511, Binghatti Point
Sold prices and rental history: sold once, by the developer in January 2022, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 511, Binghatti Point
What is 511 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 824 sqft
- Floor
- 5th of 10
- Parking
- P3-107
- Developer
- Binghatti
- Completed
- 2022
- Service charge
- AED 10,800 /yr
- Last sold
- AED 450K · January 2022
- Building
- Binghatti Point
About 511, Binghatti Point
511 is a one-bedroom apartment of 824 sqft on the 5th floor of Binghatti Point, a 10-storey tower in Dubai Silicon Oasis completed in 2022 by Binghatti. The developer sold it on 28 January 2022 for AED 450,000, or AED 546 per sqft, 9% below the AED 600 one-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 1 September 2024, is AED 65,000 a year: a gross yield of 14.4% on the 2022 price, before the service charge of about AED 10,800 a year.
Sales and rents for 511 over time
511 has sold once; the dashed line is the one-bed median of each year in the building.
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 511 sits
All 80 1-beds →511 last sold in January 2022 at AED 546 per sqft, 9% below what one-beds in Binghatti Point were fetching at the time (AED 600). 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. 511's AED 65,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 821 sqft | 745,000 | 907 | ||
| 26 Aug 202626 August 2026 | 621 sqft | 685,000 | 1,103 | ||
| 11 Mar 202611 March 2026 | 687 sqft | 765,000 | 1,113 | ||
| 18 Feb 202618 February 2026 | 821 sqft | 710,000 | 864 |
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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 896 sqft | AED 700KAED 700,000 · Aug 2023August 2023 | 59,400 /yr | |
| 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 | |
| 512 | 2-bed | 896 sqft | AED 690KAED 690,000 · Jun 2023June 2023 | 74,000 /yr |
511, Binghatti Point in numbers
- Sold once: by Binghatti on 28 January 2022 for AED 450,000, or AED 546 per sqft.
- Rented since July 2022 on 3 Ejari contracts, from AED 45,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2022 price is 14.4%, 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 September 2024.
Questions about 511, Binghatti Point
What did unit 511 last sell for?
AED 450,000 on 28 January 2022, sold by the developer: AED 546 per sqft for 824 sqft. It is the only registered sale of the unit.
What is the rent for unit 511?
AED 65,000 a year on the contract signed on 1 September 2024. The previous contract, from August 2023, was AED 53,000; the unit has been rented since July 2022.
How big is unit 511?
824 sqft (76.6 sqm): a one-bedroom apartment on the 5th floor of a 10-storey tower completed in 2022.
What is unit 511 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 511, Binghatti Point
Starts from the last sale price (AED 450K, 28 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 450,000
- Deposit, UAE resident (20%)
- AED 90,000
- Deposit, non-resident (40%)
- AED 180,000
- Monthly over 25 years at 3.7%
- AED 1,841
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →