3-bed · 2,071 sqftBinghatti Avenue, Al Jadaf · Ground floor · completed 2022

G23, Binghatti Avenue

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

Unit G23 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.56M6 April 2022
Current rentAED 140K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G23, Binghatti Avenue

What is G23 worth today?

Last sold for AED 1,560,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Jul 2024RentedNew contract
AED 140,000/yr12 months · AED 68 per sqft
1 Oct 2023RentedRenewal
AED 122,500/yr12 months · AED 59 per sqft
1 Oct 2022RentedNew contract
AED 117,500/yr12 months · AED 57 per sqft
29 Aug 2022RentedNew contract
AED 108,000/yr12 months · AED 52 per sqft
6 Apr 2022Sold by developerOff-plan
AED 1,560,000AED 753 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
3-bed apartment
Size
2,071 sqft
Floor
Ground of 27
Parking
G-39(Attached G-06)
Developer
Binghatti
Completed
2022
Service charge
AED 31,800 /yr
Last sold
AED 1.56M · April 2022

About G23, Binghatti Avenue

G23 is a three-bedroom apartment of 2,071 sqft on the ground floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 6 April 2022 for AED 1,560,000, or AED 753 per sqft, 7% above the AED 701 three-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 July 2024, is AED 140,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 31,800 a year.

Sales and rents for G23 over time

Sales
Unit G23, each saleTypical three-bed in Binghatti Avenue
1M1.5M2M2020202220242026Typical sale price by year: 2020 AED 889,423; 2021 AED 1,061,250; 2022 AED 1,400,000; 2023 AED 1,500,000; 2024 AED 1,800,000; 2025 AED 1,925,000; 2026 AED 1,845,000Sold by developer, April 2022: AED 1,560,000 (AED 753 per sqft)

G23 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit G23, each contractTypical three-bed in Binghatti Avenue
100K125K202220242026Typical rent by year: 2022 AED 90,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 135,000; 2026 AED 125,000New contract, August 2022: AED 108,000 a yearNew contract, October 2022: AED 117,500 a yearRenewal, October 2023: AED 122,500 a yearNew contract, July 2024: AED 140,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.

3-beds in Binghatti Avenue, and where G23 sits

All 101 3-beds →

G23 last sold in April 2022 at AED 753 per sqft, 7% above what three-beds in Binghatti Avenue were fetching at the time (AED 701). Over the last 12 months three-beds sold for AED 1,443,367 to 2,271,336, around AED 1,047 per sqft, and rent for AED 84,800 to 143,000 a year. G23's AED 140,000 is in the upper half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
8 Oct 20262,000,000
25 Aug 20261,850,000
3 Apr 20261,840,000
2 Apr 20261,580,000
11 3-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 ground floor

All 621 units in Binghatti Avenue
Value
G013-bedAED 2.3M · Sep 2022
G023-bedAED 1.5M · Jan 2022
G033-bedAED 2.15M · Feb 2025
G043-bedAED 1.49M · Nov 2021
G053-bedAED 2.27M · Nov 2025
G063-bedAED 1.4M · Nov 2021
G073-bedAED 2.2M · Oct 2024
1–7 of 27

G23, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 6 April 2022 for AED 1,560,000, or AED 753 per sqft.
  • Rented since August 2022 on 4 Ejari contracts, from AED 108,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 31,800 a year (AED 15.37 per sqft).
  • Three-beds in Binghatti Avenue sold for AED 1,443,367–2,271,336 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 July 2024.

Questions about G23, Binghatti Avenue

What did unit G23 last sell for?

AED 1,560,000 on 6 April 2022, sold by the developer: AED 753 per sqft for 2,071 sqft. It is the only registered sale of the unit.

What is the rent for unit G23?

AED 140,000 a year on the contract signed on 1 July 2024. The previous contract, from October 2023, was AED 122,500; the unit has been rented since August 2022.

How big is unit G23?

2,071 sqft (192.4 sqm): a three-bedroom apartment on the ground floor of a 27-storey tower completed in 2022.

What is unit G23 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Binghatti Avenue sold for AED 1,443,367 to 2,271,336 in the last 12 months, around AED 1,047 per sqft.

Selling G23? 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.

How OpenOffers works

Mortgage on G23, Binghatti Avenue

Starts from the last sale price (AED 1.56M, 6 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,560,000
Deposit, UAE resident (20%)
AED 312,000
Deposit, non-resident (40%)
AED 624,000
Monthly over 25 years at 3.7%
AED 6,382

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