M 03, Binghati Apartments
Sold prices and rental history: sold 4 times, last in August 2021, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M 03, Binghati Apartments
What is M 03 worth today?
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Source: Dubai Land Department. Updated 1 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,104 sqft
- Floor
- Ground of 9
- Parking
- M-140
- Developer
- Binghatti
- Completed
- 2015
- Service charge
- AED 11,400 /yr
- Last sold
- AED 500K · August 2021
- Building
- Binghati Apartments
About M 03, Binghati Apartments
M 03 is a two-bedroom apartment of 1,104 sqft on the ground floor of Binghati Apartments, a 9-storey tower in Dubai Silicon Oasis completed in 2015 by Binghatti. It last sold on 10 August 2021 for AED 500,000, or AED 453 per sqft, 8% below the AED 490 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 1 October 2024, is AED 75,000 a year: a gross yield of 15.0% on the 2021 price, before the service charge of about AED 11,400 a year.
Sales and rents for M 03 over time
M 03 has sold 4 times; the dashed line is the two-bed median of each year in the building.
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 M 03 sits
All 41 2-beds →M 03 last sold in August 2021 at AED 453 per sqft, 8% below what two-beds in Binghati Apartments were fetching at the time (AED 490). 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. M 03's AED 75,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Oct 202628 October 2026 | 1,412 sqft | 1,635,220 | 1,158 | ||
| 17 Aug 202617 August 2026 | 1,335 sqft | 1,020,000 | 764 | ||
| 7 May 20267 May 2026 | 1,481 sqft | 1,250,000 | 844 | ||
| 3 Feb 20263 February 2026 | 1,194 sqft | 1,000,000 | 837 |
Binghati Apartments
Building222 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%
Other units on the ground floor
All 222 units in Binghati Apartments| ValueToday's value | |||||
|---|---|---|---|---|---|
| G-01 | 3-bed | 2,254 sqft | AED 1.5MAED 1,500,000 · Dec 2024December 2024 | 145,000 /yr | |
| G-02 | 3-bed | 2,253 sqft | AED 1MAED 1,000,000 · Apr 2019April 2019 | 75,000 /yr | |
| G-03 | 3-bed | 2,168 sqft | AED 1.5MAED 1,500,000 · Jan 2025January 2025 | 120,000 /yr | |
| G-04 | 2-bed | 1,412 sqft | AED 1.64MAED 1,635,220 · Oct 2026October 2026 | ||
| G-05 | 2-bed | 1,810 sqft | AED 1.5MAED 1,500,000 · Mar 2018March 2018 | 68,250 /yr | |
| G-06 | 3-bed | 2,107 sqft | AED 1.23MAED 1,230,628 · Feb 2016February 2016 | 140,000 /yr | |
| G-07 | 2-bed | 1,436 sqft | AED 1MAED 1,000,000 · Oct 2025October 2025 | 88,000 /yr | |
| G-08 | 2-bed | 1,464 sqft | AED 950KAED 950,000 · Feb 2016February 2016 | 75,000 /yr | |
| G-09 | 2-bed | 1,256 sqft | AED 600KAED 600,000 · Oct 2019October 2019 | 64,350 /yr | |
| M 01 | 2-bed | 1,372 sqft | AED 1.07MAED 1,068,737 · Feb 2016February 2016 | 85,000 /yr | |
| M 02 | 2-bed | 1,391 sqft | AED 1.08MAED 1,078,768 · Feb 2016February 2016 | 83,850 /yr | |
| M 04 | 1-bed | 584 sqft | AED 584KAED 584,250 · Feb 2016February 2016 | 45,000 /yr |
M 03, Binghati Apartments in numbers
- Sold 4 times: first on 5 September 2018 for AED 650,000, last on 10 August 2021 for AED 500,000 (AED 453 per sqft).
- Rented since February 2019 on 5 Ejari contracts. The rent fell from AED 58,000 to AED 45,000 in 2021 and recovered to AED 75,000 by October 2024.
- At AED 75,000 a year the gross yield on the 2021 price is 15.0%, before a service charge of about AED 11,400 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 1 October 2024.
Questions about M 03, Binghati Apartments
What did unit M 03 last sell for?
AED 500,000 on 10 August 2021: AED 453 per sqft for 1,104 sqft. The unit has 4 registered sales; the first was AED 650,000 in September 2018.
What is the rent for unit M 03?
AED 75,000 a year on the contract signed on 1 October 2024. The previous contract, from August 2023, was AED 60,000; the unit has been rented since February 2019.
How big is unit M 03?
1,104 sqft (102.6 sqm): a two-bedroom apartment on the ground floor of a 9-storey tower completed in 2015.
What is unit M 03 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 M 03, Binghati Apartments
Starts from the last sale price (AED 500K, 10 August 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 500,000
- Deposit, UAE resident (20%)
- AED 100,000
- Deposit, non-resident (40%)
- AED 200,000
- Monthly over 25 years at 3.7%
- AED 2,046
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →