516, Binghatti Avenue
Sold prices and rental history: sold once, by the developer in February 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 516, Binghatti Avenue
What is 516 worth today?
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Source: Dubai Land Department. Updated 1 September 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,323 sqft
- Floor
- 5th of 27
- Parking
- M-18
- Developer
- Binghatti
- Completed
- 2022
- Service charge
- AED 20,300 /yr
- Last sold
- AED 810K · February 2021
- Building
- Binghatti Avenue
About 516, Binghatti Avenue
516 is a two-bedroom apartment of 1,323 sqft on the 5th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 4 February 2021 for AED 810,100, or AED 612 per sqft, 15% below the AED 721 two-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 September 2024, is AED 85,000 a year: a gross yield of 10.5% on the 2021 price, before the service charge of about AED 20,300 a year.
Sales and rents for 516 over time
516 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Binghatti Avenue, and where 516 sits
All 105 2-beds →516 last sold in February 2021 at AED 612 per sqft, 15% below what two-beds in Binghatti Avenue were fetching at the time (AED 721). Over the last 12 months two-beds sold for AED 1,300,000 to 1,350,000, around AED 1,475 per sqft, and rent for AED 77,175 to 120,000 a year. 516's AED 85,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Feb 20269 February 2026 | 896 sqft | 1,300,000 | 1,451 | ||
| 14 Jan 202614 January 2026 | 896 sqft | 1,350,000 | 1,506 | ||
| 9 Jan 20269 January 2026 | 893 sqft | 1,300,000 | 1,455 | ||
| 2 Jul 20252 July 2025 | 1,323 sqft | 1,350,000 | 1,020 |
Binghatti Avenue
Building621 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%
Other units on the 5th floor
All 621 units in Binghatti Avenue| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 760 sqft | AED 700KAED 700,000 · Jul 2022July 2022 | 70,000 /yr | |
| 502 | 1-bed | 189 sqft | AED 660KAED 660,000 · Jan 2023January 2023 | 83,000 /yr | |
| 503 | 1-bed | 706 sqft | AED 620KAED 620,000 · Nov 2020November 2020 | ||
| 504 | 1-bed | 706 sqft | AED 600KAED 600,000 · Dec 2020December 2020 | ||
| 505 | 1-bed | 671 sqft | AED 670KAED 670,000 · Jun 2022June 2022 | 80,000 /yr | |
| 506 | 3-bed | 1,426 sqft | AED 945KAED 945,140 · Nov 2020November 2020 | ||
| 507 | 2-bed | 1,331 sqft | AED 800KAED 800,000 · Mar 2021March 2021 | 120,000 /yr | |
| 508 | 1-bed | 727 sqft | AED 630KAED 629,700 · Apr 2021April 2021 | 80,000 /yr | |
| 509 | 1-bed | 708 sqft | AED 1MAED 1,000,000 · Feb 2026February 2026 | 70,000 /yr | |
| 510 | 1-bed | 710 sqft | AED 900KAED 900,000 · Feb 2024February 2024 | 85,000 /yr | |
| 511 | 2-bed | 893 sqft | AED 870KAED 870,000 · Jul 2022July 2022 | 95,000 /yr | |
| 512 | 2-bed | 896 sqft | AED 855KAED 855,000 · Sep 2022September 2022 | ||
| 513 | 1-bed | 710 sqft | AED 571KAED 570,696 · Jan 2021January 2021 | 54,452 /yr | |
| 514 | 1-bed | 708 sqft | AED 571KAED 570,696 · Jan 2021January 2021 | 56,872 /yr | |
| 515 | 1-bed | 730 sqft | AED 750KAED 750,000 · Jan 2024January 2024 | ||
| 518 | 1-bed | 671 sqft | AED 524KAED 523,624 · Dec 2020December 2020 | 55,000 /yr | |
| 519 | 706 sqft | AED 980KAED 980,000 · Oct 2025October 2025 | 72,000 /yr | ||
| 520 | 1-bed | 706 sqft | AED 700KAED 700,000 · Dec 2022December 2022 | ||
| 521 | 1-bed | 706 sqft | AED 800KAED 800,000 · Oct 2023October 2023 | 75,000 /yr | |
| 522 | 1-bed | 758 sqft | AED 608KAED 607,600 · Apr 2021April 2021 | 48,000 /yr |
516, Binghatti Avenue in numbers
- Sold once: by Binghatti on 4 February 2021 for AED 810,100, or AED 612 per sqft.
- Rented since September 2022 on 2 Ejari contracts, from AED 70,000 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2021 price is 10.5%, before a service charge of about AED 20,300 a year (AED 15.37 per sqft).
- Two-beds in Binghatti Avenue sold for AED 1,300,000–1,350,000 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 September 2024.
Questions about 516, Binghatti Avenue
What did unit 516 last sell for?
AED 810,100 on 4 February 2021, sold by the developer: AED 612 per sqft for 1,323 sqft. It is the only registered sale of the unit.
What is the rent for unit 516?
AED 85,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2022, was AED 70,000.
How big is unit 516?
1,323 sqft (122.9 sqm): a two-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.
What is unit 516 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Avenue sold for AED 1,300,000 to 1,350,000 in the last 12 months, around AED 1,475 per sqft.
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Mortgage on 516, Binghatti Avenue
Starts from the last sale price (AED 810K, 4 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 810,100
- Deposit, UAE resident (20%)
- AED 162,020
- Deposit, non-resident (40%)
- AED 324,040
- Monthly over 25 years at 3.7%
- AED 3,314
Plus AED 39,034 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →