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Studio · 504 sqftBinghatti Stars, Dubai Silicon Oasis · 2nd floor · completed 2019

216, Binghatti Stars

Sold prices and rental history: sold once, by the developer in May 2020, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 216 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 400K18 May 2020
Current rentAED 34K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 216, Binghatti Stars

What is 216 worth today?

Last sold for AED 400,000 in 2020

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1 Aug 2024RentedRenewal
AED 34,000/yr12 months · AED 67 per sqft
1 Aug 2023RentedRenewal
AED 30,800/yr12 months · AED 61 per sqft
1 Aug 2022RentedNew contract
AED 28,000/yr12 months · AED 55 per sqft
1 Jun 2020RentedNew contract
AED 26,000/yr12 months · AED 51 per sqft
18 May 2020Sold by developerOff-plan
AED 400,000AED 793 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
Studio apartment
Size
504 sqft
Floor
2nd of 12
Parking
P2-14
Developer
Binghatti
Completed
2019
Service charge
AED 5,500 /yr
Last sold
AED 400K · May 2020
Building
Binghatti Stars

About 216, Binghatti Stars

216 is a studio of 504 sqft on the 2nd floor of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. The developer sold it on 18 May 2020 for AED 400,000, or AED 793 per sqft, 7% above the AED 743 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 1 August 2024, is AED 34,000 a year: a gross yield of 8.5% on the 2020 price, before the service charge of about AED 5,500 a year.

Sales and rents for 216 over time

Sales
Unit 216, each saleTypical studio in Binghatti Stars
300K400K500K2018202120242027Typical sale price by year: 2018 AED 395,588; 2019 AED 384,000; 2020 AED 362,155; 2021 AED 335,000; 2022 AED 365,000; 2023 AED 375,000; 2024 AED 450,000; 2025 AED 540,000; 2026 AED 440,000Sold by developer, May 2020: AED 400,000 (AED 793 per sqft)

216 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 216, each contractTypical studio in Binghatti Stars
30K40K50K2020202220242026Typical rent by year: 2020 AED 26,072; 2021 AED 25,000; 2022 AED 28,000; 2023 AED 31,500; 2024 AED 40,000; 2025 AED 46,500; 2026 AED 47,000New contract, June 2020: AED 26,000 a yearNew contract, August 2022: AED 28,000 a yearRenewal, August 2023: AED 30,800 a yearRenewal, August 2024: AED 34,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Binghatti Stars, and where 216 sits

All 212 studios →

216 last sold in May 2020 at AED 793 per sqft, 7% above what studios in Binghatti Stars were fetching at the time (AED 743). Over the last 12 months studios sold for AED 400,000 to 600,000, around AED 940 per sqft, and rent for AED 30,000 to 87,000 a year. 216's AED 34,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
28 Oct 2026600,000
5 Oct 2026545,000
27 Aug 2026525,000
13 Aug 2026535,000
21 studio 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 2nd floor

All 339 units in Binghatti Stars
Value
201StudioAED 338K · Jun 2018
202StudioAED 425K · Aug 2018
203StudioAED 350K · Sep 2022
204StudioAED 370K · Jan 2023
205StudioAED 350K · Aug 2020
206StudioAED 417K · Feb 2020
2072-bedAED 900K · Dec 2019
1–7 of 30

216, Binghatti Stars in numbers

  • Sold once: by Binghatti on 18 May 2020 for AED 400,000, or AED 793 per sqft.
  • Rented since June 2020 on 4 Ejari contracts, from AED 26,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2020 price is 8.5%, before a service charge of about AED 5,500 a year (AED 10.95 per sqft).
  • Studios in Binghatti Stars sold for AED 400,000–600,000 in the 12 months to November 2026; the building's median across all types is AED 828 per sqft.

Source: Dubai Land Department. Updated 1 August 2024.

Questions about 216, Binghatti Stars

What did unit 216 last sell for?

AED 400,000 on 18 May 2020, sold by the developer: AED 793 per sqft for 504 sqft. It is the only registered sale of the unit.

What is the rent for unit 216?

AED 34,000 a year on the contract renewed on 1 August 2024. The previous contract, from August 2023, was AED 30,800; the unit has been rented since June 2020.

How big is unit 216?

504 sqft (46.8 sqm): a studio on the 2nd floor of a 12-storey tower completed in 2019.

What is unit 216 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Stars sold for AED 400,000 to 600,000 in the last 12 months, around AED 940 per sqft.

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Mortgage on 216, Binghatti Stars

Starts from the last sale price (AED 400K, 18 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 400,000
Deposit, UAE resident (20%)
AED 80,000
Deposit, non-resident (40%)
AED 160,000
Monthly over 25 years at 3.7%
AED 1,637

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