1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 22nd floor · completed 2022

2203, Binghatti Avenue

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

Unit 2203 · DLD and Ejari recordsUpdated 25 September 2024
Last soldAED 920K30 May 2024
Current rentAED 65K /yr25 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Binghatti Avenue

What is 2203 worth today?

Last sold for AED 920,000 in 2024

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25 Sep 2024RentedRenewal
AED 64,641/yr12 months · AED 92 per sqft
30 May 2024SoldReady
AED 920,000AED 1,303 per sqft
25 Sep 2023RentedNew contract
AED 63,000/yr12 months · AED 90 per sqft
1 Aug 2022RentedNew contract
AED 47,000/yr12 months · AED 66 per sqft
27 Apr 2021Sold by developerOff-plan
AED 600,000AED 849 per sqft

Source: Dubai Land Department. Updated 25 September 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
22nd of 27
Parking
B-146
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 920K · May 2024

About 2203, Binghatti Avenue

2203 is a one-bedroom apartment of 706 sqft on the 22nd floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 30 May 2024 for AED 920,000, or AED 1,303 per sqft, 12% above the AED 1,165 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 September 2024, is AED 64,641 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 10,900 a year.

Sales and rents for 2203 over time

Sales
Unit 2203, 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 600,000 (AED 849 per sqft)Sold, May 2024: AED 920,000 (AED 1,303 per sqft)

2203 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2203, 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 yearNew contract, September 2023: AED 63,000 a yearRenewal, September 2024: AED 64,641 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 2203 sits

All 426 1-beds →

2203 last sold in May 2024 at AED 1,303 per sqft, 12% above what one-beds in Binghatti Avenue were fetching at the time (AED 1,165). 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. 2203's AED 64,641 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 22nd floor

All 621 units in Binghatti Avenue
Value
22011-bedAED 675K · Mar 2021
22021-bedAED 1.1M · Mar 2025
22041-bedAED 690K · Oct 2022
22051-bedAED 1.03M · Jun 2025
22063-bedAED 1.5M · Nov 2023
22072-bedAED 865K · Apr 2021
22081-bedAED 638K · Jul 2021
1–7 of 21

2203, Binghatti Avenue in numbers

  • Sold twice: first on 27 April 2021 for AED 600,000, last on 30 May 2024 for AED 920,000 (AED 1,303 per sqft).
  • Rented since August 2022 on 3 Ejari contracts, from AED 47,000 to AED 64,641 a year.
  • At AED 64,641 a year the gross yield on the 2024 price is 7.0%, 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 25 September 2024.

Questions about 2203, Binghatti Avenue

What did unit 2203 last sell for?

AED 920,000 on 30 May 2024: AED 1,303 per sqft for 706 sqft. The unit has 2 registered sales; the first was AED 600,000 in April 2021.

What is the rent for unit 2203?

AED 64,641 a year on the contract renewed on 25 September 2024. The previous contract, from September 2023, was AED 63,000; the unit has been rented since August 2022.

How big is unit 2203?

706 sqft (65.6 sqm): a one-bedroom apartment on the 22nd floor of a 27-storey tower completed in 2022.

What is unit 2203 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 2203, Binghatti Avenue

Starts from the last sale price (AED 920K, 30 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 920,000
Deposit, UAE resident (20%)
AED 184,000
Deposit, non-resident (40%)
AED 368,000
Monthly over 25 years at 3.7%
AED 3,764

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