508, University View C
Sold prices and rental history: sold twice, last in June 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, University View C
What is 508 worth today?
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Source: Dubai Land Department. Updated 2 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 488 sqft
- Floor
- 5th of 8
- Parking
- 441
- Developer
- Vakson First Property Development
- Completed
- 2008
- Service charge
- AED 5,200 /yr
- Last sold
- AED 310K · June 2017
- Building
- University View C
About 508, University View C
508 is a one-bedroom apartment of 488 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 11 June 2017 for AED 310,000, or AED 634 per sqft, 8% below the AED 691 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 2 July 2024, is AED 40,000 a year: a gross yield of 12.9% on the 2017 price, before the service charge of about AED 5,200 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 37 1-beds →508 last sold in June 2017 at AED 634 per sqft, 8% below what one-beds in University View C were fetching at the time (AED 691). 508's AED 40,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 May 202529 May 2025 | 853 sqft | 610,000 | 715 | ||
| 26 May 202526 May 2025 | 853 sqft | 610,000 | 715 | ||
| 22 Apr 202522 April 2025 | 853 sqft | 610,000 | 715 | ||
| 5 Apr 20255 April 2025 | 853 sqft | 650,000 | 762 |
University View C
Building136 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%
Other units on the 5th floor
All 136 units in University View C| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 853 sqft | AED 490KAED 490,000 · Jul 2013July 2013 | 42,000 /yr | |
| 502 | 1-bed | 853 sqft | AED 410KAED 410,000 · Mar 2023March 2023 | 50,000 /yr | |
| 503 | 1-bed | 853 sqft | AED 420KAED 420,000 · Sep 2023September 2023 | 47,000 /yr | |
| 504 | 2-bed | 853 sqft | AED 490KAED 490,000 · Jul 2013July 2013 | 57,750 /yr | |
| 505 | 2-bed | 853 sqft | AED 480KAED 480,000 · Jul 2013July 2013 | 42,735 /yr | |
| 506 | 2-bed | 853 sqft | AED 480KAED 480,000 · Jul 2013July 2013 | 44,100 /yr | |
| 507 | Studio | 488 sqft | AED 410KAED 410,000 · May 2025May 2025 | 40,000 /yr | |
| 509 | 2-bed | 853 sqft | AED 480KAED 480,000 · Jul 2013July 2013 | 40,480 /yr | |
| 510 | 1-bed | 853 sqft | AED 610KAED 610,000 · May 2025May 2025 | 47,000 /yr | |
| 511 | 1-bed | 853 sqft | AED 410KAED 410,000 · Jul 2023July 2023 | 38,000 /yr | |
| 512 | 2-bed | 914 sqft | AED 250KAED 250,000 · May 2018May 2018 | 53,000 /yr | |
| 513 | 2-bed | 841 sqft | AED 500KAED 500,000 · Oct 2013October 2013 | 52,500 /yr | |
| 514 | 2-bed | 853 sqft | AED 490KAED 490,000 · Jul 2013July 2013 | 43,000 /yr | |
| 515 | 2-bed | 853 sqft | AED 409KAED 409,000 · Feb 2023February 2023 | 41,000 /yr | |
| 516 | 2-bed | 853 sqft | AED 370KAED 370,000 · Aug 2021August 2021 | 30,000 /yr | |
| 517 | 2-bed | 853 sqft | AED 650KAED 650,000 · Mar 2015March 2015 | 57,000 /yr |
508, University View C in numbers
- Sold twice: first on 17 July 2013 for AED 360,000, last on 11 June 2017 for AED 310,000 (AED 634 per sqft).
- Rented since August 2013 on 7 Ejari contracts. The rent fell from AED 35,000 to AED 22,000 in 2021 and recovered to AED 40,000 by July 2024.
- At AED 40,000 a year the gross yield on the 2017 price is 12.9%, before a service charge of about AED 5,200 a year (AED 10.68 per sqft).
Source: Dubai Land Department. Updated 2 July 2024.
Questions about 508, University View C
What did unit 508 last sell for?
AED 310,000 on 11 June 2017: AED 634 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 360,000 in July 2013.
What is the rent for unit 508?
AED 40,000 a year on the contract signed on 2 July 2024. The previous contract, from June 2023, was AED 30,000; the unit has been rented since August 2013.
How big is unit 508?
488 sqft (45.3 sqm): a one-bedroom apartment on the 5th floor of a 8-storey tower completed in 2008.
What is unit 508 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 508, University View C
Starts from the last sale price (AED 310K, 11 June 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 310,000
- Deposit, UAE resident (20%)
- AED 62,000
- Deposit, non-resident (40%)
- AED 124,000
- Monthly over 25 years at 3.7%
- AED 1,268
Plus AED 15,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →