Studio · 438 sqftBinghati Apartments, Dubai Silicon Oasis · 5th floor · completed 2015

514, Binghati Apartments

Sold prices and rental history: sold once, by the developer in March 2016, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 514 · DLD and Ejari recordsUpdated 10 August 2020
Last soldAED 479K16 March 2016
Current rentAED 23K /yr10 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 514, Binghati Apartments

What is 514 worth today?

Last sold for AED 479,048 in 2016

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10 Aug 2020RentedNew contract
AED 23,000/yr12 months · AED 52 per sqft
1 Jul 2019RentedRenewal
AED 37,000/yr12 months · AED 84 per sqft
16 Mar 2016Sold by developerOff-plan
AED 479,048AED 1,093 per sqft

Source: Dubai Land Department. Updated 10 August 2020.

Key facts

Type
Studio apartment
Size
438 sqft
Floor
5th of 9
Parking
M-106
Developer
Binghatti
Completed
2015
Service charge
AED 4,500 /yr
Last sold
AED 479K · March 2016

About 514, Binghati Apartments

514 is a studio of 438 sqft on the 5th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. The developer sold it on 16 March 2016 for AED 479,048, or AED 1,093 per sqft, 19% above the AED 920 studios in the building were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 10 August 2020, is AED 23,000 a year: a gross yield of 4.8% on the 2016 price, before the service charge of about AED 4,500 a year.

Sales and rents for 514 over time

Sales
Unit 514, 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, March 2016: AED 479,048 (AED 1,093 per sqft)

514 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 514, 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 41,500Renewal, July 2019: AED 37,000 a yearNew contract, August 2020: AED 23,000 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 514 sits

All 75 studios →

514 last sold in March 2016 at AED 1,093 per sqft, 19% above what studios in Binghati Apartments were fetching at the time (AED 920). 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. 514's AED 23,000 is in the lower 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 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

514, Binghati Apartments in numbers

  • Sold once: by Binghatti on 16 March 2016 for AED 479,048, or AED 1,093 per sqft.
  • Rented since July 2019 on 2 Ejari contracts, from AED 37,000 to AED 23,000 a year.
  • At AED 23,000 a year the gross yield on the 2016 price is 4.8%, before a service charge of about AED 4,500 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 10 August 2020.

Questions about 514, Binghati Apartments

What did unit 514 last sell for?

AED 479,048 on 16 March 2016, sold by the developer: AED 1,093 per sqft for 438 sqft. It is the only registered sale of the unit.

What is the rent for unit 514?

AED 23,000 a year on the contract signed on 10 August 2020. The previous contract, from July 2019, was AED 37,000.

How big is unit 514?

438 sqft (40.7 sqm): a studio on the 5th floor of a 9-storey tower completed in 2015.

What is unit 514 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 514, Binghati Apartments

Starts from the last sale price (AED 479K, 16 March 2016). Switch to today's estimate once you have unlocked it.
Price
AED 479,048
Deposit, UAE resident (20%)
AED 95,810
Deposit, non-resident (40%)
AED 191,619
Monthly over 25 years at 3.7%
AED 1,960

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