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1-bed · 488 sqftUniversity View B, Dubai Silicon Oasis · 6th floor · completed 2008

611, University View B

Sold prices and rental history: sold once, by the developer in June 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 26 July 2024
Last soldAED 330K23 June 2013
Current rentAED 29K /yr26 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, University View B

What is 611 worth today?

Last sold for AED 330,000 in 2013

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26 Jul 2024RentedRenewal
AED 29,100/yr12 months · AED 60 per sqft
10 Jul 2023RentedRenewal
AED 25,359/yr13 months · AED 52 per sqft
20 Apr 2021RentedNew contract
AED 19,000/yr12 months · AED 39 per sqft
24 Oct 2019RentedRenewal
AED 32,000/yr12 months · AED 66 per sqft
26 Jun 2016RentedNew contract
AED 40,000/yr12 months · AED 83 per sqft
23 Jun 2013Sold by developerReady
AED 330,000AED 675 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2024.

Key facts

Type
1-bed apartment
Size
488 sqft
Floor
6th of 8
Parking
335
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 5,200 /yr
Last sold
AED 330K · June 2013
Building
University View B

About 611, University View B

611 is a one-bedroom apartment of 488 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. The developer sold it on 23 June 2013 for AED 330,000, or AED 675 per sqft, 32% above the AED 513 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 26 July 2024, is AED 29,100 a year: a gross yield of 8.8% on the 2013 price, before the service charge of about AED 5,200 a year.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical one-bed in University View B
300K400K500K2010201420182022Typical 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, June 2013: AED 330,000 (AED 675 per sqft)

611 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 611, each contractTypical one-bed in University View B
20K40K60K2012201620202024Typical 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, June 2016: AED 40,000 a yearRenewal, October 2019: AED 32,000 a yearNew contract, April 2021: AED 19,000 a yearRenewal, July 2023: AED 25,359 a yearRenewal, July 2024: AED 29,100 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 611 sits

All 55 1-beds →

611 last sold in June 2013 at AED 675 per sqft, 32% above what one-beds in University View B were fetching at the time (AED 513). 611's AED 29,100 is at the bottom 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
6051-bedAED 450K · Sep 2023
6062-bedAED 410K · Sep 2020
6072-bedAED 625K · Feb 2017
1–7 of 19

611, University View B in numbers

  • Sold once: by Vakson First Property Development on 23 June 2013 for AED 330,000, or AED 675 per sqft.
  • Rented since June 2016 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 19,000 in 2021 and recovered to AED 29,100 by July 2024.
  • At AED 29,100 a year the gross yield on the 2013 price is 8.8%, before a service charge of about AED 5,200 a year (AED 10.68 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 26 July 2024.

Questions about 611, University View B

What did unit 611 last sell for?

AED 330,000 on 23 June 2013, sold by the developer: AED 675 per sqft for 488 sqft. It is the only registered sale of the unit.

What is the rent for unit 611?

AED 29,100 a year on the contract renewed on 26 July 2024. The previous contract, from July 2023, was AED 25,359; the unit has been rented since June 2016.

How big is unit 611?

488 sqft (45.3 sqm): a one-bedroom apartment on the 6th floor of a 8-storey tower completed in 2008.

What is unit 611 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 611, University View B

Starts from the last sale price (AED 330K, 23 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 330,000
Deposit, UAE resident (20%)
AED 66,000
Deposit, non-resident (40%)
AED 132,000
Monthly over 25 years at 3.7%
AED 1,350

Plus AED 16,770 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →