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2-bed · 914 sqftUniversity View B, Dubai Silicon Oasis · 6th floor · completed 2008

615, University View B

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

Unit 615 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 485K12 May 2013
Current rentAED 45K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 615, University View B

What is 615 worth today?

Last sold for AED 485,000 in 2013

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1 Dec 2024RentedRenewal
AED 45,000/yr12 months · AED 49 per sqft
1 Dec 2023RentedRenewal
AED 40,000/yr12 months · AED 44 per sqft
1 Dec 2022RentedRenewal
AED 32,000/yr12 months · AED 35 per sqft
1 Dec 2021RentedRenewal
AED 30,000/yr12 months · AED 33 per sqft
25 Oct 2019RentedNew contract
AED 38,000/yr12 months · AED 42 per sqft
10 Aug 2017RentedRenewal
AED 50,000/yr12 months · AED 55 per sqft
10 Aug 2016RentedNew contract
AED 52,500/yr12 months · AED 57 per sqft
10 Aug 2014RentedNew contract
AED 50,000/yr12 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2024.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
6th of 8
Parking
339
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,800 /yr
Last sold
AED 485K · May 2013
Building
University View B

About 615, University View B

615 is a two-bedroom apartment of 914 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 12 May 2013 for AED 485,000, or AED 530 per sqft, 3% above the AED 513 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 December 2024, is AED 45,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 9,800 a year.

Sales and rents for 615 over time

Sales
Unit 615, 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, May 2013: AED 485,000 (AED 530 per sqft)

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

Rents
Unit 615, 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, August 2013: AED 45,000 a yearNew contract, August 2014: AED 50,000 a yearNew contract, August 2016: AED 52,500 a yearRenewal, August 2017: AED 50,000 a yearNew contract, October 2019: AED 38,000 a yearRenewal, December 2021: AED 30,000 a yearRenewal, December 2022: AED 32,000 a yearRenewal, December 2023: AED 40,000 a yearRenewal, December 2024: AED 45,000 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 615 sits

All 101 2-beds →

615 last sold in May 2013 at AED 530 per sqft, 3% above what two-beds in University View B were fetching at the time (AED 513). 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. 615's AED 45,000 is in the lower half 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 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

615, University View B in numbers

  • Sold once: by Vakson First Property Development on 12 May 2013 for AED 485,000, or AED 530 per sqft.
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2021 and recovered to AED 45,000 by December 2024.
  • At AED 45,000 a year the gross yield on the 2013 price is 9.3%, before a service charge of about AED 9,800 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: YallaValue analysis of Dubai Land Department records. Updated 1 December 2024.

Questions about 615, University View B

What did unit 615 last sell for?

AED 485,000 on 12 May 2013, sold by the developer: AED 530 per sqft for 914 sqft. It is the only registered sale of the unit.

What is the rent for unit 615?

AED 45,000 a year on the contract renewed on 1 December 2024. The previous contract, from December 2023, was AED 40,000; the unit has been rented since August 2013.

How big is unit 615?

914 sqft (84.9 sqm): a two-bedroom apartment on the 6th floor of a 8-storey tower completed in 2008.

What is unit 615 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 615, University View B

Starts from the last sale price (AED 485K, 12 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →