Studio · 516 sqftBinghatti Crystals, Dubai Silicon Oasis · 5th floor · completed 2019

523, Binghatti Crystals

Sold prices and rental history: sold once, by the developer in August 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 523 · DLD and Ejari recordsUpdated 8 August 2024
Last soldAED 475K8 August 2024
Current rentAED 28K /yr7 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 523, Binghatti Crystals

What is 523 worth today?

Last sold for AED 475,000 in 2024

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8 Aug 2024Sold by developerReady
AED 475,000AED 921 per sqft
7 Nov 2022RentedRenewal
AED 27,750/yr12 months · AED 54 per sqft
7 Nov 2021RentedNew contract
AED 21,500/yr12 months · AED 42 per sqft
28 Oct 2020RentedNew contract
AED 25,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 8 August 2024.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
5th of 8
Parking
P1-06
Developer
Binghatti
Completed
2019
Last sold
AED 475K · August 2024

About 523, Binghatti Crystals

523 is a studio of 516 sqft on the 5th floor of Binghatti Crystals, a 8-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. The developer sold it on 8 August 2024 for AED 475,000, or AED 921 per sqft, in line with the AED 902 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 7 November 2022, is AED 27,750 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for 523 over time

Sales
Unit 523, each saleTypical studio in Binghatti Crystals
400K500K2024202520262027Typical sale price by year: 2024 AED 407,019; 2025 AED 517,500; 2026 AED 547,500Sold by developer, August 2024: AED 475,000 (AED 921 per sqft)

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

Rents
Unit 523, each contractTypical studio in Binghatti Crystals
20K40K2020202220242026Typical rent by year: 2020 AED 26,000; 2021 AED 25,000; 2022 AED 27,000; 2023 AED 30,000; 2024 AED 33,000; 2025 AED 49,000; 2026 AED 49,000New contract, October 2020: AED 25,000 a yearNew contract, November 2021: AED 21,500 a yearRenewal, November 2022: AED 27,750 a year

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

Studios in Binghatti Crystals, and where 523 sits

All 159 studios →

523 last sold in August 2024 at AED 921 per sqft, in line with what studios in Binghatti Crystals were fetching at the time (AED 902). Over the last 12 months studios sold for AED 475,000 to 580,000, around AED 1,103 per sqft, and rent for AED 32,000 to 60,000 a year. 523's AED 27,750 is at the bottom of that range.

Recent studio salesUnit no.Price (AED)Summary
26 Oct 2026580,000
1 Oct 2026545,000
1 Oct 2026540,000
2 Sep 2026500,000
17 studio sales in the last 12 months

Binghatti Crystals

Building

215 apartments, studios to 2-bed over 8 floors in Dubai Silicon Oasis, completed in 2019 by Binghatti. 30 sold in the last 12 months.

Typical price per sqft
AED 1,021 Down 6.4%
Typical sale
AED 570K
Typical rent
AED 50K /yr
Typical yield
10.3%
Binghatti Crystals, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 5th floor

All 215 units in Binghatti Crystals
Value
5012-bedAED 1.23M · Aug 2024
5022-bedAED 1.28M · Mar 2026
5032-bedAED 1.22M · Jul 2025
504StudioAED 406K · Aug 2024
505StudioAED 406K · Jul 2024
506StudioAED 391K · Jul 2024
507StudioAED 394K · Jun 2024
1–7 of 26

523, Binghatti Crystals in numbers

  • Sold once: by Binghatti on 8 August 2024 for AED 475,000, or AED 921 per sqft.
  • Rented since October 2020 on 3 Ejari contracts. The rent fell from AED 25,000 to AED 21,500 in 2021 and recovered to AED 27,750 by November 2022.
  • At AED 27,750 a year the gross yield on the 2024 price is 5.8%.
  • Studios in Binghatti Crystals sold for AED 475,000–580,000 in the 12 months to November 2026; the building's median across all types is AED 1,021 per sqft.

Source: Dubai Land Department. Updated 8 August 2024.

Questions about 523, Binghatti Crystals

What did unit 523 last sell for?

AED 475,000 on 8 August 2024, sold by the developer: AED 921 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 523?

AED 27,750 a year on the contract renewed on 7 November 2022. The previous contract, from November 2021, was AED 21,500; the unit has been rented since October 2020.

How big is unit 523?

516 sqft (47.9 sqm): a studio on the 5th floor of a 8-storey tower completed in 2019.

What is unit 523 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Crystals sold for AED 475,000 to 580,000 in the last 12 months, around AED 1,103 per sqft.

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Mortgage on 523, Binghatti Crystals

Starts from the last sale price (AED 475K, 8 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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