2-bed · 1,331 sqftBinghatti Avenue, Al Jadaf · 10th floor · completed 2022

1016, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1016 · DLD and Ejari recordsUpdated 28 April 2022
Last soldAED 768K28 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1016, Binghatti Avenue

What is 1016 worth today?

Last sold for AED 768,000 in 2022

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28 Apr 2022Sold by developerOff-plan
AED 768,000AED 576 per sqft

Source: Dubai Land Department. Updated 28 April 2022.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
10th of 27
Parking
M-51
Developer
Binghatti
Completed
2022
Service charge
AED 20,500 /yr
Last sold
AED 768K · April 2022

About 1016, Binghatti Avenue

1016 is a two-bedroom apartment of 1,331 sqft on the 10th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 28 April 2022 for AED 768,000, or AED 576 per sqft, 18% below the AED 700 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1016 over time

Sales
Unit 1016, each saleTypical two-bed in Binghatti Avenue
1M2020202220242026Typical sale price by year: 2020 AED 727,600; 2021 AED 820,600; 2022 AED 865,000; 2023 AED 1,180,000; 2024 AED 1,360,000; 2025 AED 1,350,000; 2026 AED 1,315,000Sold by developer, April 2022: AED 768,000 (AED 576 per sqft)

1016 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1016, each contractTypical two-bed in Binghatti Avenue
80K100K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 80,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 96,500

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

2-beds in Binghatti Avenue, and where 1016 sits

All 110 2-beds →

1016 last sold in April 2022 at AED 576 per sqft, 18% below what two-beds in Binghatti Avenue were fetching at the time (AED 700). Over the last 12 months two-beds sold for AED 1,230,000 to 1,350,000, around AED 1,488 per sqft, and rent for AED 75,000 to 135,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
5 Sep 20261,230,000
6 Aug 20261,350,000
5 Aug 20261,330,000
9 Feb 20261,300,000
7 2-bed sales in the last 12 months

Binghatti Avenue

Building

621 apartments, 1-bed to 3-bed over 27 floors in Al Jadaf, completed in 2022 by Binghatti. 49 sold in the last 12 months.

Typical price per sqft
AED 1,416 Up 3.7%
Typical sale
AED 1.1M
Typical rent
AED 75K /yr
Typical yield
6.7%
Binghatti Avenue, Al Jadaf: prices, sales and rents →

Other units on the 10th floor

All 621 units in Binghatti Avenue
Value
10011-bedAED 602K · Nov 2020
10021-bedAED 1M · Apr 2025
10031-bedAED 577K · Nov 2020
10041-bedAED 640K · Dec 2020
10051-bedAED 539K · Dec 2020
10063-bedAED 1.65M · Jun 2024
10072-bedAED 1.23M · Jun 2023
1–7 of 21

1016, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 28 April 2022 for AED 768,000, or AED 576 per sqft.
  • Two-beds in Binghatti Avenue sold for AED 1,230,000–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 1,416 per sqft.

Source: Dubai Land Department. Updated 28 April 2022.

Questions about 1016, Binghatti Avenue

What did unit 1016 last sell for?

AED 768,000 on 28 April 2022, sold by the developer: AED 576 per sqft for 1,331 sqft. It is the only registered sale of the unit.

How big is unit 1016?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 10th floor of a 27-storey tower completed in 2022.

What is unit 1016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Avenue sold for AED 1,230,000 to 1,350,000 in the last 12 months, around AED 1,488 per sqft.

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Mortgage on 1016, Binghatti Avenue

Starts from the last sale price (AED 768K, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 768,000
Deposit, UAE resident (20%)
AED 153,600
Deposit, non-resident (40%)
AED 307,200
Monthly over 25 years at 3.7%
AED 3,142

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