1-bed · 730 sqftBinghatti Avenue, Al Jadaf · 12th floor · completed 2022

1208, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in April 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1208 · DLD and Ejari recordsUpdated 19 April 2023
Last soldAED 585K26 April 2021
Current rentAED 70K /yr19 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1208, Binghatti Avenue

What is 1208 worth today?

Last sold for AED 585,000 in 2021

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19 Apr 2023RentedNew contract
AED 70,000/yr12 months · AED 96 per sqft
23 Sep 2022RentedNew contract
AED 68,000/yr12 months · AED 93 per sqft
26 Apr 2021Sold by developerOff-plan
AED 585,000AED 801 per sqft

Source: Dubai Land Department. Updated 19 April 2023.

Key facts

Type
1-bed apartment
Size
730 sqft
Floor
12th of 27
Parking
P3-01
Developer
Binghatti
Completed
2022
Service charge
AED 11,200 /yr
Last sold
AED 585K · April 2021

About 1208, Binghatti Avenue

1208 is a one-bedroom apartment of 730 sqft on the 12th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 26 April 2021 for AED 585,000, or AED 801 per sqft, in line with the AED 825 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 19 April 2023, is AED 70,000 a year: a gross yield of 12.0% on the 2021 price, before the service charge of about AED 11,200 a year.

Sales and rents for 1208 over time

Sales
Unit 1208, each saleTypical one-bed in Binghatti Avenue
600K800K1M2020202220242026Typical sale price by year: 2020 AED 586,601; 2021 AED 601,680; 2022 AED 680,000; 2023 AED 780,000; 2024 AED 900,000; 2025 AED 1,000,000; 2026 AED 1,020,000Sold by developer, April 2021: AED 585,000 (AED 801 per sqft)

1208 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1208, each contractTypical one-bed in Binghatti Avenue
50K60K70K202220242026Typical rent by year: 2022 AED 48,000; 2023 AED 55,200; 2024 AED 66,500; 2025 AED 70,000; 2026 AED 69,626New contract, September 2022: AED 68,000 a yearNew contract, April 2023: AED 70,000 a year

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

1-beds in Binghatti Avenue, and where 1208 sits

All 426 1-beds →

1208 last sold in April 2021 at AED 801 per sqft, in line with what one-beds in Binghatti Avenue were fetching at the time (AED 825). Over the last 12 months one-beds sold for AED 900,000 to 1,300,000, around AED 1,458 per sqft, and rent for AED 54,194 to 104,789 a year. 1208's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,010,000
28 Oct 2026900,000
27 Oct 20261,070,000
19 Oct 20261,100,000
31 1-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 12th floor

All 621 units in Binghatti Avenue
Value
12011-bedAED 601K · Feb 2021
12021-bedAED 333K · Nov 2022
12031-bedAED 570K · Feb 2021
12041-bedAED 640K · Nov 2022
12051-bedAED 543K · Nov 2020
12063-bedAED 1.85M · Aug 2026
12072-bedAED 829K · Feb 2021
1–7 of 21

1208, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 26 April 2021 for AED 585,000, or AED 801 per sqft.
  • Rented since September 2022 on 2 Ejari contracts, from AED 68,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2021 price is 12.0%, before a service charge of about AED 11,200 a year (AED 15.37 per sqft).
  • One-beds in Binghatti Avenue sold for AED 900,000–1,300,000 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 19 April 2023.

Questions about 1208, Binghatti Avenue

What did unit 1208 last sell for?

AED 585,000 on 26 April 2021, sold by the developer: AED 801 per sqft for 730 sqft. It is the only registered sale of the unit.

What is the rent for unit 1208?

AED 70,000 a year on the contract signed on 19 April 2023. The previous contract, from September 2022, was AED 68,000.

How big is unit 1208?

730 sqft (67.8 sqm): a one-bedroom apartment on the 12th floor of a 27-storey tower completed in 2022.

What is unit 1208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Avenue sold for AED 900,000 to 1,300,000 in the last 12 months, around AED 1,458 per sqft.

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Mortgage on 1208, Binghatti Avenue

Starts from the last sale price (AED 585K, 26 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 585,000
Deposit, UAE resident (20%)
AED 117,000
Deposit, non-resident (40%)
AED 234,000
Monthly over 25 years at 3.7%
AED 2,393

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