1-bed · 706 sqftBinghatti Avenue, Al Jadaf · 5th floor · completed 2022

521, Binghatti Avenue

Sold prices and rental history: sold 3 times, last in October 2023, and rented once, from December 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 521 · DLD and Ejari recordsUpdated 8 December 2023
Last soldAED 800K25 October 2023
Current rentAED 75K /yr8 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 521, Binghatti Avenue

What is 521 worth today?

Last sold for AED 800,000 in 2023

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8 Dec 2023RentedNew contract
AED 75,000/yr12 months · AED 106 per sqft
25 Oct 2023SoldReady
AED 800,000AED 1,133 per sqft
11 Jan 2023SoldReady
AED 740,000AED 1,048 per sqft
24 Nov 2020Sold by developerOff-plan
AED 600,000AED 849 per sqft

Source: Dubai Land Department. Updated 8 December 2023.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
5th of 27
Parking
P2-69
Developer
Binghatti
Completed
2022
Service charge
AED 10,900 /yr
Last sold
AED 800K · October 2023

About 521, Binghatti Avenue

521 is a one-bedroom apartment of 706 sqft on the 5th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 25 October 2023 for AED 800,000, or AED 1,133 per sqft, 6% above the AED 1,064 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 8 December 2023. The current contract, signed on 8 December 2023, is AED 75,000 a year: a gross yield of 9.4% on the 2023 price, before the service charge of about AED 10,900 a year.

Sales and rents for 521 over time

Sales
Unit 521, 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, November 2020: AED 600,000 (AED 849 per sqft)Sold, January 2023: AED 740,000 (AED 1,048 per sqft)Sold, October 2023: AED 800,000 (AED 1,133 per sqft)

521 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 521, 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, December 2023: AED 75,000 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 521 sits

All 414 1-beds →

521 last sold in October 2023 at AED 1,133 per sqft, 6% above what one-beds in Binghatti Avenue were fetching at the time (AED 1,064). 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. 521's AED 75,000 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 5th floor

All 621 units in Binghatti Avenue
Value
5011-bedAED 700K · Jul 2022
5021-bedAED 660K · Jan 2023
5031-bedAED 620K · Nov 2020
5041-bedAED 600K · Dec 2020
5051-bedAED 670K · Jun 2022
5063-bedAED 945K · Nov 2020
5072-bedAED 800K · Mar 2021
1–7 of 20

521, Binghatti Avenue in numbers

  • Sold 3 times: first on 24 November 2020 for AED 600,000, last on 25 October 2023 for AED 800,000 (AED 1,133 per sqft).
  • Rented since December 2023 on one Ejari contract, at AED 75,000 a year.
  • At AED 75,000 a year the gross yield on the 2023 price is 9.4%, 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 8 December 2023.

Questions about 521, Binghatti Avenue

What did unit 521 last sell for?

AED 800,000 on 25 October 2023: AED 1,133 per sqft for 706 sqft. The unit has 3 registered sales; the first was AED 600,000 in November 2020.

What is the rent for unit 521?

AED 75,000 a year on the contract signed on 8 December 2023.

How big is unit 521?

706 sqft (65.6 sqm): a one-bedroom apartment on the 5th floor of a 27-storey tower completed in 2022.

What is unit 521 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 521, Binghatti Avenue

Starts from the last sale price (AED 800K, 25 October 2023). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →