2-bed · 1,323 sqftBinghatti Avenue, Al Jadaf · 11th floor · completed 2022

1116, 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 1116 · DLD and Ejari recordsUpdated 29 April 2022
Last soldAED 767K29 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1116, Binghatti Avenue

What is 1116 worth today?

Last sold for AED 767,125 in 2022

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29 Apr 2022Sold by developerOff-plan
AED 767,125AED 579 per sqft

Source: Dubai Land Department. Updated 29 April 2022.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
11th of 27
Parking
P1-50
Developer
Binghatti
Completed
2022
Service charge
AED 20,300 /yr
Last sold
AED 767K · April 2022

About 1116, Binghatti Avenue

1116 is a two-bedroom apartment of 1,323 sqft on the 11th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 29 April 2022 for AED 767,125, or AED 579 per sqft, 18% below the AED 706 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1116 over time

Sales
Unit 1116, 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 767,125 (AED 579 per sqft)

1116 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1116, 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 1116 sits

All 110 2-beds →

1116 last sold in April 2022 at AED 579 per sqft, 18% below what two-beds in Binghatti Avenue were fetching at the time (AED 706). 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 11th floor

All 621 units in Binghatti Avenue
Value
11011-bedAED 595K · Apr 2021
11021-bedAED 600K · Jan 2021
11031-bedAED 579K · May 2021
11041-bedAED 579K · May 2021
11051-bedAED 542K · Dec 2020
11063-bedAED 835K · Nov 2020
11072-bedAED 1.25M · Jun 2023
1–7 of 21

1116, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 29 April 2022 for AED 767,125, or AED 579 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 29 April 2022.

Questions about 1116, Binghatti Avenue

What did unit 1116 last sell for?

AED 767,125 on 29 April 2022, sold by the developer: AED 579 per sqft for 1,323 sqft. It is the only registered sale of the unit.

How big is unit 1116?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 11th floor of a 27-storey tower completed in 2022.

What is unit 1116 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 1116, Binghatti Avenue

Starts from the last sale price (AED 767K, 29 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 767,125
Deposit, UAE resident (20%)
AED 153,425
Deposit, non-resident (40%)
AED 306,850
Monthly over 25 years at 3.7%
AED 3,139

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