Studio · 409 sqftBinghatti Phoenix, Jumeirah Village Circle (JVC) · 5th floor

509, Binghatti Phoenix

Sold prices and rental history: sold once, by the developer in November 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 2 November 2026
Last soldAED 700K1 November 2024
Current rentAED 50K /yr2 November 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, Binghatti Phoenix

What is 509 worth today?

Last sold for AED 700,000 in 2024

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2 Nov 2026RentedNew contract
AED 50,000/yr12 months · AED 122 per sqft
1 Dec 2025RentedNew contract
AED 56,000/yr12 months · AED 137 per sqft
1 Nov 2024Sold by developerOff-plan
AED 700,000AED 1,711 per sqft

Source: Dubai Land Department. Updated 2 November 2026.

Key facts

Type
Studio apartment
Size
409 sqft
Floor
5th of 8
Parking
1
Developer
Binghatti
Last sold
AED 700K · November 2024

About 509, Binghatti Phoenix

509 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 1 November 2024 for AED 700,000, or AED 1,711 per sqft, 5% above the AED 1,633 studios in the building were fetching at the time.

It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 2 November 2026, is AED 50,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for 509 over time

Sales
Unit 509, 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, November 2024: AED 700,000 (AED 1,711 per sqft)

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

Rents
Unit 509, each contractTypical studio in Binghatti Phoenix
50K55K60K202520262027Typical rent by year: 2025 AED 60,000; 2026 AED 60,000New contract, December 2025: AED 56,000 a yearNew contract, November 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 509 sits

All 95 studios →

509 last sold in November 2024 at AED 1,711 per sqft, 5% above what studios in Binghatti Phoenix were fetching at the time (AED 1,633). 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. 509'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 5th floor

All 429 units in Binghatti Phoenix
Value
5011-bedAED 920K · Nov 2024
5021-bedAED 1.02M · Dec 2025
5031-bedAED 1.12M · Aug 2024
5041-bedAED 950K · Oct 2024
5051-bedAED 950K · Jul 2024
5061-bedAED 1.1M · Jun 2026
5071-bedAED 1.15M · Apr 2026
1–7 of 54

509, Binghatti Phoenix in numbers

  • Sold once: by Binghatti on 1 November 2024 for AED 700,000, or AED 1,711 per sqft.
  • Rented since December 2025 on 2 Ejari contracts, from AED 56,000 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2024 price is 7.1%.
  • 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 2 November 2026.

Questions about 509, Binghatti Phoenix

What did unit 509 last sell for?

AED 700,000 on 1 November 2024, sold by the developer: AED 1,711 per sqft for 409 sqft. It is the only registered sale of the unit.

What is the rent for unit 509?

AED 50,000 a year on the contract signed on 2 November 2026. The previous contract, from December 2025, was AED 56,000.

How big is unit 509?

409 sqft (38.0 sqm): a studio on the 5th floor of a 8-storey tower.

What is unit 509 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 509, Binghatti Phoenix

Starts from the last sale price (AED 700K, 1 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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