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Studio · 458 sqftBinghati Apartments, Dubai Silicon Oasis · 4th floor · completed 2015

423, Binghati Apartments

Sold prices and rental history: sold 6 times, last in October 2025, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 423 · DLD and Ejari recordsUpdated 1 December 2025
Last soldAED 450K23 October 2025
Current rentAED 50K /yr1 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 423, Binghati Apartments

What is 423 worth today?

Last sold for AED 450,000 in 2025

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1 Dec 2025RentedNew contract
AED 50,265/yr12 months · AED 109 per sqft
23 Oct 2025SoldReady
AED 450,000AED 982 per sqft
1 Aug 2025RentedNew contract
AED 48,000/yr12 months · AED 105 per sqft
1 Aug 2025RentedNew contract
AED 48,000/yr12 months · AED 105 per sqft
23 May 2024SoldReady
AED 395,000AED 862 per sqft
18 May 2023SoldReady
AED 345,000AED 753 per sqft
1 Feb 2023RentedNew contract
AED 28,000/yr12 months · AED 60 per sqft
1 Dec 2021RentedNew contract
AED 24,000/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 1 December 2025.

Key facts

Type
Studio apartment
Size
458 sqft
Floor
4th of 9
Parking
1-190
Developer
Binghatti
Completed
2015
Service charge
AED 4,700 /yr
Last sold
AED 450K · October 2025
Building
Binghati Apartments

About 423, Binghati Apartments

423 is a studio of 458 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 23 October 2025 for AED 450,000, or AED 982 per sqft, 15% above the AED 853 studios in the building were fetching at the time.

It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 1 December 2025, is AED 50,265 a year: a gross yield of 11.2% on the 2025 price, before the service charge of about AED 4,700 a year.

Sales and rents for 423 over time

Sales
Unit 423, 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 409,822 (AED 894 per sqft)Sold, November 2016: AED 450,000 (AED 982 per sqft)Sold, October 2021: AED 251,680 (AED 549 per sqft)Sold, May 2023: AED 345,000 (AED 753 per sqft)Sold, May 2024: AED 395,000 (AED 862 per sqft)Sold, October 2025: AED 450,000 (AED 982 per sqft)

423 has sold 6 times; the dashed line is the studio median of each year in the building.

Rents
Unit 423, 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 24,000 a yearNew contract, February 2023: AED 28,000 a yearNew contract, August 2025: AED 48,000 a yearNew contract, August 2025: AED 48,000 a yearNew contract, December 2025: AED 50,265 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 423 sits

All 75 studios →

423 last sold in October 2025 at AED 982 per sqft, 15% above what studios in Binghati Apartments were fetching at the time (AED 853). 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. 423's AED 50,265 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

423, Binghati Apartments in numbers

  • Sold 6 times: first on 25 February 2016 for AED 409,822, last on 23 October 2025 for AED 450,000 (AED 982 per sqft).
  • Rented since December 2021 on 5 Ejari contracts, from AED 24,000 to AED 50,265 a year.
  • At AED 50,265 a year the gross yield on the 2025 price is 11.2%, before a service charge of about AED 4,700 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 1 December 2025.

Questions about 423, Binghati Apartments

What did unit 423 last sell for?

AED 450,000 on 23 October 2025: AED 982 per sqft for 458 sqft. The unit has 6 registered sales; the first was AED 409,822 in February 2016.

What is the rent for unit 423?

AED 50,265 a year on the contract signed on 1 December 2025. The previous contract, from August 2025, was AED 48,000; the unit has been rented since December 2021.

How big is unit 423?

458 sqft (42.5 sqm): a studio on the 4th floor of a 9-storey tower completed in 2015.

What is unit 423 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 423, Binghati Apartments

Starts from the last sale price (AED 450K, 23 October 2025). 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 →