Studio · 515 sqftBinghati Apartments, Dubai Silicon Oasis · 7th floor · completed 2015

722, 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 722 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 530K24 February 2016
Current rentAED 28K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 722, Binghati Apartments

What is 722 worth today?

Last sold for AED 530,036 in 2016

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1 Dec 2023RentedRenewal
AED 27,830/yr12 months · AED 54 per sqft
1 Dec 2022RentedRenewal
AED 25,300/yr12 months · AED 49 per sqft
1 Dec 2021RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
1 Dec 2020RentedNew contract
AED 22,000/yr12 months · AED 43 per sqft
7 May 2018RentedNew contract
AED 35,000/yr12 months · AED 68 per sqft
1 Aug 2016RentedNew contract
AED 48,000/yr12 months · AED 93 per sqft
24 Feb 2016Sold by developerOff-plan
AED 530,036AED 1,028 per sqft

Source: Dubai Land Department. Updated 1 December 2023.

Key facts

Type
Studio apartment
Size
515 sqft
Floor
7th of 9
Parking
M-163
Developer
Binghatti
Completed
2015
Service charge
AED 5,300 /yr
Last sold
AED 530K · February 2016

About 722, Binghati Apartments

722 is a studio of 515 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 530,036, or AED 1,028 per sqft, 10% above the AED 938 studios in the building were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 27,830 a year: a gross yield of 5.3% on the 2016 price, before the service charge of about AED 5,300 a year.

Sales and rents for 722 over time

Sales
Unit 722, 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 530,036 (AED 1,028 per sqft)

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

Rents
Unit 722, 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, August 2016: AED 48,000 a yearNew contract, May 2018: AED 35,000 a yearNew contract, December 2020: AED 22,000 a yearNew contract, December 2021: AED 22,000 a yearRenewal, December 2022: AED 25,300 a yearRenewal, December 2023: AED 27,830 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 722 sits

All 75 studios →

722 last sold in February 2016 at AED 1,028 per sqft, 10% 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. 722's AED 27,830 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

722, Binghati Apartments in numbers

  • Sold once: by Binghatti on 24 February 2016 for AED 530,036, or AED 1,028 per sqft.
  • Rented since August 2016 on 6 Ejari contracts. The rent fell from AED 48,000 to AED 22,000 in 2021 and recovered to AED 27,830 by December 2023.
  • At AED 27,830 a year the gross yield on the 2016 price is 5.3%, 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 1 December 2023.

Questions about 722, Binghati Apartments

What did unit 722 last sell for?

AED 530,036 on 24 February 2016, sold by the developer: AED 1,028 per sqft for 515 sqft. It is the only registered sale of the unit.

What is the rent for unit 722?

AED 27,830 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 25,300; the unit has been rented since August 2016.

How big is unit 722?

515 sqft (47.8 sqm): a studio on the 7th floor of a 9-storey tower completed in 2015.

What is unit 722 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 722, Binghati Apartments

Starts from the last sale price (AED 530K, 24 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 530,036
Deposit, UAE resident (20%)
AED 106,007
Deposit, non-resident (40%)
AED 212,014
Monthly over 25 years at 3.7%
AED 2,169

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