1-bed · 1,011 sqftBinghatti Stars, Dubai Silicon Oasis · 12th floor · completed 2019

1218, Binghatti Stars

Sold prices and rental history: sold twice, last in September 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1218 · DLD and Ejari recordsUpdated 9 September 2023
Last soldAED 600K9 September 2023
Current rentAED 41K /yr28 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1218, Binghatti Stars

What is 1218 worth today?

Last sold for AED 600,000 in 2023

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9 Sep 2023SoldReady
AED 600,000AED 593 per sqft
28 Jul 2022RentedRenewal
AED 40,700/yr12 months · AED 40 per sqft
28 Jul 2021RentedNew contract
AED 37,000/yr12 months · AED 37 per sqft
10 Jun 2020RentedNew contract
AED 40,000/yr12 months · AED 40 per sqft
20 Oct 2019Sold by developerOff-plan
AED 620,000AED 612 per sqft

Source: Dubai Land Department. Updated 9 September 2023.

Key facts

Type
1-bed apartment
Size
1,011 sqft
Floor
12th of 12
Parking
B1-80
Developer
Binghatti
Completed
2019
Service charge
AED 11,100 /yr
Last sold
AED 600K · September 2023

About 1218, Binghatti Stars

1218 is a one-bedroom apartment of 1,011 sqft on the 12th floor of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. It last sold on 9 September 2023 for AED 600,000, or AED 593 per sqft, 5% above the AED 566 one-beds in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 28 July 2022, is AED 40,700 a year: a gross yield of 6.8% on the 2023 price, before the service charge of about AED 11,100 a year.

Sales and rents for 1218 over time

Sales
Unit 1218, each saleTypical one-bed in Binghatti Stars
600K800K2018202120242027Typical sale price by year: 2018 AED 563,607; 2019 AED 595,000; 2020 AED 541,000; 2021 AED 510,000; 2022 AED 513,000; 2023 AED 581,708; 2024 AED 617,753; 2025 AED 820,000; 2026 AED 850,000Sold by developer, October 2019: AED 620,000 (AED 612 per sqft)Sold, September 2023: AED 600,000 (AED 593 per sqft)

1218 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1218, each contractTypical one-bed in Binghatti Stars
40K60K2020202220242026Typical rent by year: 2020 AED 40,000; 2021 AED 37,000; 2022 AED 41,000; 2023 AED 45,764; 2024 AED 55,000; 2025 AED 65,000; 2026 AED 63,821New contract, June 2020: AED 40,000 a yearNew contract, July 2021: AED 37,000 a yearRenewal, July 2022: AED 40,700 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 Stars, and where 1218 sits

All 95 1-beds →

1218 last sold in September 2023 at AED 593 per sqft, 5% above what one-beds in Binghatti Stars were fetching at the time (AED 566). Over the last 12 months one-beds sold for AED 775,000 to 970,000, around AED 812 per sqft, and rent for AED 48,510 to 78,000 a year. 1218's AED 40,700 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 2026850,000
15 Oct 2026850,000
15 Sep 2026900,000
27 Aug 2026821,000
10 1-bed sales in the last 12 months

Binghatti Stars

Building

339 apartments, studios to 2-bed over 12 floors in Dubai Silicon Oasis, completed in 2019 by Binghatti. 34 sold in the last 12 months.

Typical price per sqft
AED 828 Down 5.3%
Typical sale
AED 548K
Typical rent
AED 49K /yr
Typical yield
10.2%
Binghatti Stars, Dubai Silicon Oasis: prices, sales and rents →

Other units on the 12th floor

All 339 units in Binghatti Stars
Value
12011-bedAED 647K · Oct 2018
12021-bedAED 515K · Feb 2023
12031-bedAED 604K · Oct 2018
12041-bedAED 590K · Oct 2018
12052-bedAED 800K · Aug 2020
12062-bedAED 875K · Dec 2019
12071-bedAED 515K · Apr 2022
1–7 of 19

1218, Binghatti Stars in numbers

  • Sold twice: first on 20 October 2019 for AED 620,000, last on 9 September 2023 for AED 600,000 (AED 593 per sqft).
  • Rented since June 2020 on 3 Ejari contracts, from AED 40,000 to AED 40,700 a year.
  • At AED 40,700 a year the gross yield on the 2023 price is 6.8%, before a service charge of about AED 11,100 a year (AED 10.95 per sqft).
  • One-beds in Binghatti Stars sold for AED 775,000–970,000 in the 12 months to November 2026; the building's median across all types is AED 828 per sqft.

Source: Dubai Land Department. Updated 9 September 2023.

Questions about 1218, Binghatti Stars

What did unit 1218 last sell for?

AED 600,000 on 9 September 2023: AED 593 per sqft for 1,011 sqft. The unit has 2 registered sales; the first was AED 620,000 in October 2019.

What is the rent for unit 1218?

AED 40,700 a year on the contract renewed on 28 July 2022. The previous contract, from July 2021, was AED 37,000; the unit has been rented since June 2020.

How big is unit 1218?

1,011 sqft (93.9 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1218 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Stars sold for AED 775,000 to 970,000 in the last 12 months, around AED 812 per sqft.

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Mortgage on 1218, Binghatti Stars

Starts from the last sale price (AED 600K, 9 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

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