1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 25th floor · completed 2022

2504, Binghatti Avenue

Sold prices and rental history: sold twice, last in March 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2504 · DLD and Ejari recordsUpdated 26 March 2024
Last soldAED 935K26 March 2024
Current rentAED 52K /yr31 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2504, Binghatti Avenue

What is 2504 worth today?

Last sold for AED 935,000 in 2024

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26 Mar 2024SoldReady
AED 935,000AED 1,324 per sqft
31 Aug 2023RentedRenewal
AED 51,750/yr12 months · AED 74 per sqft
6 May 2021Sold by developerOff-plan
AED 663,000AED 939 per sqft

Source: Dubai Land Department. Updated 26 March 2024.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
25th of 27
Parking
B-158
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 935K · March 2024

About 2504, Binghatti Avenue

2504 is a one-bedroom apartment of 706 sqft on the 25th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 26 March 2024 for AED 935,000, or AED 1,324 per sqft, 17% above the AED 1,133 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 31 August 2023. The current contract, renewed on 31 August 2023, is AED 51,750 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 10,900 a year.

Sales and rents for 2504 over time

Sales
Unit 2504, 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, May 2021: AED 663,000 (AED 939 per sqft)Sold, March 2024: AED 935,000 (AED 1,324 per sqft)

2504 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2504, 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 77,500Renewal, August 2023: AED 51,750 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 2504 sits

All 414 1-beds →

2504 last sold in March 2024 at AED 1,324 per sqft, 17% above what one-beds in Binghatti Avenue were fetching at the time (AED 1,133). 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. 2504's AED 51,750 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 25th floor

All 621 units in Binghatti Avenue
Value
25011-bedAED 655K · Apr 2021
25021-bedAED 674K · Aug 2021
25031-bedAED 635K · May 2021
25051-bedAED 750K · Dec 2022
25063-bedAED 1.25M · May 2022
25072-bedAED 870K · May 2021
25081-bedAED 644K · May 2021
1–7 of 21

2504, Binghatti Avenue in numbers

  • Sold twice: first on 6 May 2021 for AED 663,000, last on 26 March 2024 for AED 935,000 (AED 1,324 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 51,750 a year.
  • At AED 51,750 a year the gross yield on the 2024 price is 5.5%, 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 26 March 2024.

Questions about 2504, Binghatti Avenue

What did unit 2504 last sell for?

AED 935,000 on 26 March 2024: AED 1,324 per sqft for 706 sqft. The unit has 2 registered sales; the first was AED 663,000 in May 2021.

What is the rent for unit 2504?

AED 51,750 a year on the contract renewed on 31 August 2023.

How big is unit 2504?

706 sqft (65.6 sqm): a one-bedroom apartment on the 25th floor of a 27-storey tower completed in 2022.

What is unit 2504 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 2504, Binghatti Avenue

Starts from the last sale price (AED 935K, 26 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

Plus AED 44,280 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →