516, Binghatti Avenue
Sold prices and rental history: sold once, by the developer in February 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Binghatti Avenue
What is 516 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 5th of 27
- Parking
- M-18
- Developer
- Binghatti
- Completed
- 2022
- Service charge
- AED 20,300 /yr
- Last sold
- AED 810K · February 2021
- Building
- Binghatti Avenue
About 516, Binghatti Avenue
516 is a two-bedroom apartment of 1,323 sqft on the 5th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 4 February 2021 for AED 810,100, or AED 612 per sqft, 15% below the AED 721 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 85,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 20,300 a year.
Sales and rents for 516 over time
516 has sold once; the dashed line is the two-bed median of each year in the building.
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 516 sits
All 110 2-beds →516 last sold in February 2021 at AED 612 per sqft, 15% below what two-beds in Binghatti Avenue were fetching at the time (AED 721). 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. 516's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Sep 20265 September 2026 | 893 sqft | 1,230,000 | 1,377 | ||
| 6 Aug 20266 August 2026 | 896 sqft | 1,350,000 | 1,506 | ||
| 5 Aug 20265 August 2026 | 893 sqft | 1,330,000 | 1,488 | ||
| 9 Feb 20269 February 2026 | 896 sqft | 1,300,000 | 1,451 |
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 5th floor
All 621 units in Binghatti Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 760 sqft | AED 990KAED 990,000 · Feb 2026February 2026 | 70,000 /yr | |
| 502 | 1-bed | 706 sqft | AED 660KAED 660,000 · Jan 2023January 2023 | 83,000 /yr | |
| 503 | 1-bed | 706 sqft | AED 620KAED 620,000 · Nov 2020November 2020 | ||
| 504 | 1-bed | 706 sqft | AED 600KAED 600,000 · Dec 2020December 2020 | ||
| 505 | 1-bed | 671 sqft | AED 670KAED 670,000 · Jun 2022June 2022 | 80,000 /yr | |
| 506 | 3-bed | 1,426 sqft | AED 945KAED 945,140 · Nov 2020November 2020 | ||
| 507 | 2-bed | 1,331 sqft | AED 800KAED 800,000 · Mar 2021March 2021 | 120,000 /yr | |
| 508 | 1-bed | 727 sqft | AED 630KAED 629,700 · Apr 2021April 2021 | 80,000 /yr | |
| 509 | 1-bed | 708 sqft | AED 1MAED 1,000,000 · Feb 2026February 2026 | 63,000 /yr | |
| 510 | 1-bed | 710 sqft | AED 900KAED 900,000 · Feb 2024February 2024 | 85,000 /yr | |
| 511 | 2-bed | 893 sqft | AED 870KAED 870,000 · Jul 2022July 2022 | 80,000 /yr | |
| 512 | 2-bed | 896 sqft | AED 855KAED 855,000 · Sep 2022September 2022 | ||
| 513 | 1-bed | 710 sqft | AED 571KAED 570,696 · Jan 2021January 2021 | 60,000 /yr | |
| 514 | 1-bed | 708 sqft | AED 571KAED 570,696 · Jan 2021January 2021 | 59,716 /yr | |
| 515 | 1-bed | 730 sqft | AED 750KAED 750,000 · Jan 2024January 2024 | ||
| 518 | 1-bed | 671 sqft | AED 524KAED 523,624 · Dec 2020December 2020 | 62,000 /yr | |
| 519 | 1-bed | 706 sqft | AED 980KAED 980,000 · Oct 2025October 2025 | 70,000 /yr | |
| 520 | 1-bed | 706 sqft | AED 700KAED 700,000 · Dec 2022December 2022 | 85,000 /yr | |
| 521 | 1-bed | 706 sqft | AED 800KAED 800,000 · Oct 2023October 2023 | 65,000 /yr | |
| 522 | 1-bed | 758 sqft | AED 608KAED 607,600 · Apr 2021April 2021 | 48,000 /yr |
516, Binghatti Avenue in numbers
- Sold once: by Binghatti on 4 February 2021 for AED 810,100, or AED 612 per sqft.
- Rented since September 2022 on 4 Ejari contracts, from AED 70,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2021 price is 10.5%, 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 1 September 2024.
Questions about 516, Binghatti Avenue
What did unit 516 last sell for?
AED 810,100 on 4 February 2021, sold by the developer: AED 612 per sqft for 1,323 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 85,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2024, was AED 85,000; the unit has been rented since September 2022.
How big is unit 516?
1,323 sqft (122.9 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.
What is unit 516 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.
Selling 516? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 516, Binghatti Avenue
Starts from the last sale price (AED 810K, 4 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 810,100
- Deposit, UAE resident (20%)
- AED 162,020
- Deposit, non-resident (40%)
- AED 324,040
- Monthly over 25 years at 3.7%
- AED 3,314
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →