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

402, University View B

Sold prices and rental history: sold 3 times, last in June 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 21 January 2023
Last soldAED 693K24 June 2019
Current rentAED 20K /yr21 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, University View B

What is 402 worth today?

Last sold for AED 693,120 in 2019

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21 Jan 2023RentedNew contract
AED 20,000/yr12 months · AED 24 per sqft
25 Nov 2021RentedRenewal
AED 31,000/yr12 months · AED 36 per sqft
25 Nov 2020RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
25 Nov 2019RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
24 Jun 2019SoldReady
AED 693,120AED 812 per sqft
3 Mar 2019SoldReady · flagged as an outlier
AED 149,244AED 175 per sqft
25 Aug 2017RentedNew contract
AED 60,000/yr12 months · AED 70 per sqft
25 Aug 2016RentedRenewal
AED 64,000/yr12 months · AED 75 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 21 January 2023.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
4th of 8
Parking
181
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 693K · June 2019
Building
University View B

About 402, University View B

402 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 693,120, or AED 812 per sqft, in line with the AED 793 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 21 January 2023, is AED 20,000 a year: a gross yield of 2.9% on the 2019 price, before the service charge of about AED 9,100 a year.

Sales and rents for 402 over time

Sales
Unit 402, 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 693,120 (AED 812 per sqft)

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

Rents
Unit 402, each contractTypical two-bed in University View B
20K40K60K2012201620202024Typical 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, August 2015: AED 64,000 a yearRenewal, August 2016: AED 64,000 a yearNew contract, August 2017: AED 60,000 a yearNew contract, November 2019: AED 35,000 a yearRenewal, November 2020: AED 32,000 a yearRenewal, November 2021: AED 31,000 a yearNew contract, January 2023: AED 20,000 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 402 sits

All 101 2-beds →

402 last sold in June 2019 at AED 812 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. 402's AED 20,000 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 4th floor

All 160 units in University View B
Value
4012-bedAED 677K · 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

402, University View B in numbers

  • Sold 3 times: first on 4 April 2010 for AED 396,566, last on 24 June 2019 for AED 693,120 (AED 812 per sqft).
  • Rented since August 2015 on 7 Ejari contracts, from AED 64,000 to AED 20,000 a year.
  • At AED 20,000 a year the gross yield on the 2019 price is 2.9%, 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 21 January 2023.

Questions about 402, University View B

What did unit 402 last sell for?

AED 693,120 on 24 June 2019: AED 812 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 402?

AED 20,000 a year on the contract signed on 21 January 2023. The previous contract, from November 2021, was AED 31,000; the unit has been rented since August 2015.

How big is unit 402?

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

What is unit 402 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 402, University View B

Starts from the last sale price (AED 693K, 24 June 2019). Switch to today's estimate once you have unlocked it.
Price
AED 693,120
Deposit, UAE resident (20%)
AED 138,624
Deposit, non-resident (40%)
AED 277,248
Monthly over 25 years at 3.7%
AED 2,836

Plus AED 34,121 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →