Studio · 516 sqftBinghatti Stars, Dubai Silicon Oasis · 4th floor · completed 2019

424, Binghatti Stars

Sold prices and rental history: sold once, by the developer in January 2018, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 424 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 425K11 January 2018
Current rentAED 38K /yr15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 424, Binghatti Stars

What is 424 worth today?

Last sold for AED 425,000 in 2018

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15 Nov 2024RentedRenewal
AED 38,000/yr12 months · AED 74 per sqft
15 Nov 2023RentedNew contract
AED 36,000/yr12 months · AED 70 per sqft
5 Nov 2022RentedNew contract
AED 32,000/yr12 months · AED 62 per sqft
1 Nov 2021RentedNew contract
AED 26,000/yr12 months · AED 50 per sqft
1 Oct 2020RentedNew contract
AED 26,000/yr13 months · AED 50 per sqft
11 Jan 2018Sold by developerOff-plan
AED 425,000AED 823 per sqft

Source: Dubai Land Department. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
516 sqft
Floor
4th of 12
Parking
P1-61
Developer
Binghatti
Completed
2019
Service charge
AED 5,700 /yr
Last sold
AED 425K · January 2018

About 424, Binghatti Stars

424 is a studio of 516 sqft on the 4th floor of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. The developer sold it on 11 January 2018 for AED 425,000, or AED 823 per sqft, in line with the AED 838 studios in the building were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 November 2024, is AED 38,000 a year: a gross yield of 8.9% on the 2018 price, before the service charge of about AED 5,700 a year.

Sales and rents for 424 over time

Sales
Unit 424, 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, January 2018: AED 425,000 (AED 823 per sqft)

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

Rents
Unit 424, 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, October 2020: AED 26,000 a yearNew contract, November 2021: AED 26,000 a yearNew contract, November 2022: AED 32,000 a yearNew contract, November 2023: AED 36,000 a yearRenewal, November 2024: AED 38,000 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 424 sits

All 212 studios →

424 last sold in January 2018 at AED 823 per sqft, in line with what studios in Binghatti Stars were fetching at the time (AED 838). 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. 424's AED 38,000 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 4th floor

All 339 units in Binghatti Stars
Value
401StudioAED 370K · Mar 2020
402StudioAED 480K · Mar 2026
403StudioAED 190K · Nov 2022
404StudioAED 435K · May 2024
405StudioAED 490K · Dec 2024
406StudioAED 375K · Oct 2023
4072-bedAED 661K · Sep 2018
1–7 of 30

424, Binghatti Stars in numbers

  • Sold once: by Binghatti on 11 January 2018 for AED 425,000, or AED 823 per sqft.
  • Rented since October 2020 on 5 Ejari contracts, from AED 26,000 to AED 38,000 a year.
  • At AED 38,000 a year the gross yield on the 2018 price is 8.9%, before a service charge of about AED 5,700 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 15 November 2024.

Questions about 424, Binghatti Stars

What did unit 424 last sell for?

AED 425,000 on 11 January 2018, sold by the developer: AED 823 per sqft for 516 sqft. It is the only registered sale of the unit.

What is the rent for unit 424?

AED 38,000 a year on the contract renewed on 15 November 2024. The previous contract, from November 2023, was AED 36,000; the unit has been rented since October 2020.

How big is unit 424?

516 sqft (47.9 sqm): a studio on the 4th floor of a 12-storey tower completed in 2019.

What is unit 424 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 424, Binghatti Stars

Starts from the last sale price (AED 425K, 11 January 2018). Switch to today's estimate once you have unlocked it.
Price
AED 425,000
Deposit, UAE resident (20%)
AED 85,000
Deposit, non-resident (40%)
AED 170,000
Monthly over 25 years at 3.7%
AED 1,739

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