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1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 6th floor · completed 2022

621, Binghatti Avenue

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

Unit 621 · DLD and Ejari recordsUpdated 2 November 2023
Last soldAED 640K31 August 2022
Current rentAED 55K /yr2 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 621, Binghatti Avenue

What is 621 worth today?

Last sold for AED 640,000 in 2022

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2 Nov 2023RentedRenewal
AED 55,000/yr12 months · AED 77 per sqft
2 Nov 2022RentedNew contract
AED 50,000/yr12 months · AED 70 per sqft
31 Aug 2022SoldReady
AED 640,000AED 906 per sqft
24 Nov 2020Sold by developerOff-plan
AED 650,000AED 920 per sqft

Source: Dubai Land Department. Updated 2 November 2023.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
6th of 27
Parking
P1-21
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 640K · August 2022
Building
Binghatti Avenue

About 621, Binghatti Avenue

621 is a one-bedroom apartment of 706 sqft on the 6th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 31 August 2022 for AED 640,000, or AED 906 per sqft, in line with the AED 908 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 2 November 2023, is AED 55,000 a year: a gross yield of 8.6% on the 2022 price, before the service charge of about AED 10,900 a year.

Sales and rents for 621 over time

Sales
Unit 621, each saleTypical one-bed in Binghatti Avenue
600K800K1M2020202220242026Typical sale price by year: 2020 AED 586,601; 2021 AED 601,680; 2022 AED 680,000; 2023 AED 780,000; 2024 AED 900,000; 2025 AED 1,000,000; 2026 AED 1,020,000Sold by developer, November 2020: AED 650,000 (AED 920 per sqft)Sold, August 2022: AED 640,000 (AED 906 per sqft)

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

Rents
Unit 621, each contractTypical one-bed in Binghatti Avenue
50K60K70K202220242026Typical rent by year: 2022 AED 48,000; 2023 AED 55,200; 2024 AED 66,500; 2025 AED 70,000; 2026 AED 69,626New contract, November 2022: AED 50,000 a yearRenewal, November 2023: AED 55,000 a year

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 621 sits

All 426 1-beds →

621 last sold in August 2022 at AED 906 per sqft, in line with what one-beds in Binghatti Avenue were fetching at the time (AED 908). 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. 621's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Oct 20261,010,000
28 Oct 2026900,000
27 Oct 20261,070,000
19 Oct 20261,100,000
31 1-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 6th floor

All 621 units in Binghatti Avenue
Value
6011-bedAED 689K · Jun 2020
6021-bedAED 770K · Aug 2023
6031-bedAED 830K · Jul 2023
6041-bedAED 840K · Aug 2023
6051-bedAED 553K · May 2020
6063-bedAED 1.44M · Jan 2026
6072-bedAED 1.05M · May 2023
1–7 of 21

621, Binghatti Avenue in numbers

  • Sold twice: first on 24 November 2020 for AED 650,000, last on 31 August 2022 for AED 640,000 (AED 906 per sqft).
  • Rented since November 2022 on 2 Ejari contracts, from AED 50,000 to AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2022 price is 8.6%, before a service charge of about AED 10,900 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 2 November 2023.

Questions about 621, Binghatti Avenue

What did unit 621 last sell for?

AED 640,000 on 31 August 2022: AED 906 per sqft for 706 sqft. The unit has 2 registered sales; the first was AED 650,000 in November 2020.

What is the rent for unit 621?

AED 55,000 a year on the contract renewed on 2 November 2023. The previous contract, from November 2022, was AED 50,000.

How big is unit 621?

706 sqft (65.6 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2022.

What is unit 621 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 621, Binghatti Avenue

Starts from the last sale price (AED 640K, 31 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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