I think it will impact the future of the students to have such a course. DU operates its FYUP B.Tech from it's science departments (note especially, science and not engineering) - Computer Science, Electronics Science and Instrumentation Science.
Because it is a science department, the syllabus and labs will not exactly match what is offered at a regular engineering college. It is no way inferior, just different. This also means the syllabus will not exactly match a standard CSE/ECE/I&C syllabus and hence is a red signal for those intending to write GATE - you may need to work extra hard as you will find that there are a few topics in GATE which are replaced by different subjects in these "science" courses.
Finally, you are given a degree by a science department - most likely IITs and NITs have no problem with this, but government job employers will as they will often demand a degree in engineering.
As far as quality goes it ought to be very good. The only issue is of further studies.
How do I know? I myself am such a graduate, having graduated in a four year degree in electronics and not in ECE. The syllabus of the 4 year program has notable changes to ECE and we had to put in a lot of extra effort for GATE. No provision is provided for graduates like us; we are to compete with "regular" ECE engineers.
There is no hurdle though that cannot be overcome if you put some efforts. But I am going to tell you that Computer/Electronic Science is different from Computer/Electronic Engineering and you'd want to have a look and decide what suits you the best. All the best for your future
P.S. After observing the syllabus I do feel the first year rigour is less in DU as there seems to be less mathematics involved and it seems more "practical" oriented. I do feel you will have good lab exposure but theoretically will lag a little bit. If you manage to take some math based electives you should be fine. However, I am not happy with the fact that there is only one semester of physics in the DU course.
So I'd advise you to try for IPU or VIT. I don't know much about BITS Dubai unfortunately.