2-bed · 1,270 sqftBinghati Apartments, Dubai Silicon Oasis · 6th floor · completed 2015

605, Binghati Apartments

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 890K3 June 2024
Current rentAED 55K /yr10 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Binghati Apartments

What is 605 worth today?

Last sold for AED 890,000 in 2024

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3 Jun 2024SoldReady
AED 890,000AED 700 per sqft
22 Aug 2023SoldReady
AED 563,304AED 443 per sqft
10 Nov 2022RentedNew contract
AED 55,000/yr13 months · AED 43 per sqft
5 Nov 2018RentedRenewal
AED 68,000/yr12 months · AED 54 per sqft
5 Nov 2017RentedNew contract
AED 70,000/yr12 months · AED 55 per sqft
22 Mar 2016Sold by developerOff-plan
AED 952,299AED 749 per sqft
14 Feb 2016RentedNew contract
AED 90,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
2-bed apartment
Size
1,270 sqft
Floor
6th of 9
Parking
G-91 , G-92
Developer
Binghatti
Completed
2015
Service charge
AED 13,100 /yr
Last sold
AED 890K · June 2024

About 605, Binghati Apartments

605 is a two-bedroom apartment of 1,270 sqft on the 6th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 3 June 2024 for AED 890,000, or AED 700 per sqft, 14% above the AED 616 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, signed on 10 November 2022, is AED 55,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 13,100 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical two-bed in Binghati Apartments
500K1M2016201920222025Typical sale price by year: 2016 AED 950,000; 2019 AED 550,000; 2021 AED 650,000; 2023 AED 631,230; 2024 AED 895,000; 2025 AED 1,090,000; 2026 AED 1,135,000Sold by developer, March 2016: AED 952,299 (AED 749 per sqft)Sold, August 2023: AED 563,304 (AED 443 per sqft)Sold, June 2024: AED 890,000 (AED 700 per sqft)

605 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 605, each contractTypical two-bed in Binghati Apartments
60K80K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 67,000; 2024 AED 80,000; 2025 AED 82,000; 2026 AED 85,000New contract, February 2016: AED 90,000 a yearNew contract, November 2017: AED 70,000 a yearRenewal, November 2018: AED 68,000 a yearNew contract, November 2022: AED 55,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Binghati Apartments, and where 605 sits

All 41 2-beds →

605 last sold in June 2024 at AED 700 per sqft, 14% above what two-beds in Binghati Apartments were fetching at the time (AED 616). Over the last 12 months two-beds sold for AED 1,000,000 to 1,635,220, around AED 841 per sqft, and rent for AED 65,000 to 114,000 a year. 605's AED 55,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,635,220
17 Aug 20261,020,000
7 May 20261,250,000
3 Feb 20261,000,000
4 2-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 6th floor

All 222 units in Binghati Apartments
Value
6013-bedAED 1.29M · Oct 2026
6022-bedAED 938K · Feb 2016
6032-bedAED 1M · Feb 2016
6041-bedAED 662K · Feb 2016
6062-bedAED 544K · Jun 2023
6073-bedAED 1.18M · Feb 2016
6082-bedAED 1.25M · Feb 2016
1–7 of 24

605, Binghati Apartments in numbers

  • Sold 3 times: first on 22 March 2016 for AED 952,299, last on 3 June 2024 for AED 890,000 (AED 700 per sqft).
  • Rented since February 2016 on 4 Ejari contracts, from AED 90,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 13,100 a year (AED 10.32 per sqft).
  • Two-beds in Binghati Apartments sold for AED 1,000,000–1,635,220 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 3 June 2024.

Questions about 605, Binghati Apartments

What did unit 605 last sell for?

AED 890,000 on 3 June 2024: AED 700 per sqft for 1,270 sqft. The unit has 3 registered sales; the first was AED 952,299 in March 2016.

What is the rent for unit 605?

AED 55,000 a year on the contract signed on 10 November 2022. The previous contract, from November 2018, was AED 68,000; the unit has been rented since February 2016.

How big is unit 605?

1,270 sqft (118.0 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2015.

What is unit 605 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghati Apartments sold for AED 1,000,000 to 1,635,220 in the last 12 months, around AED 841 per sqft.

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Mortgage on 605, Binghati Apartments

Starts from the last sale price (AED 890K, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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