1603, Binghatti Azure
Sold prices and rental history: sold once, by the developer in May 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1603, Binghatti Azure
What is 1603 worth today?
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Source: Dubai Land Department. Updated 20 July 2026.
Key facts
- Type
- Studio apartment
- Size
- 386 sqft
- Floor
- 16th of 20
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2024
- Last sold
- AED 575K · May 2024
- Building
- Binghatti Azure
About 1603, Binghatti Azure
1603 is a studio of 386 sqft on the 16th floor of Binghatti Azure, a 20-storey tower in Jumeirah Village Circle (JVC) completed in 2024 by Binghatti. The developer sold it on 3 May 2024 for AED 575,000, or AED 1,488 per sqft, in line with the AED 1,523 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 20 July 2026, is AED 50,000 a year: a gross yield of 8.7% on the 2024 price.
Sales and rents for 1603 over time
1603 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Binghatti Azure, and where 1603 sits
All 343 studios →1603 last sold in May 2024 at AED 1,488 per sqft, in line with what studios in Binghatti Azure were fetching at the time (AED 1,523). Over the last 12 months studios sold for AED 540,000 to 740,000, around AED 1,745 per sqft, and rent for AED 21,000 to 85,000 a year. 1603's AED 50,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Oct 202623 October 2026 | 359 sqft | 664,000 | 1,850 | ||
| 8 Oct 20268 October 2026 | 383 sqft | 595,000 | 1,554 | ||
| 8 Oct 20268 October 2026 | 382 sqft | 595,000 | 1,557 | ||
| 14 Sep 202614 September 2026 | 339 sqft | 630,000 | 1,856 |
Binghatti Azure
Building582 apartments, studios to 2-bed over 20 floors in Jumeirah Village Circle (JVC), completed in 2024 by Binghatti. 69 sold in the last 12 months.
- Typical price per sqft
- AED 1,574 Down 2.5%
- Typical sale
- AED 710K
- Typical rent
- AED 55K /yr
- Typical yield
- 7.4%
Other units on the 16th floor
All 582 units in Binghatti Azure| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1601 | 1-bed | 984 sqft | AED 1.23MAED 1,231,000 · Sep 2026September 2026 | ||
| 1602 | Studio | 392 sqft | AED 610KAED 610,000 · Apr 2024April 2024 | 42,000 /yr | |
| 1604 | Studio | 395 sqft | AED 670KAED 670,000 · May 2025May 2025 | ||
| 1605 | Studio | 395 sqft | AED 599KAED 599,400 · Apr 2024April 2024 | 40,000 /yr | |
| 1606 | Studio | 395 sqft | AED 570KAED 570,000 · Nov 2024November 2024 | 50,000 /yr | |
| 1607 | Studio | 395 sqft | AED 570KAED 570,000 · May 2024May 2024 | 45,000 /yr | |
| 1608 | Studio | 392 sqft | AED 599KAED 599,200 · Apr 2024April 2024 | 44,000 /yr | |
| 1609 | Studio | 401 sqft | AED 560KAED 560,000 · Apr 2024April 2024 | 52,000 /yr | |
| 1610 | 1-bed | 959 sqft | AED 850KAED 850,000 · May 2024May 2024 | 80,000 /yr |
1603, Binghatti Azure in numbers
- Sold once: by Binghatti on 3 May 2024 for AED 575,000, or AED 1,488 per sqft.
- Rented since July 2025 on 2 Ejari contracts, at AED 50,000 a year.
- At AED 50,000 a year the gross yield on the 2024 price is 8.7%.
- Studios in Binghatti Azure sold for AED 540,000–740,000 in the 12 months to November 2026; the building's median across all types is AED 1,574 per sqft.
Source: Dubai Land Department. Updated 20 July 2026.
Questions about 1603, Binghatti Azure
What did unit 1603 last sell for?
AED 575,000 on 3 May 2024, sold by the developer: AED 1,488 per sqft for 386 sqft. It is the only registered sale of the unit.
What is the rent for unit 1603?
AED 50,000 a year on the contract renewed on 20 July 2026. The previous contract, from July 2025, was AED 50,000.
How big is unit 1603?
386 sqft (35.9 sqm): a studio on the 16th floor of a 20-storey tower completed in 2024.
What is unit 1603 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Azure sold for AED 540,000 to 740,000 in the last 12 months, around AED 1,745 per sqft.
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Mortgage on 1603, Binghatti Azure
Starts from the last sale price (AED 575K, 3 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 575,000
- Deposit, UAE resident (20%)
- AED 115,000
- Deposit, non-resident (40%)
- AED 230,000
- Monthly over 25 years at 3.7%
- AED 2,353
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →