1-bed · 853 sqftUniversity View B, Dubai Silicon Oasis · 8th floor · completed 2008

807, 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 807 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 438K6 May 2013
Current rentAED 48K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 807, University View B

What is 807 worth today?

Last sold for AED 437,656 in 2013

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1 Nov 2024RentedRenewal
AED 48,000/yr12 months · AED 56 per sqft
1 Nov 2023RentedNew contract
AED 45,000/yr12 months · AED 53 per sqft
1 Jul 2023RentedRenewal
AED 39,100/yr12 months · AED 46 per sqft
8 Apr 2021RentedNew contract
AED 30,000/yr13 months · AED 35 per sqft
17 Apr 2020RentedRenewal
AED 40,001/yr2 months · AED 47 per sqft
17 Apr 2019RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
1 Feb 2017RentedNew contract
AED 57,000/yr12 months · AED 67 per sqft
5 Aug 2015RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft

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

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
8th of 8
Parking
G-371
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 438K · May 2013

About 807, University View B

807 is a one-bedroom apartment of 853 sqft on the 8th 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 6 May 2013 for AED 437,656, or AED 513 per sqft, in line with the AED 513 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 48,000 a year: a gross yield of 11.0% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 807 over time

Sales
Unit 807, each saleTypical one-bed in University View B
400K500K2010201420182022Typical 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, May 2013: AED 437,656 (AED 513 per sqft)

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

Rents
Unit 807, each contractTypical one-bed in University View B
40K60K2012201620202024Typical 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, May 2013: AED 45,000 a yearNew contract, August 2014: AED 60,000 a yearRenewal, August 2015: AED 60,000 a yearNew contract, February 2017: AED 57,000 a yearNew contract, April 2019: AED 42,000 a yearRenewal, April 2020: AED 40,001 a yearNew contract, April 2021: AED 30,000 a yearRenewal, July 2023: AED 39,100 a yearNew contract, November 2023: AED 45,000 a yearRenewal, November 2024: AED 48,000 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 807 sits

All 55 1-beds →

807 last sold in May 2013 at AED 513 per sqft, in line with what one-beds in University View B were fetching at the time (AED 513). 807's AED 48,000 is in the upper half 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 8th floor

All 160 units in University View B
Value
8012-bedAED 438K · May 2013
8022-bedAED 438K · May 2013
8032-bedAED 438K · May 2013
8042-bedAED 438K · May 2013
8052-bedAED 432K · May 2013
8061-bedAED 469K · May 2013
8081-bedAED 438K · May 2013
1–7 of 19

807, University View B in numbers

  • Sold once: by Vakson First Property Development on 6 May 2013 for AED 437,656, or AED 513 per sqft.
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 45,000 to AED 30,000 in 2021 and recovered to AED 48,000 by November 2024.
  • At AED 48,000 a year the gross yield on the 2013 price is 11.0%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).

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

Questions about 807, University View B

What did unit 807 last sell for?

AED 437,656 on 6 May 2013, sold by the developer: AED 513 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 807?

AED 48,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 45,000; the unit has been rented since May 2013.

How big is unit 807?

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

What is unit 807 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 807, University View B

Starts from the last sale price (AED 438K, 6 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 437,656
Deposit, UAE resident (20%)
AED 87,531
Deposit, non-resident (40%)
AED 175,062
Monthly over 25 years at 3.7%
AED 1,791

Plus AED 21,291 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →