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Studio · 524 sqftBinghati Apartments, Dubai Silicon Oasis · 3rd floor · completed 2015

304, Binghati Apartments

Sold prices and rental history: sold once, by the developer in February 2016, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 304 · DLD and Ejari recordsUpdated 7 November 2022
Last soldAED 492K25 February 2016
Current rentAED 25K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 304, Binghati Apartments

What is 304 worth today?

Last sold for AED 491,600 in 2016

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7 Nov 2022RentedRenewal
AED 25,300/yr12 months · AED 48 per sqft
7 Nov 2021RentedRenewal
AED 25,300/yr12 months · AED 48 per sqft
7 Nov 2020RentedNew contract
AED 22,000/yr12 months · AED 42 per sqft
25 Feb 2016Sold by developerOff-plan
AED 491,600AED 937 per sqft

Source: Dubai Land Department. Updated 7 November 2022.

Key facts

Type
Studio apartment
Size
524 sqft
Floor
3rd of 9
Parking
1-203
Developer
Binghatti
Completed
2015
Service charge
AED 5,400 /yr
Last sold
AED 492K · February 2016
Building
Binghati Apartments

About 304, Binghati Apartments

304 is a studio of 524 sqft on the 3rd 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 491,600, or AED 937 per sqft, in line with the AED 915 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 7 November 2022, is AED 25,300 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 5,400 a year.

Sales and rents for 304 over time

Sales
Unit 304, 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 491,600 (AED 937 per sqft)

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

Rents
Unit 304, 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, November 2020: AED 22,000 a yearRenewal, November 2021: AED 25,300 a yearRenewal, November 2022: AED 25,300 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 304 sits

All 75 studios →

304 last sold in February 2016 at AED 937 per sqft, in line with 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. 304's AED 25,300 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 3rd floor

All 222 units in Binghati Apartments
Value
3011-bedAED 650K · Feb 2016
3021-bedAED 655K · Oct 2026
303StudioAED 400K · Jul 2024
305StudioAED 285K · Sep 2022
3061-bedAED 620K · Nov 2025
3071-bedAED 625K · Sep 2025
3081-bedAED 600K · Feb 2025
1–7 of 24

304, Binghati Apartments in numbers

  • Sold once: by Binghatti on 25 February 2016 for AED 491,600, or AED 937 per sqft.
  • Rented since November 2020 on 3 Ejari contracts, from AED 22,000 to AED 25,300 a year.
  • At AED 25,300 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 5,400 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 7 November 2022.

Questions about 304, Binghati Apartments

What did unit 304 last sell for?

AED 491,600 on 25 February 2016, sold by the developer: AED 937 per sqft for 524 sqft. It is the only registered sale of the unit.

What is the rent for unit 304?

AED 25,300 a year on the contract renewed on 7 November 2022. The previous contract, from November 2021, was AED 25,300; the unit has been rented since November 2020.

How big is unit 304?

524 sqft (48.7 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2015.

What is unit 304 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 304, Binghati Apartments

Starts from the last sale price (AED 492K, 25 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 491,600
Deposit, UAE resident (20%)
AED 98,320
Deposit, non-resident (40%)
AED 196,640
Monthly over 25 years at 3.7%
AED 2,011

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