408, Binghatti Avenue
Sold prices and rental history: sold twice, last in December 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 408, Binghatti Avenue
What is 408 worth today?
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Source: Dubai Land Department. Updated 7 July 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 730 sqft
- Floor
- 4th of 27
- Parking
- P2-90
- Developer
- Binghatti
- Completed
- 2022
- Service charge
- AED 11,200 /yr
- Last sold
- AED 875K · December 2023
- Building
- Binghatti Avenue
About 408, Binghatti Avenue
408 is a one-bedroom apartment of 730 sqft on the 4th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 14 December 2023 for AED 875,000, or AED 1,199 per sqft, 9% above the AED 1,099 one-beds in the building were fetching at the time.
It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 7 July 2024, is AED 65,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 11,200 a year.
Sales and rents for 408 over time
408 has sold twice; the dashed line is the one-bed median of each year in the building.
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 408 sits
All 426 1-beds →408 last sold in December 2023 at AED 1,199 per sqft, 9% above what one-beds in Binghatti Avenue were fetching at the time (AED 1,099). 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. 408's AED 65,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Oct 202629 October 2026 | 727 sqft | 1,010,000 | 1,388 | ||
| 28 Oct 202628 October 2026 | 706 sqft | 900,000 | 1,274 | ||
| 27 Oct 202627 October 2026 | 706 sqft | 1,070,000 | 1,515 | ||
| 19 Oct 202619 October 2026 | 706 sqft | 1,100,000 | 1,558 |
Binghatti Avenue
Building621 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%
Other units on the 4th floor
All 621 units in Binghatti Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 1-bed | 758 sqft | AED 680KAED 680,000 · Nov 2022November 2022 | ||
| 402 | 1-bed | 706 sqft | AED 660KAED 660,000 · Aug 2021August 2021 | ||
| 403 | 1-bed | 706 sqft | AED 613KAED 613,000 · Feb 2021February 2021 | 70,000 /yr | |
| 404 | 1-bed | 706 sqft | AED 950KAED 950,000 · Dec 2025December 2025 | 68,000 /yr | |
| 405 | 1-bed | 671 sqft | AED 511KAED 511,125 · Dec 2020December 2020 | 88,000 /yr | |
| 406 | 3-bed | 1,428 sqft | AED 1.65MAED 1,650,000 · Sep 2023September 2023 | 110,000 /yr | |
| 407 | 2-bed | 661 sqft | AED 833KAED 833,312 · Mar 2021March 2021 | ||
| 409 | 1-bed | 708 sqft | AED 569KAED 568,734 · Dec 2020December 2020 | 74,799 /yr | |
| 410 | 1-bed | 711 sqft | AED 569KAED 568,700 · Dec 2020December 2020 | 65,000 /yr | |
| 411 | 2-bed | 884 sqft | AED 728KAED 727,600 · Apr 2020April 2020 | 92,000 /yr | |
| 412 | 2-bed | 893 sqft | AED 1.2MAED 1,200,000 · Jan 2024January 2024 | 60,000 /yr | |
| 413 | 1-bed | 710 sqft | AED 595KAED 595,085 · Jul 2021July 2021 | 85,000 /yr | |
| 414 | 1-bed | 708 sqft | AED 720KAED 720,000 · May 2023May 2023 | 84,000 /yr | |
| 415 | 1-bed | 727 sqft | AED 574KAED 574,000 · Mar 2021March 2021 | 84,000 /yr | |
| 416 | 2-bed | 1,331 sqft | AED 1.45MAED 1,450,000 · Apr 2025April 2025 | ||
| 417 | 3-bed | 1,426 sqft | AED 820KAED 820,000 · Feb 2021February 2021 | 140,000 /yr | |
| 418 | 1-bed | 671 sqft | AED 650KAED 650,000 · Dec 2022December 2022 | 70,000 /yr | |
| 419 | 1-bed | 706 sqft | AED 1.06MAED 1,060,000 · Apr 2026April 2026 | ||
| 420 | 1-bed | 706 sqft | AED 880KAED 880,000 · Jun 2024June 2024 | 43,000 /yr | |
| 421 | 1-bed | 706 sqft | AED 630KAED 630,000 · Aug 2021August 2021 | 58,800 /yr | |
| 422 | 1-bed | 760 sqft | AED 689KAED 688,742 · Aug 2021August 2021 | 62,000 /yr |
408, Binghatti Avenue in numbers
- Sold twice: first on 24 November 2021 for AED 700,000, last on 14 December 2023 for AED 875,000 (AED 1,199 per sqft).
- Rented since September 2022 on 2 Ejari contracts, from AED 43,000 to AED 65,000 a year.
- At AED 65,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 11,200 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 7 July 2024.
Questions about 408, Binghatti Avenue
What did unit 408 last sell for?
AED 875,000 on 14 December 2023: AED 1,199 per sqft for 730 sqft. The unit has 2 registered sales; the first was AED 700,000 in November 2021.
What is the rent for unit 408?
AED 65,000 a year on the contract signed on 7 July 2024. The previous contract, from September 2022, was AED 43,000.
How big is unit 408?
730 sqft (67.8 sqm): a one-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.
What is unit 408 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 408, Binghatti Avenue
Starts from the last sale price (AED 875K, 14 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 875,000
- Deposit, UAE resident (20%)
- AED 175,000
- Deposit, non-resident (40%)
- AED 350,000
- Monthly over 25 years at 3.7%
- AED 3,580
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →