2-bed · 1,323 sqftBinghatti Avenue, Al Jadaf · 15th floor · completed 2022

1516, Binghatti Avenue

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1516 · DLD and Ejari recordsUpdated 25 July 2024
Last soldAED 1.4M25 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1516, Binghatti Avenue

What is 1516 worth today?

Last sold for AED 1,400,000 in 2024

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25 Jul 2024SoldReady
AED 1,400,000AED 1,058 per sqft
28 Jan 2021Sold by developerOff-plan
AED 876,730AED 662 per sqft

Source: Dubai Land Department. Updated 25 July 2024.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
15th of 27
Parking
P1-111
Developer
Binghatti
Completed
2022
Service charge
AED 20,300 /yr
Last sold
AED 1.4M · July 2024

About 1516, Binghatti Avenue

1516 is a two-bedroom apartment of 1,323 sqft on the 15th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 25 July 2024 for AED 1,400,000, or AED 1,058 per sqft, in line with the AED 1,089 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1516 over time

Sales
Unit 1516, each saleTypical two-bed in Binghatti Avenue
1M1.5M2020202220242026Typical 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, January 2021: AED 876,730 (AED 662 per sqft)Sold, July 2024: AED 1,400,000 (AED 1,058 per sqft)

1516 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1516, 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 1516 sits

All 110 2-beds →

1516 last sold in July 2024 at AED 1,058 per sqft, in line with what two-beds in Binghatti Avenue were fetching at the time (AED 1,089). 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 15th floor

All 621 units in Binghatti Avenue
Value
15011-bedAED 920K · Mar 2024
15021-bedAED 587K · Mar 2021
15031-bedAED 587K · Dec 2020
15041-bedAED 587K · Mar 2021
15051-bedAED 975K · Jul 2025
15063-bedAED 1.84M · Apr 2026
15072-bedAED 825K · May 2021
1–7 of 21

1516, Binghatti Avenue in numbers

  • Sold twice: first on 28 January 2021 for AED 876,730, last on 25 July 2024 for AED 1,400,000 (AED 1,058 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 25 July 2024.

Questions about 1516, Binghatti Avenue

What did unit 1516 last sell for?

AED 1,400,000 on 25 July 2024: AED 1,058 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 876,730 in January 2021.

How big is unit 1516?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 15th floor of a 27-storey tower completed in 2022.

What is unit 1516 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 1516, Binghatti Avenue

Starts from the last sale price (AED 1.4M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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