2-bed · 1,555 sqftBinghatti Views, Dubai Silicon Oasis · Ground floor · completed 2017

V06, Binghatti Views

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit V06 · DLD and Ejari recordsUpdated 20 March 2024
Last soldAED 1.25M20 March 2024
Current rentAED 60K /yr9 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V06, Binghatti Views

What is V06 worth today?

Last sold for AED 1,250,000 in 2024

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20 Mar 2024SoldReady
AED 1,250,000AED 804 per sqft
25 May 2023SoldReady
AED 865,000AED 556 per sqft
9 Nov 2022RentedNew contract
AED 60,000/yr12 months · AED 39 per sqft
1 Oct 2021RentedRenewal
AED 55,000/yr12 months · AED 35 per sqft
1 Oct 2020RentedNew contract
AED 55,000/yr12 months · AED 35 per sqft
28 Jan 2019RentedNew contract
AED 75,000/yr12 months · AED 48 per sqft
10 Oct 2017RentedNew contract
AED 109,705/yr12 months · AED 71 per sqft
14 Apr 2016Sold by developerOff-plan
AED 1,023,955AED 658 per sqft

Source: Dubai Land Department. Updated 20 March 2024.

Key facts

Type
2-bed apartment
Size
1,555 sqft
Floor
Ground of 10
Parking
B-39 , B-62
Developer
Binghatti
Completed
2017
Service charge
AED 18,900 /yr
Last sold
AED 1.25M · March 2024

About V06, Binghatti Views

V06 is a two-bedroom apartment of 1,555 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 20 March 2024 for AED 1,250,000, or AED 804 per sqft, 29% above the AED 625 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 9 November 2022, is AED 60,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 18,900 a year.

Sales and rents for V06 over time

Sales
Unit V06, each saleTypical two-bed in Binghatti Views
800K1M1.2M201620192022Typical sale price by year: 2016 AED 1,142,540; 2017 AED 925,000; 2023 AED 940,000Sold by developer, April 2016: AED 1,023,955 (AED 658 per sqft)Sold, May 2023: AED 865,000 (AED 556 per sqft)Sold, March 2024: AED 1,250,000 (AED 804 per sqft)

V06 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit V06, each contractTypical two-bed in Binghatti Views
50K75K100K2017202020232026Typical 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, October 2017: AED 109,705 a yearNew contract, January 2019: AED 75,000 a yearNew contract, October 2020: AED 55,000 a yearRenewal, October 2021: AED 55,000 a yearNew contract, November 2022: AED 60,000 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 V06 sits

All 19 2-beds →

V06 last sold in March 2024 at AED 804 per sqft, 29% above what two-beds in Binghatti Views were fetching at the time (AED 625). 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. V06's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
4 Feb 20261,255,000
11 Dec 2023625,000
30 Nov 2023975,000
30 Nov 20231,120,000
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
V042-bedAED 1M · Sep 2021
V052-bedAED 830K · Jul 2022

V06, Binghatti Views in numbers

  • Sold 3 times: first on 14 April 2016 for AED 1,023,955, last on 20 March 2024 for AED 1,250,000 (AED 804 per sqft).
  • Rented since October 2017 on 5 Ejari contracts, from AED 109,705 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 4.8%, before a service charge of about AED 18,900 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 20 March 2024.

Questions about V06, Binghatti Views

What did unit V06 last sell for?

AED 1,250,000 on 20 March 2024: AED 804 per sqft for 1,555 sqft. The unit has 3 registered sales; the first was AED 1,023,955 in April 2016.

What is the rent for unit V06?

AED 60,000 a year on the contract signed on 9 November 2022. The previous contract, from October 2021, was AED 55,000; the unit has been rented since October 2017.

How big is unit V06?

1,555 sqft (144.5 sqm): a two-bedroom apartment on the ground floor of a 10-storey tower completed in 2017.

What is unit V06 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 V06, Binghatti Views

Starts from the last sale price (AED 1.25M, 20 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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