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2-bed · 893 sqftBinghatti Avenue, Al Jadaf · 4th floor · completed 2022

412, Binghatti Avenue

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

Unit 412 · DLD and Ejari recordsUpdated 31 January 2024
Last soldAED 1.2M31 January 2024
Current rentAED 60K /yr15 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 412, Binghatti Avenue

What is 412 worth today?

Last sold for AED 1,200,000 in 2024

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31 Jan 2024SoldReady
AED 1,200,000AED 1,343 per sqft
15 Sep 2022RentedNew contract
AED 60,000/yr13 months · AED 67 per sqft
15 Apr 2020Sold by developerOff-plan
AED 795,000AED 890 per sqft

Source: Dubai Land Department. Updated 31 January 2024.

Key facts

Type
2-bed apartment
Size
893 sqft
Floor
4th of 27
Parking
M-31
Developer
Binghatti
Completed
2022
Service charge
AED 13,700 /yr
Last sold
AED 1.2M · January 2024
Building
Binghatti Avenue

About 412, Binghatti Avenue

412 is a two-bedroom apartment of 893 sqft on the 4th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 31 January 2024 for AED 1,200,000, or AED 1,343 per sqft, 43% above the AED 938 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 September 2022. The current contract, signed on 15 September 2022, is AED 60,000 a year: a gross yield of 5.0% on the 2024 price, before the service charge of about AED 13,700 a year.

Sales and rents for 412 over time

Sales
Unit 412, 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, April 2020: AED 795,000 (AED 890 per sqft)Sold, January 2024: AED 1,200,000 (AED 1,343 per sqft)

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

Rents
Unit 412, each contractTypical two-bed in Binghatti Avenue
60K80K100K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 80,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 96,500New contract, September 2022: AED 60,000 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 412 sits

All 110 2-beds →

412 last sold in January 2024 at AED 1,343 per sqft, 43% above what two-beds in Binghatti Avenue were fetching at the time (AED 938). 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. 412's AED 60,000 is at the bottom 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 4th floor

All 621 units in Binghatti Avenue
Value
4011-bedAED 680K · Nov 2022
4021-bedAED 660K · Aug 2021
4031-bedAED 613K · Feb 2021
4041-bedAED 950K · Dec 2025
4051-bedAED 511K · Dec 2020
4063-bedAED 1.65M · Sep 2023
4072-bedAED 833K · Mar 2021
1–7 of 21

412, Binghatti Avenue in numbers

  • Sold twice: first on 15 April 2020 for AED 795,000, last on 31 January 2024 for AED 1,200,000 (AED 1,343 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2024 price is 5.0%, before a service charge of about AED 13,700 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 31 January 2024.

Questions about 412, Binghatti Avenue

What did unit 412 last sell for?

AED 1,200,000 on 31 January 2024: AED 1,343 per sqft for 893 sqft. The unit has 2 registered sales; the first was AED 795,000 in April 2020.

What is the rent for unit 412?

AED 60,000 a year on the contract signed on 15 September 2022.

How big is unit 412?

893 sqft (83.0 sqm): a two-bedroom apartment on the 4th floor of a 27-storey tower completed in 2022.

What is unit 412 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 412, Binghatti Avenue

Starts from the last sale price (AED 1.2M, 31 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

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