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1-bed · 841 sqftUniversity View B, Dubai Silicon Oasis · 5th floor · completed 2008

516, University View B

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 1 August 2025
Last soldAED 450K13 December 2023
Current rentAED 60K /yr1 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 516, University View B

What is 516 worth today?

Last sold for AED 450,000 in 2023

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1 Aug 2025RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft
2 Jul 2024RentedNew contract
AED 78,000/yr12 months · AED 93 per sqft
13 Dec 2023SoldReady
AED 450,000AED 535 per sqft
10 Feb 2023RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
10 Feb 2022RentedRenewal
AED 27,500/yr12 months · AED 33 per sqft
10 Feb 2021RentedNew contract
AED 27,500/yr12 months · AED 33 per sqft
15 Mar 2019RentedRenewal
AED 50,000/yr6 months · AED 60 per sqft
15 Mar 2017RentedNew contract
AED 60,000/yr12 months · AED 71 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
5th of 8
Parking
G-325
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,000 /yr
Last sold
AED 450K · December 2023
Building
University View B

About 516, University View B

516 is a one-bedroom apartment of 841 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 13 December 2023 for AED 450,000, or AED 535 per sqft, 9% above the AED 493 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 August 2025, is AED 60,000 a year: a gross yield of 13.3% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for 516 over time

Sales
Unit 516, each saleTypical one-bed in University View B
400K600K2010201420182022Typical 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, January 2011: AED 380,000 (AED 451 per sqft)Sold, October 2013: AED 460,000 (AED 547 per sqft)Sold, June 2014: AED 670,000 (AED 796 per sqft)Sold, December 2023: AED 450,000 (AED 535 per sqft)

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

Rents
Unit 516, each contractTypical one-bed in University View B
25K50K75K2012201620202024Typical 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, March 2013: AED 34,000 a yearRenewal, March 2014: AED 37,400 a yearNew contract, March 2015: AED 63,000 a yearNew contract, March 2017: AED 60,000 a yearRenewal, March 2019: AED 50,000 a yearNew contract, February 2021: AED 27,500 a yearRenewal, February 2022: AED 27,500 a yearNew contract, February 2023: AED 33,000 a yearNew contract, July 2024: AED 78,000 a yearNew contract, August 2025: AED 60,000 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 516 sits

All 55 1-beds →

516 last sold in December 2023 at AED 535 per sqft, 9% above what one-beds in University View B were fetching at the time (AED 493). 516's AED 60,000 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 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

516, University View B in numbers

  • Sold 4 times: first on 11 January 2011 for AED 380,000, last on 13 December 2023 for AED 450,000 (AED 535 per sqft).
  • Rented since March 2013 on 10 Ejari contracts. The rent fell from AED 34,000 to AED 27,500 in 2022 and recovered to AED 60,000 by August 2025.
  • At AED 60,000 a year the gross yield on the 2023 price is 13.3%, before a service charge of about AED 9,000 a year (AED 10.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2025.

Questions about 516, University View B

What did unit 516 last sell for?

AED 450,000 on 13 December 2023: AED 535 per sqft for 841 sqft. The unit has 4 registered sales; the first was AED 380,000 in January 2011.

What is the rent for unit 516?

AED 60,000 a year on the contract signed on 1 August 2025. The previous contract, from July 2024, was AED 78,000; the unit has been rented since March 2013.

How big is unit 516?

841 sqft (78.1 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 516 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 516, University View B

Starts from the last sale price (AED 450K, 13 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

Plus AED 21,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →