2-bed · 896 sqftBinghatti Point, Dubai Silicon Oasis · 3rd floor · completed 2022

301, Binghatti Point

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 570K10 October 2021
Current rentAED 62K /yr4 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Binghatti Point

What is 301 worth today?

Last sold for AED 570,000 in 2021

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4 Oct 2024RentedRenewal
AED 61,834/yr12 months · AED 69 per sqft
12 Sep 2022RentedNew contract
AED 47,000/yr12 months · AED 52 per sqft
10 Oct 2021Sold by developerOff-plan
AED 570,000AED 636 per sqft

Source: Dubai Land Department. Updated 4 October 2024.

Key facts

Type
2-bed apartment
Size
896 sqft
Floor
3rd of 10
Parking
B-29, B-30
Developer
Binghatti
Completed
2022
Service charge
AED 11,800 /yr
Last sold
AED 570K · October 2021

About 301, Binghatti Point

301 is a two-bedroom apartment of 896 sqft on the 3rd floor of Binghatti Point, a 10-storey tower in Dubai Silicon Oasis completed in 2022 by Binghatti. The developer sold it on 10 October 2021 for AED 570,000, or AED 636 per sqft, 27% above the AED 500 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 4 October 2024, is AED 61,834 a year: a gross yield of 10.8% on the 2021 price, before the service charge of about AED 11,800 a year.

Sales and rents for 301 over time

Sales
Unit 301, each saleTypical two-bed in Binghatti Point
600K800K20212022202320242025Typical sale price by year: 2021 AED 672,500; 2022 AED 620,000; 2023 AED 710,000; 2024 AED 850,000Sold by developer, October 2021: AED 570,000 (AED 636 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Binghatti Point
60K20222023202420252026Typical rent by year: 2022 AED 50,000; 2023 AED 55,000; 2024 AED 63,000; 2025 AED 74,500New contract, September 2022: AED 47,000 a yearRenewal, October 2024: AED 61,834 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 Binghatti Point, and where 301 sits

All 35 2-beds →

301 last sold in October 2021 at AED 636 per sqft, 27% above what two-beds in Binghatti Point were fetching at the time (AED 500). Over the last 12 months two-beds sold for AED 930,000 to 1,100,000, around AED 888 per sqft, and rent for AED 74,000 to 110,000 a year. 301's AED 61,834 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
14 Nov 2024880,000
3 May 2024850,000
29 Apr 2024840,000
15 Nov 2023840,000
2 2-bed sales in the last 12 months

Binghatti Point

Building

121 apartments, 1-bed to 2-bed over 10 floors in Dubai Silicon Oasis, completed in 2022 by Binghatti. 4 sold in the last 12 months.

Typical price per sqft
AED 951
Typical sale
AED 848K
Typical rent
AED 63K /yr
Typical yield
7.7%
Binghatti Point, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 121 units in Binghatti Point
Value
3021-bedAED 410K · Dec 2021
3031-bedAED 535K · May 2023
3041-bedAED 450K · Sep 2023
3052-bedAED 675K · Oct 2021
3061-bedAED 445K · Oct 2021
3071-bedAED 690K · May 2025
3082-bedAED 650K · Oct 2021
1–7 of 11

301, Binghatti Point in numbers

  • Sold once: by Binghatti on 10 October 2021 for AED 570,000, or AED 636 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 47,000 to AED 61,834 a year.
  • At AED 61,834 a year the gross yield on the 2021 price is 10.8%, before a service charge of about AED 11,800 a year (AED 13.12 per sqft).
  • Two-beds in Binghatti Point sold for AED 930,000–1,100,000 in the 12 months to November 2026; the building's median across all types is AED 951 per sqft.

Source: Dubai Land Department. Updated 4 October 2024.

Questions about 301, Binghatti Point

What did unit 301 last sell for?

AED 570,000 on 10 October 2021, sold by the developer: AED 636 per sqft for 896 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 61,834 a year on the contract renewed on 4 October 2024. The previous contract, from September 2022, was AED 47,000.

How big is unit 301?

896 sqft (83.2 sqm): a two-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2022.

What is unit 301 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Point sold for AED 930,000 to 1,100,000 in the last 12 months, around AED 888 per sqft.

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Mortgage on 301, Binghatti Point

Starts from the last sale price (AED 570K, 10 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

Plus AED 28,950 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →