Studio · 522 sqftBinghati Apartments, Dubai Silicon Oasis · 4th floor · completed 2015

422, Binghati Apartments

Sold prices and rental history: sold twice, last in January 2017, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 422 · DLD and Ejari recordsUpdated 12 April 2025
Last soldAED 480K29 January 2017
Current rentAED 40K /yr12 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 422, Binghati Apartments

What is 422 worth today?

Last sold for AED 480,000 in 2017

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12 Apr 2025RentedRenewal
AED 40,000/yr12 months · AED 77 per sqft
11 Apr 2024RentedNew contract
AED 36,898/yr12 months · AED 71 per sqft
12 Apr 2023RentedNew contract
AED 35,000/yr12 months · AED 67 per sqft
15 Dec 2021RentedNew contract
AED 30,000/yr12 months · AED 58 per sqft
29 Jan 2017SoldReady
AED 480,000AED 920 per sqft
25 Feb 2016Sold by developerOff-plan
AED 438,326AED 840 per sqft

Source: Dubai Land Department. Updated 12 April 2025.

Key facts

Type
Studio apartment
Size
522 sqft
Floor
4th of 9
Parking
1-189
Developer
Binghatti
Completed
2015
Service charge
AED 5,400 /yr
Last sold
AED 480K · January 2017

About 422, Binghati Apartments

422 is a studio of 522 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 29 January 2017 for AED 480,000, or AED 920 per sqft, in line with the AED 932 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 12 April 2025, is AED 40,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 5,400 a year.

Sales and rents for 422 over time

Sales
Unit 422, 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 438,326 (AED 840 per sqft)Sold, January 2017: AED 480,000 (AED 920 per sqft)

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

Rents
Unit 422, 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, December 2021: AED 30,000 a yearNew contract, April 2023: AED 35,000 a yearNew contract, April 2024: AED 36,898 a yearRenewal, April 2025: AED 40,000 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 422 sits

All 75 studios →

422 last sold in January 2017 at AED 920 per sqft, in line with what studios in Binghati Apartments were fetching at the time (AED 932). 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. 422's AED 40,000 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 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

422, Binghati Apartments in numbers

  • Sold twice: first on 25 February 2016 for AED 438,326, last on 29 January 2017 for AED 480,000 (AED 920 per sqft).
  • Rented since December 2021 on 4 Ejari contracts, from AED 30,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2017 price is 8.3%, 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 12 April 2025.

Questions about 422, Binghati Apartments

What did unit 422 last sell for?

AED 480,000 on 29 January 2017: AED 920 per sqft for 522 sqft. The unit has 2 registered sales; the first was AED 438,326 in February 2016.

What is the rent for unit 422?

AED 40,000 a year on the contract renewed on 12 April 2025. The previous contract, from April 2024, was AED 36,898; the unit has been rented since December 2021.

How big is unit 422?

522 sqft (48.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2015.

What is unit 422 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 422, Binghati Apartments

Starts from the last sale price (AED 480K, 29 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 480,000
Deposit, UAE resident (20%)
AED 96,000
Deposit, non-resident (40%)
AED 192,000
Monthly over 25 years at 3.7%
AED 1,964

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