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

412, University View B

Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 412 · DLD and Ejari recordsUpdated 30 April 2024
Last soldAED 149K9 September 2018
Current rentAED 53K /yr30 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 412, University View B

What is 412 worth today?

Last sold for AED 149,230 in 2018

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30 Apr 2024RentedNew contract
AED 53,000/yr12 months · AED 62 per sqft
1 Apr 2023RentedRenewal
AED 39,000/yr12 months · AED 46 per sqft
1 Apr 2022RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
13 Feb 2021RentedRenewal
AED 34,000/yr12 months · AED 40 per sqft
29 Dec 2019RentedRenewal
AED 37,333/yr14 months · AED 44 per sqft
9 Sep 2018SoldReady · flagged as an outlier
AED 149,230AED 174 per sqft
5 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
16 Oct 2016RentedNew contract
AED 51,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 30 April 2024.

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
4th of 8
Parking
G-191
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 149K · September 2018

About 412, University View B

412 is a one-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 9 September 2018 for AED 149,230, or AED 174 per sqft, 73% below the AED 648 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 30 April 2024, is AED 53,000 a year: a gross yield of 35.5% on the 2018 price, before the service charge of about AED 9,100 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, April 2010: AED 396,566 (AED 465 per sqft)

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

Rents
Unit 412, 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, October 2014: AED 44,000 a yearNew contract, October 2016: AED 51,000 a yearNew contract, December 2017: AED 50,000 a yearRenewal, December 2019: AED 37,333 a yearRenewal, February 2021: AED 34,000 a yearNew contract, April 2022: AED 34,000 a yearRenewal, April 2023: AED 39,000 a yearNew contract, April 2024: AED 53,000 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 412 sits

All 55 1-beds →

412 last sold in September 2018 at AED 174 per sqft, 73% below what one-beds in University View B were fetching at the time (AED 648). 412's AED 53,000 is in the upper 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 4th floor

All 160 units in University View B
Value
4012-bedAED 677K · Jun 2019
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
1–7 of 19

412, University View B in numbers

  • Sold twice: first on 4 April 2010 for AED 396,566, last on 9 September 2018 for AED 149,230 (AED 174 per sqft).
  • Rented since October 2014 on 8 Ejari contracts. The rent fell from AED 44,000 to AED 34,000 in 2022 and recovered to AED 53,000 by April 2024.
  • At AED 53,000 a year the gross yield on the 2018 price is 35.5%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

Source: Dubai Land Department. Updated 30 April 2024.

Questions about 412, University View B

What did unit 412 last sell for?

AED 149,230 on 9 September 2018: AED 174 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 396,566 in April 2010.

What is the rent for unit 412?

AED 53,000 a year on the contract signed on 30 April 2024. The previous contract, from April 2023, was AED 39,000; the unit has been rented since October 2014.

How big is unit 412?

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

What is unit 412 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 412, University View B

Starts from the last sale price (AED 149K, 9 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 149,230
Deposit, UAE resident (20%)
AED 29,846
Deposit, non-resident (40%)
AED 59,692
Monthly over 25 years at 3.7%
AED 611

Plus AED 9,177 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →