1-bed · 671 sqftBinghatti Avenue, Al Jadaf · 10th floor · completed 2022

1018, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in March 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1018 · DLD and Ejari recordsUpdated 9 September 2024
Last soldAED 530K1 March 2021
Current rentAED 82K /yr9 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1018, Binghatti Avenue

What is 1018 worth today?

Last sold for AED 530,000 in 2021

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9 Sep 2024RentedNew contract
AED 82,000/yr12 months · AED 123 per sqft
20 Jul 2023RentedRenewal
AED 49,500/yr12 months · AED 74 per sqft
20 Jul 2022RentedNew contract
AED 45,000/yr12 months · AED 67 per sqft
1 Mar 2021Sold by developerOff-plan
AED 530,000AED 789 per sqft

Source: Dubai Land Department. Updated 9 September 2024.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
10th of 27
Parking
P3-108
Developer
Binghatti
Completed
2022
Service charge
AED 10,300 /yr
Last sold
AED 530K · March 2021

About 1018, Binghatti Avenue

1018 is a one-bedroom apartment of 671 sqft on the 10th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 1 March 2021 for AED 530,000, or AED 789 per sqft, 4% below the AED 821 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 9 September 2024, is AED 82,000 a year: a gross yield of 15.5% on the 2021 price, before the service charge of about AED 10,300 a year.

Sales and rents for 1018 over time

Sales
Unit 1018, each saleTypical one-bed in Binghatti Avenue
500K750K1M2020202220242026Typical sale price by year: 2020 AED 586,584; 2021 AED 602,052; 2022 AED 680,000; 2023 AED 780,000; 2024 AED 900,000; 2025 AED 1,000,000; 2026 AED 1,010,000Sold by developer, March 2021: AED 530,000 (AED 789 per sqft)

1018 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1018, each contractTypical one-bed in Binghatti Avenue
40K60K80K202220242026Typical rent by year: 2022 AED 48,000; 2023 AED 55,600; 2024 AED 67,000; 2025 AED 70,000; 2026 AED 77,500New contract, July 2022: AED 45,000 a yearRenewal, July 2023: AED 49,500 a yearNew contract, September 2024: AED 82,000 a year

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

1-beds in Binghatti Avenue, and where 1018 sits

All 414 1-beds →

1018 last sold in March 2021 at AED 789 per sqft, 4% below what one-beds in Binghatti Avenue were fetching at the time (AED 821). Over the last 12 months one-beds sold for AED 950,000 to 1,180,000, around AED 1,430 per sqft, and rent for AED 56,679 to 100,000 a year. 1018's AED 82,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Feb 20261,000,000
13 Feb 20261,000,000
9 Feb 20261,040,000
23 Jan 20261,020,000
12 1-bed sales in the last 12 months

Binghatti Avenue

Building

621 apartments, 1-bed to 3-bed over 27 floors in Al Jadaf, completed in 2022 by Binghatti. 22 sold in the last 12 months.

Typical price per sqft
AED 1,416 Up 3.9%
Typical sale
AED 1.17M
Typical rent
AED 85K /yr
Typical yield
7.1%
Binghatti Avenue, Al Jadaf: prices, sales and rents →

Other units on the 10th floor

All 621 units in Binghatti Avenue
Value
10011-bedAED 602K · Nov 2020
10021-bedAED 1M · Apr 2025
10031-bedAED 577K · Nov 2020
10041-bedAED 640K · Dec 2020
10051-bedAED 539K · Dec 2020
10063-bedAED 1.65M · Jun 2024
10072-bedAED 1.23M · Jun 2023
1–7 of 21

1018, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 1 March 2021 for AED 530,000, or AED 789 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 45,000 to AED 82,000 a year.
  • At AED 82,000 a year the gross yield on the 2021 price is 15.5%, before a service charge of about AED 10,300 a year (AED 15.37 per sqft).
  • One-beds in Binghatti Avenue sold for AED 950,000–1,180,000 in the 12 months to November 2026; the building's median across all types is AED 1,416 per sqft.

Source: Dubai Land Department. Updated 9 September 2024.

Questions about 1018, Binghatti Avenue

What did unit 1018 last sell for?

AED 530,000 on 1 March 2021, sold by the developer: AED 789 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 1018?

AED 82,000 a year on the contract signed on 9 September 2024. The previous contract, from July 2023, was AED 49,500; the unit has been rented since July 2022.

How big is unit 1018?

671 sqft (62.3 sqm): a one-bedroom apartment on the 10th floor of a 27-storey tower completed in 2022.

What is unit 1018 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Avenue sold for AED 950,000 to 1,180,000 in the last 12 months, around AED 1,430 per sqft.

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Mortgage on 1018, Binghatti Avenue

Starts from the last sale price (AED 530K, 1 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 530,000
Deposit, UAE resident (20%)
AED 106,000
Deposit, non-resident (40%)
AED 212,000
Monthly over 25 years at 3.7%
AED 2,168

Plus AED 27,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →