1-bed · 621 sqftBinghatti Point, Dubai Silicon Oasis · 7th floor · completed 2022

704, Binghatti Point

Sold prices and rental history: sold once, by the developer in December 2021, and rented once, from January 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 2 January 2024
Last soldAED 539K13 December 2021
Current rentAED 70K /yr2 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Binghatti Point

What is 704 worth today?

Last sold for AED 538,808 in 2021

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2 Jan 2024RentedNew contract
AED 70,000/yr12 months · AED 112 per sqft
13 Dec 2021Sold by developerOff-plan
AED 538,808AED 868 per sqft

Source: Dubai Land Department. Updated 2 January 2024.

Key facts

Type
1-bed apartment
Size
621 sqft
Floor
7th of 10
Parking
P2-68
Developer
Binghatti
Completed
2022
Service charge
AED 8,100 /yr
Last sold
AED 539K · December 2021

About 704, Binghatti Point

704 is a one-bedroom apartment of 621 sqft on the 7th floor of Binghatti Point, a 10-storey tower in Dubai Silicon Oasis completed in 2022 by Binghatti. The developer sold it on 13 December 2021 for AED 538,808, or AED 868 per sqft, 43% above the AED 609 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 2 January 2024. The current contract, signed on 2 January 2024, is AED 70,000 a year: a gross yield of 13.0% on the 2021 price, before the service charge of about AED 8,100 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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, December 2021: AED 538,808 (AED 868 per sqft)

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

Rents
Unit 704, each contractTypical one-bed in Binghatti Point
40K60K202220242026Typical rent by year: 2022 AED 36,000; 2023 AED 40,000; 2024 AED 48,000; 2025 AED 52,070; 2026 AED 52,500New contract, January 2024: AED 70,000 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 704 sits

All 80 1-beds →

704 last sold in December 2021 at AED 868 per sqft, 43% above what one-beds in Binghatti Point were fetching at the time (AED 609). 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. 704's AED 70,000 is at the top 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 7th floor

All 121 units in Binghatti Point
Value
7012-bedAED 630K · Apr 2022
7021-bedAED 410K · Feb 2022
7031-bedAED 430K · Dec 2021
7052-bedAED 600K · Feb 2022
7061-bedAED 540K · Jun 2024
7071-bedAED 710K · Feb 2026
7082-bedAED 880K · Nov 2024
1–7 of 11

704, Binghatti Point in numbers

  • Sold once: by Binghatti on 13 December 2021 for AED 538,808, or AED 868 per sqft.
  • Rented since January 2024 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 13.0%, before a service charge of about AED 8,100 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 2 January 2024.

Questions about 704, Binghatti Point

What did unit 704 last sell for?

AED 538,808 on 13 December 2021, sold by the developer: AED 868 per sqft for 621 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 70,000 a year on the contract signed on 2 January 2024.

How big is unit 704?

621 sqft (57.7 sqm): a one-bedroom apartment on the 7th floor of a 10-storey tower completed in 2022.

What is unit 704 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 704, Binghatti Point

Starts from the last sale price (AED 539K, 13 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 538,808
Deposit, UAE resident (20%)
AED 107,762
Deposit, non-resident (40%)
AED 215,523
Monthly over 25 years at 3.7%
AED 2,204

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