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

701, 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 701 · DLD and Ejari recordsUpdated 4 August 2024
Last soldAED 505K18 July 2013
Current rentAED 42K /yr4 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 701, University View C

What is 701 worth today?

Last sold for AED 505,000 in 2013

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4 Aug 2024RentedRenewal
AED 42,350/yr12 months · AED 50 per sqft
4 Aug 2023RentedRenewal
AED 38,500/yr12 months · AED 45 per sqft
4 Aug 2022RentedRenewal
AED 33,500/yr12 months · AED 39 per sqft
4 Aug 2021RentedRenewal
AED 30,000/yr12 months · AED 35 per sqft
4 Aug 2020RentedNew contract
AED 30,000/yr12 months · AED 35 per sqft
29 Feb 2020RentedRenewal
AED 40,000/yr12 months · AED 47 per sqft
1 Mar 2019RentedNew contract
AED 43,124/yr12 months · AED 51 per sqft
5 Nov 2017RentedRenewal
AED 60,000/yr12 months · AED 71 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 August 2024.

Key facts

Type
2-bed apartment
Size
853 sqft
Floor
7th of 8
Parking
403
Developer
Vakson First Property Development
Completed
2008
Service charge
AED 9,100 /yr
Last sold
AED 505K · July 2013

About 701, University View C

701 is a two-bedroom apartment of 853 sqft on the 7th 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 18 July 2013 for AED 505,000, or AED 592 per sqft, 5% above the AED 566 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 4 August 2024, is AED 42,350 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 701 over time

Sales
Unit 701, 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 505,000 (AED 592 per sqft)

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

Rents
Unit 701, 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, July 2013: AED 47,000 a yearNew contract, November 2014: AED 62,000 a yearNew contract, November 2015: AED 62,000 a yearRenewal, November 2016: AED 62,000 a yearRenewal, November 2017: AED 60,000 a yearNew contract, March 2019: AED 43,124 a yearRenewal, February 2020: AED 40,000 a yearNew contract, August 2020: AED 30,000 a yearRenewal, August 2021: AED 30,000 a yearRenewal, August 2022: AED 33,500 a yearRenewal, August 2023: AED 38,500 a yearRenewal, August 2024: AED 42,350 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 701 sits

All 92 2-beds →

701 last sold in July 2013 at AED 592 per sqft, 5% above what two-beds in University View C were fetching at the time (AED 566). 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. 701's AED 42,350 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 7th floor

All 136 units in University View C
Value
7022-bedAED 510K · Jul 2013
7031-bedAED 560K · Dec 2024
7042-bedAED 510K · Jul 2013
7052-bedAED 410K · Dec 2022
7062-bedAED 510K · Jul 2013
7071-bedAED 355K · May 2019
7081-bedAED 380K · Sep 2013
1–7 of 16

701, University View C in numbers

  • Sold once: by Vakson First Property Development on 18 July 2013 for AED 505,000, or AED 592 per sqft.
  • Rented since July 2013 on 12 Ejari contracts. The rent fell from AED 47,000 to AED 30,000 in 2021 and recovered to AED 42,350 by August 2024.
  • At AED 42,350 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: YallaValue analysis of Dubai Land Department records. Updated 4 August 2024.

Questions about 701, University View C

What did unit 701 last sell for?

AED 505,000 on 18 July 2013, sold by the developer: AED 592 per sqft for 853 sqft. It is the only registered sale of the unit.

What is the rent for unit 701?

AED 42,350 a year on the contract renewed on 4 August 2024. The previous contract, from August 2023, was AED 38,500; the unit has been rented since July 2013.

How big is unit 701?

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

What is unit 701 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 701, University View C

Starts from the last sale price (AED 505K, 18 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 505,000
Deposit, UAE resident (20%)
AED 101,000
Deposit, non-resident (40%)
AED 202,000
Monthly over 25 years at 3.7%
AED 2,066

Plus AED 26,220 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →