2-bed · 1,525 sqftBinghati Apartments, Dubai Silicon Oasis · 8th floor · completed 2015

809, 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 809 · DLD and Ejari recordsUpdated 10 February 2024
Last soldAED 1.06M24 February 2016
Current rentAED 100K /yr10 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 809, Binghati Apartments

What is 809 worth today?

Last sold for AED 1,060,786 in 2016

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10 Feb 2024RentedNew contract
AED 100,000/yr12 months · AED 65 per sqft
27 Dec 2021RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
26 Dec 2020RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
10 Dec 2019RentedNew contract
AED 65,000/yr12 months · AED 43 per sqft
1 Jul 2016RentedNew contract
AED 105,000/yr12 months · AED 69 per sqft
24 Feb 2016Sold by developerOff-plan
AED 1,060,786AED 695 per sqft

Source: Dubai Land Department. Updated 10 February 2024.

Key facts

Type
2-bed apartment
Size
1,525 sqft
Floor
8th of 9
Parking
G-14 , G-15
Developer
Binghatti
Completed
2015
Service charge
AED 15,700 /yr
Last sold
AED 1.06M · February 2016

About 809, Binghati Apartments

809 is a two-bedroom apartment of 1,525 sqft on the 8th 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 1,060,786, or AED 695 per sqft, 5% above the AED 665 two-beds in the building were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, signed on 10 February 2024, is AED 100,000 a year: a gross yield of 9.4% on the 2016 price, before the service charge of about AED 15,700 a year.

Sales and rents for 809 over time

Sales
Unit 809, each saleTypical two-bed in Binghati Apartments
500K1M2016201920222025Typical sale price by year: 2016 AED 950,000; 2019 AED 550,000; 2021 AED 650,000; 2023 AED 631,230; 2024 AED 895,000; 2025 AED 1,090,000; 2026 AED 1,135,000Sold by developer, February 2016: AED 1,060,786 (AED 695 per sqft)

809 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 809, each contractTypical two-bed in Binghati Apartments
50K75K100K2016201920222025Typical rent by year: 2016 AED 90,000; 2017 AED 85,000; 2018 AED 75,000; 2019 AED 64,000; 2020 AED 55,000; 2021 AED 50,000; 2022 AED 55,000; 2023 AED 67,000; 2024 AED 80,000; 2025 AED 82,000; 2026 AED 85,000New contract, July 2016: AED 105,000 a yearNew contract, December 2019: AED 65,000 a yearNew contract, December 2020: AED 60,000 a yearNew contract, December 2021: AED 60,000 a yearNew contract, February 2024: AED 100,000 a year

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

2-beds in Binghati Apartments, and where 809 sits

All 41 2-beds →

809 last sold in February 2016 at AED 695 per sqft, 5% above what two-beds in Binghati Apartments were fetching at the time (AED 665). Over the last 12 months two-beds sold for AED 1,000,000 to 1,635,220, around AED 841 per sqft, and rent for AED 65,000 to 114,000 a year. 809's AED 100,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
28 Oct 20261,635,220
17 Aug 20261,020,000
7 May 20261,250,000
3 Feb 20261,000,000
4 2-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 8th floor

All 222 units in Binghati Apartments
Value
8013-bedAED 830K · Sep 2022
8023-bedAED 730K · Dec 2022
803StudioAED 420K · Feb 2025
804StudioAED 410K · Jan 2025
8052-bedAED 800K · Oct 2023
8062-bedAED 823K · Oct 2024
8073-bedAED 1.05M · Apr 2024
1–7 of 23

809, Binghati Apartments in numbers

  • Sold once: by Binghatti on 24 February 2016 for AED 1,060,786, or AED 695 per sqft.
  • Rented since July 2016 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 60,000 in 2021 and recovered to AED 100,000 by February 2024.
  • At AED 100,000 a year the gross yield on the 2016 price is 9.4%, before a service charge of about AED 15,700 a year (AED 10.32 per sqft).
  • Two-beds in Binghati Apartments sold for AED 1,000,000–1,635,220 in the 12 months to November 2026; the building's median across all types is AED 864 per sqft.

Source: Dubai Land Department. Updated 10 February 2024.

Questions about 809, Binghati Apartments

What did unit 809 last sell for?

AED 1,060,786 on 24 February 2016, sold by the developer: AED 695 per sqft for 1,525 sqft. It is the only registered sale of the unit.

What is the rent for unit 809?

AED 100,000 a year on the contract signed on 10 February 2024. The previous contract, from December 2021, was AED 60,000; the unit has been rented since July 2016.

How big is unit 809?

1,525 sqft (141.7 sqm): a two-bedroom apartment on the 8th floor of a 9-storey tower completed in 2015.

What is unit 809 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghati Apartments sold for AED 1,000,000 to 1,635,220 in the last 12 months, around AED 841 per sqft.

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Mortgage on 809, Binghati Apartments

Starts from the last sale price (AED 1.06M, 24 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,060,786
Deposit, UAE resident (20%)
AED 212,157
Deposit, non-resident (40%)
AED 424,314
Monthly over 25 years at 3.7%
AED 4,340

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