1-bed · 841 sqftUniversity View B, Dubai Silicon Oasis · 6th floor · completed 2008

605, University View B

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 450K27 September 2023
Current rentAED 33K /yr20 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, University View B

What is 605 worth today?

Last sold for AED 450,000 in 2023

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27 Sep 2023SoldReady
AED 450,000AED 535 per sqft
20 Feb 2022RentedNew contract
AED 33,000/yr12 months · AED 39 per sqft
10 Apr 2021RentedNew contract
AED 28,000/yr12 months · AED 33 per sqft
25 Jul 2020RentedNew contract
AED 34,000/yr12 months · AED 40 per sqft
25 Mar 2019SoldReady
AED 460,000AED 547 per sqft
20 Mar 2019RentedNew contract
AED 42,000/yr12 months · AED 50 per sqft
19 Dec 2017RentedRenewal
AED 52,000/yr12 months · AED 62 per sqft
19 Dec 2016RentedNew contract
AED 58,000/yr12 months · AED 69 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 September 2023.

Key facts

Type
1-bed apartment
Size
841 sqft
Floor
6th of 8
Parking
G-317
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,000 /yr
Last sold
AED 450K · September 2023

About 605, University View B

605 is a one-bedroom apartment of 841 sqft on the 6th 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 27 September 2023 for AED 450,000, or AED 535 per sqft, 7% above the AED 501 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 20 February 2022, is AED 33,000 a year: a gross yield of 7.3% on the 2023 price, before the service charge of about AED 9,000 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, March 2013: AED 450,000 (AED 535 per sqft)Sold, March 2019: AED 460,000 (AED 547 per sqft)Sold, September 2023: AED 450,000 (AED 535 per sqft)

605 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 605, each contractTypical one-bed in University View B
40K60K2012201620202024Typical 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, April 2013: AED 45,000 a yearRenewal, April 2014: AED 47,250 a yearRenewal, April 2015: AED 51,975 a yearRenewal, April 2016: AED 54,574 a yearNew contract, December 2016: AED 58,000 a yearRenewal, December 2017: AED 52,000 a yearNew contract, March 2019: AED 42,000 a yearNew contract, July 2020: AED 34,000 a yearNew contract, April 2021: AED 28,000 a yearNew contract, February 2022: AED 33,000 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 605 sits

All 55 1-beds →

605 last sold in September 2023 at AED 535 per sqft, 7% above what one-beds in University View B were fetching at the time (AED 501). 605's AED 33,000 is in the lower 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 6th floor

All 160 units in University View B
Value
6012-bedAED 440K · Jun 2013
6022-bedAED 450K · Sep 2013
6032-bedAED 415K · Jan 2012
6042-bedAED 415K · Jan 2012
6062-bedAED 410K · Sep 2020
6072-bedAED 625K · Feb 2017
6082-bedAED 435K · Oct 2013
1–7 of 19

605, University View B in numbers

  • Sold 3 times: first on 31 March 2013 for AED 450,000, last on 27 September 2023 for AED 450,000 (AED 535 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 28,000 in 2021 and recovered to AED 33,000 by February 2022.
  • At AED 33,000 a year the gross yield on the 2023 price is 7.3%, 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 27 September 2023.

Questions about 605, University View B

What did unit 605 last sell for?

AED 450,000 on 27 September 2023: AED 535 per sqft for 841 sqft. The unit has 3 registered sales; the first was AED 450,000 in March 2013.

What is the rent for unit 605?

AED 33,000 a year on the contract signed on 20 February 2022. The previous contract, from April 2021, was AED 28,000; the unit has been rented since April 2013.

How big is unit 605?

841 sqft (78.1 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2008.

What is unit 605 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 605, University View B

Starts from the last sale price (AED 450K, 27 September 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 →