Studio · 498 sqftBinghatti Phoenix, Jumeirah Village Circle (JVC) · 3rd floor

342, Binghatti Phoenix

Sold prices and rental history: sold twice, last in June 2026, and rented since 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 342 · DLD and Ejari recordsUpdated 7 August 2026
Last soldAED 690K26 June 2026
Current rentAED 57K /yr7 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 342, Binghatti Phoenix

What is 342 worth today?

Last sold for AED 690,000 in 2026

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7 Aug 2026RentedNew contract
AED 57,000/yr12 months · AED 115 per sqft
26 Jun 2026SoldReady
AED 690,000AED 1,384 per sqft
3 Jun 2026RentedNew contract
AED 60,000/yr12 months · AED 120 per sqft
29 Dec 2024Sold by developerOff-plan
AED 700,000AED 1,405 per sqft

Source: Dubai Land Department. Updated 7 August 2026.

Key facts

Type
Studio apartment
Size
498 sqft
Floor
3rd of 8
Parking
B-107
Developer
Binghatti
Last sold
AED 690K · June 2026

About 342, Binghatti Phoenix

342 is a studio of 498 sqft on the 3rd floor of Binghatti Phoenix, a 8-storey tower in Jumeirah Village Circle (JVC) by Binghatti. It last sold on 26 June 2026 for AED 690,000, or AED 1,384 per sqft, 19% below the AED 1,713 studios in the building were fetching at the time.

It has been rented since 2026 on 2 Ejari contracts. The current contract, signed on 7 August 2026, is AED 57,000 a year: a gross yield of 8.3% on the 2026 price.

Sales and rents for 342 over time

Sales
Unit 342, each saleTypical studio in Binghatti Phoenix
700K720K2024202520262027Typical sale price by year: 2024 AED 700,000; 2025 AED 700,000; 2026 AED 716,000Sold by developer, December 2024: AED 700,000 (AED 1,405 per sqft)Sold, June 2026: AED 690,000 (AED 1,384 per sqft)

342 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 342, each contractTypical studio in Binghatti Phoenix
58K60K202520262027Typical rent by year: 2025 AED 60,000; 2026 AED 60,000New contract, June 2026: AED 60,000 a yearNew contract, August 2026: AED 57,000 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 342 sits

All 95 studios →

342 last sold in June 2026 at AED 1,384 per sqft, 19% below what studios in Binghatti Phoenix were fetching at the time (AED 1,713). 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. 342's AED 57,000 is in the lower half of that range.

Recent studio salesUnit no.Price (AED)Summary
14 Sep 2026702,000
18 Aug 2026686,000
14 May 2026700,000
1 May 2026650,000
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

342, Binghatti Phoenix in numbers

  • Sold twice: first on 29 December 2024 for AED 700,000, last on 26 June 2026 for AED 690,000 (AED 1,384 per sqft).
  • Rented since June 2026 on 2 Ejari contracts, from AED 60,000 to AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2026 price is 8.3%.
  • 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 7 August 2026.

Questions about 342, Binghatti Phoenix

What did unit 342 last sell for?

AED 690,000 on 26 June 2026: AED 1,384 per sqft for 498 sqft. The unit has 2 registered sales; the first was AED 700,000 in December 2024.

What is the rent for unit 342?

AED 57,000 a year on the contract signed on 7 August 2026. The previous contract, from June 2026, was AED 60,000.

How big is unit 342?

498 sqft (46.3 sqm): a studio on the 3rd floor of a 8-storey tower.

What is unit 342 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 342, Binghatti Phoenix

Starts from the last sale price (AED 690K, 26 June 2026). Switch to today's estimate once you have unlocked it.
Price
AED 690,000
Deposit, UAE resident (20%)
AED 138,000
Deposit, non-resident (40%)
AED 276,000
Monthly over 25 years at 3.7%
AED 2,823

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