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

418, University View B

Sold prices and rental history: sold 3 times, last in August 2020, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 418 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 400K10 August 2020
Current rentAED 42K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 418, University View B

What is 418 worth today?

Last sold for AED 400,000 in 2020

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1 Oct 2024RentedRenewal
AED 42,400/yr12 months · AED 50 per sqft
1 Oct 2023RentedRenewal
AED 38,525/yr12 months · AED 45 per sqft
1 Oct 2022RentedRenewal
AED 33,500/yr12 months · AED 39 per sqft
1 Oct 2021RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
1 Oct 2020RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
10 Aug 2020SoldReady
AED 400,000AED 469 per sqft
25 Aug 2019RentedNew contract
AED 37,000/yr12 months · AED 43 per sqft
15 Apr 2019RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
4th of 8
Parking
198
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 400K · August 2020
Building
University View B

About 418, University View B

418 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 10 August 2020 for AED 400,000, or AED 469 per sqft, 13% above the AED 415 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 42,400 a year: a gross yield of 10.6% on the 2020 price, before the service charge of about AED 9,100 a year.

Sales and rents for 418 over time

Sales
Unit 418, 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, August 2020: AED 400,000 (AED 469 per sqft)

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

Rents
Unit 418, 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, August 2017: AED 54,337 a yearNew contract, April 2019: AED 40,000 a yearNew contract, August 2019: AED 37,000 a yearNew contract, October 2020: AED 30,000 a yearRenewal, October 2021: AED 30,000 a yearRenewal, October 2022: AED 33,500 a yearRenewal, October 2023: AED 38,525 a yearRenewal, October 2024: AED 42,400 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 418 sits

All 101 2-beds →

418 last sold in August 2020 at AED 469 per sqft, 13% above what two-beds in University View B were fetching at the time (AED 415). 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. 418's AED 42,400 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
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

418, University View B in numbers

  • Sold 3 times: first on 4 April 2010 for AED 396,566, last on 10 August 2020 for AED 400,000 (AED 469 per sqft).
  • Rented since August 2017 on 8 Ejari contracts. The rent fell from AED 54,337 to AED 30,000 in 2021 and recovered to AED 42,400 by October 2024.
  • At AED 42,400 a year the gross yield on the 2020 price is 10.6%, 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 1 October 2024.

Questions about 418, University View B

What did unit 418 last sell for?

AED 400,000 on 10 August 2020: AED 469 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 418?

AED 42,400 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 38,525; the unit has been rented since August 2017.

How big is unit 418?

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

What is unit 418 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 418, University View B

Starts from the last sale price (AED 400K, 10 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

Plus AED 19,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →