608, Binghatti Point
Sold prices and rental history: sold twice, last in November 2023, and rented once, from April 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 608, Binghatti Point
What is 608 worth today?
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Source: Dubai Land Department. Updated 15 November 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,260 sqft
- Floor
- 6th of 10
- Parking
- B-12
- Developer
- Binghatti
- Completed
- 2022
- Service charge
- AED 16,500 /yr
- Last sold
- AED 840K · November 2023
- Building
- Binghatti Point
About 608, Binghatti Point
608 is a two-bedroom apartment of 1,260 sqft on the 6th floor of Binghatti Point, a 10-storey tower in Dubai Silicon Oasis completed in 2022 by Binghatti. It last sold on 15 November 2023 for AED 840,000, or AED 666 per sqft, 9% below the AED 731 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 April 2022. The current contract, signed on 25 April 2022, is AED 57,000 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 16,500 a year.
Sales and rents for 608 over time
608 has sold twice; the dashed line is the two-bed median of each year in the building.
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 608 sits
All 35 2-beds →608 last sold in November 2023 at AED 666 per sqft, 9% below what two-beds in Binghatti Point were fetching at the time (AED 731). 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. 608's AED 57,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Nov 202414 November 2024 | 1,262 sqft | 880,000 | 697 | ||
| 3 May 20243 May 2024 | 896 sqft | 850,000 | 948 | ||
| 29 Apr 202429 April 2024 | 1,321 sqft | 840,000 | 635 | ||
| 28 Aug 202328 August 2023 | 896 sqft | 700,000 | 781 |
Binghatti Point
Building121 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%
Other units on the 6th floor
All 121 units in Binghatti Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 2-bed | 896 sqft | AED 695KAED 695,000 · Oct 2021October 2021 | 65,000 /yr | |
| 602 | 1-bed | 892 sqft | AED 420KAED 420,000 · Nov 2021November 2021 | 60,000 /yr | |
| 603 | 1-bed | 609 sqft | AED 480KAED 480,000 · May 2022May 2022 | 44,100 /yr | |
| 604 | 1-bed | 621 sqft | AED 532KAED 531,809 · Dec 2021December 2021 | 55,000 /yr | |
| 605 | 2-bed | 1,321 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 78,000 /yr | |
| 606 | 1-bed | 823 sqft | AED 460KAED 460,000 · Dec 2021December 2021 | 55,000 /yr | |
| 607 | 1-bed | 821 sqft | AED 470KAED 470,000 · Dec 2021December 2021 | 60,000 /yr | |
| 609 | 1-bed | 687 sqft | AED 495KAED 495,000 · Mar 2022March 2022 | ||
| 610 | 1-bed | 676 sqft | AED 460KAED 460,000 · Nov 2021November 2021 | ||
| 611 | 1-bed | 825 sqft | AED 495KAED 495,000 · Nov 2021November 2021 | 50,000 /yr | |
| 612 | 896 sqft | AED 890KAED 890,000 · Oct 2025October 2025 | 68,500 /yr |
608, Binghatti Point in numbers
- Sold twice: first on 13 December 2021 for AED 746,988, last on 15 November 2023 for AED 840,000 (AED 666 per sqft).
- Rented since April 2022 on one Ejari contract, at AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 16,500 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 15 November 2023.
Questions about 608, Binghatti Point
What did unit 608 last sell for?
AED 840,000 on 15 November 2023: AED 666 per sqft for 1,260 sqft. The unit has 2 registered sales; the first was AED 746,988 in December 2021.
What is the rent for unit 608?
AED 57,000 a year on the contract signed on 25 April 2022.
How big is unit 608?
1,260 sqft (117.1 sqm): a two-bedroom apartment on the 6th floor of a 10-storey tower completed in 2022.
What is unit 608 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 608, Binghatti Point
Starts from the last sale price (AED 840K, 15 November 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 840,000
- Deposit, UAE resident (20%)
- AED 168,000
- Deposit, non-resident (40%)
- AED 336,000
- Monthly over 25 years at 3.7%
- AED 3,437
Plus AED 40,290 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →