Studio · 474 sqftBinghati Apartments, Dubai Silicon Oasis · 4th floor · completed 2015

405, Binghati Apartments

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 13 November 2024
Last soldAED 405K13 November 2024
Current rentAED 30K /yr1 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Binghati Apartments

What is 405 worth today?

Last sold for AED 405,000 in 2024

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13 Nov 2024SoldReady
AED 405,000AED 853 per sqft
1 Nov 2023RentedRenewal
AED 30,000/yr12 months · AED 63 per sqft
1 Nov 2022RentedNew contract
AED 27,000/yr12 months · AED 57 per sqft
11 Oct 2021RentedRenewal
AED 23,000/yr12 months · AED 49 per sqft
11 Oct 2020RentedNew contract
AED 23,000/yr12 months · AED 49 per sqft
20 Sep 2019RentedNew contract
AED 28,000/yr12 months · AED 59 per sqft
1 Apr 2017RentedNew contract
AED 46,000/yr12 months · AED 97 per sqft
16 Oct 2016SoldReady
AED 525,000AED 1,106 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 13 November 2024.

Key facts

Type
Studio apartment
Size
474 sqft
Floor
4th of 9
Parking
M-122
Developer
Binghatti
Completed
2015
Service charge
AED 4,900 /yr
Last sold
AED 405K · November 2024

About 405, Binghati Apartments

405 is a studio of 474 sqft on the 4th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 13 November 2024 for AED 405,000, or AED 853 per sqft, 5% above the AED 811 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 November 2023, is AED 30,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 4,900 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical studio in Binghati Apartments
400K2016201920222025Typical sale price by year: 2016 AED 438,577; 2017 AED 470,000; 2018 AED 425,000; 2022 AED 290,000; 2023 AED 325,000; 2024 AED 390,000; 2025 AED 410,000Sold by developer, February 2016: AED 405,952 (AED 855 per sqft)Sold, October 2016: AED 525,000 (AED 1,106 per sqft)Sold, November 2024: AED 405,000 (AED 853 per sqft)

405 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 405, each contractTypical studio in Binghati Apartments
20K40K2016201920222025Typical rent by year: 2016 AED 46,000; 2017 AED 43,500; 2018 AED 38,000; 2019 AED 32,000; 2020 AED 24,000; 2021 AED 23,000; 2022 AED 27,250; 2023 AED 33,000; 2024 AED 39,000; 2025 AED 41,320; 2026 AED 44,500New contract, April 2017: AED 46,000 a yearNew contract, September 2019: AED 28,000 a yearNew contract, October 2020: AED 23,000 a yearRenewal, October 2021: AED 23,000 a yearNew contract, November 2022: AED 27,000 a yearRenewal, November 2023: AED 30,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Binghati Apartments, and where 405 sits

All 73 studios →

405 last sold in November 2024 at AED 853 per sqft, 5% above what studios in Binghati Apartments were fetching at the time (AED 811). Over the last 12 months studios sold for AED 400,000 to 460,000, around AED 904 per sqft, and rent for AED 32,340 to 53,000 a year. 405's AED 30,000 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
9 Jan 2026400,000
9 Jan 2026450,000
29 Dec 2025460,000
22 May 2025463,000
3 studio 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 4th floor

All 222 units in Binghati Apartments
Value
4011-bedAED 750K · Jun 2016
4021-bedAED 430K · Mar 2023
403StudioAED 420K · Jun 2016
404StudioAED 290K · Jun 2022
4061-bedAED 450K · Dec 2023
4071-bedAED 485K · Dec 2024
4081-bedAED 550K · Nov 2024
1–7 of 24

405, Binghati Apartments in numbers

  • Sold 3 times: first on 25 February 2016 for AED 405,952, last on 13 November 2024 for AED 405,000 (AED 853 per sqft).
  • Rented since April 2017 on 6 Ejari contracts. The rent fell from AED 46,000 to AED 23,000 in 2021 and recovered to AED 30,000 by November 2023.
  • At AED 30,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 4,900 a year (AED 10.32 per sqft).
  • Studios in Binghati Apartments sold for AED 400,000–460,000 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 13 November 2024.

Questions about 405, Binghati Apartments

What did unit 405 last sell for?

AED 405,000 on 13 November 2024: AED 853 per sqft for 474 sqft. The unit has 3 registered sales; the first was AED 405,952 in February 2016.

What is the rent for unit 405?

AED 30,000 a year on the contract renewed on 1 November 2023. The previous contract, from November 2022, was AED 27,000; the unit has been rented since April 2017.

How big is unit 405?

474 sqft (44.0 sqm): a studio on the 4th floor of a 9-storey tower completed in 2015.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghati Apartments sold for AED 400,000 to 460,000 in the last 12 months, around AED 904 per sqft.

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Mortgage on 405, Binghati Apartments

Starts from the last sale price (AED 405K, 13 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 405,000
Deposit, UAE resident (20%)
AED 81,000
Deposit, non-resident (40%)
AED 162,000
Monthly over 25 years at 3.7%
AED 1,657

Plus AED 19,920 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →