1-bed · 753 sqftBinghati Apartments, Dubai Silicon Oasis · 4th floor · completed 2015

407, Binghati Apartments

Sold prices and rental history: sold 3 times, last in December 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 4 December 2024
Last soldAED 485K4 December 2024
Current rentAED 34K /yr1 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Binghati Apartments

What is 407 worth today?

Last sold for AED 485,000 in 2024

Unlock today's estimate, updated daily, with

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

4 Dec 2024SoldReady
AED 485,000AED 643 per sqft
1 Dec 2024RentedNew contract
AED 33,600/yr12 months · AED 45 per sqft
1 Dec 2020RentedNew contract
AED 28,000/yr12 months · AED 37 per sqft
5 Sep 2019RentedRenewal
AED 36,000/yr12 months · AED 48 per sqft
5 Sep 2018RentedNew contract
AED 43,000/yr12 months · AED 57 per sqft
20 Dec 2017SoldReady
AED 600,000AED 796 per sqft
25 Feb 2016Sold by developerOff-plan
AED 585,834AED 777 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 December 2024.

Key facts

Type
1-bed apartment
Size
753 sqft
Floor
4th of 9
Parking
M-120
Developer
Binghatti
Completed
2015
Service charge
AED 7,800 /yr
Last sold
AED 485K · December 2024

About 407, Binghati Apartments

407 is a one-bedroom apartment of 753 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 4 December 2024 for AED 485,000, or AED 643 per sqft, in line with the AED 662 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 1 December 2024, is AED 33,600 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for 407 over time

Sales
Unit 407, 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, February 2016: AED 585,834 (AED 777 per sqft)Sold, December 2017: AED 600,000 (AED 796 per sqft)Sold, December 2024: AED 485,000 (AED 643 per sqft)

407 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 407, 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, September 2018: AED 43,000 a yearRenewal, September 2019: AED 36,000 a yearNew contract, December 2020: AED 28,000 a yearNew contract, December 2024: AED 33,600 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 407 sits

All 83 1-beds →

407 last sold in December 2024 at AED 643 per sqft, in line with what one-beds in Binghati Apartments were fetching at the time (AED 662). 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. 407's AED 33,600 is at the bottom 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 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
405StudioAED 405K · Nov 2024
4061-bedAED 450K · Dec 2023
4081-bedAED 550K · Nov 2024
1–7 of 24

407, Binghati Apartments in numbers

  • Sold 3 times: first on 25 February 2016 for AED 585,834, last on 4 December 2024 for AED 485,000 (AED 643 per sqft).
  • Rented since September 2018 on 4 Ejari contracts. The rent fell from AED 43,000 to AED 28,000 in 2020 and recovered to AED 33,600 by December 2024.
  • At AED 33,600 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 7,800 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 4 December 2024.

Questions about 407, Binghati Apartments

What did unit 407 last sell for?

AED 485,000 on 4 December 2024: AED 643 per sqft for 753 sqft. The unit has 3 registered sales; the first was AED 585,834 in February 2016.

What is the rent for unit 407?

AED 33,600 a year on the contract signed on 1 December 2024. The previous contract, from December 2020, was AED 28,000; the unit has been rented since September 2018.

How big is unit 407?

753 sqft (70.0 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2015.

What is unit 407 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 407? 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 407, Binghati Apartments

Starts from the last sale price (AED 485K, 4 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 485,000
Deposit, UAE resident (20%)
AED 97,000
Deposit, non-resident (40%)
AED 194,000
Monthly over 25 years at 3.7%
AED 1,984

Plus AED 23,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →