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Studio · 447 sqftBinghati Apartments, Dubai Silicon Oasis · 7th floor · completed 2015

723, Binghati Apartments

Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 723 · DLD and Ejari recordsUpdated 15 December 2025
Last soldAED 370K1 May 2019
Current rentAED 53K /yr15 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 723, Binghati Apartments

What is 723 worth today?

Last sold for AED 370,000 in 2019

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15 Dec 2025RentedNew contract
AED 53,000/yr12 months · AED 119 per sqft
8 Nov 2024RentedNew contract
AED 45,000/yr12 months · AED 101 per sqft
1 Nov 2023RentedRenewal
AED 32,250/yr12 months · AED 71 per sqft
1 Nov 2022RentedNew contract
AED 32,250/yr12 months · AED 71 per sqft
1 Nov 2021RentedRenewal
AED 31,000/yr12 months · AED 69 per sqft
1 Nov 2020RentedRenewal
AED 32,000/yr12 months · AED 71 per sqft
1 Nov 2019RentedNew contract
AED 36,000/yr12 months · AED 80 per sqft
1 May 2019SoldReady
AED 370,000AED 828 per sqft

Source: Dubai Land Department. Updated 15 December 2025.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
7th of 9
Parking
M-173
Developer
Binghatti
Completed
2015
Service charge
AED 4,600 /yr
Last sold
AED 370K · May 2019
Building
Binghati Apartments

About 723, Binghati Apartments

723 is a studio of 447 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 1 May 2019 for AED 370,000, or AED 828 per sqft, in line with the AED 844 studios in the building were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 15 December 2025, is AED 53,000 a year: a gross yield of 14.3% on the 2019 price, before the service charge of about AED 4,600 a year.

Sales and rents for 723 over time

Sales
Unit 723, each saleTypical studio in Binghati Apartments
300K400K500K2016201920222025Typical 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 487,341 (AED 1,090 per sqft)Sold, May 2019: AED 370,000 (AED 828 per sqft)

723 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 723, 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 2017: AED 45,000 a yearNew contract, September 2018: AED 38,000 a yearNew contract, November 2019: AED 36,000 a yearRenewal, November 2020: AED 32,000 a yearRenewal, November 2021: AED 31,000 a yearNew contract, November 2022: AED 32,250 a yearRenewal, November 2023: AED 32,250 a yearNew contract, November 2024: AED 45,000 a yearNew contract, December 2025: AED 53,000 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 723 sits

All 75 studios →

723 last sold in May 2019 at AED 828 per sqft, in line with what studios in Binghati Apartments were fetching at the time (AED 844). 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. 723's AED 53,000 is at the top 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

723, Binghati Apartments in numbers

  • Sold twice: first on 24 February 2016 for AED 487,341, last on 1 May 2019 for AED 370,000 (AED 828 per sqft).
  • Rented since August 2017 on 9 Ejari contracts. The rent fell from AED 45,000 to AED 31,000 in 2021 and recovered to AED 53,000 by December 2025.
  • At AED 53,000 a year the gross yield on the 2019 price is 14.3%, before a service charge of about AED 4,600 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 15 December 2025.

Questions about 723, Binghati Apartments

What did unit 723 last sell for?

AED 370,000 on 1 May 2019: AED 828 per sqft for 447 sqft. The unit has 2 registered sales; the first was AED 487,341 in February 2016.

What is the rent for unit 723?

AED 53,000 a year on the contract signed on 15 December 2025. The previous contract, from November 2024, was AED 45,000; the unit has been rented since August 2017.

How big is unit 723?

447 sqft (41.5 sqm): a studio on the 7th floor of a 9-storey tower completed in 2015.

What is unit 723 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 723, Binghati Apartments

Starts from the last sale price (AED 370K, 1 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 370,000
Deposit, UAE resident (20%)
AED 74,000
Deposit, non-resident (40%)
AED 148,000
Monthly over 25 years at 3.7%
AED 1,514

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