2-bed · 1,444 sqftBinghatti Stars, Dubai Silicon Oasis · completed 2019

R16, Binghatti Stars

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

Unit R16 · DLD and Ejari recordsUpdated 10 August 2023
Last soldAED 870K2 May 2023
Current rentAED 63K /yr10 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for R16, Binghatti Stars

What is R16 worth today?

Last sold for AED 870,000 in 2023

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10 Aug 2023RentedNew contract
AED 63,000/yr12 months · AED 44 per sqft
2 May 2023SoldReady
AED 870,000AED 602 per sqft
10 Aug 2022RentedRenewal
AED 59,000/yr12 months · AED 41 per sqft
10 Aug 2021RentedNew contract
AED 57,000/yr12 months · AED 40 per sqft
18 Nov 2020Sold by developerReady
AED 790,000AED 546 per sqft

Source: Dubai Land Department. Updated 10 August 2023.

Key facts

Type
2-bed apartment
Size
1,444 sqft
Parking
G-73, G-74
Developer
Binghatti
Completed
2019
Service charge
AED 15,800 /yr
Last sold
AED 870K · May 2023

About R16, Binghatti Stars

R16 is a two-bedroom apartment of 1,444 sqft of Binghatti Stars, a 12-storey tower in Dubai Silicon Oasis completed in 2019 by Binghatti. It last sold on 2 May 2023 for AED 870,000, or AED 602 per sqft, in line with the AED 602 two-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 10 August 2023, is AED 63,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 15,800 a year.

Sales and rents for R16 over time

Sales
Unit R16, each saleTypical two-bed in Binghatti Stars
750K1M1.25M20182020202220242026Typical sale price by year: 2018 AED 900,000; 2019 AED 960,000; 2020 AED 809,696; 2021 AED 770,000; 2023 AED 980,000; 2024 AED 1,190,000; 2025 AED 1,290,000Sold by developer, November 2020: AED 790,000 (AED 546 per sqft)Sold, May 2023: AED 870,000 (AED 602 per sqft)

R16 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit R16, each contractTypical two-bed in Binghatti Stars
60K80K2020202220242026Typical rent by year: 2020 AED 62,000; 2021 AED 60,000; 2022 AED 65,000; 2023 AED 70,000; 2024 AED 76,500; 2025 AED 85,000; 2026 AED 90,000New contract, August 2021: AED 57,000 a yearRenewal, August 2022: AED 59,000 a yearNew contract, August 2023: AED 63,000 a year

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

2-beds in Binghatti Stars, and where R16 sits

All 51 2-beds →

R16 last sold in May 2023 at AED 602 per sqft, in line with what two-beds in Binghatti Stars were fetching at the time (AED 602). Over the last 12 months two-beds sold for AED 1,330,000 to 1,400,000, around AED 917 per sqft, and rent for AED 64,280 to 115,359 a year. R16's AED 63,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Nov 20261,370,000
20 May 20261,400,000
25 Dec 20251,330,000
23 Oct 20251,375,000
3 2-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 →

R16, Binghatti Stars in numbers

  • Sold twice: first on 18 November 2020 for AED 790,000, last on 2 May 2023 for AED 870,000 (AED 602 per sqft).
  • Rented since August 2021 on 3 Ejari contracts, from AED 57,000 to AED 63,000 a year.
  • At AED 63,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 15,800 a year (AED 10.95 per sqft).
  • Two-beds in Binghatti Stars sold for AED 1,330,000–1,400,000 in the 12 months to November 2026; the building's median across all types is AED 828 per sqft.

Source: Dubai Land Department. Updated 10 August 2023.

Questions about R16, Binghatti Stars

What did unit R16 last sell for?

AED 870,000 on 2 May 2023: AED 602 per sqft for 1,444 sqft. The unit has 2 registered sales; the first was AED 790,000 in November 2020.

What is the rent for unit R16?

AED 63,000 a year on the contract signed on 10 August 2023. The previous contract, from August 2022, was AED 59,000; the unit has been rented since August 2021.

How big is unit R16?

1,444 sqft (134.2 sqm): a two-bedroom apartment of a 12-storey tower completed in 2019.

What is unit R16 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Stars sold for AED 1,330,000 to 1,400,000 in the last 12 months, around AED 917 per sqft.

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Mortgage on R16, Binghatti Stars

Starts from the last sale price (AED 870K, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 870,000
Deposit, UAE resident (20%)
AED 174,000
Deposit, non-resident (40%)
AED 348,000
Monthly over 25 years at 3.7%
AED 3,559

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