Studio · 413 sqftBinghatti Phoenix, Jumeirah Village Circle (JVC) · 2nd floor

247, Binghatti Phoenix

Sold prices and rental history: sold once, by the developer in August 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 247 · DLD and Ejari recordsUpdated 12 August 2024
Last soldAED 697K12 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 247, Binghatti Phoenix

What is 247 worth today?

Last sold for AED 696,899 in 2024

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12 Aug 2024Sold by developerOff-plan
AED 696,899AED 1,686 per sqft

Source: Dubai Land Department. Updated 12 August 2024.

Key facts

Type
Studio apartment
Size
413 sqft
Floor
2nd of 8
Parking
1
Developer
Binghatti
Last sold
AED 697K · August 2024

About 247, Binghatti Phoenix

247 is a studio of 413 sqft on the 2nd floor of Binghatti Phoenix, a 8-storey tower in Jumeirah Village Circle (JVC) by Binghatti. The developer sold it on 12 August 2024 for AED 696,899, or AED 1,686 per sqft, in line with the AED 1,645 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 247 over time

Sales
Unit 247, each saleTypical studio in Binghatti Phoenix
700K710K2024202520262027Typical sale price by year: 2024 AED 700,000; 2025 AED 700,000; 2026 AED 716,000Sold by developer, August 2024: AED 696,899 (AED 1,686 per sqft)

247 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 247, each contractTypical studio in Binghatti Phoenix
60K202520262027Typical rent by year: 2025 AED 60,000; 2026 AED 60,000

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

Studios in Binghatti Phoenix, and where 247 sits

All 95 studios →

247 last sold in August 2024 at AED 1,686 per sqft, in line with what studios in Binghatti Phoenix were fetching at the time (AED 1,645). Over the last 12 months studios sold for AED 650,000 to 805,000, around AED 1,704 per sqft, and rent for AED 40,000 to 87,600 a year.

Recent studio salesUnit no.Price (AED)Summary
14 Sep 2026702,000
18 Aug 2026686,000
26 Jun 2026690,000
14 May 2026700,000
10 studio sales in the last 12 months

Binghatti Phoenix

Building

429 apartments, studios to 2-bed over 8 floors in Jumeirah Village Circle (JVC) by Binghatti. 97 sold in the last 12 months.

Typical price per sqft
AED 1,502 Up 16.5%
Typical sale
AED 1.17M
Typical rent
AED 85K /yr
Typical yield
7.4%
Binghatti Phoenix, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 2nd floor

All 429 units in Binghatti Phoenix
Value
2011-bedAED 900K · Nov 2024
2021-bedAED 1M · Jun 2026
2031-bedAED 1.1M · Feb 2026
2041-bedAED 950K · Sep 2024
2051-bedAED 900K · Nov 2024
2061-bedAED 900K · Apr 2025
2071-bedAED 950K · May 2025
1–7 of 54

247, Binghatti Phoenix in numbers

  • Sold once: by Binghatti on 12 August 2024 for AED 696,899, or AED 1,686 per sqft.
  • Studios in Binghatti Phoenix sold for AED 650,000–805,000 in the 12 months to November 2026; the building's median across all types is AED 1,502 per sqft.

Source: Dubai Land Department. Updated 12 August 2024.

Questions about 247, Binghatti Phoenix

What did unit 247 last sell for?

AED 696,899 on 12 August 2024, sold by the developer: AED 1,686 per sqft for 413 sqft. It is the only registered sale of the unit.

How big is unit 247?

413 sqft (38.4 sqm): a studio on the 2nd floor of a 8-storey tower.

What is unit 247 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Phoenix sold for AED 650,000 to 805,000 in the last 12 months, around AED 1,704 per sqft.

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Mortgage on 247, Binghatti Phoenix

Starts from the last sale price (AED 697K, 12 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 696,899
Deposit, UAE resident (20%)
AED 139,380
Deposit, non-resident (40%)
AED 278,760
Monthly over 25 years at 3.7%
AED 2,851

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