1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 7th floor · completed 2022

704, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in November 2020, and rented once, from February 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 1 February 2023
Last soldAED 650K24 November 2020
Current rentAED 65K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 704, Binghatti Avenue

What is 704 worth today?

Last sold for AED 650,000 in 2020

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1 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 92 per sqft
24 Nov 2020Sold by developerOff-plan
AED 650,000AED 920 per sqft

Source: Dubai Land Department. Updated 1 February 2023.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
7th of 27
Parking
B-04
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 650K · November 2020

About 704, Binghatti Avenue

704 is a one-bedroom apartment of 706 sqft on the 7th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 24 November 2020 for AED 650,000, or AED 920 per sqft, 5% above the AED 878 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2023. The current contract, signed on 1 February 2023, is AED 65,000 a year: a gross yield of 10.0% on the 2020 price, before the service charge of about AED 10,900 a year.

Sales and rents for 704 over time

Sales
Unit 704, 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)

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

Rents
Unit 704, 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, February 2023: AED 65,000 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 704 sits

All 426 1-beds →

704 last sold in November 2020 at AED 920 per sqft, 5% above what one-beds in Binghatti Avenue were fetching at the time (AED 878). 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. 704's AED 65,000 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 7th floor

All 621 units in Binghatti Avenue
Value
7011-bedAED 700K · Oct 2022
7021-bedAED 678K · Jul 2021
7031-bedAED 1.09M · May 2025
7051-bedAED 1M · Jul 2026
7063-bedAED 930K · Apr 2021
7072-bedAED 875K · Feb 2021
7081-bedAED 573K · Apr 2021
1–7 of 21

704, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 24 November 2020 for AED 650,000, or AED 920 per sqft.
  • Rented since February 2023 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2020 price is 10.0%, 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 1 February 2023.

Questions about 704, Binghatti Avenue

What did unit 704 last sell for?

AED 650,000 on 24 November 2020, sold by the developer: AED 920 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 704?

AED 65,000 a year on the contract signed on 1 February 2023.

How big is unit 704?

706 sqft (65.6 sqm): a one-bedroom apartment on the 7th floor of a 27-storey tower completed in 2022.

What is unit 704 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 704, Binghatti Avenue

Starts from the last sale price (AED 650K, 24 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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