1-bed · 722 sqftBinghati Apartments, Dubai Silicon Oasis · 2nd floor · completed 2015

224, Binghati Apartments

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

Unit 224 · DLD and Ejari recordsUpdated 5 August 2025
Last soldAED 645K22 March 2016
Current rentAED 55K /yr5 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 224, Binghati Apartments

What is 224 worth today?

Last sold for AED 645,400 in 2016

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

5 Aug 2025RentedNew contract
AED 55,000/yr12 months · AED 76 per sqft
15 Jun 2024RentedRenewal
AED 44,000/yr12 months · AED 61 per sqft
15 Jun 2023RentedNew contract
AED 42,000/yr12 months · AED 58 per sqft
1 Jun 2022RentedNew contract
AED 34,000/yr12 months · AED 47 per sqft
1 Jun 2020RentedRenewal
AED 42,500/yr12 months · AED 59 per sqft
1 Jun 2019RentedRenewal
AED 40,000/yr12 months · AED 55 per sqft
1 Jun 2018RentedNew contract
AED 60,000/yr12 months · AED 83 per sqft
1 May 2017RentedRenewal
AED 62,000/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 August 2025.

Key facts

Type
1-bed apartment
Size
722 sqft
Floor
2nd of 9
Parking
1-214
Developer
Binghatti
Completed
2015
Service charge
AED 7,500 /yr
Last sold
AED 645K · March 2016

About 224, Binghati Apartments

224 is a one-bedroom apartment of 722 sqft on the 2nd floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. The developer sold it on 22 March 2016 for AED 645,400, or AED 893 per sqft, 17% above the AED 764 one-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, signed on 5 August 2025, is AED 55,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for 224 over time

Sales
Unit 224, each saleTypical one-bed in Binghati Apartments
500K600K2016201920222025Typical 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, March 2016: AED 645,400 (AED 893 per sqft)

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

Rents
Unit 224, 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 62,000 a yearRenewal, May 2017: AED 62,000 a yearNew contract, June 2018: AED 60,000 a yearRenewal, June 2019: AED 40,000 a yearRenewal, June 2020: AED 42,500 a yearNew contract, June 2022: AED 34,000 a yearNew contract, June 2023: AED 42,000 a yearRenewal, June 2024: AED 44,000 a yearNew contract, August 2025: AED 55,000 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 224 sits

All 83 1-beds →

224 last sold in March 2016 at AED 893 per sqft, 17% 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. 224's AED 55,000 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 2nd floor

All 222 units in Binghati Apartments
Value
2011-bedAED 660K · May 2016
2021-bedAED 530K · Nov 2024
203AED 395K · Jul 2024
204StudioAED 475K · Jul 2016
205StudioAED 325K · Feb 2023
2061-bedAED 660K · May 2016
2071-bedAED 575K · Sep 2017
1–7 of 24

224, Binghati Apartments in numbers

  • Sold once: by Binghatti on 22 March 2016 for AED 645,400, or AED 893 per sqft.
  • Rented since May 2016 on 9 Ejari contracts. The rent fell from AED 62,000 to AED 34,000 in 2022 and recovered to AED 55,000 by August 2025.
  • At AED 55,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 7,500 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 5 August 2025.

Questions about 224, Binghati Apartments

What did unit 224 last sell for?

AED 645,400 on 22 March 2016, sold by the developer: AED 893 per sqft for 722 sqft. It is the only registered sale of the unit.

What is the rent for unit 224?

AED 55,000 a year on the contract signed on 5 August 2025. The previous contract, from June 2024, was AED 44,000; the unit has been rented since May 2016.

How big is unit 224?

722 sqft (67.1 sqm): a one-bedroom apartment on the 2nd floor of a 9-storey tower completed in 2015.

What is unit 224 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.

Selling 224? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 224, Binghati Apartments

Starts from the last sale price (AED 645K, 22 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 645,400
Deposit, UAE resident (20%)
AED 129,080
Deposit, non-resident (40%)
AED 258,160
Monthly over 25 years at 3.7%
AED 2,641

Plus AED 32,117 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →