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1-bed · 778 sqftBinghati Apartments, Dubai Silicon Oasis · 7th floor · completed 2015

724, Binghati Apartments

Sold prices and rental history: sold twice, last in February 2025, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 724 · DLD and Ejari recordsUpdated 22 April 2025
Last soldAED 600K19 February 2025
Current rentAED 65K /yr22 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 724, Binghati Apartments

What is 724 worth today?

Last sold for AED 600,000 in 2025

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22 Apr 2025RentedNew contract
AED 65,000/yr12 months · AED 84 per sqft
19 Feb 2025SoldReady
AED 600,000AED 771 per sqft
1 Sep 2023RentedNew contract
AED 42,000/yr12 months · AED 54 per sqft
2 Aug 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
1 Jul 2020RentedRenewal
AED 35,000/yr12 months · AED 45 per sqft
1 Jul 2019RentedNew contract
AED 38,000/yr12 months · AED 49 per sqft
25 Jun 2018RentedNew contract
AED 53,000/yr12 months · AED 68 per sqft
24 Feb 2016Sold by developerOff-plan
AED 602,045AED 773 per sqft

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

Key facts

Type
1-bed apartment
Size
778 sqft
Floor
7th of 9
Parking
G-64
Developer
Binghatti
Completed
2015
Service charge
AED 8,000 /yr
Last sold
AED 600K · February 2025
Building
Binghati Apartments

About 724, Binghati Apartments

724 is a one-bedroom apartment of 778 sqft on the 7th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 19 February 2025 for AED 600,000, or AED 771 per sqft, 13% above the AED 680 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 22 April 2025, is AED 65,000 a year: a gross yield of 10.8% on the 2025 price, before the service charge of about AED 8,000 a year.

Sales and rents for 724 over time

Sales
Unit 724, 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 602,045 (AED 773 per sqft)Sold, February 2025: AED 600,000 (AED 771 per sqft)

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

Rents
Unit 724, 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, June 2018: AED 53,000 a yearNew contract, July 2019: AED 38,000 a yearRenewal, July 2020: AED 35,000 a yearNew contract, August 2021: AED 30,000 a yearNew contract, September 2023: AED 42,000 a yearNew contract, April 2025: AED 65,000 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 724 sits

All 83 1-beds →

724 last sold in February 2025 at AED 771 per sqft, 13% above what one-beds in Binghati Apartments were fetching at the time (AED 680). 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. 724's AED 65,000 is in the upper 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 7th floor

All 222 units in Binghati Apartments
Value
7011-bedAED 680K · Mar 2017
7021-bedAED 595K · Feb 2025
703StudioAED 520K · May 2017
704StudioAED 525K · Feb 2016
705StudioAED 495K · Nov 2016
7061-bedAED 420K · Jul 2023
7071-bedAED 600K · Apr 2025
1–7 of 24

724, Binghati Apartments in numbers

  • Sold twice: first on 24 February 2016 for AED 602,045, last on 19 February 2025 for AED 600,000 (AED 771 per sqft).
  • Rented since June 2018 on 6 Ejari contracts. The rent fell from AED 53,000 to AED 30,000 in 2021 and recovered to AED 65,000 by April 2025.
  • At AED 65,000 a year the gross yield on the 2025 price is 10.8%, before a service charge of about AED 8,000 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 April 2025.

Questions about 724, Binghati Apartments

What did unit 724 last sell for?

AED 600,000 on 19 February 2025: AED 771 per sqft for 778 sqft. The unit has 2 registered sales; the first was AED 602,045 in February 2016.

What is the rent for unit 724?

AED 65,000 a year on the contract signed on 22 April 2025. The previous contract, from September 2023, was AED 42,000; the unit has been rented since June 2018.

How big is unit 724?

778 sqft (72.3 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2015.

What is unit 724 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 724, Binghati Apartments

Starts from the last sale price (AED 600K, 19 February 2025). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →