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Studio · 452 sqftBinghati Apartments, Dubai Silicon Oasis · 2nd floor · completed 2015

204, Binghati Apartments

Sold prices and rental history: sold twice, last in July 2016, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 12 March 2022
Last soldAED 475K12 July 2016
Current rentAED 29K /yr12 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 204, Binghati Apartments

What is 204 worth today?

Last sold for AED 475,000 in 2016

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12 Mar 2022RentedRenewal
AED 29,000/yr12 months · AED 64 per sqft
12 Mar 2021RentedNew contract
AED 27,000/yr12 months · AED 60 per sqft
12 Jul 2016SoldReady
AED 475,000AED 1,049 per sqft
28 Apr 2016RentedNew contract
AED 45,000/yr12 months · AED 99 per sqft
25 Feb 2016Sold by developerOff-plan
AED 433,428AED 958 per sqft

Source: Dubai Land Department. Updated 12 March 2022.

Key facts

Type
Studio apartment
Size
452 sqft
Floor
2nd of 9
Parking
1-213
Developer
Binghatti
Completed
2015
Service charge
AED 4,700 /yr
Last sold
AED 475K · July 2016
Building
Binghati Apartments

About 204, Binghati Apartments

204 is a studio of 452 sqft on the 2nd floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 12 July 2016 for AED 475,000, or AED 1,049 per sqft, 13% above the AED 925 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 12 March 2022, is AED 29,000 a year: a gross yield of 6.1% on the 2016 price, before the service charge of about AED 4,700 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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 433,428 (AED 958 per sqft)Sold, July 2016: AED 475,000 (AED 1,049 per sqft)

204 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 204, 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, April 2016: AED 45,000 a yearNew contract, March 2021: AED 27,000 a yearRenewal, March 2022: AED 29,000 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 204 sits

All 75 studios →

204 last sold in July 2016 at AED 1,049 per sqft, 13% above what studios in Binghati Apartments were fetching at the time (AED 925). 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. 204's AED 29,000 is in the lower 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 2nd floor

All 222 units in Binghati Apartments
Value
2011-bedAED 660K · May 2016
2021-bedAED 530K · Nov 2024
203StudioAED 395K · Jul 2024
205StudioAED 325K · Feb 2023
2061-bedAED 660K · May 2016
2071-bedAED 575K · Sep 2017
2081-bedAED 340K · Jan 2022
1–7 of 24

204, Binghati Apartments in numbers

  • Sold twice: first on 25 February 2016 for AED 433,428, last on 12 July 2016 for AED 475,000 (AED 1,049 per sqft).
  • Rented since April 2016 on 3 Ejari contracts, from AED 45,000 to AED 29,000 a year.
  • At AED 29,000 a year the gross yield on the 2016 price is 6.1%, before a service charge of about AED 4,700 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 12 March 2022.

Questions about 204, Binghati Apartments

What did unit 204 last sell for?

AED 475,000 on 12 July 2016: AED 1,049 per sqft for 452 sqft. The unit has 2 registered sales; the first was AED 433,428 in February 2016.

What is the rent for unit 204?

AED 29,000 a year on the contract renewed on 12 March 2022. The previous contract, from March 2021, was AED 27,000; the unit has been rented since April 2016.

How big is unit 204?

452 sqft (42.0 sqm): a studio on the 2nd floor of a 9-storey tower completed in 2015.

What is unit 204 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 204, Binghati Apartments

Starts from the last sale price (AED 475K, 12 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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