708, University View B
Sold prices and rental history: sold once, by the developer in December 2012, and rented once, from May 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 708, University View B
What is 708 worth today?
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Source: Dubai Land Department. Updated 12 May 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 853 sqft
- Floor
- 7th of 8
- Parking
- 350
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 9,100 /yr
- Last sold
- AED 420K · December 2012
- Building
- University View B
About 708, University View B
708 is a two-bedroom apartment of 853 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. The developer sold it on 23 December 2012 for AED 420,000, or AED 492 per sqft, 4% above the AED 475 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 12 May 2024. The current contract, signed on 12 May 2024, is AED 51,000 a year: a gross yield of 12.1% on the 2012 price, before the service charge of about AED 9,100 a year.
Sales and rents for 708 over time
708 has sold once; the dashed line is the two-bed median of each year in the building.
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 708 sits
All 101 2-beds →708 last sold in December 2012 at AED 492 per sqft, 4% above 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. 708's AED 51,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jan 20266 January 2026 | 841 sqft | 700,000 | 832 | ||
| 8 Feb 20238 February 2023 | 853 sqft | 380,000 | 445 | ||
| 26 Jan 202326 January 2023 | 841 sqft | 420,000 | 499 | ||
| 11 Aug 202111 August 2021 | 426 sqft | 390,000 | 914 |
University View B
Building160 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%
Other units on the 7th floor
All 160 units in University View B| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 1-bed | 853 sqft | AED 495KAED 495,000 · Apr 2023April 2023 | 35,500 /yr | |
| 702 | 2-bed | 853 sqft | AED 495KAED 495,000 · Jul 2017July 2017 | 45,000 /yr | |
| 703 | 2-bed | 853 sqft | AED 563KAED 562,875 · Jun 2015June 2015 | 50,000 /yr | |
| 704 | 1-bed | 853 sqft | AED 405KAED 405,000 · Jun 2023June 2023 | 44,000 /yr | |
| 705 | 1-bed | 841 sqft | AED 415KAED 415,000 · Apr 2023April 2023 | 51,000 /yr | |
| 706 | 2-bed | 914 sqft | AED 380KAED 380,000 · Jun 2020June 2020 | 42,350 /yr | |
| 707 | 2-bed | 853 sqft | AED 540KAED 540,000 · Sep 2013September 2013 | 40,000 /yr | |
| 709 | 2-bed | 853 sqft | AED 450KAED 450,000 · Apr 2013April 2013 | 47,000 /yr | |
| 710 | 1-bed | 488 sqft | AED 320KAED 320,000 · Apr 2013April 2013 | 30,250 /yr | |
| 711 | 1-bed | 488 sqft | AED 320KAED 320,000 · Apr 2013April 2013 | 33,000 /yr | |
| 712 | 2-bed | 853 sqft | AED 540KAED 540,000 · Sep 2017September 2017 | 50,000 /yr | |
| 713 | 1-bed | 853 sqft | AED 410KAED 410,000 · Jun 2023June 2023 | 72,000 /yr | |
| 714 | 2-bed | 853 sqft | AED 367KAED 367,000 · Apr 2021April 2021 | 32,000 /yr | |
| 715 | 2-bed | 914 sqft | AED 485KAED 485,000 · May 2013May 2013 | 56,000 /yr | |
| 716 | 2-bed | 841 sqft | AED 355KAED 355,000 · Nov 2020November 2020 | 55,000 /yr | |
| 717 | 2-bed | 853 sqft | AED 450KAED 450,000 · Jun 2015June 2015 | 45,045 /yr | |
| 718 | 1-bed | 853 sqft | AED 410KAED 410,000 · Apr 2023April 2023 | 36,000 /yr | |
| 719 | 1-bed | 853 sqft | AED 465KAED 465,000 · Feb 2024February 2024 | 39,100 /yr | |
| 720 | 2-bed | 853 sqft | AED 533KAED 533,250 · Jun 2015June 2015 | 44,000 /yr |
708, University View B in numbers
- Sold once: by Vakson First Property Development on 23 December 2012 for AED 420,000, or AED 492 per sqft.
- Rented since May 2024 on one Ejari contract, at AED 51,000 a year.
- At AED 51,000 a year the gross yield on the 2012 price is 12.1%, before a service charge of about AED 9,100 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: Dubai Land Department. Updated 12 May 2024.
Questions about 708, University View B
What did unit 708 last sell for?
AED 420,000 on 23 December 2012, sold by the developer: AED 492 per sqft for 853 sqft. It is the only registered sale of the unit.
What is the rent for unit 708?
AED 51,000 a year on the contract signed on 12 May 2024.
How big is unit 708?
853 sqft (79.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2008.
What is unit 708 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 708, University View B
Starts from the last sale price (AED 420K, 23 December 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 420,000
- Deposit, UAE resident (20%)
- AED 84,000
- Deposit, non-resident (40%)
- AED 168,000
- Monthly over 25 years at 3.7%
- AED 1,718
Plus AED 20,550 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →