2-bed · 1,321 sqftBinghatti Point, Dubai Silicon Oasis · 4th floor · completed 2022

405, Binghatti Point

Sold prices and rental history: sold twice, last in April 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 29 April 2024
Last soldAED 840K29 April 2024
Current rentAED 55K /yr8 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Binghatti Point

What is 405 worth today?

Last sold for AED 840,000 in 2024

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29 Apr 2024SoldReady
AED 840,000AED 635 per sqft
8 Aug 2023RentedRenewal
AED 55,000/yr12 months · AED 42 per sqft
8 Aug 2022RentedNew contract
AED 50,000/yr12 months · AED 38 per sqft
3 Feb 2022Sold by developerOff-plan
AED 725,000AED 548 per sqft

Source: Dubai Land Department. Updated 29 April 2024.

Key facts

Type
2-bed apartment
Size
1,321 sqft
Floor
4th of 10
Parking
B-4
Developer
Binghatti
Completed
2022
Service charge
AED 17,300 /yr
Last sold
AED 840K · April 2024

About 405, Binghatti Point

405 is a two-bedroom apartment of 1,321 sqft on the 4th floor of Binghatti Point, a 10-storey tower in Dubai Silicon Oasis completed in 2022 by Binghatti. It last sold on 29 April 2024 for AED 840,000, or AED 635 per sqft, in line with the AED 651 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 8 August 2023, is AED 55,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 17,300 a year.

Sales and rents for 405 over time

Sales
Unit 405, each saleTypical two-bed in Binghatti Point
600K800K202120232025Typical sale price by year: 2021 AED 667,500; 2022 AED 627,700; 2023 AED 750,000; 2024 AED 850,000; 2025 AED 900,000Sold by developer, February 2022: AED 725,000 (AED 548 per sqft)Sold, April 2024: AED 840,000 (AED 635 per sqft)

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

Rents
Unit 405, each contractTypical two-bed in Binghatti Point
50K60K70K202220242026Typical rent by year: 2022 AED 50,000; 2023 AED 58,000; 2024 AED 62,417; 2025 AED 68,500; 2026 AED 72,000New contract, August 2022: AED 50,000 a yearRenewal, August 2023: AED 55,000 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 Binghatti Point, and where 405 sits

All 41 2-beds →

405 last sold in April 2024 at AED 635 per sqft, in line with what two-beds in Binghatti Point were fetching at the time (AED 651). Over the last 12 months two-beds sold for AED 900,000 to 1,100,000, around AED 1,004 per sqft, and rent for AED 43,000 to 110,000 a year. 405's AED 55,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
3 Nov 2026900,000
21 Nov 20251,100,000
19 Nov 2025930,000
7 Oct 2025890,000
3 2-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 4th floor

All 121 units in Binghatti Point
Value
4012-bedAED 710K · Apr 2023
4021-bedAED 410K · Feb 2022
4031-bedAED 435K · Jan 2022
4041-bedAED 450K · Sep 2021
4061-bedAED 450K · Sep 2021
4071-bedAED 745K · Oct 2026
4082-bedAED 900K · Aug 2025
1–7 of 11

405, Binghatti Point in numbers

  • Sold twice: first on 3 February 2022 for AED 725,000, last on 29 April 2024 for AED 840,000 (AED 635 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 17,300 a year (AED 13.12 per sqft).
  • Two-beds in Binghatti Point sold for AED 900,000–1,100,000 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 29 April 2024.

Questions about 405, Binghatti Point

What did unit 405 last sell for?

AED 840,000 on 29 April 2024: AED 635 per sqft for 1,321 sqft. The unit has 2 registered sales; the first was AED 725,000 in February 2022.

What is the rent for unit 405?

AED 55,000 a year on the contract renewed on 8 August 2023. The previous contract, from August 2022, was AED 50,000.

How big is unit 405?

1,321 sqft (122.7 sqm): a two-bedroom apartment on the 4th floor of a 10-storey tower completed in 2022.

What is unit 405 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Point sold for AED 900,000 to 1,100,000 in the last 12 months, around AED 1,004 per sqft.

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Mortgage on 405, Binghatti Point

Starts from the last sale price (AED 840K, 29 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 840,000
Deposit, UAE resident (20%)
AED 168,000
Deposit, non-resident (40%)
AED 336,000
Monthly over 25 years at 3.7%
AED 3,437

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