3-bed · 1,426 sqftBinghatti Avenue, Al Jadaf · 3rd floor · completed 2022

306, Binghatti Avenue

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

Unit 306 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 1.6M8 July 2024
Current rentAED 95K /yr25 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 306, Binghatti Avenue

What is 306 worth today?

Last sold for AED 1,600,000 in 2024

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8 Jul 2024SoldReady
AED 1,600,000AED 1,121 per sqft
25 Oct 2022RentedNew contract
AED 95,000/yr12 months · AED 66 per sqft
29 Mar 2021Sold by developerOff-plan
AED 820,000AED 574 per sqft

Source: Dubai Land Department. Updated 8 July 2024.

Key facts

Type
3-bed apartment
Size
1,426 sqft
Floor
3rd of 27
Parking
P2-55
Developer
Binghatti
Completed
2022
Service charge
AED 21,900 /yr
Last sold
AED 1.6M · July 2024

About 306, Binghatti Avenue

306 is a three-bedroom apartment of 1,426 sqft on the 3rd floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 8 July 2024 for AED 1,600,000, or AED 1,121 per sqft, 10% above the AED 1,016 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 October 2022. The current contract, signed on 25 October 2022, is AED 95,000 a year: a gross yield of 5.9% on the 2024 price, before the service charge of about AED 21,900 a year.

Sales and rents for 306 over time

Sales
Unit 306, each saleTypical three-bed in Binghatti Avenue
1M2M2020202220242026Typical sale price by year: 2020 AED 889,423; 2021 AED 1,061,250; 2022 AED 1,400,000; 2023 AED 1,500,000; 2024 AED 1,800,000; 2025 AED 1,925,000; 2026 AED 1,845,000Sold by developer, March 2021: AED 820,000 (AED 574 per sqft)Sold, July 2024: AED 1,600,000 (AED 1,121 per sqft)

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

Rents
Unit 306, each contractTypical three-bed in Binghatti Avenue
100K125K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 125,000New contract, October 2022: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Binghatti Avenue, and where 306 sits

All 101 3-beds →

306 last sold in July 2024 at AED 1,121 per sqft, 10% above what three-beds in Binghatti Avenue were fetching at the time (AED 1,016). Over the last 12 months three-beds sold for AED 1,443,367 to 2,271,336, around AED 1,047 per sqft, and rent for AED 84,800 to 143,000 a year. 306's AED 95,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
25 Aug 20261,850,000
3 Apr 20261,840,000
2 Apr 20261,580,000
11 3-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 3rd floor

All 621 units in Binghatti Avenue
Value
3011-bedAED 700K · Dec 2022
3021-bedAED 605K · Apr 2021
3031-bedAED 566K · Feb 2021
3041-bedAED 770K · Jun 2023
3051-bedAED 567K · Jan 2021
3072-bedAED 860K · Mar 2021
3081-bedAED 580K · Jun 2021
1–7 of 21

306, Binghatti Avenue in numbers

  • Sold twice: first on 29 March 2021 for AED 820,000, last on 8 July 2024 for AED 1,600,000 (AED 1,121 per sqft).
  • Rented since October 2022 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 5.9%, before a service charge of about AED 21,900 a year (AED 15.37 per sqft).
  • Three-beds in Binghatti Avenue sold for AED 1,443,367–2,271,336 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 8 July 2024.

Questions about 306, Binghatti Avenue

What did unit 306 last sell for?

AED 1,600,000 on 8 July 2024: AED 1,121 per sqft for 1,426 sqft. The unit has 2 registered sales; the first was AED 820,000 in March 2021.

What is the rent for unit 306?

AED 95,000 a year on the contract signed on 25 October 2022.

How big is unit 306?

1,426 sqft (132.5 sqm): a three-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2022.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Binghatti Avenue sold for AED 1,443,367 to 2,271,336 in the last 12 months, around AED 1,047 per sqft.

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Mortgage on 306, Binghatti Avenue

Starts from the last sale price (AED 1.6M, 8 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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