2-bed · 957 sqftBinghatti Crest, Jumeirah Village Circle (JVC) · 3rd floor · completed 2023

308, Binghatti Crest

Sold prices and rental history: sold once, by the developer in December 2022, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 850K20 December 2022
Current rentAED 100K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Binghatti Crest

What is 308 worth today?

Last sold for AED 850,000 in 2022

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25 Apr 2024RentedNew contract
AED 100,000/yr12 months · AED 104 per sqft
20 Dec 2022Sold by developerOff-plan
AED 850,000AED 888 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
2-bed apartment
Size
957 sqft
Floor
3rd of 19
Parking
1
Developer
Binghatti
Completed
2023
Last sold
AED 850K · December 2022

About 308, Binghatti Crest

308 is a two-bedroom apartment of 957 sqft on the 3rd floor of Binghatti Crest, a 19-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Binghatti. The developer sold it on 20 December 2022 for AED 850,000, or AED 888 per sqft, 8% above the AED 826 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 25 April 2024. The current contract, signed on 25 April 2024, is AED 100,000 a year: a gross yield of 11.8% on the 2022 price.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical two-bed in Binghatti Crest
750K1M1.25M202220242026Typical sale price by year: 2022 AED 792,500; 2023 AED 815,000; 2024 AED 1,245,000; 2025 AED 1,215,000; 2026 AED 1,240,000Sold by developer, December 2022: AED 850,000 (AED 888 per sqft)

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

Rents
Unit 308, each contractTypical two-bed in Binghatti Crest
95K98K100K2024202520262027Typical rent by year: 2024 AED 100,000; 2025 AED 95,000; 2026 AED 96,000New contract, April 2024: AED 100,000 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 Crest, and where 308 sits

All 38 2-beds →

308 last sold in December 2022 at AED 888 per sqft, 8% above what two-beds in Binghatti Crest were fetching at the time (AED 826). Over the last 12 months two-beds sold for AED 1,220,000 to 1,490,000, around AED 1,305 per sqft, and rent for AED 80,000 to 130,000 a year. 308's AED 100,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
29 Oct 20261,220,000
7 May 20261,240,000
27 Apr 20261,490,000
27 Nov 20251,355,000
5 2-bed sales in the last 12 months

Binghatti Crest

Building

170 apartments, 1-bed to 3-bed over 19 floors in Jumeirah Village Circle (JVC), completed in 2023 by Binghatti. 19 sold in the last 12 months.

Typical price per sqft
AED 1,383 Up 3.6%
Typical sale
AED 965K
Typical rent
AED 75K /yr
Typical yield
7.1%
Binghatti Crest, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 3rd floor

All 170 units in Binghatti Crest
Value
3011-bedAED 530K · Dec 2022
3021-bedAED 552K · Nov 2022
3033-bedAED 1.45M · Mar 2024
3042-bedAED 785K · Dec 2022
3051-bedAED 585K · Dec 2022
3061-bedAED 975K · Jan 2026
3073-bedAED 1.06M · Dec 2022
1–7 of 8

308, Binghatti Crest in numbers

  • Sold once: by Binghatti on 20 December 2022 for AED 850,000, or AED 888 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 11.8%.
  • Two-beds in Binghatti Crest sold for AED 1,220,000–1,490,000 in the 12 months to November 2026; the building's median across all types is AED 1,383 per sqft.

Source: Dubai Land Department. Updated 25 April 2024.

Questions about 308, Binghatti Crest

What did unit 308 last sell for?

AED 850,000 on 20 December 2022, sold by the developer: AED 888 per sqft for 957 sqft. It is the only registered sale of the unit.

What is the rent for unit 308?

AED 100,000 a year on the contract signed on 25 April 2024.

How big is unit 308?

957 sqft (88.9 sqm): a two-bedroom apartment on the 3rd floor of a 19-storey tower completed in 2023.

What is unit 308 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Crest sold for AED 1,220,000 to 1,490,000 in the last 12 months, around AED 1,305 per sqft.

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Mortgage on 308, Binghatti Crest

Starts from the last sale price (AED 850K, 20 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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