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1-bed · 965 sqftBinghatti Stars, Dubai Silicon Oasis · 12th floor · completed 2019

1220, Binghatti Stars

Sold prices and rental history: sold 3 times, last in October 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1220 · DLD and Ejari recordsUpdated 4 October 2023
Last soldAED 620K4 October 2023
Current rentAED 42K /yr25 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 1220, Binghatti Stars

What is 1220 worth today?

Last sold for AED 620,000 in 2023

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4 Oct 2023SoldReady
AED 620,000AED 642 per sqft
25 May 2023RentedNew contract
AED 41,800/yr12 months · AED 43 per sqft
25 May 2022RentedNew contract
AED 38,000/yr12 months · AED 39 per sqft
18 May 2022SoldReady
AED 513,000AED 531 per sqft
25 May 2021RentedNew contract
AED 38,000/yr12 months · AED 39 per sqft
6 Nov 2018Sold by developerOff-plan
AED 612,837AED 635 per sqft

Source: Dubai Land Department. Updated 4 October 2023.

Key facts

Type
1-bed apartment
Size
965 sqft
Floor
12th of 12
Parking
B1-78
Developer
Binghatti
Completed
2019
Service charge
AED 10,600 /yr
Last sold
AED 620K · October 2023
Building
Binghatti Stars

About 1220, Binghatti Stars

1220 is a one-bedroom apartment of 965 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 4 October 2023 for AED 620,000, or AED 642 per sqft, 11% above the AED 579 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 25 May 2023, is AED 41,800 a year: a gross yield of 6.7% on the 2023 price, before the service charge of about AED 10,600 a year.

Sales and rents for 1220 over time

Sales
Unit 1220, 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, November 2018: AED 612,837 (AED 635 per sqft)Sold, May 2022: AED 513,000 (AED 531 per sqft)Sold, October 2023: AED 620,000 (AED 642 per sqft)

1220 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1220, 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, May 2021: AED 38,000 a yearNew contract, May 2022: AED 38,000 a yearNew contract, May 2023: AED 41,800 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 1220 sits

All 95 1-beds →

1220 last sold in October 2023 at AED 642 per sqft, 11% above what one-beds in Binghatti Stars were fetching at the time (AED 579). 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. 1220's AED 41,800 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

1220, Binghatti Stars in numbers

  • Sold 3 times: first on 6 November 2018 for AED 612,837, last on 4 October 2023 for AED 620,000 (AED 642 per sqft).
  • Rented since May 2021 on 3 Ejari contracts, from AED 38,000 to AED 41,800 a year.
  • At AED 41,800 a year the gross yield on the 2023 price is 6.7%, before a service charge of about AED 10,600 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 4 October 2023.

Questions about 1220, Binghatti Stars

What did unit 1220 last sell for?

AED 620,000 on 4 October 2023: AED 642 per sqft for 965 sqft. The unit has 3 registered sales; the first was AED 612,837 in November 2018.

What is the rent for unit 1220?

AED 41,800 a year on the contract signed on 25 May 2023. The previous contract, from May 2022, was AED 38,000; the unit has been rented since May 2021.

How big is unit 1220?

965 sqft (89.7 sqm): a one-bedroom apartment on the 12th floor of a 12-storey tower completed in 2019.

What is unit 1220 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 1220, Binghatti Stars

Starts from the last sale price (AED 620K, 4 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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