1-bed · 584 sqftBinghati Apartments, Dubai Silicon Oasis · Ground floor · completed 2015

M 04, Binghati Apartments

Sold prices and rental history: sold once, by the developer in February 2016, and rented once, from April 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit M 04 · DLD and Ejari recordsUpdated 1 April 2019
Last soldAED 584K24 February 2016
Current rentAED 45K /yr1 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for M 04, Binghati Apartments

What is M 04 worth today?

Last sold for AED 584,250 in 2016

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1 Apr 2019RentedNew contract
AED 45,000/yr12 months · AED 77 per sqft
24 Feb 2016Sold by developerOff-plan
AED 584,250AED 1,000 per sqft

Source: Dubai Land Department. Updated 1 April 2019.

Key facts

Type
1-bed apartment
Size
584 sqft
Floor
Ground of 9
Parking
M-139
Developer
Binghatti
Completed
2015
Service charge
AED 6,000 /yr
Last sold
AED 584K · February 2016

About M 04, Binghati Apartments

M 04 is a one-bedroom apartment of 584 sqft on the ground 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 584,250, or AED 1,000 per sqft, 28% above the AED 780 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 April 2019. The current contract, signed on 1 April 2019, is AED 45,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 6,000 a year.

Sales and rents for M 04 over time

Sales
Unit M 04, each saleTypical one-bed in Binghati Apartments
400K600K2016201920222025Typical sale price by year: 2016 AED 614,646; 2017 AED 620,000; 2021 AED 440,000; 2023 AED 454,749; 2024 AED 555,000; 2025 AED 622,500; 2026 AED 698,000Sold by developer, February 2016: AED 584,250 (AED 1,000 per sqft)

M 04 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit M 04, each contractTypical one-bed in Binghati Apartments
40K60K2016201920222025Typical rent by year: 2016 AED 63,000; 2017 AED 57,000; 2018 AED 53,000; 2019 AED 43,000; 2020 AED 35,000; 2021 AED 30,000; 2022 AED 35,000; 2023 AED 43,160; 2024 AED 46,200; 2025 AED 56,000; 2026 AED 59,500New contract, April 2019: AED 45,000 a year

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

1-beds in Binghati Apartments, and where M 04 sits

All 91 1-beds →

M 04 last sold in February 2016 at AED 1,000 per sqft, 28% above what one-beds in Binghati Apartments were fetching at the time (AED 780). Over the last 12 months one-beds sold for AED 640,000 to 730,000, around AED 861 per sqft, and rent for AED 42,745 to 85,000 a year. M 04's AED 45,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
15 Oct 2026700,000
13 Oct 2026710,000
12 Oct 2026655,000
8 Sep 2026700,000
11 1-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 ground floor

All 222 units in Binghati Apartments
Value
G-013-bedAED 1.5M · Dec 2024
G-023-bedAED 1M · Apr 2019
G-033-bedAED 1.5M · Jan 2025
G-042-bedAED 1.64M · Oct 2026
G-052-bedAED 1.5M · Mar 2018
G-063-bedAED 1.23M · Feb 2016
G-072-bedAED 1M · Oct 2025
1–7 of 12

M 04, Binghati Apartments in numbers

  • Sold once: by Binghatti on 24 February 2016 for AED 584,250, or AED 1,000 per sqft.
  • Rented since April 2019 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 6,000 a year (AED 10.32 per sqft).
  • One-beds in Binghati Apartments sold for AED 640,000–730,000 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 April 2019.

Questions about M 04, Binghati Apartments

What did unit M 04 last sell for?

AED 584,250 on 24 February 2016, sold by the developer: AED 1,000 per sqft for 584 sqft. It is the only registered sale of the unit.

What is the rent for unit M 04?

AED 45,000 a year on the contract signed on 1 April 2019.

How big is unit M 04?

584 sqft (54.3 sqm): a one-bedroom apartment on the ground floor of a 9-storey tower completed in 2015.

What is unit M 04 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghati Apartments sold for AED 640,000 to 730,000 in the last 12 months, around AED 861 per sqft.

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Mortgage on M 04, Binghati Apartments

Starts from the last sale price (AED 584K, 24 February 2016). Switch to today's estimate once you have unlocked it.
Price
AED 584,250
Deposit, UAE resident (20%)
AED 116,850
Deposit, non-resident (40%)
AED 233,700
Monthly over 25 years at 3.7%
AED 2,390

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