2-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 7th floor · completed 2008

720, University View B

Sold prices and rental history: sold twice, last in June 2015, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 720 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 533K3 June 2015
Current rentAED 44K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 720, University View B

What is 720 worth today?

Last sold for AED 533,250 in 2015

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10 Aug 2024RentedRenewal
AED 44,000/yr12 months · AED 52 per sqft
10 Aug 2024RentedRenewal
AED 44,000/yr12 months · AED 52 per sqft
10 Aug 2023RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
10 Aug 2022RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
20 May 2022RentedNew contract
AED 40,000/yr12 months · AED 47 per sqft
22 Sep 2021RentedNew contract
AED 36,000/yr12 months · AED 42 per sqft
5 Aug 2020RentedNew contract
AED 35,000/yr12 months · AED 41 per sqft
1 Mar 2019RentedNew contract
AED 48,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
7th of 8
Parking
364
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 533K · June 2015

About 720, University View B

720 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. It last sold on 3 June 2015 for AED 533,250, or AED 625 per sqft, in line with the AED 641 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 10 August 2024, is AED 44,000 a year: a gross yield of 8.3% on the 2015 price, before the service charge of about AED 9,100 a year.

Sales and rents for 720 over time

Sales
Unit 720, 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 2015: AED 450,000 (AED 527 per sqft)Sold, June 2015: AED 533,250 (AED 625 per sqft)

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

Rents
Unit 720, 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, December 2014: AED 70,000 a yearNew contract, May 2015: AED 70,000 a yearRenewal, May 2017: AED 65,000 a yearNew contract, March 2019: AED 48,000 a yearNew contract, August 2020: AED 35,000 a yearNew contract, September 2021: AED 36,000 a yearNew contract, May 2022: AED 40,000 a yearNew contract, August 2022: AED 40,000 a yearRenewal, August 2023: AED 40,000 a yearRenewal, August 2024: AED 44,000 a yearRenewal, August 2024: AED 44,000 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 720 sits

All 101 2-beds →

720 last sold in June 2015 at AED 625 per sqft, in line with what two-beds in University View B were fetching at the time (AED 641). 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. 720's AED 44,000 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 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
7062-bedAED 380K · Jun 2020
7072-bedAED 540K · Sep 2013
1–7 of 19

720, University View B in numbers

  • Sold twice: first on 6 May 2015 for AED 450,000, last on 3 June 2015 for AED 533,250 (AED 625 per sqft).
  • Rented since December 2014 on 11 Ejari contracts. The rent fell from AED 70,000 to AED 35,000 in 2020 and recovered to AED 44,000 by August 2024.
  • At AED 44,000 a year the gross yield on the 2015 price is 8.3%, 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 10 August 2024.

Questions about 720, University View B

What did unit 720 last sell for?

AED 533,250 on 3 June 2015: AED 625 per sqft for 853 sqft. The unit has 2 registered sales; the first was AED 450,000 in May 2015.

What is the rent for unit 720?

AED 44,000 a year on the contract renewed on 10 August 2024. The previous contract, from August 2024, was AED 44,000; the unit has been rented since December 2014.

How big is unit 720?

853 sqft (79.2 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower completed in 2008.

What is unit 720 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 720, University View B

Starts from the last sale price (AED 533K, 3 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 533,250
Deposit, UAE resident (20%)
AED 106,650
Deposit, non-resident (40%)
AED 213,300
Monthly over 25 years at 3.7%
AED 2,182

Plus AED 27,407 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →