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1-bed · 699 sqftBinghati Apartments, Dubai Silicon Oasis · 4th floor · completed 2015

406, Binghati Apartments

Sold prices and rental history: sold 4 times, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 406 · DLD and Ejari recordsUpdated 1 March 2026
Last soldAED 450K7 December 2023
Current rentAED 47K /yr1 March 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 406, Binghati Apartments

What is 406 worth today?

Last sold for AED 450,000 in 2023

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1 Mar 2026RentedRenewal
AED 47,250/yr12 months · AED 68 per sqft
1 Mar 2025RentedRenewal
AED 45,000/yr12 months · AED 64 per sqft
1 Mar 2024RentedNew contract
AED 45,000/yr12 months · AED 64 per sqft
7 Dec 2023SoldReady
AED 450,000AED 643 per sqft
20 Jan 2023RentedNew contract
AED 37,500/yr13 months · AED 54 per sqft
1 Jan 2022RentedNew contract
AED 32,000/yr12 months · AED 46 per sqft
27 Oct 2021SoldReady
AED 300,000AED 429 per sqft
25 Jul 2019RentedNew contract
AED 40,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 March 2026.

Key facts

Type
1-bed apartment
Size
699 sqft
Floor
4th of 9
Parking
M-121
Developer
Binghatti
Completed
2015
Service charge
AED 7,200 /yr
Last sold
AED 450K · December 2023
Building
Binghati Apartments

About 406, Binghati Apartments

406 is a one-bedroom apartment of 699 sqft on the 4th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 7 December 2023 for AED 450,000, or AED 643 per sqft, 11% above the AED 578 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 March 2026, is AED 47,250 a year: a gross yield of 10.5% on the 2023 price, before the service charge of about AED 7,200 a year.

Sales and rents for 406 over time

Sales
Unit 406, each saleTypical one-bed in Binghati Apartments
400K600K2016201920222025Typical sale price by year: 2016 AED 614,646; 2017 AED 620,000; 2021 AED 440,000; 2023 AED 454,749; 2024 AED 555,000; 2025 AED 622,500; 2026 AED 698,000Sold by developer, February 2016: AED 561,436 (AED 803 per sqft)Sold, November 2016: AED 650,000 (AED 930 per sqft)Sold, October 2021: AED 300,000 (AED 429 per sqft)Sold, December 2023: AED 450,000 (AED 643 per sqft)

406 has sold 4 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 406, each contractTypical one-bed in Binghati Apartments
40K60K2016201920222025Typical rent by year: 2016 AED 63,000; 2017 AED 57,000; 2018 AED 53,000; 2019 AED 43,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 43,160; 2024 AED 46,200; 2025 AED 56,000; 2026 AED 59,500New contract, October 2017: AED 55,000 a yearNew contract, July 2019: AED 40,000 a yearNew contract, January 2022: AED 32,000 a yearNew contract, January 2023: AED 37,500 a yearNew contract, March 2024: AED 45,000 a yearRenewal, March 2025: AED 45,000 a yearRenewal, March 2026: AED 47,250 a year

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

1-beds in Binghati Apartments, and where 406 sits

All 91 1-beds →

406 last sold in December 2023 at AED 643 per sqft, 11% above what one-beds in Binghati Apartments were fetching at the time (AED 578). Over the last 12 months one-beds sold for AED 640,000 to 730,000, around AED 861 per sqft, and rent for AED 42,745 to 85,000 a year. 406's AED 47,250 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 2026700,000
13 Oct 2026710,000
12 Oct 2026655,000
8 Sep 2026700,000
11 1-bed 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 4th floor

All 222 units in Binghati Apartments
Value
4011-bedAED 750K · Jun 2016
4021-bedAED 430K · Mar 2023
403StudioAED 510K · May 2026
404StudioAED 290K · Jun 2022
405StudioAED 405K · Nov 2024
4071-bedAED 485K · Dec 2024
4081-bedAED 550K · Nov 2024
1–7 of 24

406, Binghati Apartments in numbers

  • Sold 4 times: first on 25 February 2016 for AED 561,436, last on 7 December 2023 for AED 450,000 (AED 643 per sqft).
  • Rented since October 2017 on 7 Ejari contracts. The rent fell from AED 55,000 to AED 32,000 in 2022 and recovered to AED 47,250 by March 2026.
  • At AED 47,250 a year the gross yield on the 2023 price is 10.5%, before a service charge of about AED 7,200 a year (AED 10.32 per sqft).
  • One-beds in Binghati Apartments sold for AED 640,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 1 March 2026.

Questions about 406, Binghati Apartments

What did unit 406 last sell for?

AED 450,000 on 7 December 2023: AED 643 per sqft for 699 sqft. The unit has 4 registered sales; the first was AED 561,436 in February 2016.

What is the rent for unit 406?

AED 47,250 a year on the contract renewed on 1 March 2026. The previous contract, from March 2025, was AED 45,000; the unit has been rented since October 2017.

How big is unit 406?

699 sqft (64.9 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2015.

What is unit 406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghati Apartments sold for AED 640,000 to 730,000 in the last 12 months, around AED 861 per sqft.

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Mortgage on 406, Binghati Apartments

Starts from the last sale price (AED 450K, 7 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 450,000
Deposit, UAE resident (20%)
AED 90,000
Deposit, non-resident (40%)
AED 180,000
Monthly over 25 years at 3.7%
AED 1,841

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