2-bed · 1,493 sqftBinghatti Stars, Dubai Silicon Oasis · 4th floor · completed 2019

407, Binghatti Stars

Sold prices and rental history: sold once, by the developer in September 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 407 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 661K24 September 2018
Current rentAED 61K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Binghatti Stars

What is 407 worth today?

Last sold for AED 661,029 in 2018

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1 Jul 2024RentedRenewal
AED 61,000/yr12 months · AED 41 per sqft
1 Jul 2023RentedRenewal
AED 61,000/yr12 months · AED 41 per sqft
1 Jul 2021RentedRenewal
AED 58,000/yr12 months · AED 39 per sqft
24 Sep 2018Sold by developerOff-plan
AED 661,029AED 442 per sqft

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

Key facts

Type
2-bed apartment
Size
1,493 sqft
Floor
4th of 12
Parking
P1-63, P1-67
Developer
Binghatti
Completed
2019
Service charge
AED 16,300 /yr
Last sold
AED 661K · September 2018

About 407, Binghatti Stars

407 is a two-bedroom apartment of 1,493 sqft on the 4th floor of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. The developer sold it on 24 September 2018 for AED 661,029, or AED 442 per sqft, 22% below the AED 570 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 61,000 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 16,300 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical two-bed in Binghatti Stars
750K1M1.25M2018202020222024Typical 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, September 2018: AED 661,029 (AED 442 per sqft)

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

Rents
Unit 407, 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 82,000Renewal, July 2021: AED 58,000 a yearRenewal, July 2023: AED 61,000 a yearRenewal, July 2024: AED 61,000 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 407 sits

All 48 2-beds →

407 last sold in September 2018 at AED 442 per sqft, 22% below what two-beds in Binghatti Stars were fetching at the time (AED 570). 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. 407's AED 61,000 is at the bottom 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 4th floor

All 339 units in Binghatti Stars
Value
401StudioAED 370K · Mar 2020
402StudioAED 407K · Mar 2018
403StudioAED 190K · Nov 2022
404StudioAED 435K · May 2024
405StudioAED 490K · Dec 2024
406StudioAED 375K · Oct 2023
4081-bedAED 665K · Aug 2018
1–7 of 30

407, Binghatti Stars in numbers

  • Sold once: by Binghatti on 24 September 2018 for AED 661,029, or AED 442 per sqft.
  • Rented since July 2021 on 3 Ejari contracts, from AED 58,000 to AED 61,000 a year.
  • At AED 61,000 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 16,300 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 1 July 2024.

Questions about 407, Binghatti Stars

What did unit 407 last sell for?

AED 661,029 on 24 September 2018, sold by the developer: AED 442 per sqft for 1,493 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 61,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 61,000; the unit has been rented since July 2021.

How big is unit 407?

1,493 sqft (138.7 sqm): a two-bedroom apartment on the 4th floor of a 12-storey tower completed in 2019.

What is unit 407 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 407, Binghatti Stars

Starts from the last sale price (AED 661K, 24 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 661,029
Deposit, UAE resident (20%)
AED 132,206
Deposit, non-resident (40%)
AED 264,412
Monthly over 25 years at 3.7%
AED 2,704

Plus AED 32,773 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →