2-bed · 1,323 sqftBinghatti Avenue, Al Jadaf · 7th floor · completed 2022

716, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in April 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 716 · DLD and Ejari recordsUpdated 9 October 2024
Last soldAED 816K25 April 2021
Current rentAED 85K /yr9 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 716, Binghatti Avenue

What is 716 worth today?

Last sold for AED 815,721 in 2021

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9 Oct 2024RentedRenewal
AED 84,700/yr12 months · AED 64 per sqft
9 Oct 2024RentedRenewal
AED 84,700/yr12 months · AED 64 per sqft
8 Oct 2024RentedRenewal
AED 84,700/yr12 months · AED 64 per sqft
9 Oct 2023RentedRenewal
AED 77,000/yr12 months · AED 58 per sqft
9 Oct 2022RentedNew contract
AED 70,000/yr12 months · AED 53 per sqft
25 Apr 2021Sold by developerOff-plan
AED 815,721AED 616 per sqft

Source: Dubai Land Department. Updated 9 October 2024.

Key facts

Type
2-bed apartment
Size
1,323 sqft
Floor
7th of 27
Parking
P1-135
Developer
Binghatti
Completed
2022
Service charge
AED 20,300 /yr
Last sold
AED 816K · April 2021

About 716, Binghatti Avenue

716 is a two-bedroom apartment of 1,323 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 25 April 2021 for AED 815,721, or AED 616 per sqft, 13% below the AED 711 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 9 October 2024, is AED 84,700 a year: a gross yield of 10.4% on the 2021 price, before the service charge of about AED 20,300 a year.

Sales and rents for 716 over time

Sales
Unit 716, 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 2021: AED 815,721 (AED 616 per sqft)

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

Rents
Unit 716, each contractTypical two-bed in Binghatti Avenue
80K100K202220242026Typical rent by year: 2022 AED 70,000; 2023 AED 80,000; 2024 AED 90,000; 2025 AED 100,000; 2026 AED 96,500New contract, October 2022: AED 70,000 a yearRenewal, October 2023: AED 77,000 a yearRenewal, October 2024: AED 84,700 a yearRenewal, October 2024: AED 84,700 a yearRenewal, October 2024: AED 84,700 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 716 sits

All 110 2-beds →

716 last sold in April 2021 at AED 616 per sqft, 13% below what two-beds in Binghatti Avenue were fetching at the time (AED 711). 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. 716's AED 84,700 is in the lower half 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 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
7041-bedAED 650K · Nov 2020
7051-bedAED 1M · Jul 2026
7063-bedAED 930K · Apr 2021
7072-bedAED 875K · Feb 2021
1–7 of 21

716, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 25 April 2021 for AED 815,721, or AED 616 per sqft.
  • Rented since October 2022 on 5 Ejari contracts, from AED 70,000 to AED 84,700 a year.
  • At AED 84,700 a year the gross yield on the 2021 price is 10.4%, 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 9 October 2024.

Questions about 716, Binghatti Avenue

What did unit 716 last sell for?

AED 815,721 on 25 April 2021, sold by the developer: AED 616 per sqft for 1,323 sqft. It is the only registered sale of the unit.

What is the rent for unit 716?

AED 84,700 a year on the contract renewed on 9 October 2024. The previous contract, from October 2024, was AED 84,700; the unit has been rented since October 2022.

How big is unit 716?

1,323 sqft (122.9 sqm): a two-bedroom apartment on the 7th floor of a 27-storey tower completed in 2022.

What is unit 716 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 716, Binghatti Avenue

Starts from the last sale price (AED 816K, 25 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 815,721
Deposit, UAE resident (20%)
AED 163,144
Deposit, non-resident (40%)
AED 326,288
Monthly over 25 years at 3.7%
AED 3,337

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