2-bed · 1,321 sqftBinghati Apartments, Dubai Silicon Oasis · 6th floor · completed 2015

620, Binghati Apartments

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

Unit 620 · DLD and Ejari recordsUpdated 5 December 2024
Last soldAED 975K5 December 2024
Current rentAED 70K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 620, Binghati Apartments

What is 620 worth today?

Last sold for AED 975,000 in 2024

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5 Dec 2024SoldReady
AED 975,000AED 737 per sqft
25 Sep 2024RentedRenewal
AED 70,000/yr3 months · AED 53 per sqft
20 Oct 2023SoldReady
AED 670,696AED 507 per sqft
25 Sep 2023RentedNew contract
AED 52,000/yr12 months · AED 39 per sqft
25 Sep 2022RentedNew contract
AED 52,000/yr12 months · AED 39 per sqft
1 Sep 2019RentedNew contract
AED 60,000/yr13 months · AED 45 per sqft
25 Feb 2016Sold by developerOff-plan
AED 989,635AED 748 per sqft
24 Jan 2016RentedNew contract
AED 90,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 5 December 2024.

Key facts

Type
2-bed apartment
Size
1,321 sqft
Floor
6th of 9
Parking
G-78
Developer
Binghatti
Completed
2015
Service charge
AED 13,600 /yr
Last sold
AED 975K · December 2024

About 620, Binghati Apartments

620 is a two-bedroom apartment of 1,321 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 5 December 2024 for AED 975,000, or AED 737 per sqft, in line with the AED 736 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 70,000 a year: a gross yield of 7.2% on the 2024 price, before the service charge of about AED 13,600 a year.

Sales and rents for 620 over time

Sales
Unit 620, 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, February 2016: AED 989,635 (AED 748 per sqft)Sold, October 2023: AED 670,696 (AED 507 per sqft)Sold, December 2024: AED 975,000 (AED 737 per sqft)

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

Rents
Unit 620, 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, January 2016: AED 90,000 a yearNew contract, September 2019: AED 60,000 a yearNew contract, September 2022: AED 52,000 a yearNew contract, September 2023: AED 52,000 a yearRenewal, September 2024: AED 70,000 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 620 sits

All 41 2-beds →

620 last sold in December 2024 at AED 737 per sqft, in line with what two-beds in Binghati Apartments were fetching at the time (AED 736). 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. 620's AED 70,000 is in the lower half 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
6052-bedAED 890K · Jun 2024
6062-bedAED 544K · Jun 2023
6073-bedAED 1.18M · Feb 2016
1–7 of 24

620, Binghati Apartments in numbers

  • Sold 3 times: first on 25 February 2016 for AED 989,635, last on 5 December 2024 for AED 975,000 (AED 737 per sqft).
  • Rented since January 2016 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 52,000 in 2023 and recovered to AED 70,000 by September 2024.
  • At AED 70,000 a year the gross yield on the 2024 price is 7.2%, before a service charge of about AED 13,600 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 5 December 2024.

Questions about 620, Binghati Apartments

What did unit 620 last sell for?

AED 975,000 on 5 December 2024: AED 737 per sqft for 1,321 sqft. The unit has 3 registered sales; the first was AED 989,635 in February 2016.

What is the rent for unit 620?

AED 70,000 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 52,000; the unit has been rented since January 2016.

How big is unit 620?

1,321 sqft (122.7 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2015.

What is unit 620 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 620, Binghati Apartments

Starts from the last sale price (AED 975K, 5 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 975,000
Deposit, UAE resident (20%)
AED 195,000
Deposit, non-resident (40%)
AED 390,000
Monthly over 25 years at 3.7%
AED 3,989

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