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2-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 4th floor · completed 2008

401, University View B

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 401 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 677K24 June 2019
Current rentAED 42K /yr25 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, University View B

What is 401 worth today?

Last sold for AED 676,875 in 2019

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25 Dec 2023RentedRenewal
AED 41,500/yr12 months · AED 49 per sqft
25 Dec 2022RentedRenewal
AED 37,000/yr12 months · AED 44 per sqft
25 Dec 2022RentedRenewal
AED 37,000/yr12 months · AED 44 per sqft
28 Nov 2020RentedNew contract
AED 32,000/yr12 months · AED 38 per sqft
28 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
24 Jun 2019SoldReady
AED 676,875AED 793 per sqft
3 Mar 2019SoldReady · flagged as an outlier
AED 149,244AED 175 per sqft
3 Sep 2017RentedNew contract
AED 64,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 25 December 2023.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
4th of 8
Parking
180
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 677K · June 2019
Building
University View B

About 401, University View B

401 is a two-bedroom apartment of 853 sqft on the 4th 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 24 June 2019 for AED 676,875, or AED 793 per sqft, in line with the AED 793 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 25 December 2023, is AED 41,500 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 9,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, 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, April 2010: AED 396,566 (AED 465 per sqft)Sold, June 2019: AED 676,875 (AED 793 per sqft)

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

Rents
Unit 401, 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, September 2013: AED 55,000 a yearNew contract, September 2015: AED 68,000 a yearRenewal, September 2016: AED 68,000 a yearNew contract, September 2017: AED 64,000 a yearNew contract, November 2019: AED 36,000 a yearNew contract, November 2020: AED 32,000 a yearRenewal, December 2022: AED 37,000 a yearRenewal, December 2022: AED 37,000 a yearRenewal, December 2023: AED 41,500 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 401 sits

All 101 2-beds →

401 last sold in June 2019 at AED 793 per sqft, in line with what two-beds in University View B were fetching at the time (AED 793). 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. 401's AED 41,500 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 4th floor

All 160 units in University View B
Value
4022-bedAED 693K · Jun 2019
4031-bedAED 724K · Jan 2024
4041-bedAED 495K · May 2024
4052-bedAED 400K · Aug 2019
4061-bedAED 149K · Sep 2018
4071-bedAED 149K · Sep 2018
4081-bedAED 545K · Dec 2024
1–7 of 19

401, University View B in numbers

  • Sold 3 times: first on 4 April 2010 for AED 396,566, last on 24 June 2019 for AED 676,875 (AED 793 per sqft).
  • Rented since September 2013 on 9 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2020 and recovered to AED 41,500 by December 2023.
  • At AED 41,500 a year the gross yield on the 2019 price is 6.1%, 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: Dubai Land Department. Updated 25 December 2023.

Questions about 401, University View B

What did unit 401 last sell for?

AED 676,875 on 24 June 2019: AED 793 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 396,566 in April 2010.

What is the rent for unit 401?

AED 41,500 a year on the contract renewed on 25 December 2023. The previous contract, from December 2022, was AED 37,000; the unit has been rented since September 2013.

How big is unit 401?

853 sqft (79.2 sqm): a two-bedroom apartment on the 4th floor of a 8-storey tower completed in 2008.

What is unit 401 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 401, University View B

Starts from the last sale price (AED 677K, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 676,875
Deposit, UAE resident (20%)
AED 135,375
Deposit, non-resident (40%)
AED 270,750
Monthly over 25 years at 3.7%
AED 2,769

Plus AED 33,439 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →