1-bed · 823 sqftBinghatti Point, Dubai Silicon Oasis · 3rd floor · completed 2022

306, Binghatti Point

Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 306 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 445K11 October 2021
Current rentAED 40K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Binghatti Point

What is 306 worth today?

Last sold for AED 445,000 in 2021

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1 Jul 2024RentedRenewal
AED 40,000/yr12 months · AED 49 per sqft
1 Jul 2023RentedRenewal
AED 38,000/yr12 months · AED 46 per sqft
1 Jul 2022RentedNew contract
AED 34,000/yr12 months · AED 42 per sqft
11 Oct 2021Sold by developerOff-plan
AED 445,000AED 540 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
1-bed apartment
Size
823 sqft
Floor
3rd of 10
Parking
P3-89
Developer
Binghatti
Completed
2022
Service charge
AED 10,800 /yr
Last sold
AED 445K · October 2021

About 306, Binghatti Point

306 is a one-bedroom apartment of 823 sqft on the 3rd floor of Binghatti Point, a 10-storey tower in Dubai Silicon Oasis completed in 2022 by Binghatti. The developer sold it on 11 October 2021 for AED 445,000, or AED 540 per sqft, 4% below the AED 560 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 40,000 a year: a gross yield of 9.0% on the 2021 price, before the service charge of about AED 10,800 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical one-bed in Binghatti Point
400K600K2021202320252027Typical sale price by year: 2021 AED 470,000; 2022 AED 450,000; 2023 AED 515,000; 2024 AED 590,000; 2025 AED 690,000; 2026 AED 745,000Sold by developer, October 2021: AED 445,000 (AED 540 per sqft)

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

Rents
Unit 306, each contractTypical one-bed in Binghatti Point
40K50K202220242026Typical rent by year: 2022 AED 36,000; 2023 AED 40,000; 2024 AED 48,000; 2025 AED 52,070; 2026 AED 52,500New contract, July 2022: AED 34,000 a yearRenewal, July 2023: AED 38,000 a yearRenewal, July 2024: AED 40,000 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 Binghatti Point, and where 306 sits

All 80 1-beds →

306 last sold in October 2021 at AED 540 per sqft, 4% below what one-beds in Binghatti Point were fetching at the time (AED 560). Over the last 12 months one-beds sold for AED 685,000 to 765,000, around AED 1,103 per sqft, and rent for AED 33,000 to 67,456 a year. 306's AED 40,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Oct 2026745,000
26 Aug 2026685,000
11 Mar 2026765,000
18 Feb 2026710,000
5 1-bed sales in the last 12 months

Binghatti Point

Building

121 apartments, 1-bed to 2-bed over 10 floors in Dubai Silicon Oasis, completed in 2022 by Binghatti. 8 sold in the last 12 months.

Typical price per sqft
AED 1,021
Typical sale
AED 765K
Typical rent
AED 55K /yr
Typical yield
6.7%
Binghatti Point, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 3rd floor

All 121 units in Binghatti Point
Value
3012-bedAED 570K · Oct 2021
3021-bedAED 410K · Dec 2021
3031-bedAED 535K · May 2023
3041-bedAED 450K · Sep 2023
3052-bedAED 675K · Oct 2021
3071-bedAED 690K · May 2025
3082-bedAED 650K · Oct 2021
1–7 of 11

306, Binghatti Point in numbers

  • Sold once: by Binghatti on 11 October 2021 for AED 445,000, or AED 540 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 34,000 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 9.0%, before a service charge of about AED 10,800 a year (AED 13.12 per sqft).
  • One-beds in Binghatti Point sold for AED 685,000–765,000 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 1 July 2024.

Questions about 306, Binghatti Point

What did unit 306 last sell for?

AED 445,000 on 11 October 2021, sold by the developer: AED 540 per sqft for 823 sqft. It is the only registered sale of the unit.

What is the rent for unit 306?

AED 40,000 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 38,000; the unit has been rented since July 2022.

How big is unit 306?

823 sqft (76.5 sqm): a one-bedroom apartment on the 3rd floor of a 10-storey tower completed in 2022.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Point sold for AED 685,000 to 765,000 in the last 12 months, around AED 1,103 per sqft.

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Mortgage on 306, Binghatti Point

Starts from the last sale price (AED 445K, 11 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 445,000
Deposit, UAE resident (20%)
AED 89,000
Deposit, non-resident (40%)
AED 178,000
Monthly over 25 years at 3.7%
AED 1,821

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