2-bed · 1,323 sqftBinghatti Avenue, Al Jadaf · 3rd floor · completed 2022

316, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 29 March 2021
Last soldAED 831K29 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Binghatti Avenue

What is 316 worth today?

Last sold for AED 830,550 in 2021

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29 Mar 2021Sold by developerOff-plan
AED 830,550AED 627 per sqft

Source: Dubai Land Department. Updated 29 March 2021.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
3rd of 27
Parking
P1-33,P1-34
Developer
Binghatti
Completed
2022
Service charge
AED 20,300 /yr
Last sold
AED 831K · March 2021

About 316, Binghatti Avenue

316 is a two-bedroom apartment of 1,323 sqft on the 3rd floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 29 March 2021 for AED 830,550, or AED 627 per sqft, 13% below the AED 717 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 316 over time

Sales
Unit 316, 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 830,550 (AED 627 per sqft)

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

Rents
Unit 316, 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 96,500

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 316 sits

All 110 2-beds →

316 last sold in March 2021 at AED 627 per sqft, 13% below what two-beds in Binghatti Avenue were fetching at the time (AED 717). 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.

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 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
3063-bedAED 1.6M · Jul 2024
3072-bedAED 860K · Mar 2021
1–7 of 21

316, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 29 March 2021 for AED 830,550, or AED 627 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 29 March 2021.

Questions about 316, Binghatti Avenue

What did unit 316 last sell for?

AED 830,550 on 29 March 2021, sold by the developer: AED 627 per sqft for 1,323 sqft. It is the only registered sale of the unit.

How big is unit 316?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 3rd floor of a 27-storey tower completed in 2022.

What is unit 316 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 316, Binghatti Avenue

Starts from the last sale price (AED 831K, 29 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 830,550
Deposit, UAE resident (20%)
AED 166,110
Deposit, non-resident (40%)
AED 332,220
Monthly over 25 years at 3.7%
AED 3,398

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