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2-bed · 914 sqftUniversity View B, Dubai Silicon Oasis · 7th floor · completed 2008

706, University View B

Sold prices and rental history: sold twice, last in June 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 380K4 June 2020
Current rentAED 42K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 706, University View B

What is 706 worth today?

Last sold for AED 380,000 in 2020

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25 Apr 2024RentedRenewal
AED 42,350/yr12 months · AED 46 per sqft
25 Apr 2023RentedRenewal
AED 38,500/yr12 months · AED 42 per sqft
24 Apr 2021RentedNew contract
AED 34,000/yr12 months · AED 37 per sqft
4 Jun 2020SoldReady
AED 380,000AED 415 per sqft
4 Jun 2020RentedNew contract
AED 41,968/yr10 months · AED 46 per sqft
24 Apr 2019RentedRenewal
AED 43,000/yr12 months · AED 47 per sqft
24 Apr 2017RentedRenewal
AED 56,000/yr12 months · AED 61 per sqft
3 Apr 2015RentedNew contract
AED 60,000/yr12 months · AED 66 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 April 2024.

Key facts

Type
2-bed apartment
Size
914 sqft
Floor
7th of 8
Parking
347
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,800 /yr
Last sold
AED 380K · June 2020
Building
University View B

About 706, University View B

706 is a two-bedroom apartment of 914 sqft on the 7th 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 4 June 2020 for AED 380,000, or AED 415 per sqft, 13% below the AED 475 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 25 April 2024, is AED 42,350 a year: a gross yield of 11.1% on the 2020 price, before the service charge of about AED 9,800 a year.

Sales and rents for 706 over time

Sales
Unit 706, 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, March 2013: AED 480,000 (AED 525 per sqft)Sold, June 2020: AED 380,000 (AED 415 per sqft)

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

Rents
Unit 706, 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, April 2013: AED 46,000 a yearNew contract, April 2014: AED 60,000 a yearNew contract, April 2015: AED 60,000 a yearRenewal, April 2017: AED 56,000 a yearRenewal, April 2019: AED 43,000 a yearNew contract, June 2020: AED 41,968 a yearNew contract, April 2021: AED 34,000 a yearRenewal, April 2023: AED 38,500 a yearRenewal, April 2024: AED 42,350 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 706 sits

All 101 2-beds →

706 last sold in June 2020 at AED 415 per sqft, 13% below what two-beds in University View B were fetching at the time (AED 475). 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. 706's AED 42,350 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 7th floor

All 160 units in University View B
Value
7011-bedAED 495K · Apr 2023
7022-bedAED 495K · Jul 2017
7032-bedAED 563K · Jun 2015
7041-bedAED 405K · Jun 2023
7051-bedAED 415K · Apr 2023
7072-bedAED 540K · Sep 2013
7082-bedAED 420K · Dec 2012
1–7 of 19

706, University View B in numbers

  • Sold twice: first on 24 March 2013 for AED 480,000, last on 4 June 2020 for AED 380,000 (AED 415 per sqft).
  • Rented since April 2013 on 9 Ejari contracts. The rent fell from AED 46,000 to AED 34,000 in 2021 and recovered to AED 42,350 by April 2024.
  • At AED 42,350 a year the gross yield on the 2020 price is 11.1%, 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 25 April 2024.

Questions about 706, University View B

What did unit 706 last sell for?

AED 380,000 on 4 June 2020: AED 415 per sqft for 914 sqft. The unit has 2 registered sales; the first was AED 480,000 in March 2013.

What is the rent for unit 706?

AED 42,350 a year on the contract renewed on 25 April 2024. The previous contract, from April 2023, was AED 38,500; the unit has been rented since April 2013.

How big is unit 706?

914 sqft (84.9 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2008.

What is unit 706 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 706, University View B

Starts from the last sale price (AED 380K, 4 June 2020). Switch to today's estimate once you have unlocked it.
Price
AED 380,000
Deposit, UAE resident (20%)
AED 76,000
Deposit, non-resident (40%)
AED 152,000
Monthly over 25 years at 3.7%
AED 1,555

Plus AED 18,870 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →