1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 2nd floor · completed 2022

204, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in July 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 204 · DLD and Ejari recordsUpdated 20 August 2024
Last soldAED 684K29 July 2021
Current rentAED 80K /yr20 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Binghatti Avenue

What is 204 worth today?

Last sold for AED 684,105 in 2021

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20 Aug 2024RentedNew contract
AED 80,000/yr12 months · AED 113 per sqft
20 Feb 2023RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
29 Jul 2021Sold by developerOff-plan
AED 684,105AED 968 per sqft

Source: Dubai Land Department. Updated 20 August 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
2nd of 27
Parking
P3-72
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 684K · July 2021

About 204, Binghatti Avenue

204 is a one-bedroom apartment of 706 sqft on the 2nd floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 29 July 2021 for AED 684,105, or AED 968 per sqft, 17% above the AED 830 one-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 20 August 2024, is AED 80,000 a year: a gross yield of 11.7% on the 2021 price, before the service charge of about AED 10,900 a year.

Sales and rents for 204 over time

Sales
Unit 204, 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 684,105 (AED 968 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Binghatti Avenue
60K80K202220242026Typical rent by year: 2022 AED 48,000; 2023 AED 55,600; 2024 AED 67,000; 2025 AED 70,000; 2026 AED 77,500New contract, February 2023: AED 75,000 a yearNew contract, August 2024: AED 80,000 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 204 sits

All 414 1-beds →

204 last sold in July 2021 at AED 968 per sqft, 17% above 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. 204's AED 80,000 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 2nd floor

All 621 units in Binghatti Avenue
Value
2011-bedAED 610K · Jun 2021
2021-bedAED 615K · Feb 2020
2031-bedAED 697K · Aug 2021
2051-bedAED 725K · Mar 2023
2063-bedAED 889K · Nov 2020
2072-bedAED 940K · Jan 2023
2081-bedAED 620K · May 2022
1–7 of 21

204, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 29 July 2021 for AED 684,105, or AED 968 per sqft.
  • Rented since February 2023 on 2 Ejari contracts, from AED 75,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 11.7%, 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 20 August 2024.

Questions about 204, Binghatti Avenue

What did unit 204 last sell for?

AED 684,105 on 29 July 2021, sold by the developer: AED 968 per sqft for 706 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 80,000 a year on the contract signed on 20 August 2024. The previous contract, from February 2023, was AED 75,000.

How big is unit 204?

706 sqft (65.6 sqm): a one-bedroom apartment on the 2nd floor of a 27-storey tower completed in 2022.

What is unit 204 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 204, Binghatti Avenue

Starts from the last sale price (AED 684K, 29 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 684,105
Deposit, UAE resident (20%)
AED 136,821
Deposit, non-resident (40%)
AED 273,642
Monthly over 25 years at 3.7%
AED 2,799

Plus AED 33,742 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →