1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 1st floor · completed 2022

121, Binghatti Avenue

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

Unit 121 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 555K26 April 2021
Current rentAED 68K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 121, Binghatti Avenue

What is 121 worth today?

Last sold for AED 555,000 in 2021

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1 Nov 2024RentedRenewal
AED 68,000/yr12 months · AED 96 per sqft
20 Aug 2022RentedNew contract
AED 41,000/yr12 months · AED 58 per sqft
26 Apr 2021Sold by developerOff-plan
AED 555,000AED 786 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
1st of 27
Parking
P3-76
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 555K · April 2021

About 121, Binghatti Avenue

121 is a one-bedroom apartment of 706 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 26 April 2021 for AED 555,000, or AED 786 per sqft, 5% below the AED 825 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 68,000 a year: a gross yield of 12.3% on the 2021 price, before the service charge of about AED 10,900 a year.

Sales and rents for 121 over time

Sales
Unit 121, 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, April 2021: AED 555,000 (AED 786 per sqft)

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

Rents
Unit 121, 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, August 2022: AED 41,000 a yearRenewal, November 2024: AED 68,000 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 121 sits

All 414 1-beds →

121 last sold in April 2021 at AED 786 per sqft, 5% below what one-beds in Binghatti Avenue were fetching at the time (AED 825). 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. 121's AED 68,000 is in the lower 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 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

121, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 26 April 2021 for AED 555,000, or AED 786 per sqft.
  • Rented since August 2022 on 2 Ejari contracts, from AED 41,000 to AED 68,000 a year.
  • At AED 68,000 a year the gross yield on the 2021 price is 12.3%, before a service charge of about AED 10,900 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 November 2024.

Questions about 121, Binghatti Avenue

What did unit 121 last sell for?

AED 555,000 on 26 April 2021, sold by the developer: AED 786 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 121?

AED 68,000 a year on the contract renewed on 1 November 2024. The previous contract, from August 2022, was AED 41,000.

How big is unit 121?

706 sqft (65.6 sqm): a one-bedroom apartment on the 1st floor of a 27-storey tower completed in 2022.

What is unit 121 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 121, Binghatti Avenue

Starts from the last sale price (AED 555K, 26 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 555,000
Deposit, UAE resident (20%)
AED 111,000
Deposit, non-resident (40%)
AED 222,000
Monthly over 25 years at 3.7%
AED 2,271

Plus AED 28,320 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →