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Sold for AED 510,000: Studio Apartment in Binghatti Apartments

Located in Dubai Silicon Oasis, Dubai. Its price per sqft is +23% vs the Binghatti Apartments median (AED 867/sqft).

Sale price

AED 510,000

Per sqft
AED 1,070
Registered
21 May 2026, 16:36 (Dubai)
Binghatti Apartments, Dubai

01 / Price history

This unit's history

Every registration of this studio apartment in Binghatti Apartments: same layout, exact size (477 sqft) and parking bay M-124. The registry has no unit numbers, so records are matched on these details.

  1. 21 May 2026This sale

    477 sqft · AED 1,070/sqft · Ready

    First recordAED 510,000
  2. 21 May 2026Mortgage

    Same day as previous · 477 sqft · AED 713/sqft · Ready

    33%lower than the previous recordAED 340,000
Records
2
Registered
Same day
as the mortgage, 21 May 2026
Loan to value
67%
AED 340K mortgage on the AED 510K sale

02 / The property

Property details

Size
477 sqft · 44.28 m²
Bedrooms
Studio
Registered as
Sell Development
Property sub-type
Flat
Usage
Residential
Tenure
Freehold
Parking
M-124
Nearest landmark
IMG World Adventures

03 / Comparables

All sales in Binghatti Apartments (9 Jan 2026 – 13 Oct 2026)

15 market sales. Percentages compare each sale with this one.

Comparable market sales. Change is relative to the selected sale.
Sale recordRecordedValue · AEDAED / sqft
13 Oct 2026710K+39% vs selected957−11% vs selected
12 Oct 2026655K+28% vs selected862−19% vs selected
17 Sept 2026480K−6% vs selected1,021−5% vs selected
8 Sept 2026700K+37% vs selected867−19% vs selected
17 Aug 2026680K+33% vs selected891−17% vs selected
17 Aug 20261.02M+100% vs selected764−29% vs selected
9 Jul 2026696K+36% vs selected906−15% vs selected
Studio · 477 sqftReadySelected sale
21 May 2026510K1,070
7 May 20261.25M+145% vs selected844−21% vs selected
13 Apr 2026435K−15% vs selected902−16% vs selected
26 Mar 2026730K+43% vs selected706−34% vs selected
3 Feb 20261M+96% vs selected838−22% vs selected
27 Jan 2026640K+25% vs selected807−25% vs selected
9 Jan 2026450K−12% vs selected932−13% vs selected
9 Jan 2026400K−22% vs selected835−22% vs selected

04 / Renting it out

What similar apartments rent for

Median of 21 market rents of apartments of 405–548 sq ft in Dubai Silicon Oasis. The gross yield is that rent against this sale's price, before service charges, fees and empty months.

Median rent / yr
AED 40,000
Per sqft / yr
AED 84/sqft
Gross yield
7.8%