Studio · 445 sqftBinghati Apartments, Dubai Silicon Oasis · 1st floor · completed 2015

122, Binghati Apartments

Sold prices and rental history: sold once, by the developer in February 2016, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 122 · DLD and Ejari recordsUpdated 29 March 2024
Last soldAED 445K25 February 2016
Current rentAED 45K /yr29 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 122, Binghati Apartments

What is 122 worth today?

Last sold for AED 445,003 in 2016

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29 Mar 2024RentedNew contract
AED 45,000/yr12 months · AED 101 per sqft
4 Mar 2023RentedNew contract
AED 38,000/yr12 months · AED 85 per sqft
1 Feb 2022RentedNew contract
AED 32,000/yr12 months · AED 73 per sqft
8 Sep 2019RentedNew contract
AED 37,500/yr8 months · AED 84 per sqft
22 Jun 2018RentedNew contract
AED 35,000/yr12 months · AED 79 per sqft
1 Jun 2016RentedNew contract
AED 48,000/yr12 months · AED 109 per sqft
25 Feb 2016Sold by developerOff-plan
AED 445,003AED 999 per sqft

Source: Dubai Land Department. Updated 29 March 2024.

Key facts

Type
Studio apartment
Size
445 sqft
Floor
1st of 9
Parking
1-240
Developer
Binghatti
Completed
2015
Service charge
AED 4,600 /yr
Last sold
AED 445K · February 2016

About 122, Binghati Apartments

122 is a studio of 445 sqft on the 1st floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. The developer sold it on 25 February 2016 for AED 445,003, or AED 999 per sqft, 9% above the AED 915 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 29 March 2024, is AED 45,000 a year: a gross yield of 10.1% on the 2016 price, before the service charge of about AED 4,600 a year.

Sales and rents for 122 over time

Sales
Unit 122, each saleTypical studio in Binghati Apartments
300K400K500K2016201920222025Typical sale price by year: 2016 AED 438,625; 2017 AED 470,000; 2018 AED 425,000; 2021 AED 280,000; 2022 AED 290,000; 2023 AED 325,000; 2024 AED 395,000; 2025 AED 415,000; 2026 AED 450,000Sold by developer, February 2016: AED 445,003 (AED 999 per sqft)

122 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 122, each contractTypical studio in Binghati Apartments
20K40K2016201920222025Typical rent by year: 2016 AED 46,000; 2017 AED 43,000; 2018 AED 38,000; 2019 AED 32,000; 2020 AED 24,000; 2021 AED 23,000; 2022 AED 27,500; 2023 AED 32,125; 2024 AED 39,000; 2025 AED 41,320; 2026 AED 41,500New contract, June 2016: AED 48,000 a yearNew contract, June 2018: AED 35,000 a yearNew contract, September 2019: AED 37,500 a yearNew contract, February 2022: AED 32,000 a yearNew contract, March 2023: AED 38,000 a yearNew contract, March 2024: AED 45,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Binghati Apartments, and where 122 sits

All 75 studios →

122 last sold in February 2016 at AED 999 per sqft, 9% above what studios in Binghati Apartments were fetching at the time (AED 915). Over the last 12 months studios sold for AED 400,000 to 510,000, around AED 918 per sqft, and rent for AED 13,333 to 53,000 a year. 122's AED 45,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
17 Sep 2026480,000
21 May 2026510,000
13 Apr 2026435,000
9 Jan 2026400,000
6 studio sales in the last 12 months

Binghati Apartments

Building

222 apartments, studios to 3-bed over 9 floors in Dubai Silicon Oasis, completed in 2015 by Binghatti. 22 sold in the last 12 months.

Typical price per sqft
AED 864 Up 7.3%
Typical sale
AED 680K
Typical rent
AED 58K /yr
Typical yield
8.9%
Binghati Apartments, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 1st floor

All 222 units in Binghati Apartments
Value
1011-bedAED 620K · Sep 2025
1021-bedAED 537K · Feb 2016
103StudioAED 462K · Feb 2016
104StudioAED 365K · Nov 2023
105StudioAED 325K · Feb 2023
1061-bedAED 604K · Feb 2016
1071-bedAED 549K · Feb 2016
1–7 of 24

122, Binghati Apartments in numbers

  • Sold once: by Binghatti on 25 February 2016 for AED 445,003, or AED 999 per sqft.
  • Rented since June 2016 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 32,000 in 2022 and recovered to AED 45,000 by March 2024.
  • At AED 45,000 a year the gross yield on the 2016 price is 10.1%, before a service charge of about AED 4,600 a year (AED 10.32 per sqft).
  • Studios in Binghati Apartments sold for AED 400,000–510,000 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 29 March 2024.

Questions about 122, Binghati Apartments

What did unit 122 last sell for?

AED 445,003 on 25 February 2016, sold by the developer: AED 999 per sqft for 445 sqft. It is the only registered sale of the unit.

What is the rent for unit 122?

AED 45,000 a year on the contract signed on 29 March 2024. The previous contract, from March 2023, was AED 38,000; the unit has been rented since June 2016.

How big is unit 122?

445 sqft (41.3 sqm): a studio on the 1st floor of a 9-storey tower completed in 2015.

What is unit 122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghati Apartments sold for AED 400,000 to 510,000 in the last 12 months, around AED 918 per sqft.

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Mortgage on 122, Binghati Apartments

Starts from the last sale price (AED 445K, 25 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 445,003
Deposit, UAE resident (20%)
AED 89,001
Deposit, non-resident (40%)
AED 178,001
Monthly over 25 years at 3.7%
AED 1,821

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →