507, University View B
Sold prices and rental history: sold twice, last in September 2018, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 507, University View B
What is 507 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 853 sqft
- Floor
- 5th of 8
- Parking
- G-291
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 149K · September 2018
- Building
- University View B
About 507, University View B
507 is a one-bedroom apartment of 853 sqft on the 5th 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 149,244, or AED 175 per sqft, 73% below the AED 648 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 4 May 2024, is AED 50,279 a year: a gross yield of 33.7% on the 2018 price, before the service charge of about AED 9,100 a year.
Sales and rents for 507 over time
507 has sold once; the dashed line is the one-bed median of each year in the building.
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 507 sits
All 55 1-beds →507 last sold in September 2018 at AED 175 per sqft, 73% below what one-beds in University View B were fetching at the time (AED 648). 507's AED 50,279 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Dec 202416 December 2024 | 853 sqft | 545,000 | 639 | ||
| 17 Jul 202417 July 2024 | 853 sqft | 520,000 | 609 | ||
| 9 Jul 20249 July 2024 | 853 sqft | 498,000 | 583 | ||
| 27 May 202427 May 2024 | 853 sqft | 495,000 | 580 |
University View B
Building160 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%
Other units on the 5th floor
All 160 units in University View B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 853 sqft | AED 687KAED 687,075 · Aug 2019August 2019 | 45,000 /yr | |
| 502 | 1-bed | 853 sqft | AED 687KAED 687,075 · Aug 2019August 2019 | 44,000 /yr | |
| 503 | 2-bed | 853 sqft | AED 570KAED 570,000 · Jul 2017July 2017 | 40,000 /yr | |
| 504 | 2-bed | 853 sqft | AED 476KAED 475,918 · May 2011May 2011 | 39,000 /yr | |
| 505 | 2-bed | 841 sqft | AED 450KAED 450,000 · Oct 2013October 2013 | 58,000 /yr | |
| 506 | 2-bed | 914 sqft | AED 710KAED 710,000 · Sep 2014September 2014 | 41,000 /yr | |
| 508 | 2-bed | 853 sqft | AED 350KAED 350,000 · Apr 2021April 2021 | 40,000 /yr | |
| 509 | 2-bed | 853 sqft | AED 680KAED 680,000 · May 2014May 2014 | 33,500 /yr | |
| 510 | 1-bed | 488 sqft | AED 430KAED 430,000 · Jul 2014July 2014 | 36,000 /yr | |
| 511 | 1-bed | 488 sqft | AED 430KAED 430,000 · Jun 2014June 2014 | 36,000 /yr | |
| 512 | 2-bed | 853 sqft | AED 360KAED 360,000 · Apr 2021April 2021 | 37,000 /yr | |
| 513 | 1-bed | 853 sqft | AED 498KAED 498,000 · Jul 2024July 2024 | 46,200 /yr | |
| 514 | 1-bed | 853 sqft | AED 410KAED 410,000 · Dec 2023December 2023 | 60,000 /yr | |
| 515 | 2-bed | 914 sqft | AED 485KAED 485,000 · Apr 2013April 2013 | 43,560 /yr | |
| 516 | 1-bed | 841 sqft | AED 450KAED 450,000 · Dec 2023December 2023 | 60,000 /yr | |
| 517 | 2-bed | 853 sqft | AED 350KAED 350,000 · Apr 2021April 2021 | 52,000 /yr | |
| 518 | 2-bed | 853 sqft | AED 650KAED 650,000 · Mar 2014March 2014 | 42,780 /yr | |
| 519 | 2-bed | 853 sqft | AED 350KAED 350,000 · Apr 2021April 2021 | 36,950 /yr | |
| 520 | 2-bed | 853 sqft | AED 400KAED 400,000 · Sep 2010September 2010 | 52,500 /yr |
507, University View B in numbers
- Sold twice: first on 4 April 2010 for AED 396,566, last on 9 September 2018 for AED 149,244 (AED 175 per sqft).
- Rented since June 2012 on 11 Ejari contracts, from AED 33,000 to AED 50,279 a year.
- At AED 50,279 a year the gross yield on the 2018 price is 33.7%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 4 May 2024.
Questions about 507, University View B
What did unit 507 last sell for?
AED 149,244 on 9 September 2018: AED 175 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 507?
AED 50,279 a year on the contract renewed on 4 May 2024. The previous contract, from May 2023, was AED 40,283; the unit has been rented since June 2012.
How big is unit 507?
853 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.
What is unit 507 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 507, 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 149,244
- Deposit, UAE resident (20%)
- AED 29,849
- Deposit, non-resident (40%)
- AED 59,698
- Monthly over 25 years at 3.7%
- AED 611
Plus AED 9,178 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →