1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 16th floor · completed 2022

1621, Binghatti Avenue

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

Unit 1621 · DLD and Ejari recordsUpdated 18 May 2024
Last soldAED 589K26 January 2021
Current rentAED 75K /yr18 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1621, Binghatti Avenue

What is 1621 worth today?

Last sold for AED 588,532 in 2021

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18 May 2024RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
30 Dec 2023RentedRenewal
AED 52,000/yr12 months · AED 73 per sqft
30 Dec 2022RentedNew contract
AED 52,000/yr12 months · AED 73 per sqft
20 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
26 Jan 2021Sold by developerOff-plan
AED 588,532AED 833 per sqft

Source: Dubai Land Department. Updated 18 May 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
16th of 27
Parking
B-36
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 589K · January 2021

About 1621, Binghatti Avenue

1621 is a one-bedroom apartment of 706 sqft on the 16th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 26 January 2021 for AED 588,532, or AED 833 per sqft, in line with the AED 821 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 18 May 2024, is AED 75,000 a year: a gross yield of 12.7% on the 2021 price, before the service charge of about AED 10,900 a year.

Sales and rents for 1621 over time

Sales
Unit 1621, 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, January 2021: AED 588,532 (AED 833 per sqft)

1621 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1621, each contractTypical one-bed in Binghatti Avenue
60K202220242026Typical rent by year: 2022 AED 48,000; 2023 AED 55,200; 2024 AED 66,500; 2025 AED 70,000; 2026 AED 69,626New contract, November 2022: AED 50,000 a yearNew contract, December 2022: AED 52,000 a yearRenewal, December 2023: AED 52,000 a yearNew contract, May 2024: AED 75,000 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 1621 sits

All 426 1-beds →

1621 last sold in January 2021 at AED 833 per sqft, in line with what one-beds in Binghatti Avenue were fetching at the time (AED 821). 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. 1621's AED 75,000 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 16th floor

All 621 units in Binghatti Avenue
Value
16011-bedAED 1.02M · Mar 2025
16021-bedAED 588K · Apr 2021
16031-bedAED 588K · Apr 2021
16041-bedAED 588K · Apr 2021
16051-bedAED 770K · Oct 2023
16063-bedAED 1.55M · Apr 2023
16072-bedAED 840K · Apr 2021
1–7 of 21

1621, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 26 January 2021 for AED 588,532, or AED 833 per sqft.
  • Rented since November 2022 on 4 Ejari contracts, from AED 50,000 to AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2021 price is 12.7%, before a service charge of about AED 10,900 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 18 May 2024.

Questions about 1621, Binghatti Avenue

What did unit 1621 last sell for?

AED 588,532 on 26 January 2021, sold by the developer: AED 833 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 1621?

AED 75,000 a year on the contract signed on 18 May 2024. The previous contract, from December 2023, was AED 52,000; the unit has been rented since November 2022.

How big is unit 1621?

706 sqft (65.6 sqm): a one-bedroom apartment on the 16th floor of a 27-storey tower completed in 2022.

What is unit 1621 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 1621, Binghatti Avenue

Starts from the last sale price (AED 589K, 26 January 2021). Switch to today's estimate once you have unlocked it.
Price
AED 588,532
Deposit, UAE resident (20%)
AED 117,706
Deposit, non-resident (40%)
AED 235,413
Monthly over 25 years at 3.7%
AED 2,408

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