1-bed · 853 sqftUniversity View C, Dubai Silicon Oasis · 5th floor · completed 2008

502, University View C

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 1 December 2024
Last soldAED 410K29 March 2023
Current rentAED 50K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, University View C

What is 502 worth today?

Last sold for AED 410,000 in 2023

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1 Dec 2024RentedNew contract
AED 50,000/yr12 months · AED 59 per sqft
15 Apr 2023RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
29 Mar 2023SoldReady
AED 410,000AED 480 per sqft
21 Jun 2020SoldReady
AED 380,000AED 445 per sqft
17 Sep 2019RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
17 Sep 2018RentedRenewal
AED 55,000/yr12 months · AED 64 per sqft
17 Sep 2017RentedRenewal
AED 60,000/yr12 months · AED 70 per sqft
17 Sep 2016RentedRenewal
AED 63,000/yr12 months · AED 74 per sqft

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

Key facts

Type
1-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
G-166
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 410K · March 2023

About 502, University View C

502 is a one-bedroom apartment of 853 sqft on the 5th floor of University View C, a 8-storey tower in Dubai Silicon Oasis completed in 2008 by Vakson First Property Development. It last sold on 29 March 2023 for AED 410,000, or AED 480 per sqft, in line with the AED 469 one-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, signed on 1 December 2024, is AED 50,000 a year: a gross yield of 12.2% on the 2023 price, before the service charge of about AED 9,100 a year.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in University View C
400K600K2013201720212025Typical sale price by year: 2013 AED 490,000; 2017 AED 560,000; 2018 AED 507,500; 2023 AED 410,000; 2024 AED 545,000; 2025 AED 605,000Sold by developer, July 2013: AED 490,000 (AED 574 per sqft)Sold, June 2020: AED 380,000 (AED 445 per sqft)Sold, March 2023: AED 410,000 (AED 480 per sqft)

502 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 502, each contractTypical one-bed in University View C
40K60K2013201720212025Typical rent by year: 2013 AED 46,000; 2014 AED 49,350; 2015 AED 53,550; 2016 AED 57,114; 2017 AED 54,011; 2018 AED 48,000; 2019 AED 40,000; 2020 AED 28,000; 2021 AED 30,000; 2022 AED 31,500; 2023 AED 37,000; 2024 AED 39,600; 2025 AED 47,000; 2026 AED 58,000Renewal, September 2015: AED 63,000 a yearRenewal, September 2016: AED 63,000 a yearRenewal, September 2017: AED 60,000 a yearRenewal, September 2018: AED 55,000 a yearRenewal, September 2019: AED 55,000 a yearNew contract, April 2023: AED 42,000 a yearNew contract, December 2024: AED 50,000 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 C, and where 502 sits

All 37 1-beds →

502 last sold in March 2023 at AED 480 per sqft, in line with what one-beds in University View C were fetching at the time (AED 469). 502's AED 50,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 May 2025610,000
26 May 2025610,000
22 Apr 2025610,000
5 Apr 2025650,000
0 1-bed sales in the last 12 months

University View C

Building

136 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 873
Typical sale
AED 745K
Typical rent
AED 50K /yr
Typical yield
6.9%
University View C, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 136 units in University View C
Value
5012-bedAED 490K · Jul 2013
5031-bedAED 420K · Sep 2023
5042-bedAED 490K · Jul 2013
5052-bedAED 480K · Jul 2013
5062-bedAED 480K · Jul 2013
507StudioAED 410K · May 2025
5081-bedAED 310K · Jun 2017
1–7 of 16

502, University View C in numbers

  • Sold 3 times: first on 7 July 2013 for AED 490,000, last on 29 March 2023 for AED 410,000 (AED 480 per sqft).
  • Rented since September 2015 on 7 Ejari contracts. The rent fell from AED 63,000 to AED 42,000 in 2023 and recovered to AED 50,000 by December 2024.
  • At AED 50,000 a year the gross yield on the 2023 price is 12.2%, 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 December 2024.

Questions about 502, University View C

What did unit 502 last sell for?

AED 410,000 on 29 March 2023: AED 480 per sqft for 853 sqft. The unit has 3 registered sales; the first was AED 490,000 in July 2013.

What is the rent for unit 502?

AED 50,000 a year on the contract signed on 1 December 2024. The previous contract, from April 2023, was AED 42,000; the unit has been rented since September 2015.

How big is unit 502?

853 sqft (79.2 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.

What is unit 502 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 502, University View C

Starts from the last sale price (AED 410K, 29 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 410,000
Deposit, UAE resident (20%)
AED 82,000
Deposit, non-resident (40%)
AED 164,000
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →