Studio · 426 sqftBinghatti Phoenix, Jumeirah Village Circle (JVC) · 3rd floor

316, Binghatti Phoenix

Sold prices and rental history: sold once, by the developer in October 2024, and rented once, from July 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 316 · DLD and Ejari recordsUpdated 25 July 2026
Last soldAED 650K4 October 2024
Current rentAED 50K /yr25 July 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 316, Binghatti Phoenix

What is 316 worth today?

Last sold for AED 650,000 in 2024

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25 Jul 2026RentedNew contract
AED 50,000/yr12 months · AED 119 per sqft
4 Oct 2024Sold by developerOff-plan
AED 650,000AED 1,525 per sqft

Source: Dubai Land Department. Updated 25 July 2026.

Key facts

Type
Studio apartment
Size
426 sqft
Floor
3rd of 8
Parking
1
Developer
Binghatti
Last sold
AED 650K · October 2024

About 316, Binghatti Phoenix

316 is a studio of 426 sqft on the 3rd floor of Binghatti Phoenix, a 8-storey tower in Jumeirah Village Circle (JVC) by Binghatti. The developer sold it on 4 October 2024 for AED 650,000, or AED 1,525 per sqft, 6% below the AED 1,631 studios in the building were fetching at the time.

One Ejari contract is registered, from 25 July 2026. The current contract, signed on 25 July 2026, is AED 50,000 a year: a gross yield of 7.7% on the 2024 price.

Sales and rents for 316 over time

Sales
Unit 316, each saleTypical studio in Binghatti Phoenix
650K700K2024202520262027Typical sale price by year: 2024 AED 700,000; 2025 AED 700,000; 2026 AED 716,000Sold by developer, October 2024: AED 650,000 (AED 1,525 per sqft)

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

Rents
Unit 316, each contractTypical studio in Binghatti Phoenix
50K55K60K202520262027Typical rent by year: 2025 AED 60,000; 2026 AED 60,000New contract, July 2026: AED 50,000 a year

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 316 sits

All 95 studios →

316 last sold in October 2024 at AED 1,525 per sqft, 6% below what studios in Binghatti Phoenix were fetching at the time (AED 1,631). 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. 316's AED 50,000 is in the lower half of that range.

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 3rd floor

All 429 units in Binghatti Phoenix
Value
3011-bedAED 1.06M · Oct 2024
3021-bedAED 1.13M · Apr 2026
3031-bedAED 995K · Sep 2024
3041-bedAED 945K · Sep 2024
3051-bedAED 1M · Sep 2024
3061-bedAED 900K · Oct 2024
3071-bedAED 1.09M · Aug 2024
1–7 of 53

316, Binghatti Phoenix in numbers

  • Sold once: by Binghatti on 4 October 2024 for AED 650,000, or AED 1,525 per sqft.
  • Rented since July 2026 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.7%.
  • 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 25 July 2026.

Questions about 316, Binghatti Phoenix

What did unit 316 last sell for?

AED 650,000 on 4 October 2024, sold by the developer: AED 1,525 per sqft for 426 sqft. It is the only registered sale of the unit.

What is the rent for unit 316?

AED 50,000 a year on the contract signed on 25 July 2026.

How big is unit 316?

426 sqft (39.6 sqm): a studio on the 3rd floor of a 8-storey tower.

What is unit 316 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 316, Binghatti Phoenix

Starts from the last sale price (AED 650K, 4 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

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