartment on the 3rd floor of a 8-storey tower completed in 2008.

What is unit 315 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 315, University View B

Starts from the last sale price (AED 540K, 10 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 540,000
Deposit, UAE resident (20%)
AED 108,000
Deposit, non-resident (40%)
AED 216,000
Monthly over 25 years at 3.7%
AED 2,209

Plus AED 27,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →