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2-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 5th floor · completed 2008

512, University View B

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 512 · DLD and Ejari recordsUpdated 25 April 2021
Last soldAED 360K25 April 2021
Current rentAED 37K /yr28 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 512, University View B

What is 512 worth today?

Last sold for AED 360,000 in 2021

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25 Apr 2021SoldReady
AED 360,000AED 422 per sqft
28 Mar 2020RentedNew contract
AED 37,000/yr12 months · AED 44 per sqft
5 Jan 2019RentedRenewal
AED 41,538/yr13 months · AED 49 per sqft
5 Jan 2018RentedNew contract
AED 52,000/yr12 months · AED 61 per sqft
20 Nov 2016RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft
20 Nov 2015RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
18 Feb 2014SoldReady
AED 650,000AED 762 per sqft
1 Feb 2014RentedNew contract
AED 41,400/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 25 April 2021.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
321
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 360K · April 2021
Building
University View B

About 512, University View B

512 is a two-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 25 April 2021 for AED 360,000, or AED 422 per sqft, in line with the AED 415 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 28 March 2020, is AED 37,000 a year: a gross yield of 10.3% on the 2021 price, before the service charge of about AED 9,100 a year.

Sales and rents for 512 over time

Sales
Unit 512, 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, January 2011: AED 380,000 (AED 445 per sqft)Sold, October 2013: AED 460,000 (AED 539 per sqft)Sold, February 2014: AED 650,000 (AED 762 per sqft)Sold, April 2021: AED 360,000 (AED 422 per sqft)

512 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 512, 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, February 2014: AED 41,400 a yearNew contract, November 2015: AED 60,000 a yearRenewal, November 2016: AED 60,000 a yearNew contract, January 2018: AED 52,000 a yearRenewal, January 2019: AED 41,538 a yearNew contract, March 2020: AED 37,000 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 512 sits

All 101 2-beds →

512 last sold in April 2021 at AED 422 per sqft, in line with 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. 512's AED 37,000 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 5th floor

All 160 units in University View B
Value
5011-bedAED 687K · Aug 2019
5021-bedAED 687K · Aug 2019
5032-bedAED 570K · Jul 2017
5042-bedAED 476K · May 2011
5052-bedAED 450K · Oct 2013
5062-bedAED 710K · Sep 2014
5071-bedAED 149K · Sep 2018
1–7 of 19

512, University View B in numbers

  • Sold 4 times: first on 10 January 2011 for AED 380,000, last on 25 April 2021 for AED 360,000 (AED 422 per sqft).
  • Rented since February 2014 on 6 Ejari contracts, from AED 41,400 to AED 37,000 a year.
  • At AED 37,000 a year the gross yield on the 2021 price is 10.3%, 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 April 2021.

Questions about 512, University View B

What did unit 512 last sell for?

AED 360,000 on 25 April 2021: AED 422 per sqft for 853 sqft. The unit has 4 registered sales; the first was AED 380,000 in January 2011.

What is the rent for unit 512?

AED 37,000 a year on the contract signed on 28 March 2020. The previous contract, from January 2019, was AED 41,538; the unit has been rented since February 2014.

How big is unit 512?

853 sqft (79.2 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 512 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 512, University View B

Starts from the last sale price (AED 360K, 25 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 360,000
Deposit, UAE resident (20%)
AED 72,000
Deposit, non-resident (40%)
AED 144,000
Monthly over 25 years at 3.7%
AED 1,473

Plus AED 18,030 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →