M02, Binghatti Views
Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M02, Binghatti Views
What is M02 worth today?
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Source: Dubai Land Department. Updated 11 December 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,008 sqft
- Floor
- Ground of 10
- Parking
- M-24, M-28
- Developer
- Binghatti
- Completed
- 2017
- Service charge
- AED 12,300 /yr
- Last sold
- AED 625K · December 2023
- Building
- Binghatti Views
About M02, Binghatti Views
M02 is a two-bedroom apartment of 1,008 sqft on the ground floor of Binghatti Views, a 10-storey tower in Dubai Silicon Oasis completed in 2017 by Binghatti. It last sold on 11 December 2023 for AED 625,000, or AED 620 per sqft, in line with the AED 617 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 10 November 2022, is AED 50,000 a year: a gross yield of 8.0% on the 2023 price, before the service charge of about AED 12,300 a year.
Sales and rents for M02 over time
M02 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Binghatti Views, and where M02 sits
All 19 2-beds →M02 last sold in December 2023 at AED 620 per sqft, in line with what two-beds in Binghatti Views were fetching at the time (AED 617). Over the last 12 months two-beds sold for AED 1,255,000, around AED 684 per sqft, and rent for AED 82,000 to 158,000 a year. M02's AED 50,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Feb 20264 February 2026 | 1,833 sqft | 1,255,000 | 684 | ||
| 20 Mar 202420 March 2024 | 1,555 sqft | 1,250,000 | 804 | ||
| 30 Nov 202330 November 2023 | 1,351 sqft | 975,000 | 721 | ||
| 30 Nov 202330 November 2023 | 1,814 sqft | 1,120,000 | 617 |
Binghatti Views
Building171 apartments, studios to 3-bed over 10 floors in Dubai Silicon Oasis, completed in 2017 by Binghatti. 17 sold in the last 12 months.
- Typical price per sqft
- AED 839 Up 36.0%
- Typical sale
- AED 730K
- Typical rent
- AED 59K /yr
- Typical yield
- 7.8%
Other units on the ground floor
All 171 units in Binghatti Views| ValueToday's value | |||||
|---|---|---|---|---|---|
| M01 | 1-bed | 824 sqft | AED 460KAED 460,000 · Sep 2022September 2022 | 57,000 /yr | |
| V01 | 2-bed | 1,751 sqft | AED 1.25MAED 1,250,009 · Dec 2016December 2016 | 92,000 /yr | |
| V02 | 2-bed | 1,814 sqft | AED 1.12MAED 1,120,000 · Nov 2023November 2023 | 158,000 /yr | |
| V03 | 2-bed | 2,017 sqft | AED 1.4MAED 1,400,000 · May 2016May 2016 | ||
| V04 | 2-bed | 1,921 sqft | AED 1MAED 1,000,000 · Sep 2021September 2021 | 100,000 /yr | |
| V05 | 2-bed | 1,667 sqft | AED 830KAED 830,000 · Jul 2022July 2022 | 60,000 /yr | |
| V06 | 2-bed | 1,555 sqft | AED 1.25MAED 1,250,000 · Mar 2024March 2024 | 60,000 /yr |
M02, Binghatti Views in numbers
- Sold twice: first on 6 April 2016 for AED 850,000, last on 11 December 2023 for AED 625,000 (AED 620 per sqft).
- Rented since May 2017 on 4 Ejari contracts, from AED 80,000 to AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2023 price is 8.0%, before a service charge of about AED 12,300 a year (AED 12.18 per sqft).
- Two-beds in Binghatti Views sold for AED 1,255,000–1,255,000 in the 12 months to November 2026; the building's median across all types is AED 839 per sqft.
Source: Dubai Land Department. Updated 11 December 2023.
Questions about M02, Binghatti Views
What did unit M02 last sell for?
AED 625,000 on 11 December 2023: AED 620 per sqft for 1,008 sqft. The unit has 2 registered sales; the first was AED 850,000 in April 2016.
What is the rent for unit M02?
AED 50,000 a year on the contract renewed on 10 November 2022. The previous contract, from November 2021, was AED 50,000; the unit has been rented since May 2017.
How big is unit M02?
1,008 sqft (93.6 sqm): a two-bedroom apartment on the ground floor of a 10-storey tower completed in 2017.
What is unit M02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Views sold for AED 1,255,000 to 1,255,000 in the last 12 months, around AED 684 per sqft.
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Mortgage on M02, Binghatti Views
Starts from the last sale price (AED 625K, 11 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 625,000
- Deposit, UAE resident (20%)
- AED 125,000
- Deposit, non-resident (40%)
- AED 250,000
- Monthly over 25 years at 3.7%
- AED 2,557
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →