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1-bed · 790 sqftBinghati Apartments, Dubai Silicon Oasis · 1st floor · completed 2015

116, Binghati Apartments

Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 22 July 2025
Last soldAED 661K25 February 2016
Current rentAED 50K /yr22 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Binghati Apartments

What is 116 worth today?

Last sold for AED 660,684 in 2016

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22 Jul 2025RentedRenewal
AED 50,001/yr10 months · AED 64 per sqft
20 Jan 2025RentedNew contract
AED 58,000/yr12 months · AED 73 per sqft
22 Jul 2024RentedNew contract
AED 56,000/yr12 months · AED 71 per sqft
25 Nov 2022RentedNew contract
AED 44,000/yr12 months · AED 56 per sqft
27 Sep 2021RentedNew contract
AED 30,000/yr12 months · AED 38 per sqft
2 Jun 2020RentedRenewal
AED 38,000/yr12 months · AED 48 per sqft
2 Jun 2019RentedNew contract
AED 38,000/yr12 months · AED 48 per sqft
10 May 2018RentedRenewal
AED 58,000/yr12 months · AED 73 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2025.

Key facts

Type
1-bed apartment
Size
790 sqft
Floor
1st of 9
Parking
1-238
Developer
Binghatti
Completed
2015
Service charge
AED 8,100 /yr
Last sold
AED 661K · February 2016
Building
Binghati Apartments

About 116, Binghati Apartments

116 is a one-bedroom apartment of 790 sqft on the 1st floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. The developer sold it on 25 February 2016 for AED 660,684, or AED 836 per sqft, 9% above the AED 764 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 10 Ejari contracts. The current contract, renewed on 22 July 2025, is AED 50,001 a year: a gross yield of 7.6% on the 2016 price, before the service charge of about AED 8,100 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical one-bed in Binghati Apartments
600K2016201920222025Typical sale price by year: 2016 AED 616,419; 2017 AED 620,000; 2021 AED 440,000; 2023 AED 452,500; 2024 AED 555,000; 2025 AED 615,000Sold by developer, February 2016: AED 660,684 (AED 836 per sqft)

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

Rents
Unit 116, each contractTypical one-bed in Binghati Apartments
40K60K2016201920222025Typical rent by year: 2016 AED 65,000; 2017 AED 56,000; 2018 AED 53,000; 2019 AED 42,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 42,000; 2024 AED 46,000; 2025 AED 55,000; 2026 AED 60,000New contract, May 2016: AED 65,000 a yearRenewal, May 2017: AED 65,000 a yearRenewal, May 2018: AED 58,000 a yearNew contract, June 2019: AED 38,000 a yearRenewal, June 2020: AED 38,000 a yearNew contract, September 2021: AED 30,000 a yearNew contract, November 2022: AED 44,000 a yearNew contract, July 2024: AED 56,000 a yearNew contract, January 2025: AED 58,000 a yearRenewal, July 2025: AED 50,001 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 Binghati Apartments, and where 116 sits

All 83 1-beds →

116 last sold in February 2016 at AED 836 per sqft, 9% above what one-beds in Binghati Apartments were fetching at the time (AED 764). Over the last 12 months one-beds sold for AED 640,000 to 680,000, around AED 831 per sqft, and rent for AED 42,745 to 70,000 a year. 116's AED 50,001 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
27 Jan 2026640,000
22 Dec 2025655,000
30 Jul 2025620,000
21 Jul 2025675,000
4 1-bed sales in the last 12 months

Binghati Apartments

Building

222 apartments, studios to 3-bed over 9 floors in Dubai Silicon Oasis, completed in 2015 by Binghatti. 8 sold in the last 12 months.

Typical price per sqft
AED 847
Typical sale
AED 648K
Typical rent
AED 53K /yr
Typical yield
9.4%
Binghati Apartments, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 222 units in Binghati Apartments
Value
101AED 620K · Sep 2025
1021-bedAED 537K · Feb 2016
103StudioAED 462K · Feb 2016
104StudioAED 365K · Nov 2023
105StudioAED 325K · Feb 2023
1061-bedAED 604K · Feb 2016
1071-bedAED 549K · Feb 2016
1–7 of 24

116, Binghati Apartments in numbers

  • Sold once: by Binghatti on 25 February 2016 for AED 660,684, or AED 836 per sqft.
  • Rented since May 2016 on 10 Ejari contracts. The rent fell from AED 65,000 to AED 30,000 in 2021 and recovered to AED 50,001 by July 2025.
  • At AED 50,001 a year the gross yield on the 2016 price is 7.6%, before a service charge of about AED 8,100 a year (AED 10.32 per sqft).
  • One-beds in Binghati Apartments sold for AED 640,000–680,000 in the 12 months to November 2026; the building's median across all types is AED 847 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 22 July 2025.

Questions about 116, Binghati Apartments

What did unit 116 last sell for?

AED 660,684 on 25 February 2016, sold by the developer: AED 836 per sqft for 790 sqft. It is the only registered sale of the unit.

What is the rent for unit 116?

AED 50,001 a year on the contract renewed on 22 July 2025. The previous contract, from January 2025, was AED 58,000; the unit has been rented since May 2016.

How big is unit 116?

790 sqft (73.4 sqm): a one-bedroom apartment on the 1st floor of a 9-storey tower completed in 2015.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghati Apartments sold for AED 640,000 to 680,000 in the last 12 months, around AED 831 per sqft.

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Mortgage on 116, Binghati Apartments

Starts from the last sale price (AED 661K, 25 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 660,684
Deposit, UAE resident (20%)
AED 132,137
Deposit, non-resident (40%)
AED 264,274
Monthly over 25 years at 3.7%
AED 2,703

Plus AED 32,758 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →