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2-bed · 1,323 sqftBinghatti Avenue, Al Jadaf · 27th floor · completed 2022

2716, Binghatti Avenue

Sold prices and rental history: sold twice, last in July 2023, and rented once, from November 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2716 · DLD and Ejari recordsUpdated 4 July 2023
Last soldAED 1.25M4 July 2023
Current rentAED 80K /yr26 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2716, Binghatti Avenue

What is 2716 worth today?

Last sold for AED 1,250,000 in 2023

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4 Jul 2023SoldReady
AED 1,250,000AED 944 per sqft
26 Nov 2022RentedNew contract
AED 80,000/yr12 months · AED 60 per sqft
29 Mar 2021Sold by developerOff-plan
AED 937,075AED 708 per sqft

Source: Dubai Land Department. Updated 4 July 2023.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
27th of 27
Parking
M-06
Developer
Binghatti
Completed
2022
Service charge
AED 20,300 /yr
Last sold
AED 1.25M · July 2023
Building
Binghatti Avenue

About 2716, Binghatti Avenue

2716 is a two-bedroom apartment of 1,323 sqft on the 27th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 4 July 2023 for AED 1,250,000, or AED 944 per sqft, in line with the AED 932 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 November 2022. The current contract, signed on 26 November 2022, is AED 80,000 a year: a gross yield of 6.4% on the 2023 price, before the service charge of about AED 20,300 a year.

Sales and rents for 2716 over time

Sales
Unit 2716, each saleTypical two-bed in Binghatti Avenue
1M2020202220242026Typical 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, March 2021: AED 937,075 (AED 708 per sqft)Sold, July 2023: AED 1,250,000 (AED 944 per sqft)

2716 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2716, 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 96,500New contract, November 2022: AED 80,000 a year

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 2716 sits

All 110 2-beds →

2716 last sold in July 2023 at AED 944 per sqft, in line with what two-beds in Binghatti Avenue were fetching at the time (AED 932). 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. 2716's AED 80,000 is in the lower half of that range.

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 27th floor

All 621 units in Binghatti Avenue
Value
27013-bedAED 1.58M · Nov 2024
27023-bedAED 1.23M · Aug 2021
27033-bedAED 1.14M · Mar 2021
27043-bedAED 1.5M · Aug 2023
27053-bedAED 1.12M · Mar 2021
27063-bedAED 1.88M · Nov 2025
27072-bedAED 920K · Apr 2021
1–7 of 21

2716, Binghatti Avenue in numbers

  • Sold twice: first on 29 March 2021 for AED 937,075, last on 4 July 2023 for AED 1,250,000 (AED 944 per sqft).
  • Rented since November 2022 on one Ejari contract, at AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 6.4%, before a service charge of about AED 20,300 a year (AED 15.37 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 4 July 2023.

Questions about 2716, Binghatti Avenue

What did unit 2716 last sell for?

AED 1,250,000 on 4 July 2023: AED 944 per sqft for 1,323 sqft. The unit has 2 registered sales; the first was AED 937,075 in March 2021.

What is the rent for unit 2716?

AED 80,000 a year on the contract signed on 26 November 2022.

How big is unit 2716?

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

What is unit 2716 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 2716, Binghatti Avenue

Starts from the last sale price (AED 1.25M, 4 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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