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

509, University View C

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 6 December 2023
Last soldAED 480K14 July 2013
Current rentAED 40K /yr6 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, University View C

What is 509 worth today?

Last sold for AED 480,000 in 2013

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6 Dec 2023RentedRenewal
AED 40,480/yr12 months · AED 47 per sqft
6 Dec 2022RentedRenewal
AED 36,800/yr12 months · AED 43 per sqft
6 Dec 2021RentedRenewal
AED 32,000/yr12 months · AED 38 per sqft
6 Dec 2020RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
1 Jun 2019RentedNew contract
AED 42,000/yr12 months · AED 49 per sqft
28 Jun 2018RentedRenewal
AED 52,000/yr12 months · AED 61 per sqft
28 Jun 2017RentedRenewal
AED 58,000/yr12 months · AED 68 per sqft
28 Jun 2016RentedRenewal
AED 62,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 6 December 2023.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
5th of 8
Parking
442
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 480K · July 2013

About 509, University View C

509 is a two-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. The developer sold it on 14 July 2013 for AED 480,000, or AED 562 per sqft, in line with the AED 563 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 6 December 2023, is AED 40,480 a year: a gross yield of 8.4% on the 2013 price, before the service charge of about AED 9,100 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in University View C
400K600K2013201620192022Typical sale price by year: 2013 AED 490,000; 2014 AED 657,720; 2015 AED 650,000; 2016 AED 600,000; 2017 AED 520,000; 2018 AED 430,000; 2019 AED 445,000; 2021 AED 370,000; 2022 AED 405,000Sold by developer, July 2013: AED 480,000 (AED 562 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in University View C
40K60K2013201720212025Typical rent by year: 2013 AED 46,000; 2014 AED 49,350; 2015 AED 51,975; 2016 AED 55,125; 2017 AED 54,493; 2018 AED 50,000; 2019 AED 42,000; 2020 AED 34,500; 2021 AED 31,000; 2022 AED 34,750; 2023 AED 39,100; 2024 AED 43,439; 2025 AED 44,750; 2026 AED 56,325New contract, June 2013: AED 46,000 a yearRenewal, June 2014: AED 48,300 a yearNew contract, June 2015: AED 62,000 a yearRenewal, June 2016: AED 62,000 a yearRenewal, June 2017: AED 58,000 a yearRenewal, June 2018: AED 52,000 a yearNew contract, June 2019: AED 42,000 a yearNew contract, December 2020: AED 30,000 a yearRenewal, December 2021: AED 32,000 a yearRenewal, December 2022: AED 36,800 a yearRenewal, December 2023: AED 40,480 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 C, and where 509 sits

All 92 2-beds →

509 last sold in July 2013 at AED 562 per sqft, in line with what two-beds in University View C were fetching at the time (AED 563). Over the last 12 months two-beds sold for AED 745,000, around AED 873 per sqft, and rent for AED 35,000 to 60,000 a year. 509's AED 40,480 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
22 Jan 2026745,000
21 Feb 2023409,000
26 Dec 2022405,000
8 Dec 2022410,000
1 2-bed sale 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
5021-bedAED 410K · Mar 2023
5031-bedAED 420K · Sep 2023
5042-bedAED 490K · Jul 2013
5052-bedAED 480K · Jul 2013
5062-bedAED 480K · Jul 2013
507StudioAED 410K · May 2025
1–7 of 16

509, University View C in numbers

  • Sold once: by Vakson First Property Development on 14 July 2013 for AED 480,000, or AED 562 per sqft.
  • Rented since June 2013 on 11 Ejari contracts. The rent fell from AED 46,000 to AED 30,000 in 2020 and recovered to AED 40,480 by December 2023.
  • At AED 40,480 a year the gross yield on the 2013 price is 8.4%, before a service charge of about AED 9,100 a year (AED 10.68 per sqft).
  • Two-beds in University View C sold for AED 745,000–745,000 in the 12 months to November 2026; the building's median across all types is AED 873 per sqft.

Source: Dubai Land Department. Updated 6 December 2023.

Questions about 509, University View C

What did unit 509 last sell for?

AED 480,000 on 14 July 2013, sold by the developer: AED 562 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 40,480 a year on the contract renewed on 6 December 2023. The previous contract, from December 2022, was AED 36,800; the unit has been rented since June 2013.

How big is unit 509?

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

What is unit 509 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 C sold for AED 745,000 to 745,000 in the last 12 months, around AED 873 per sqft.

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Mortgage on 509, University View C

Starts from the last sale price (AED 480K, 14 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

Plus AED 23,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →