2-bed · 1,921 sqftBinghatti Views, Dubai Silicon Oasis · Ground floor · completed 2017

V04, Binghatti Views

Sold prices and rental history: sold twice, last in September 2021, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V04 · DLD and Ejari recordsUpdated 1 September 2021
Last soldAED 1M1 September 2021
Current rentAED 100K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V04, Binghatti Views

What is V04 worth today?

Last sold for AED 1,000,000 in 2021

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1 Sep 2021SoldReady
AED 1,000,000AED 520 per sqft
1 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 52 per sqft
1 Aug 2018RentedRenewal
AED 90,000/yr12 months · AED 47 per sqft
1 Aug 2017RentedNew contract
AED 90,000/yr12 months · AED 47 per sqft
2 May 2017Sold by developerOff-plan
AED 900,000AED 468 per sqft

Source: Dubai Land Department. Updated 1 September 2021.

Key facts

Type
2-bed apartment
Size
1,921 sqft
Floor
Ground of 10
Parking
B-28 , B-64
Developer
Binghatti
Completed
2017
Service charge
AED 23,400 /yr
Last sold
AED 1M · September 2021

About V04, Binghatti Views

V04 is a two-bedroom apartment of 1,921 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 1 September 2021 for AED 1,000,000, or AED 520 per sqft.

It has been rented since 2017 on 3 Ejari contracts. The current contract, signed on 1 November 2019, is AED 100,000 a year: a gross yield of 10.0% on the 2021 price, before the service charge of about AED 23,400 a year.

Sales and rents for V04 over time

Sales
Unit V04, each saleTypical two-bed in Binghatti Views
1M20162018202020222024Typical sale price by year: 2016 AED 1,142,540; 2017 AED 925,000; 2023 AED 940,000Sold by developer, May 2017: AED 900,000 (AED 468 per sqft)Sold, September 2021: AED 1,000,000 (AED 520 per sqft)

V04 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit V04, each contractTypical two-bed in Binghatti Views
60K80K100K2017202020232026Typical rent by year: 2017 AED 95,000; 2018 AED 85,000; 2019 AED 80,000; 2020 AED 60,000; 2021 AED 58,000; 2022 AED 65,000; 2023 AED 72,000; 2024 AED 85,000; 2025 AED 96,320; 2026 AED 91,754New contract, August 2017: AED 90,000 a yearRenewal, August 2018: AED 90,000 a yearNew contract, November 2019: AED 100,000 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 Views, and where V04 sits

All 19 2-beds →

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. V04's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20261,255,000
20 Mar 20241,250,000
11 Dec 2023625,000
30 Nov 2023975,000
1 2-bed sale in the last 12 months

Binghatti Views

Building

171 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%
Binghatti Views, Dubai Silicon Oasis: prices, sales and rents →

Other units on the ground floor

All 171 units in Binghatti Views
Value
M011-bedAED 460K · Sep 2022
M022-bedAED 625K · Dec 2023
V012-bedAED 1.25M · Dec 2016
V022-bedAED 1.12M · Nov 2023
V032-bedAED 1.4M · May 2016
V052-bedAED 830K · Jul 2022
V062-bedAED 1.25M · Mar 2024

V04, Binghatti Views in numbers

  • Sold twice: first on 2 May 2017 for AED 900,000, last on 1 September 2021 for AED 1,000,000 (AED 520 per sqft).
  • Rented since August 2017 on 3 Ejari contracts, from AED 90,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2021 price is 10.0%, before a service charge of about AED 23,400 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 1 September 2021.

Questions about V04, Binghatti Views

What did unit V04 last sell for?

AED 1,000,000 on 1 September 2021: AED 520 per sqft for 1,921 sqft. The unit has 2 registered sales; the first was AED 900,000 in May 2017.

What is the rent for unit V04?

AED 100,000 a year on the contract signed on 1 November 2019. The previous contract, from August 2018, was AED 90,000; the unit has been rented since August 2017.

How big is unit V04?

1,921 sqft (178.5 sqm): a two-bedroom apartment on the ground floor of a 10-storey tower completed in 2017.

What is unit V04 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 V04, Binghatti Views

Starts from the last sale price (AED 1M, 1 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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