2-bed · 1,162 sqftBinghatti Phoenix, Jumeirah Village Circle (JVC) · 7th floor

718, Binghatti Phoenix

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

Unit 718 · DLD and Ejari recordsUpdated 15 August 2026
Last soldAED 1M25 July 2024
Current rentAED 135K /yr15 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 718, Binghatti Phoenix

What is 718 worth today?

Last sold for AED 1,000,000 in 2024

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15 Aug 2026RentedNew contract
AED 135,000/yr12 months · AED 116 per sqft
25 Jul 2024Sold by developerOff-plan
AED 1,000,000AED 860 per sqft

Source: Dubai Land Department. Updated 15 August 2026.

Key facts

Type
2-bed apartment
Size
1,162 sqft
Floor
7th of 8
Parking
1
Developer
Binghatti
Last sold
AED 1M · July 2024

About 718, Binghatti Phoenix

718 is a two-bedroom apartment of 1,162 sqft on the 7th floor of Binghatti Phoenix, a 8-storey tower in Jumeirah Village Circle (JVC) by Binghatti. The developer sold it on 25 July 2024 for AED 1,000,000, or AED 860 per sqft, 31% below the AED 1,241 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 August 2026. The current contract, signed on 15 August 2026, is AED 135,000 a year: a gross yield of 13.5% on the 2024 price.

Sales and rents for 718 over time

Sales
Unit 718, each saleTypical two-bed in Binghatti Phoenix
1M1.5M2024202520262027Typical sale price by year: 2024 AED 1,450,000; 2025 AED 1,702,950; 2026 AED 1,820,000Sold by developer, July 2024: AED 1,000,000 (AED 860 per sqft)

718 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 718, each contractTypical two-bed in Binghatti Phoenix
120K130K202520262027Typical rent by year: 2025 AED 135,000; 2026 AED 120,000New contract, August 2026: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Binghatti Phoenix, and where 718 sits

All 61 2-beds →

718 last sold in July 2024 at AED 860 per sqft, 31% below what two-beds in Binghatti Phoenix were fetching at the time (AED 1,241). Over the last 12 months two-beds sold for AED 1,300,000 to 1,970,000, around AED 1,546 per sqft, and rent for AED 90,000 to 157,000 a year. 718's AED 135,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Sep 20261,657,424
14 Sep 20261,690,000
11 Sep 20261,635,000
23 Jul 20261,300,000
14 2-bed 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 7th floor

All 429 units in Binghatti Phoenix
Value
7011-bedAED 1.1M · Feb 2026
7021-bedAED 1.06M · Oct 2025
7031-bedAED 900K · Oct 2024
7041-bedAED 900K · Oct 2024
7051-bedAED 1.1M · Feb 2026
7061-bedAED 900K · Oct 2024
7071-bedAED 900K · Oct 2024
1–7 of 53

718, Binghatti Phoenix in numbers

  • Sold once: by Binghatti on 25 July 2024 for AED 1,000,000, or AED 860 per sqft.
  • Rented since August 2026 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2024 price is 13.5%.
  • Two-beds in Binghatti Phoenix sold for AED 1,300,000–1,970,000 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 15 August 2026.

Questions about 718, Binghatti Phoenix

What did unit 718 last sell for?

AED 1,000,000 on 25 July 2024, sold by the developer: AED 860 per sqft for 1,162 sqft. It is the only registered sale of the unit.

What is the rent for unit 718?

AED 135,000 a year on the contract signed on 15 August 2026.

How big is unit 718?

1,162 sqft (108.0 sqm): a two-bedroom apartment on the 7th floor of a 8-storey tower.

What is unit 718 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Phoenix sold for AED 1,300,000 to 1,970,000 in the last 12 months, around AED 1,546 per sqft.

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Mortgage on 718, Binghatti Phoenix

Starts from the last sale price (AED 1M, 25 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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