508, Binghatti Phoenix
Sold prices and rental history: sold once, by the developer in July 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Binghatti Phoenix
What is 508 worth today?
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Source: Dubai Land Department. Updated 4 January 2026.
Key facts
- Type
- Studio apartment
- Size
- 409 sqft
- Floor
- 5th of 8
- Parking
- 1
- Developer
- Binghatti
- Last sold
- AED 751K · July 2024
- Building
- Binghatti Phoenix
About 508, Binghatti Phoenix
508 is a studio of 409 sqft on the 5th 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 751,186, or AED 1,837 per sqft, 12% above the AED 1,641 studios in the building were fetching at the time.
One Ejari contract is registered, from 4 January 2026. The current contract, signed on 4 January 2026, is AED 57,000 a year: a gross yield of 7.6% on the 2024 price.
Sales and rents for 508 over time
508 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 508 sits
All 95 studios →508 last sold in July 2024 at AED 1,837 per sqft, 12% above 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. 508's AED 57,000 is in the lower half 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 5th floor
All 429 units in Binghatti Phoenix| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 832 sqft | AED 920KAED 920,000 · Nov 2024November 2024 | 84,772 /yr | |
| 502 | 1-bed | 794 sqft | AED 1.02MAED 1,020,000 · Dec 2025December 2025 | ||
| 503 | 1-bed | 799 sqft | AED 1.12MAED 1,123,374 · Aug 2024August 2024 | 80,000 /yr | |
| 504 | 1-bed | 796 sqft | AED 950KAED 950,000 · Oct 2024October 2024 | 85,000 /yr | |
| 505 | 1-bed | 796 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | ||
| 506 | 1-bed | 797 sqft | AED 1.1MAED 1,100,000 · Jun 2026June 2026 | 90,000 /yr | |
| 507 | 1-bed | 797 sqft | AED 1.15MAED 1,150,000 · Apr 2026April 2026 | 85,000 /yr | |
| 509 | Studio | 409 sqft | AED 700KAED 700,000 · Nov 2024November 2024 | 50,000 /yr | |
| 510 | Studio | 413 sqft | AED 660KAED 660,000 · Sep 2024September 2024 | 65,000 /yr | |
| 511 | 2-bed | 1,138 sqft | AED 1.45MAED 1,450,000 · Nov 2024November 2024 | 100,000 /yr | |
| 512 | 1-bed | 792 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 95,000 /yr | |
| 513 | 1-bed | 765 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | 90,000 /yr | |
| 514 | 1-bed | 765 sqft | AED 950KAED 950,000 · Sep 2024September 2024 | 89,759 /yr | |
| 515 | Studio | 498 sqft | AED 660KAED 660,000 · Sep 2024September 2024 | ||
| 516 | Studio | 426 sqft | AED 700KAED 700,000 · Sep 2024September 2024 | ||
| 517 | 2-bed | 1,158 sqft | AED 1.45MAED 1,450,000 · Nov 2024November 2024 | 110,000 /yr | |
| 518 | 2-bed | 1,162 sqft | AED 1.55MAED 1,550,000 · Jul 2024July 2024 | ||
| 519 | Studio | 429 sqft | AED 727KAED 727,199 · Aug 2024August 2024 | 68,000 /yr | |
| 520 | 1-bed | 744 sqft | AED 1MAED 1,000,999 · Jul 2024July 2024 | ||
| 521 | 1-bed | 760 sqft | AED 1.23MAED 1,230,000 · Jan 2026January 2026 | ||
| 522 | 1-bed | 766 sqft | AED 1.18MAED 1,175,000 · Feb 2026February 2026 | ||
| 523 | 2-bed | 1,164 sqft | AED 1.75MAED 1,750,000 · Jan 2026January 2026 | ||
| 524 | 1-bed | 800 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | ||
| 525 | 1-bed | 799 sqft | AED 1.05MAED 1,050,000 · May 2025May 2025 | 95,000 /yr | |
| 526 | 1-bed | 796 sqft | AED 1.07MAED 1,066,999 · Aug 2024August 2024 | 85,000 /yr | |
| 527 | 1-bed | 799 sqft | AED 1.23MAED 1,225,000 · Dec 2025December 2025 | 84,000 /yr | |
