248, Binghatti Phoenix
Sold prices and rental history: sold once, by the developer in July 2024, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 248, Binghatti Phoenix
What is 248 worth today?
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Source: Dubai Land Department. Updated 30 August 2026.
Key facts
- Type
- Studio apartment
- Size
- 409 sqft
- Floor
- 2nd of 8
- Parking
- 1
- Developer
- Binghatti
- Last sold
- AED 673K · July 2024
- Building
- Binghatti Phoenix
About 248, Binghatti Phoenix
248 is a studio of 409 sqft on the 2nd floor of Binghatti Phoenix, a 8-storey tower in Jumeirah Village Circle (JVC) by Binghatti. The developer sold it on 24 July 2024 for AED 673,054, or AED 1,645 per sqft, in line with the AED 1,641 studios in the building were fetching at the time.
It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 30 August 2026, is AED 40,000 a year: a gross yield of 5.9% on the 2024 price.
Sales and rents for 248 over time
248 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 Phoenix, and where 248 sits
All 95 studios →248 last sold in July 2024 at AED 1,645 per sqft, in line with what studios in Binghatti Phoenix were fetching at the time (AED 1,641). 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. 248's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Sep 202614 September 2026 | 433 sqft | 702,000 | 1,620 | ||
| 18 Aug 202618 August 2026 | 498 sqft | 686,000 | 1,376 | ||
| 26 Jun 202626 June 2026 | 498 sqft | 690,000 | 1,384 | ||
| 14 May 202614 May 2026 | 413 sqft | 700,000 | 1,694 |
Binghatti Phoenix
Building429 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%
Other units on the 2nd floor
All 429 units in Binghatti Phoenix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 1-bed | 832 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | 80,000 /yr | |
| 202 | 1-bed | 794 sqft | AED 1MAED 1,000,000 · Jun 2026June 2026 | ||
| 203 | 1-bed | 800 sqft | AED 1.1MAED 1,100,000 · Feb 2026February 2026 | ||
| 204 | 1-bed | 796 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | ||
| 205 | 1-bed | 796 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | ||
| 206 | 1-bed | 796 sqft | AED 900KAED 900,000 · Apr 2025April 2025 | 80,000 /yr | |
| 207 | 1-bed | 796 sqft | AED 950KAED 950,000 · May 2025May 2025 | 74,000 /yr | |
| 208 | Studio | 409 sqft | AED 687KAED 686,799 · Jul 2024July 2024 | 60,000 /yr | |
| 209 | Studio | 409 sqft | AED 730KAED 729,724 · Jul 2024July 2024 | 60,000 /yr | |
| 210 | Studio | 413 sqft | AED 666KAED 665,887 · Jul 2024July 2024 | ||
| 211 | 2-bed | 1,138 sqft | AED 1.45MAED 1,450,000 · Nov 2024November 2024 | ||
| 212 | 1-bed | 792 sqft | AED 1.02MAED 1,018,000 · Jul 2024July 2024 | ||
| 213 | 1-bed | 765 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | ||
| 214 | 1-bed | 765 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | 76,140 /yr | |
| 215 | Studio | 498 sqft | AED 686KAED 686,000 · Aug 2026August 2026 | 45,000 /yr | |
| 216 | Studio | 426 sqft | AED 730KAED 729,724 · Oct 2024October 2024 | ||
| 217 | 2-bed | 1,158 sqft | AED 1.6MAED 1,600,000 · Nov 2024November 2024 | 120,000 /yr | |
| 218 | 2-bed | 1,163 sqft | AED 1.89MAED 1,890,000 · Mar 2026March 2026 | ||
| 219 | Studio | 429 sqft | AED 751KAED 751,186 · Jul 2024July 2024 | ||
| 220 | 1-bed | 744 sqft | AED 1.03MAED 1,028,499 · Dec 2024December 2024 | 80,000 /yr | |
| 221 | 1-bed | 760 sqft | AED 1.13MAED 1,130,000 · Jul 2026July 2026 | 90,000 /yr | |
| 222 | 1-bed | 766 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 92,000 /yr | |
| 223 | 2-bed | 1,165 sqft | AED 1.45MAED 1,450,000 · Nov 2024November 2024 | ||
| 224 | 1-bed | 796 sqft | AED 1.04MAED 1,044,999 · Sep 2024September 2024 | 78,000 /yr | |
