2-bed · 1,963 sqftBinghatti Stars, Dubai Silicon Oasis · 12th floor · completed 2019

1206, Binghatti Stars

Sold prices and rental history: sold once, by the developer in December 2019, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 15 August 2024
Last soldAED 875K11 December 2019
Current rentAED 90K /yr15 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Binghatti Stars

What is 1206 worth today?

Last sold for AED 875,000 in 2019

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15 Aug 2024RentedNew contract
AED 90,000/yr12 months · AED 46 per sqft
1 Aug 2023RentedRenewal
AED 80,000/yr12 months · AED 41 per sqft
1 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 36 per sqft
1 Aug 2022RentedNew contract
AED 70,000/yr12 months · AED 36 per sqft
11 Dec 2019Sold by developerOff-plan
AED 875,000AED 445 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Key facts

Type
2-bed apartment
Size
1,963 sqft
Floor
12th of 12
Parking
G-81, G-82
Developer
Binghatti
Completed
2019
Service charge
AED 21,500 /yr
Last sold
AED 875K · December 2019

About 1206, Binghatti Stars

1206 is a two-bedroom apartment of 1,963 sqft on the 12th floor of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. The developer sold it on 11 December 2019 for AED 875,000, or AED 445 per sqft, 22% below the AED 567 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 15 August 2024, is AED 90,000 a year: a gross yield of 10.3% on the 2019 price, before the service charge of about AED 21,500 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical two-bed in Binghatti Stars
800K1M1.2M2018202020222024Typical sale price by year: 2018 AED 900,000; 2019 AED 950,000; 2020 AED 809,696; 2021 AED 770,000; 2023 AED 980,000; 2024 AED 1,190,000Sold by developer, December 2019: AED 875,000 (AED 445 per sqft)

1206 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1206, each contractTypical two-bed in Binghatti Stars
60K80K2020202220242026Typical rent by year: 2020 AED 61,500; 2021 AED 60,000; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 82,000New contract, August 2022: AED 70,000 a yearNew contract, August 2022: AED 70,000 a yearRenewal, August 2023: AED 80,000 a yearNew contract, August 2024: AED 90,000 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 Binghatti Stars, and where 1206 sits

All 48 2-beds →

1206 last sold in December 2019 at AED 445 per sqft, 22% below what two-beds in Binghatti Stars were fetching at the time (AED 567). Over the last 12 months two-beds sold for AED 1,330,000, around AED 794 per sqft, and rent for AED 75,000 to 105,000 a year. 1206's AED 90,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
25 Dec 20251,330,000
24 Apr 20251,250,000
9 Aug 20241,190,000
5 Jul 20241,200,000
1 2-bed sale in the last 12 months

Binghatti Stars

Building

339 apartments, studios to 2-bed over 12 floors in Dubai Silicon Oasis, completed in 2019 by Binghatti. 9 sold in the last 12 months.

Typical price per sqft
AED 815
Typical sale
AED 550K
Typical rent
AED 50K /yr
Typical yield
11.1%
Binghatti Stars, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 12th floor

All 339 units in Binghatti Stars
Value
12011-bedAED 647K · Oct 2018
12021-bedAED 515K · Feb 2023
12031-bedAED 604K · Oct 2018
12041-bedAED 590K · Oct 2018
12052-bedAED 800K · Aug 2020
12071-bedAED 515K · Apr 2022
12081-bedAED 515K · Feb 2023
1–7 of 19

1206, Binghatti Stars in numbers

  • Sold once: by Binghatti on 11 December 2019 for AED 875,000, or AED 445 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 70,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2019 price is 10.3%, before a service charge of about AED 21,500 a year (AED 10.95 per sqft).
  • Two-beds in Binghatti Stars sold for AED 1,330,000–1,330,000 in the 12 months to November 2026; the building's median across all types is AED 815 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 August 2024.

Questions about 1206, Binghatti Stars

What did unit 1206 last sell for?

AED 875,000 on 11 December 2019, sold by the developer: AED 445 per sqft for 1,963 sqft. It is the only registered sale of the unit.

What is the rent for unit 1206?

AED 90,000 a year on the contract signed on 15 August 2024. The previous contract, from August 2023, was AED 80,000; the unit has been rented since August 2022.

How big is unit 1206?

1,963 sqft (182.4 sqm): a two-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Stars sold for AED 1,330,000 to 1,330,000 in the last 12 months, around AED 794 per sqft.

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Mortgage on 1206, Binghatti Stars

Starts from the last sale price (AED 875K, 11 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 875,000
Deposit, UAE resident (20%)
AED 175,000
Deposit, non-resident (40%)
AED 350,000
Monthly over 25 years at 3.7%
AED 3,580

Plus AED 41,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →