3-bed · 1,428 sqftBinghatti Avenue, Al Jadaf · 12th floor · completed 2022

1206, Binghatti Avenue

Sold prices and rental history: sold twice, last in September 2023, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1206 · DLD and Ejari recordsUpdated 19 September 2023
Last soldAED 1.45M19 September 2023
Current rentAED 70K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1206, Binghatti Avenue

What is 1206 worth today?

Last sold for AED 1,450,000 in 2023

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19 Sep 2023SoldReady
AED 1,450,000AED 1,015 per sqft
1 Sep 2022RentedNew contract
AED 70,000/yr12 months · AED 49 per sqft
23 Mar 2022Sold by developerOff-plan
AED 1,280,000AED 896 per sqft

Source: Dubai Land Department. Updated 19 September 2023.

Key facts

Type
3-bed apartment
Size
1,428 sqft
Floor
12th of 27
Parking
P2-38
Developer
Binghatti
Completed
2022
Service charge
AED 22,000 /yr
Last sold
AED 1.45M · September 2023

About 1206, Binghatti Avenue

1206 is a three-bedroom apartment of 1,428 sqft on the 12th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 19 September 2023 for AED 1,450,000, or AED 1,015 per sqft, in line with the AED 1,033 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 September 2022. The current contract, signed on 1 September 2022, is AED 70,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 22,000 a year.

Sales and rents for 1206 over time

Sales
Unit 1206, each saleTypical three-bed in Binghatti Avenue
1M1.5M2M2020202220242026Typical sale price by year: 2020 AED 869,712; 2021 AED 1,050,000; 2022 AED 1,400,000; 2023 AED 1,500,000; 2024 AED 1,800,000; 2025 AED 1,962,500; 2026 AED 1,877,500Sold by developer, March 2022: AED 1,280,000 (AED 896 per sqft)Sold, September 2023: AED 1,450,000 (AED 1,015 per sqft)

1206 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1206, each contractTypical three-bed in Binghatti Avenue
100K202220242026Typical rent by year: 2022 AED 95,000; 2023 AED 115,000; 2024 AED 125,000; 2025 AED 130,625; 2026 AED 125,500New contract, September 2022: AED 70,000 a year

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

3-beds in Binghatti Avenue, and where 1206 sits

All 93 3-beds →

1206 last sold in September 2023 at AED 1,015 per sqft, in line with what three-beds in Binghatti Avenue were fetching at the time (AED 1,033). Over the last 12 months three-beds sold for AED 1,443,367 to 2,228,000, around AED 1,013 per sqft, and rent for AED 105,000 to 143,000 a year. 1206's AED 70,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
12 Feb 20262,100,000
23 Jan 20262,228,000
6 Jan 20261,443,367
5 Jan 20261,655,000
6 3-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 12th floor

All 621 units in Binghatti Avenue
Value
12011-bedAED 601K · Feb 2021
12021-bedAED 333K · Nov 2022
12031-bedAED 570K · Feb 2021
12041-bedAED 640K · Nov 2022
12051-bedAED 543K · Nov 2020
12072-bedAED 829K · Feb 2021
12081-bedAED 585K · Apr 2021
1–7 of 21

1206, Binghatti Avenue in numbers

  • Sold twice: first on 23 March 2022 for AED 1,280,000, last on 19 September 2023 for AED 1,450,000 (AED 1,015 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 22,000 a year (AED 15.37 per sqft).
  • Three-beds in Binghatti Avenue sold for AED 1,443,367–2,228,000 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 19 September 2023.

Questions about 1206, Binghatti Avenue

What did unit 1206 last sell for?

AED 1,450,000 on 19 September 2023: AED 1,015 per sqft for 1,428 sqft. The unit has 2 registered sales; the first was AED 1,280,000 in March 2022.

What is the rent for unit 1206?

AED 70,000 a year on the contract signed on 1 September 2022.

How big is unit 1206?

1,428 sqft (132.7 sqm): a three-bedroom apartment on the 12th floor of a 27-storey tower completed in 2022.

What is unit 1206 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Binghatti Avenue sold for AED 1,443,367 to 2,228,000 in the last 12 months, around AED 1,013 per sqft.

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Mortgage on 1206, Binghatti Avenue

Starts from the last sale price (AED 1.45M, 19 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →