501, Binghatti Point
Sold prices and rental history: sold twice, last in August 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Binghatti Point
What is 501 worth today?
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Source: Dubai Land Department. Updated 25 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 896 sqft
- Floor
- 5th of 10
- Parking
- B-7
- Developer
- Binghatti
- Completed
- 2022
- Service charge
- AED 11,800 /yr
- Last sold
- AED 700K · August 2023
- Building
- Binghatti Point
About 501, Binghatti Point
501 is a two-bedroom apartment of 896 sqft on the 5th floor of Binghatti Point, a 10-storey tower in Dubai Silicon Oasis completed in 2022 by Binghatti. It last sold on 28 August 2023 for AED 700,000, or AED 781 per sqft, 17% above the AED 669 two-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 March 2024, is AED 59,400 a year: a gross yield of 8.5% on the 2023 price, before the service charge of about AED 11,800 a year.
Sales and rents for 501 over time
501 has sold twice; 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 Binghatti Point, and where 501 sits
All 41 2-beds →501 last sold in August 2023 at AED 781 per sqft, 17% above what two-beds in Binghatti Point were fetching at the time (AED 669). 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. 501's AED 59,400 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20263 November 2026 | 896 sqft | 900,000 | 1,004 | ||
| 21 Nov 202521 November 2025 | 1,487 sqft | 1,100,000 | 739 | ||
| 19 Nov 202519 November 2025 | 896 sqft | 930,000 | 1,037 | ||
| 7 Oct 20257 October 2025 | 896 sqft | 890,000 | 993 |
Binghatti Point
Building121 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%
Other units on the 5th floor
All 121 units in Binghatti Point| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 1-bed | 893 sqft | AED 480KAED 480,000 · Jul 2022July 2022 | 38,000 /yr | |
| 503 | 1-bed | 609 sqft | AED 495KAED 495,000 · Oct 2022October 2022 | 44,100 /yr | |
| 504 | 1-bed | 621 sqft | AED 527KAED 526,808 · Nov 2021November 2021 | 54,000 /yr | |
| 505 | 2-bed | 1,320 sqft | AED 600KAED 600,000 · Feb 2022February 2022 | 70,000 /yr | |
| 506 | 1-bed | 823 sqft | AED 670KAED 670,000 · Nov 2024November 2024 | 60,000 /yr | |
| 507 | 1-bed | 821 sqft | AED 470KAED 470,000 · Nov 2021November 2021 | 58,000 /yr | |
| 508 | 2-bed | 1,262 sqft | AED 650KAED 650,000 · Jun 2022June 2022 | 67,385 /yr | |
| 509 | 1-bed | 687 sqft | AED 615KAED 615,000 · Nov 2024November 2024 | 58,000 /yr | |
| 510 | 1-bed | 676 sqft | AED 450KAED 450,000 · Nov 2021November 2021 | 58,000 /yr | |
| 511 | 1-bed | 824 sqft | AED 450KAED 450,000 · Jan 2022January 2022 | 65,000 /yr | |
| 512 | 2-bed | 896 sqft | AED 690KAED 690,000 · Jun 2023June 2023 | 74,000 /yr |
501, Binghatti Point in numbers
- Sold twice: first on 12 December 2021 for AED 690,000, last on 28 August 2023 for AED 700,000 (AED 781 per sqft).
- Rented since May 2022 on 3 Ejari contracts, from AED 51,000 to AED 59,400 a year.
- At AED 59,400 a year the gross yield on the 2023 price is 8.5%, before a service charge of about AED 11,800 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 25 March 2024.
Questions about 501, Binghatti Point
What did unit 501 last sell for?
AED 700,000 on 28 August 2023: AED 781 per sqft for 896 sqft. The unit has 2 registered sales; the first was AED 690,000 in December 2021.
What is the rent for unit 501?
AED 59,400 a year on the contract renewed on 25 March 2024. The previous contract, from March 2023, was AED 54,000; the unit has been rented since May 2022.
How big is unit 501?
896 sqft (83.2 sqm): a two-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.
What is unit 501 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 501, Binghatti Point
Starts from the last sale price (AED 700K, 28 August 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 700,000
- Deposit, UAE resident (20%)
- AED 140,000
- Deposit, non-resident (40%)
- AED 280,000
- Monthly over 25 years at 3.7%
- AED 2,864
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →