502 sqftBinghati Apartments, Dubai Silicon Oasis · 2nd floor · completed 2015

203, Binghati Apartments

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 395K18 July 2024
Current rentAED 31K /yr27 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Binghati Apartments

What is 203 worth today?

Last sold for AED 395,000 in 2024

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18 Jul 2024SoldReady
AED 395,000AED 786 per sqft
27 Feb 2023RentedNew contract
AED 31,000/yr12 months · AED 61 per sqft
13 Feb 2022RentedRenewal
AED 24,150/yr12 months · AED 48 per sqft
13 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 45 per sqft
8 Nov 2019RentedNew contract
AED 30,000/yr12 months · AED 59 per sqft
20 Jun 2018RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
25 Feb 2016Sold by developerOff-plan
AED 459,120AED 914 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
Apartment
Size
502 sqft
Floor
2nd of 9
Parking
1-212
Developer
Binghatti
Completed
2015
Service charge
AED 5,200 /yr
Last sold
AED 395K · July 2024

About 203, Binghati Apartments

203 is an apartment of 502 sqft on the 2nd floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 18 July 2024 for AED 395,000, or AED 786 per sqft.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 27 February 2023, is AED 31,000 a year: a gross yield of 7.8% on the 2024 price, before the service charge of about AED 5,200 a year.

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 2nd floor

All 222 units in Binghati Apartments
Value
2011-bedAED 660K · May 2016
2021-bedAED 530K · Nov 2024
204StudioAED 475K · Jul 2016
205StudioAED 325K · Feb 2023
2061-bedAED 660K · May 2016
2071-bedAED 575K · Sep 2017
2081-bedAED 340K · Jan 2022
1–7 of 24

203, Binghati Apartments in numbers

  • Sold twice: first on 25 February 2016 for AED 459,120, last on 18 July 2024 for AED 395,000 (AED 786 per sqft).
  • Rented since June 2018 on 5 Ejari contracts. The rent fell from AED 40,000 to AED 23,000 in 2021 and recovered to AED 31,000 by February 2023.
  • At AED 31,000 a year the gross yield on the 2024 price is 7.8%, before a service charge of about AED 5,200 a year (AED 10.32 per sqft).

Source: Dubai Land Department. Updated 18 July 2024.

Questions about 203, Binghati Apartments

What did unit 203 last sell for?

AED 395,000 on 18 July 2024: AED 786 per sqft for 502 sqft. The unit has 2 registered sales; the first was AED 459,120 in February 2016.

What is the rent for unit 203?

AED 31,000 a year on the contract signed on 27 February 2023. The previous contract, from February 2022, was AED 24,150; the unit has been rented since June 2018.

How big is unit 203?

502 sqft (46.6 sqm): an apartment on the 2nd floor of a 9-storey tower completed in 2015.

What is unit 203 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 203, Binghati Apartments

Starts from the last sale price (AED 395K, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 395,000
Deposit, UAE resident (20%)
AED 79,000
Deposit, non-resident (40%)
AED 158,000
Monthly over 25 years at 3.7%
AED 1,616

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →