2-bed · 1,673 sqftBinghatti Stars, Dubai Silicon Oasis · 7th floor · completed 2019

721, Binghatti Stars

Sold prices and rental history: sold twice, last in August 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 721 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 1.19M9 August 2024
Current rentAED 65K /yr5 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 721, Binghatti Stars

What is 721 worth today?

Last sold for AED 1,190,000 in 2024

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9 Aug 2024SoldReady
AED 1,190,000AED 711 per sqft
5 Feb 2023RentedRenewal
AED 65,000/yr12 months · AED 39 per sqft
5 Feb 2022RentedNew contract
AED 65,000/yr12 months · AED 39 per sqft
1 Sep 2020RentedNew contract
AED 61,000/yr12 months · AED 37 per sqft
21 Oct 2019Sold by developerOff-plan
AED 1,000,000AED 597 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 August 2024.

Key facts

Type
2-bed apartment
Size
1,673 sqft
Floor
7th of 12
Parking
B1-67, B1-68
Developer
Binghatti
Completed
2019
Service charge
AED 18,300 /yr
Last sold
AED 1.19M · August 2024

About 721, Binghatti Stars

721 is a two-bedroom apartment of 1,673 sqft on the 7th floor of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. It last sold on 9 August 2024 for AED 1,190,000, or AED 711 per sqft, 36% above the AED 522 two-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 5 February 2023, is AED 65,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 18,300 a year.

Sales and rents for 721 over time

Sales
Unit 721, 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, October 2019: AED 1,000,000 (AED 597 per sqft)Sold, August 2024: AED 1,190,000 (AED 711 per sqft)

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

Rents
Unit 721, each contractTypical two-bed in Binghatti Stars
60K70K80K2020202220242026Typical 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, September 2020: AED 61,000 a yearNew contract, February 2022: AED 65,000 a yearRenewal, February 2023: AED 65,000 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 721 sits

All 48 2-beds →

721 last sold in August 2024 at AED 711 per sqft, 36% above what two-beds in Binghatti Stars were fetching at the time (AED 522). 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. 721's AED 65,000 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
5 Jul 20241,200,000
7 Feb 20241,000,000
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
11.0%
Binghatti Stars, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 7th floor

All 339 units in Binghatti Stars
Value
701StudioAED 375K · Jul 2023
702StudioAED 375K · Aug 2023
703StudioAED 375K · Jul 2023
704StudioAED 375K · Jul 2023
705StudioAED 500K · Sep 2024
706StudioAED 375K · Jul 2023
7072-bedAED 900K · Sep 2018
1–7 of 30

721, Binghatti Stars in numbers

  • Sold twice: first on 21 October 2019 for AED 1,000,000, last on 9 August 2024 for AED 1,190,000 (AED 711 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 61,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 18,300 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 9 August 2024.

Questions about 721, Binghatti Stars

What did unit 721 last sell for?

AED 1,190,000 on 9 August 2024: AED 711 per sqft for 1,673 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in October 2019.

What is the rent for unit 721?

AED 65,000 a year on the contract renewed on 5 February 2023. The previous contract, from February 2022, was AED 65,000; the unit has been rented since September 2020.

How big is unit 721?

1,673 sqft (155.4 sqm): a two-bedroom apartment on the 7th floor of a 12-storey tower completed in 2019.

What is unit 721 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 721, Binghatti Stars

Starts from the last sale price (AED 1.19M, 9 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,190,000
Deposit, UAE resident (20%)
AED 238,000
Deposit, non-resident (40%)
AED 476,000
Monthly over 25 years at 3.7%
AED 4,869

Plus AED 54,990 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →