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Studio · 509 sqftBinghati Apartments, Dubai Silicon Oasis · 7th floor · completed 2015

720, Binghati Apartments

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

Unit 720 · DLD and Ejari recordsUpdated 20 July 2021
Last soldAED 521K24 February 2016
Current rentAED 21K /yr20 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 720, Binghati Apartments

What is 720 worth today?

Last sold for AED 520,538 in 2016

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20 Jul 2021RentedNew contract
AED 21,000/yr12 months · AED 41 per sqft
5 Nov 2020RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
31 May 2018RentedNew contract
AED 42,000/yr12 months · AED 83 per sqft
31 May 2017RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
1 Jun 2016RentedNew contract
AED 50,000/yr12 months · AED 99 per sqft
24 Feb 2016Sold by developerOff-plan
AED 520,538AED 1,021 per sqft

Source: Dubai Land Department. Updated 20 July 2021.

Key facts

Type
Studio apartment
Size
509 sqft
Floor
7th of 9
Parking
M-159
Developer
Binghatti
Completed
2015
Service charge
AED 5,300 /yr
Last sold
AED 521K · February 2016
Building
Binghati Apartments

About 720, Binghati Apartments

720 is a studio of 509 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 520,538, or AED 1,021 per sqft, 9% above the AED 938 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 20 July 2021, is AED 21,000 a year: a gross yield of 4.0% on the 2016 price, before the service charge of about AED 5,300 a year.

Sales and rents for 720 over time

Sales
Unit 720, 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 520,538 (AED 1,021 per sqft)

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

Rents
Unit 720, 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, June 2016: AED 50,000 a yearNew contract, May 2017: AED 50,000 a yearNew contract, May 2018: AED 42,000 a yearNew contract, November 2020: AED 22,000 a yearNew contract, July 2021: AED 21,000 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 720 sits

All 75 studios →

720 last sold in February 2016 at AED 1,021 per sqft, 9% 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. 720's AED 21,000 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
704StudioAED 525K · Feb 2016
705StudioAED 495K · Nov 2016
7061-bedAED 420K · Jul 2023
7071-bedAED 600K · Apr 2025
1–7 of 24

720, Binghati Apartments in numbers

  • Sold once: by Binghatti on 24 February 2016 for AED 520,538, or AED 1,021 per sqft.
  • Rented since June 2016 on 5 Ejari contracts, from AED 50,000 to AED 21,000 a year.
  • At AED 21,000 a year the gross yield on the 2016 price is 4.0%, before a service charge of about AED 5,300 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 20 July 2021.

Questions about 720, Binghati Apartments

What did unit 720 last sell for?

AED 520,538 on 24 February 2016, sold by the developer: AED 1,021 per sqft for 509 sqft. It is the only registered sale of the unit.

What is the rent for unit 720?

AED 21,000 a year on the contract signed on 20 July 2021. The previous contract, from November 2020, was AED 22,000; the unit has been rented since June 2016.

How big is unit 720?

509 sqft (47.3 sqm): a studio on the 7th floor of a 9-storey tower completed in 2015.

What is unit 720 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 720, Binghati Apartments

Starts from the last sale price (AED 521K, 24 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 520,538
Deposit, UAE resident (20%)
AED 104,108
Deposit, non-resident (40%)
AED 208,215
Monthly over 25 years at 3.7%
AED 2,130

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