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Studio · 530 sqftBinghatti Stars, Dubai Silicon Oasis · 6th floor · completed 2019

623, Binghatti Stars

Sold prices and rental history: sold twice, last in June 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 623 · DLD and Ejari recordsUpdated 27 June 2022
Last soldAED 379K27 June 2022
Current rentAED 26K /yr15 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 623, Binghatti Stars

What is 623 worth today?

Last sold for AED 379,254 in 2022

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27 Jun 2022SoldReady
AED 379,254AED 715 per sqft
15 Feb 2022RentedNew contract
AED 26,000/yr12 months · AED 49 per sqft
10 Feb 2021RentedNew contract
AED 23,000/yr12 months · AED 44 per sqft
1 Jul 2020RentedNew contract
AED 27,000/yr12 months · AED 51 per sqft
28 Nov 2018Sold by developerOff-plan
AED 379,254AED 715 per sqft

Source: Dubai Land Department. Updated 27 June 2022.

Key facts

Type
Studio apartment
Size
530 sqft
Floor
6th of 12
Parking
P1-46
Developer
Binghatti
Completed
2019
Service charge
AED 5,800 /yr
Last sold
AED 379K · June 2022
Building
Binghatti Stars

About 623, Binghatti Stars

623 is a studio of 530 sqft on the 6th floor of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. It last sold on 27 June 2022 for AED 379,254, or AED 715 per sqft, 3% above the AED 692 studios in the building were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, signed on 15 February 2022, is AED 26,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 5,800 a year.

Sales and rents for 623 over time

Sales
Unit 623, 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, November 2018: AED 379,254 (AED 715 per sqft)Sold, June 2022: AED 379,254 (AED 715 per sqft)

623 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 623, each contractTypical studio in Binghatti Stars
20K40K2020202220242026Typical 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, July 2020: AED 27,000 a yearNew contract, February 2021: AED 23,000 a yearNew contract, February 2022: AED 26,000 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 623 sits

All 212 studios →

623 last sold in June 2022 at AED 715 per sqft, 3% above what studios in Binghatti Stars were fetching at the time (AED 692). 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. 623's AED 26,000 is at the bottom 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 6th floor

All 339 units in Binghatti Stars
Value
601StudioAED 370K · Jan 2023
602StudioAED 370K · Jan 2023
603StudioAED 370K · Jan 2023
604StudioAED 370K · Jan 2023
605StudioAED 400K · Dec 2025
606StudioAED 400K · Jul 2026
6072-bedAED 830K · Jul 2020
1–7 of 30

623, Binghatti Stars in numbers

  • Sold twice: first on 28 November 2018 for AED 379,254, last on 27 June 2022 for AED 379,254 (AED 715 per sqft).
  • Rented since July 2020 on 3 Ejari contracts. The rent fell from AED 27,000 to AED 23,000 in 2021 and recovered to AED 26,000 by February 2022.
  • At AED 26,000 a year the gross yield on the 2022 price is 6.9%, before a service charge of about AED 5,800 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 27 June 2022.

Questions about 623, Binghatti Stars

What did unit 623 last sell for?

AED 379,254 on 27 June 2022: AED 715 per sqft for 530 sqft. The unit has 2 registered sales; the first was AED 379,254 in November 2018.

What is the rent for unit 623?

AED 26,000 a year on the contract signed on 15 February 2022. The previous contract, from February 2021, was AED 23,000; the unit has been rented since July 2020.

How big is unit 623?

530 sqft (49.2 sqm): a studio on the 6th floor of a 12-storey tower completed in 2019.

What is unit 623 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 623, Binghatti Stars

Starts from the last sale price (AED 379K, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 379,254
Deposit, UAE resident (20%)
AED 75,851
Deposit, non-resident (40%)
AED 151,702
Monthly over 25 years at 3.7%
AED 1,552

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