Studio · 507 sqftBinghati Apartments, Dubai Silicon Oasis · 2nd floor · completed 2015

220, Binghati Apartments

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

Unit 220 · DLD and Ejari recordsUpdated 5 September 2023
Last soldAED 400K2 April 2016
Current rentAED 34K /yr5 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 220, Binghati Apartments

What is 220 worth today?

Last sold for AED 400,000 in 2016

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5 Sep 2023RentedNew contract
AED 34,000/yr12 months · AED 67 per sqft
1 Mar 2022RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft
1 Dec 2020RentedNew contract
AED 20,000/yr12 months · AED 40 per sqft
3 Oct 2018RentedNew contract
AED 35,000/yr12 months · AED 69 per sqft
1 Sep 2017RentedNew contract
AED 40,000/yr12 months · AED 79 per sqft
3 Aug 2016RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
2 Apr 2016SoldReady
AED 400,000AED 788 per sqft
25 Feb 2016Sold by developerOff-plan
AED 400,000AED 788 per sqft

Source: Dubai Land Department. Updated 5 September 2023.

Key facts

Type
Studio apartment
Size
507 sqft
Floor
2nd of 9
Parking
1-218
Developer
Binghatti
Completed
2015
Service charge
AED 5,200 /yr
Last sold
AED 400K · April 2016

About 220, Binghati Apartments

220 is a studio of 507 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 2 April 2016 for AED 400,000, or AED 788 per sqft, 14% below the AED 920 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 5 September 2023, is AED 34,000 a year: a gross yield of 8.5% on the 2016 price, before the service charge of about AED 5,200 a year.

Sales and rents for 220 over time

Sales
Unit 220, 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 400,000 (AED 788 per sqft)Sold, April 2016: AED 400,000 (AED 788 per sqft)

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

Rents
Unit 220, 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, August 2016: AED 50,000 a yearNew contract, September 2017: AED 40,000 a yearNew contract, October 2018: AED 35,000 a yearNew contract, December 2020: AED 20,000 a yearNew contract, March 2022: AED 25,000 a yearNew contract, September 2023: AED 34,000 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 220 sits

All 75 studios →

220 last sold in April 2016 at AED 788 per sqft, 14% below what studios in Binghati Apartments were fetching at the time (AED 920). 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. 220's AED 34,000 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 2nd floor

All 222 units in Binghati Apartments
Value
2011-bedAED 660K · May 2016
2021-bedAED 530K · Nov 2024
203StudioAED 395K · Jul 2024
204StudioAED 475K · Jul 2016
205StudioAED 325K · Feb 2023
2061-bedAED 660K · May 2016
2071-bedAED 575K · Sep 2017
1–7 of 24

220, Binghati Apartments in numbers

  • Sold twice: first on 25 February 2016 for AED 400,000, last on 2 April 2016 for AED 400,000 (AED 788 per sqft).
  • Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 50,000 to AED 20,000 in 2020 and recovered to AED 34,000 by September 2023.
  • At AED 34,000 a year the gross yield on the 2016 price is 8.5%, before a service charge of about AED 5,200 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 5 September 2023.

Questions about 220, Binghati Apartments

What did unit 220 last sell for?

AED 400,000 on 2 April 2016: AED 788 per sqft for 507 sqft. The unit has 2 registered sales; the first was AED 400,000 in February 2016.

What is the rent for unit 220?

AED 34,000 a year on the contract signed on 5 September 2023. The previous contract, from March 2022, was AED 25,000; the unit has been rented since August 2016.

How big is unit 220?

507 sqft (47.1 sqm): a studio on the 2nd floor of a 9-storey tower completed in 2015.

What is unit 220 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 220, Binghati Apartments

Starts from the last sale price (AED 400K, 2 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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