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1-bed · 769 sqftBinghati Apartments, Dubai Silicon Oasis · 5th floor · completed 2015

508, Binghati Apartments

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

Unit 508 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 460K1 June 2023
Current rentAED 30K /yr15 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 508, Binghati Apartments

What is 508 worth today?

Last sold for AED 460,000 in 2023

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1 Jun 2023SoldReady
AED 460,000AED 597 per sqft
15 Apr 2021RentedNew contract
AED 30,000/yr12 months · AED 39 per sqft
5 Feb 2020RentedRenewal
AED 43,000/yr12 months · AED 56 per sqft
5 Feb 2019RentedRenewal
AED 50,000/yr12 months · AED 65 per sqft
5 Feb 2018RentedNew contract
AED 55,000/yr12 months · AED 72 per sqft
10 Jan 2017RentedNew contract
AED 62,000/yr12 months · AED 81 per sqft
25 Feb 2016Sold by developerOff-plan
AED 577,836AED 751 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
5th of 9
Parking
M-166
Developer
Binghatti
Completed
2015
Service charge
AED 7,900 /yr
Last sold
AED 460K · June 2023
Building
Binghati Apartments

About 508, Binghati Apartments

508 is a one-bedroom apartment of 769 sqft on the 5th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 1 June 2023 for AED 460,000, or AED 597 per sqft, 11% above the AED 537 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 15 April 2021, is AED 30,000 a year: a gross yield of 6.5% on the 2023 price, before the service charge of about AED 7,900 a year.

Sales and rents for 508 over time

Sales
Unit 508, 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 577,836 (AED 751 per sqft)Sold, June 2023: AED 460,000 (AED 597 per sqft)

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

Rents
Unit 508, 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, January 2017: AED 62,000 a yearNew contract, February 2018: AED 55,000 a yearRenewal, February 2019: AED 50,000 a yearRenewal, February 2020: AED 43,000 a yearNew contract, April 2021: AED 30,000 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 508 sits

All 91 1-beds →

508 last sold in June 2023 at AED 597 per sqft, 11% above what one-beds in Binghati Apartments were fetching at the time (AED 537). 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. 508's AED 30,000 is at the bottom 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 5th floor

All 222 units in Binghati Apartments
Value
5011-bedAED 575K · Nov 2024
5021-bedAED 640K · Jan 2026
503StudioAED 420K · Feb 2025
504StudioAED 525K · Oct 2016
505StudioAED 552K · Jun 2016
5061-bedAED 720K · Oct 2016
5071-bedAED 710K · Oct 2026
1–7 of 24

508, Binghati Apartments in numbers

  • Sold twice: first on 25 February 2016 for AED 577,836, last on 1 June 2023 for AED 460,000 (AED 597 per sqft).
  • Rented since January 2017 on 5 Ejari contracts, from AED 62,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2023 price is 6.5%, before a service charge of about AED 7,900 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 June 2023.

Questions about 508, Binghati Apartments

What did unit 508 last sell for?

AED 460,000 on 1 June 2023: AED 597 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 577,836 in February 2016.

What is the rent for unit 508?

AED 30,000 a year on the contract signed on 15 April 2021. The previous contract, from February 2020, was AED 43,000; the unit has been rented since January 2017.

How big is unit 508?

769 sqft (71.4 sqm): a one-bedroom apartment on the 5th floor of a 9-storey tower completed in 2015.

What is unit 508 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 508, Binghati Apartments

Starts from the last sale price (AED 460K, 1 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 460,000
Deposit, UAE resident (20%)
AED 92,000
Deposit, non-resident (40%)
AED 184,000
Monthly over 25 years at 3.7%
AED 1,882

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