1-bed · 781 sqftBinghati Apartments, Dubai Silicon Oasis · 4th floor · completed 2015

408, Binghati Apartments

Sold prices and rental history: sold twice, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 408 · DLD and Ejari recordsUpdated 4 July 2026
Last soldAED 550K14 November 2024
Current rentAED 64K /yr4 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 408, Binghati Apartments

What is 408 worth today?

Last sold for AED 550,000 in 2024

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4 Jul 2026RentedNew contract
AED 64,000/yr12 months · AED 82 per sqft
4 Jul 2025RentedNew contract
AED 64,000/yr12 months · AED 82 per sqft
15 Apr 2025RentedNew contract
AED 50,000/yr12 months · AED 64 per sqft
14 Nov 2024SoldReady
AED 550,000AED 704 per sqft
8 Jun 2024RentedRenewal
AED 34,500/yr12 months · AED 44 per sqft
8 Jun 2022RentedNew contract
AED 31,000/yr12 months · AED 39 per sqft
8 Jun 2020RentedRenewal
AED 37,000/yr12 months · AED 47 per sqft
8 Jun 2019RentedRenewal
AED 41,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 4 July 2026.

Key facts

Type
1-bed apartment
Size
781 sqft
Floor
4th of 9
Parking
M-119
Developer
Binghatti
Completed
2015
Service charge
AED 8,100 /yr
Last sold
AED 550K · November 2024

About 408, Binghati Apartments

408 is a one-bedroom apartment of 781 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 14 November 2024 for AED 550,000, or AED 704 per sqft, 7% above the AED 660 one-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, signed on 4 July 2026, is AED 64,000 a year: a gross yield of 11.6% on the 2024 price, before the service charge of about AED 8,100 a year.

Sales and rents for 408 over time

Sales
Unit 408, 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 586,157 (AED 750 per sqft)Sold, November 2024: AED 550,000 (AED 704 per sqft)

408 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 408, 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, June 2018: AED 47,000 a yearRenewal, June 2019: AED 41,000 a yearRenewal, June 2020: AED 37,000 a yearNew contract, June 2022: AED 31,000 a yearRenewal, June 2024: AED 34,500 a yearNew contract, April 2025: AED 50,000 a yearNew contract, July 2025: AED 64,000 a yearNew contract, July 2026: AED 64,000 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 408 sits

All 91 1-beds →

408 last sold in November 2024 at AED 704 per sqft, 7% above what one-beds in Binghati Apartments were fetching at the time (AED 660). 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. 408's AED 64,000 is in the upper 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
4061-bedAED 450K · Dec 2023
4071-bedAED 485K · Dec 2024
1–7 of 24

408, Binghati Apartments in numbers

  • Sold twice: first on 25 February 2016 for AED 586,157, last on 14 November 2024 for AED 550,000 (AED 704 per sqft).
  • Rented since June 2018 on 8 Ejari contracts. The rent fell from AED 47,000 to AED 31,000 in 2022 and recovered to AED 64,000 by July 2026.
  • At AED 64,000 a year the gross yield on the 2024 price is 11.6%, before a service charge of about AED 8,100 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 4 July 2026.

Questions about 408, Binghati Apartments

What did unit 408 last sell for?

AED 550,000 on 14 November 2024: AED 704 per sqft for 781 sqft. The unit has 2 registered sales; the first was AED 586,157 in February 2016.

What is the rent for unit 408?

AED 64,000 a year on the contract signed on 4 July 2026. The previous contract, from July 2025, was AED 64,000; the unit has been rented since June 2018.

How big is unit 408?

781 sqft (72.6 sqm): a one-bedroom apartment on the 4th floor of a 9-storey tower completed in 2015.

What is unit 408 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 408, Binghati Apartments

Starts from the last sale price (AED 550K, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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