| 225 | 1-bed | 796 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | 90,000 /yr | |
| 226 | 1-bed | 799 sqft | AED 1.08MAED 1,080,000 · Nov 2025November 2025 | ||
| 227 | 1-bed | 799 sqft | AED 1MAED 1,000,000 · Jul 2025July 2025 | 85,000 /yr | |
| 228 | 1-bed | 799 sqft | AED 1.04MAED 1,044,999 · Nov 2024November 2024 | ||
| 229 | 1-bed | 799 sqft | AED 1.2MAED 1,200,000 · Jan 2026January 2026 | 95,000 /yr | |
| 230 | 1-bed | 799 sqft | AED 960KAED 960,000 · Mar 2025March 2025 | ||
| 231 | 1-bed | 799 sqft | AED 970KAED 970,000 · Dec 2024December 2024 | 90,000 /yr | |
| 232 | 1-bed | 799 sqft | AED 1.25MAED 1,250,000 · Mar 2026March 2026 | ||
| 233 | 1-bed | 800 sqft | AED 1.2MAED 1,200,000 · Dec 2025December 2025 | ||
| 234 | 2-bed | 1,165 sqft | AED 1.45MAED 1,450,000 · Nov 2024November 2024 | ||
| 235 | 1-bed | 765 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 92,000 /yr | |
| 236 | 1-bed | 765 sqft | AED 900KAED 900,000 · Nov 2024November 2024 | 93,000 /yr | |
| 237 | 1-bed | 744 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | 95,000 /yr | |
| 238 | Studio | 429 sqft | AED 700KAED 700,000 · Sep 2024September 2024 | 60,000 /yr | |
| 239 | 2-bed | 1,163 sqft | AED 1.4MAED 1,400,000 · Sep 2024September 2024 | 140,000 /yr | |
| 240 | 2-bed | 1,158 sqft | AED 1.45MAED 1,450,000 · Nov 2024November 2024 | ||
| 241 | Studio | 426 sqft | AED 687KAED 686,799 · Dec 2024December 2024 | 67,000 /yr | |
| 242 | Studio | 498 sqft | AED 773KAED 772,649 · Sep 2024September 2024 | ||
| 243 | 1-bed | 765 sqft | AED 1.03MAED 1,026,113 · Jul 2024July 2024 | 74,799 /yr | |
| 244 | 1-bed | 765 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 80,000 /yr | |
| 245 | 1-bed | 792 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 82,000 /yr | |
| 246 | 2-bed | 1,138 sqft | AED 1.45MAED 1,450,000 · Dec 2024December 2024 | ||
| 247 | Studio | 413 sqft | AED 697KAED 696,899 · Aug 2024August 2024 | ||
| 249 | Studio | 409 sqft | AED 670KAED 669,629 · Jul 2024July 2024 | 48,000 /yr | |
| 250 | 1-bed | 796 sqft | AED 1MAED 1,000,000 · Dec 2024December 2024 | ||
| 251 | 1-bed | 796 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 88,000 /yr | |
| 252 | 1-bed | 796 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 90,000 /yr | |
| 253 | 1-bed | 796 sqft | AED 945KAED 945,000 · Sep 2024September 2024 | 75,000 /yr | |
| 254 | 1-bed | 799 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | 80,000 /yr | |
| 255 | 1-bed | 793 sqft | AED 700KAED 700,000 · Dec 2024December 2024 |
248, Binghatti Phoenix in numbers
- Sold once: by Binghatti on 24 July 2024 for AED 673,054, or AED 1,645 per sqft.
- Rented since January 2026 on 2 Ejari contracts, from AED 65,000 to AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2024 price is 5.9%.
- 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 30 August 2026.
Questions about 248, Binghatti Phoenix
What did unit 248 last sell for?
AED 673,054 on 24 July 2024, sold by the developer: AED 1,645 per sqft for 409 sqft. It is the only registered sale of the unit.
What is the rent for unit 248?
AED 40,000 a year on the contract signed on 30 August 2026. The previous contract, from January 2026, was AED 65,000.
How big is unit 248?
409 sqft (38.0 sqm): a studio on the 2nd floor of a 8-storey tower.
What is unit 248 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 248, Binghatti Phoenix
Starts from the last sale price (AED 673K, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 673,054
- Deposit, UAE resident (20%)
- AED 134,611
- Deposit, non-resident (40%)
- AED 269,222
- Monthly over 25 years at 3.7%
- AED 2,754
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →