2-bed · 1,104 sqftBinghati Apartments, Dubai Silicon Oasis · Ground floor · completed 2015

M 03, Binghati Apartments

Sold prices and rental history: sold 4 times, last in August 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M 03 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 500K10 August 2021
Current rentAED 75K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M 03, Binghati Apartments

What is M 03 worth today?

Last sold for AED 500,000 in 2021

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1 Oct 2024RentedNew contract
AED 75,000/yr12 months · AED 68 per sqft
25 Aug 2023RentedNew contract
AED 60,000/yr12 months · AED 54 per sqft
5 Nov 2021RentedNew contract
AED 45,000/yr13 months · AED 41 per sqft
10 Aug 2021SoldReady
AED 500,000AED 453 per sqft
20 Jun 2021SoldReady
AED 625,633AED 566 per sqft
2 Feb 2020RentedNew contract
AED 54,000/yr12 months · AED 49 per sqft
16 Jun 2019SoldReady
AED 750,000AED 679 per sqft
1 Feb 2019RentedNew contract
AED 58,000/yr12 months · AED 52 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.

Key facts

Type
2-bed apartment
Size
1,104 sqft
Floor
Ground of 9
Parking
M-140
Developer
Binghatti
Completed
2015
Service charge
AED 11,400 /yr
Last sold
AED 500K · August 2021

About M 03, Binghati Apartments

M 03 is a two-bedroom apartment of 1,104 sqft on the ground floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 10 August 2021 for AED 500,000, or AED 453 per sqft.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 75,000 a year: a gross yield of 15.0% on the 2021 price, before the service charge of about AED 11,400 a year.

Sales and rents for M 03 over time

Sales
Unit M 03, each saleTypical two-bed in Binghati Apartments
500K1M2016201920222025Typical sale price by year: 2016 AED 955,943; 2019 AED 550,000; 2021 AED 625,633; 2023 AED 631,230; 2024 AED 895,000; 2025 AED 1,180,000Sold by developer, September 2018: AED 650,000 (AED 588 per sqft)Sold, June 2019: AED 750,000 (AED 679 per sqft)Sold, June 2021: AED 625,633 (AED 566 per sqft)Sold, August 2021: AED 500,000 (AED 453 per sqft)

M 03 has sold 4 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit M 03, each contractTypical two-bed in Binghati Apartments
50K75K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 63,500; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 54,500; 2023 AED 67,000; 2024 AED 80,000; 2025 AED 82,500New contract, February 2019: AED 58,000 a yearNew contract, February 2020: AED 54,000 a yearNew contract, November 2021: AED 45,000 a yearNew contract, August 2023: AED 60,000 a yearNew contract, October 2024: AED 75,000 a year

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

2-beds in Binghati Apartments, and where M 03 sits

All 39 2-beds →

Over the last 12 months two-beds sold for AED 1,000,000, around AED 837 per sqft, and rent for AED 66,066 to 85,000 a year. M 03's AED 75,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Feb 20261,000,000
21 Jul 20251,200,000
24 Apr 20251,180,000
23 Feb 2025900,000
1 2-bed sale 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 ground floor

All 222 units in Binghati Apartments
Value
G-013-bedAED 1.5M · Dec 2024
G-023-bedAED 1M · Apr 2019
G-033-bedAED 1.5M · Jan 2025
G-041-bedAED 700K · Apr 2021
G-052-bedAED 1.5M · Mar 2018
G-063-bedAED 1.23M · Feb 2016
G-07AED 1M · Oct 2025
1–7 of 12

M 03, Binghati Apartments in numbers

  • Sold 4 times: first on 5 September 2018 for AED 650,000, last on 10 August 2021 for AED 500,000 (AED 453 per sqft).
  • Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 58,000 to AED 45,000 in 2021 and recovered to AED 75,000 by October 2024.
  • At AED 75,000 a year the gross yield on the 2021 price is 15.0%, before a service charge of about AED 11,400 a year (AED 10.32 per sqft).
  • Two-beds in Binghati Apartments sold for AED 1,000,000–1,000,000 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 1 October 2024.

Questions about M 03, Binghati Apartments

What did unit M 03 last sell for?

AED 500,000 on 10 August 2021: AED 453 per sqft for 1,104 sqft. The unit has 4 registered sales; the first was AED 650,000 in September 2018.

What is the rent for unit M 03?

AED 75,000 a year on the contract signed on 1 October 2024. The previous contract, from August 2023, was AED 60,000; the unit has been rented since February 2019.

How big is unit M 03?

1,104 sqft (102.6 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2015.

What is unit M 03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghati Apartments sold for AED 1,000,000 to 1,000,000 in the last 12 months, around AED 837 per sqft.

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Mortgage on M 03, Binghati Apartments

Starts from the last sale price (AED 500K, 10 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 500,000
Deposit, UAE resident (20%)
AED 100,000
Deposit, non-resident (40%)
AED 200,000
Monthly over 25 years at 3.7%
AED 2,046

Plus AED 26,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →