2-bed · 1,391 sqftBinghati Apartments, Dubai Silicon Oasis · 6th floor · completed 2015

623, Binghati Apartments

Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 25 December 2025
Last soldAED 550K20 May 2019
Current rentAED 83K /yr25 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 623, Binghati Apartments

What is 623 worth today?

Last sold for AED 550,000 in 2019

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25 Dec 2025RentedRenewal
AED 83,000/yr12 months · AED 60 per sqft
25 Dec 2024RentedNew contract
AED 82,000/yr12 months · AED 59 per sqft
1 Dec 2023RentedNew contract
AED 70,000/yr12 months · AED 50 per sqft
1 Nov 2021RentedNew contract
AED 45,000/yr12 months · AED 32 per sqft
1 Aug 2020RentedNew contract
AED 50,000/yr12 months · AED 36 per sqft
10 Jul 2019RentedNew contract
AED 60,000/yr12 months · AED 43 per sqft
20 May 2019SoldReady
AED 550,000AED 395 per sqft
10 Jul 2018RentedNew contract
AED 80,000/yr12 months · AED 58 per sqft

Source: Dubai Land Department. Updated 25 December 2025.

Key facts

Type
2-bed apartment
Size
1,391 sqft
Floor
6th of 9
Parking
G-81
Developer
Binghatti
Completed
2015
Service charge
AED 14,400 /yr
Last sold
AED 550K · May 2019

About 623, Binghati Apartments

623 is a two-bedroom apartment of 1,391 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 20 May 2019 for AED 550,000, or AED 395 per sqft, in line with the AED 405 two-beds in the building were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 25 December 2025, is AED 83,000 a year: a gross yield of 15.1% on the 2019 price, before the service charge of about AED 14,400 a year.

Sales and rents for 623 over time

Sales
Unit 623, 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 863,754 (AED 620 per sqft)Sold, May 2019: AED 550,000 (AED 395 per sqft)

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

Rents
Unit 623, each contractTypical two-bed in Binghati Apartments
50K75K2016201920222025Typical 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, July 2018: AED 80,000 a yearNew contract, July 2019: AED 60,000 a yearNew contract, August 2020: AED 50,000 a yearNew contract, November 2021: AED 45,000 a yearNew contract, December 2023: AED 70,000 a yearNew contract, December 2024: AED 82,000 a yearRenewal, December 2025: AED 83,000 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 623 sits

All 41 2-beds →

623 last sold in May 2019 at AED 395 per sqft, in line with what two-beds in Binghati Apartments were fetching at the time (AED 405). 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. 623's AED 83,000 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

623, Binghati Apartments in numbers

  • Sold twice: first on 25 February 2016 for AED 863,754, last on 20 May 2019 for AED 550,000 (AED 395 per sqft).
  • Rented since July 2018 on 7 Ejari contracts. The rent fell from AED 80,000 to AED 45,000 in 2021 and recovered to AED 83,000 by December 2025.
  • At AED 83,000 a year the gross yield on the 2019 price is 15.1%, before a service charge of about AED 14,400 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 25 December 2025.

Questions about 623, Binghati Apartments

What did unit 623 last sell for?

AED 550,000 on 20 May 2019: AED 395 per sqft for 1,391 sqft. The unit has 2 registered sales; the first was AED 863,754 in February 2016.

What is the rent for unit 623?

AED 83,000 a year on the contract renewed on 25 December 2025. The previous contract, from December 2024, was AED 82,000; the unit has been rented since July 2018.

How big is unit 623?

1,391 sqft (129.2 sqm): a two-bedroom apartment on the 6th floor of a 9-storey tower completed in 2015.

What is unit 623 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 623, Binghati Apartments

Starts from the last sale price (AED 550K, 20 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 550,000
Deposit, UAE resident (20%)
AED 110,000
Deposit, non-resident (40%)
AED 220,000
Monthly over 25 years at 3.7%
AED 2,250

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