| 528 | 1-bed | 799 sqft | AED 1.24MAED 1,240,000 · Mar 2026March 2026 | 90,000 /yr | |
| 529 | 1-bed | 799 sqft | AED 975KAED 975,000 · Mar 2025March 2025 | 95,000 /yr | |
| 530 | 1-bed | 799 sqft | AED 1.15MAED 1,150,000 · Nov 2026November 2026 | 87,000 /yr | |
| 531 | 1-bed | 799 sqft | AED 1.1MAED 1,100,000 · Jul 2025July 2025 | 90,000 /yr | |
| 532 | 1-bed | 799 sqft | AED 1.2MAED 1,200,000 · Oct 2026October 2026 | ||
| 533 | 1-bed | 800 sqft | AED 1.2MAED 1,200,000 · Nov 2025November 2025 | ||
| 534 | 2-bed | 1,164 sqft | AED 1.97MAED 1,970,000 · Feb 2026February 2026 | ||
| 535 | 1-bed | 765 sqft | AED 1.41MAED 1,411,764 · Sep 2025September 2025 | 95,000 /yr | |
| 536 | 1-bed | 760 sqft | AED 1.25MAED 1,250,000 · Feb 2026February 2026 | 100,000 /yr | |
| 537 | 1-bed | 744 sqft | AED 950KAED 950,000 · Jul 2024July 2024 | 95,000 /yr | |
| 538 | Studio | 429 sqft | AED 700KAED 700,000 · Aug 2024August 2024 | 60,000 /yr | |
| 539 | 2-bed | 1,165 sqft | AED 2.25MAED 2,254,999 · Sep 2025September 2025 | 120,000 /yr | |
| 540 | 2-bed | 1,157 sqft | AED 1.4MAED 1,400,000 · Sep 2024September 2024 | ||
| 541 | Studio | 426 sqft | AED 717KAED 717,099 · Sep 2024September 2024 | 63,000 /yr | |
| 542 | Studio | 498 sqft | AED 747KAED 747,399 · Aug 2024August 2024 | 60,000 /yr | |
| 543 | 1-bed | 765 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | ||
| 544 | 1-bed | 765 sqft | AED 900KAED 900,000 · Jul 2024July 2024 | 90,000 /yr | |
| 545 | 1-bed | 792 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | ||
| 546 | 2-bed | 1,139 sqft | AED 1.39MAED 1,390,000 · Jul 2024July 2024 | 145,000 /yr | |
| 547 | Studio | 413 sqft | AED 660KAED 660,000 · Nov 2024November 2024 | 60,000 /yr | |
| 548 | Studio | 409 sqft | AED 730KAED 730,000 · Mar 2026March 2026 | 49,000 /yr | |
| 549 | Studio | 409 sqft | AED 650KAED 650,000 · Sep 2024September 2024 | 55,000 /yr | |
| 550 | 1-bed | 796 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 66,500 /yr | |
| 551 | 1-bed | 797 sqft | AED 1.11MAED 1,110,000 · Jan 2026January 2026 | 80,000 /yr | |
| 552 | 1-bed | 796 sqft | AED 1.05MAED 1,050,000 · Nov 2024November 2024 | 83,000 /yr | |
| 553 | 1-bed | 797 sqft | AED 1.35MAED 1,350,000 · Jan 2026January 2026 | 75,000 /yr | |
| 554 | 1-bed | 799 sqft | AED 950KAED 950,000 · May 2025May 2025 | 77,000 /yr | |
| 555 | 1-bed | 794 sqft | AED 1MAED 1,000,000 · Jul 2024July 2024 | 85,000 /yr |
508, Binghatti Phoenix in numbers
- Sold once: by Binghatti on 24 July 2024 for AED 751,186, or AED 1,837 per sqft.
- Rented since January 2026 on one Ejari contract, at AED 57,000 a year.
- At AED 57,000 a year the gross yield on the 2024 price is 7.6%.
- 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 4 January 2026.
Questions about 508, Binghatti Phoenix
What did unit 508 last sell for?
AED 751,186 on 24 July 2024, sold by the developer: AED 1,837 per sqft for 409 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 57,000 a year on the contract signed on 4 January 2026.
How big is unit 508?
409 sqft (38.0 sqm): a studio on the 5th floor of a 8-storey tower.
What is unit 508 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 508, Binghatti Phoenix
Starts from the last sale price (AED 751K, 24 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 751,186
- Deposit, UAE resident (20%)
- AED 150,237
- Deposit, non-resident (40%)
- AED 300,474
- Monthly over 25 years at 3.7%
- AED 3,073
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →