1-bed · 730 sqftBinghatti Avenue, Al Jadaf · 1st floor · completed 2022

115, Binghatti Avenue

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

Unit 115 · DLD and Ejari recordsUpdated 1 July 2022
Last soldAED 600K27 July 2021
Current rentAED 45K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 115, Binghatti Avenue

What is 115 worth today?

Last sold for AED 600,000 in 2021

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1 Jul 2022RentedNew contract
AED 45,000/yr12 months · AED 61 per sqft
27 Jul 2021Sold by developerOff-plan
AED 600,000AED 822 per sqft

Source: Dubai Land Department. Updated 1 July 2022.

Key facts

Type
1-bed apartment
Size
730 sqft
Floor
1st of 27
Parking
P2-15
Developer
Binghatti
Completed
2022
Service charge
AED 11,200 /yr
Last sold
AED 600K · July 2021

About 115, Binghatti Avenue

115 is a one-bedroom apartment of 730 sqft on the 1st floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 27 July 2021 for AED 600,000, or AED 822 per sqft, in line with the AED 830 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 July 2022. The current contract, signed on 1 July 2022, is AED 45,000 a year: a gross yield of 7.5% on the 2021 price, before the service charge of about AED 11,200 a year.

Sales and rents for 115 over time

Sales
Unit 115, each saleTypical one-bed in Binghatti Avenue
600K800K1M2020202220242026Typical 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, July 2021: AED 600,000 (AED 822 per sqft)

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

Rents
Unit 115, 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 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 115 sits

All 414 1-beds →

115 last sold in July 2021 at AED 822 per sqft, in line with what one-beds in Binghatti Avenue were fetching at the time (AED 830). 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. 115's AED 45,000 is at the bottom 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 1st floor

All 621 units in Binghatti Avenue
Value
1011-bedAED 644K · May 2021
1021-bedAED 680K · Jan 2023
1031-bedAED 930K · Feb 2025
1041-bedAED 559K · Jan 2021
1051-bedAED 618K · Feb 2020
1063-bedAED 815K · Mar 2021
1072-bedAED 840K · Aug 2021
1–7 of 21

115, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 27 July 2021 for AED 600,000, or AED 822 per sqft.
  • Rented since July 2022 on one Ejari contract, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2021 price is 7.5%, before a service charge of about AED 11,200 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 1 July 2022.

Questions about 115, Binghatti Avenue

What did unit 115 last sell for?

AED 600,000 on 27 July 2021, sold by the developer: AED 822 per sqft for 730 sqft. It is the only registered sale of the unit.

What is the rent for unit 115?

AED 45,000 a year on the contract signed on 1 July 2022.

How big is unit 115?

730 sqft (67.8 sqm): a one-bedroom apartment on the 1st floor of a 27-storey tower completed in 2022.

What is unit 115 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 115, Binghatti Avenue

Starts from the last sale price (AED 600K, 27 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus AED 30,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →