1-bed · 760 sqftBinghatti Avenue, Al Jadaf · 20th floor · completed 2022

2022, Binghatti Avenue

Sold prices and rental history: sold twice, last in January 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2022 · DLD and Ejari recordsUpdated 29 January 2024
Last soldAED 905K29 January 2024
Current rentAED 60K /yr15 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2022, Binghatti Avenue

What is 2022 worth today?

Last sold for AED 905,000 in 2024

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29 Jan 2024SoldReady
AED 905,000AED 1,191 per sqft
15 Aug 2023RentedRenewal
AED 60,000/yr12 months · AED 79 per sqft
15 Aug 2022RentedNew contract
AED 47,000/yr12 months · AED 62 per sqft
27 Apr 2021Sold by developerOff-plan
AED 687,000AED 904 per sqft

Source: Dubai Land Department. Updated 29 January 2024.

Key facts

Type
1-bed apartment
Size
760 sqft
Floor
20th of 27
Parking
P3-135
Developer
Binghatti
Completed
2022
Service charge
AED 11,700 /yr
Last sold
AED 905K · January 2024

About 2022, Binghatti Avenue

2022 is a one-bedroom apartment of 760 sqft on the 20th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 29 January 2024 for AED 905,000, or AED 1,191 per sqft, 5% above the AED 1,130 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 August 2023, is AED 60,000 a year: a gross yield of 6.6% on the 2024 price, before the service charge of about AED 11,700 a year.

Sales and rents for 2022 over time

Sales
Unit 2022, 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 687,000 (AED 904 per sqft)Sold, January 2024: AED 905,000 (AED 1,191 per sqft)

2022 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2022, 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, August 2022: AED 47,000 a yearRenewal, August 2023: AED 60,000 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 2022 sits

All 426 1-beds →

2022 last sold in January 2024 at AED 1,191 per sqft, 5% above what one-beds in Binghatti Avenue were fetching at the time (AED 1,130). 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. 2022's AED 60,000 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 20th floor

All 621 units in Binghatti Avenue
Value
20011-bedAED 687K · May 2021
20021-bedAED 590K · May 2021
20031-bedAED 641K · May 2021
20041-bedAED 641K · Feb 2021
20051-bedAED 600K · Apr 2021
20063-bedAED 1.4M · Mar 2023
20072-bedAED 860K · Jan 2021
1–7 of 21

2022, Binghatti Avenue in numbers

  • Sold twice: first on 27 April 2021 for AED 687,000, last on 29 January 2024 for AED 905,000 (AED 1,191 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 47,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 6.6%, before a service charge of about AED 11,700 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 29 January 2024.

Questions about 2022, Binghatti Avenue

What did unit 2022 last sell for?

AED 905,000 on 29 January 2024: AED 1,191 per sqft for 760 sqft. The unit has 2 registered sales; the first was AED 687,000 in April 2021.

What is the rent for unit 2022?

AED 60,000 a year on the contract renewed on 15 August 2023. The previous contract, from August 2022, was AED 47,000.

How big is unit 2022?

760 sqft (70.6 sqm): a one-bedroom apartment on the 20th floor of a 27-storey tower completed in 2022.

What is unit 2022 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 2022, Binghatti Avenue

Starts from the last sale price (AED 905K, 29 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 905,000
Deposit, UAE resident (20%)
AED 181,000
Deposit, non-resident (40%)
AED 362,000
Monthly over 25 years at 3.7%
AED 3,703

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