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1-bed · 726 sqftBinghati Apartments, Dubai Silicon Oasis · 7th floor · completed 2015

706, Binghati Apartments

Sold prices and rental history: sold 3 times, last in July 2023, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 706 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 420K20 July 2023
Current rentAED 38K /yr20 September 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 706, Binghati Apartments

What is 706 worth today?

Last sold for AED 420,000 in 2023

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20 Jul 2023SoldReady
AED 420,000AED 578 per sqft
20 Sep 2019RentedNew contract
AED 38,000/yr12 months · AED 52 per sqft
29 Aug 2018RentedNew contract
AED 47,000/yr12 months · AED 65 per sqft
1 Aug 2017SoldReady
AED 615,000AED 847 per sqft
24 Feb 2016Sold by developerOff-plan
AED 569,279AED 784 per sqft

Source: Dubai Land Department. Updated 20 July 2023.

Key facts

Type
1-bed apartment
Size
726 sqft
Floor
7th of 9
Parking
M-131
Developer
Binghatti
Completed
2015
Service charge
AED 7,500 /yr
Last sold
AED 420K · July 2023
Building
Binghati Apartments

About 706, Binghati Apartments

706 is a one-bedroom apartment of 726 sqft on the 7th floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 20 July 2023 for AED 420,000, or AED 578 per sqft, 4% above the AED 555 one-beds in the building were fetching at the time.

It has been rented since 2018 on 2 Ejari contracts. The current contract, signed on 20 September 2019, is AED 38,000 a year: a gross yield of 9.0% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for 706 over time

Sales
Unit 706, each saleTypical one-bed in Binghati Apartments
400K600K2016201920222025Typical sale price by year: 2016 AED 614,646; 2017 AED 620,000; 2021 AED 440,000; 2023 AED 454,749; 2024 AED 555,000; 2025 AED 622,500; 2026 AED 698,000Sold by developer, February 2016: AED 569,279 (AED 784 per sqft)Sold, August 2017: AED 615,000 (AED 847 per sqft)Sold, July 2023: AED 420,000 (AED 578 per sqft)

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

Rents
Unit 706, each contractTypical one-bed in Binghati Apartments
40K60K2016201920222025Typical rent by year: 2016 AED 63,000; 2017 AED 57,000; 2018 AED 53,000; 2019 AED 43,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 43,160; 2024 AED 46,200; 2025 AED 56,000; 2026 AED 59,500New contract, August 2018: AED 47,000 a yearNew contract, September 2019: AED 38,000 a year

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

1-beds in Binghati Apartments, and where 706 sits

All 91 1-beds →

706 last sold in July 2023 at AED 578 per sqft, 4% above what one-beds in Binghati Apartments were fetching at the time (AED 555). Over the last 12 months one-beds sold for AED 640,000 to 730,000, around AED 861 per sqft, and rent for AED 42,745 to 85,000 a year. 706's AED 38,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 2026700,000
13 Oct 2026710,000
12 Oct 2026655,000
8 Sep 2026700,000
11 1-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 7th floor

All 222 units in Binghati Apartments
Value
7011-bedAED 696K · Jul 2026
7021-bedAED 595K · Feb 2025
703StudioAED 520K · May 2017
704StudioAED 525K · Feb 2016
705StudioAED 495K · Nov 2016
7071-bedAED 600K · Apr 2025
7081-bedAED 555K · Jul 2024
1–7 of 24

706, Binghati Apartments in numbers

  • Sold 3 times: first on 24 February 2016 for AED 569,279, last on 20 July 2023 for AED 420,000 (AED 578 per sqft).
  • Rented since August 2018 on 2 Ejari contracts, from AED 47,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2023 price is 9.0%, before a service charge of about AED 7,500 a year (AED 10.32 per sqft).
  • One-beds in Binghati Apartments sold for AED 640,000–730,000 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 20 July 2023.

Questions about 706, Binghati Apartments

What did unit 706 last sell for?

AED 420,000 on 20 July 2023: AED 578 per sqft for 726 sqft. The unit has 3 registered sales; the first was AED 569,279 in February 2016.

What is the rent for unit 706?

AED 38,000 a year on the contract signed on 20 September 2019. The previous contract, from August 2018, was AED 47,000.

How big is unit 706?

726 sqft (67.4 sqm): a one-bedroom apartment on the 7th floor of a 9-storey tower completed in 2015.

What is unit 706 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghati Apartments sold for AED 640,000 to 730,000 in the last 12 months, around AED 861 per sqft.

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Mortgage on 706, Binghati Apartments

Starts from the last sale price (AED 420K, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 420,000
Deposit, UAE resident (20%)
AED 84,000
Deposit, non-resident (40%)
AED 168,000
Monthly over 25 years at 3.7%
AED 1,718

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