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Studio · 520 sqftBinghati Apartments, Dubai Silicon Oasis · 7th floor · completed 2015

704, Binghati Apartments

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

Unit 704 · DLD and Ejari recordsUpdated 28 February 2022
Last soldAED 525K24 February 2016
Current rentAED 27K /yr28 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Binghati Apartments

What is 704 worth today?

Last sold for AED 525,000 in 2016

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28 Feb 2022RentedNew contract
AED 27,000/yr12 months · AED 52 per sqft
20 Dec 2019RentedNew contract
AED 33,000/yr12 months · AED 64 per sqft
13 Mar 2016RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
24 Feb 2016Sold by developerOff-plan
AED 525,000AED 1,010 per sqft

Source: Dubai Land Department. Updated 28 February 2022.

Key facts

Type
Studio apartment
Size
520 sqft
Floor
7th of 9
Parking
M-133
Developer
Binghatti
Completed
2015
Service charge
AED 5,400 /yr
Last sold
AED 525K · February 2016
Building
Binghati Apartments

About 704, Binghati Apartments

704 is a studio of 520 sqft on the 7th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. The developer sold it on 24 February 2016 for AED 525,000, or AED 1,010 per sqft, 8% above the AED 938 studios in the building were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 28 February 2022, is AED 27,000 a year: a gross yield of 5.1% on the 2016 price, before the service charge of about AED 5,400 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical studio in Binghati Apartments
400K2016201920222025Typical 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, February 2016: AED 525,000 (AED 1,010 per sqft)

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

Rents
Unit 704, 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 41,500New contract, March 2016: AED 48,000 a yearNew contract, December 2019: AED 33,000 a yearNew contract, February 2022: AED 27,000 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 704 sits

All 75 studios →

704 last sold in February 2016 at AED 1,010 per sqft, 8% above what studios in Binghati Apartments were fetching at the time (AED 938). 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. 704's AED 27,000 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 7th floor

All 222 units in Binghati Apartments
Value
7011-bedAED 696K · Jul 2026
7021-bedAED 595K · Feb 2025
703StudioAED 520K · May 2017
705StudioAED 495K · Nov 2016
7061-bedAED 420K · Jul 2023
7071-bedAED 600K · Apr 2025
7081-bedAED 555K · Jul 2024
1–7 of 24

704, Binghati Apartments in numbers

  • Sold once: by Binghatti on 24 February 2016 for AED 525,000, or AED 1,010 per sqft.
  • Rented since March 2016 on 3 Ejari contracts, from AED 48,000 to AED 27,000 a year.
  • At AED 27,000 a year the gross yield on the 2016 price is 5.1%, before a service charge of about AED 5,400 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 28 February 2022.

Questions about 704, Binghati Apartments

What did unit 704 last sell for?

AED 525,000 on 24 February 2016, sold by the developer: AED 1,010 per sqft for 520 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 27,000 a year on the contract signed on 28 February 2022. The previous contract, from December 2019, was AED 33,000; the unit has been rented since March 2016.

How big is unit 704?

520 sqft (48.3 sqm): a studio on the 7th floor of a 9-storey tower completed in 2015.

What is unit 704 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 704, Binghati Apartments

Starts from the last sale price (AED 525K, 24 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 525,000
Deposit, UAE resident (20%)
AED 105,000
Deposit, non-resident (40%)
AED 210,000
Monthly over 25 years at 3.7%
AED 2,148

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