1-bed · 671 sqftBinghatti Avenue, Al Jadaf · 6th floor · completed 2022

605, Binghatti Avenue

Sold prices and rental history: sold once, by the developer in May 2020, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 20 September 2024
Last soldAED 553K4 May 2020
Current rentAED 56K /yr20 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Binghatti Avenue

What is 605 worth today?

Last sold for AED 553,000 in 2020

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20 Sep 2024RentedRenewal
AED 56,000/yr12 months · AED 83 per sqft
20 Sep 2023RentedNew contract
AED 50,000/yr12 months · AED 74 per sqft
20 Sep 2022RentedNew contract
AED 46,000/yr12 months · AED 69 per sqft
4 May 2020Sold by developerOff-plan
AED 553,000AED 823 per sqft

Source: Dubai Land Department. Updated 20 September 2024.

Key facts

Type
1-bed apartment
Size
671 sqft
Floor
6th of 27
Parking
B-165
Developer
Binghatti
Completed
2022
Service charge
AED 10,300 /yr
Last sold
AED 553K · May 2020

About 605, Binghatti Avenue

605 is a one-bedroom apartment of 671 sqft on the 6th floor of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. The developer sold it on 4 May 2020 for AED 553,000, or AED 823 per sqft, 9% below the AED 905 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 September 2024, is AED 56,000 a year: a gross yield of 10.1% on the 2020 price, before the service charge of about AED 10,300 a year.

Sales and rents for 605 over time

Sales
Unit 605, 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, May 2020: AED 553,000 (AED 823 per sqft)

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

Rents
Unit 605, 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, September 2022: AED 46,000 a yearNew contract, September 2023: AED 50,000 a yearRenewal, September 2024: AED 56,000 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 605 sits

All 414 1-beds →

605 last sold in May 2020 at AED 823 per sqft, 9% below what one-beds in Binghatti Avenue were fetching at the time (AED 905). 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. 605's AED 56,000 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 6th floor

All 621 units in Binghatti Avenue
Value
6011-bedAED 689K · Jun 2020
6021-bedAED 770K · Aug 2023
6031-bedAED 830K · Jul 2023
6041-bedAED 840K · Aug 2023
6063-bedAED 1.44M · Jan 2026
6072-bedAED 1.05M · May 2023
6081-bedAED 573K · Apr 2021
1–7 of 21

605, Binghatti Avenue in numbers

  • Sold once: by Binghatti on 4 May 2020 for AED 553,000, or AED 823 per sqft.
  • Rented since September 2022 on 3 Ejari contracts, from AED 46,000 to AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2020 price is 10.1%, before a service charge of about AED 10,300 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 September 2024.

Questions about 605, Binghatti Avenue

What did unit 605 last sell for?

AED 553,000 on 4 May 2020, sold by the developer: AED 823 per sqft for 671 sqft. It is the only registered sale of the unit.

What is the rent for unit 605?

AED 56,000 a year on the contract renewed on 20 September 2024. The previous contract, from September 2023, was AED 50,000; the unit has been rented since September 2022.

How big is unit 605?

671 sqft (62.3 sqm): a one-bedroom apartment on the 6th floor of a 27-storey tower completed in 2022.

What is unit 605 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 605, Binghatti Avenue

Starts from the last sale price (AED 553K, 4 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 553,000
Deposit, UAE resident (20%)
AED 110,600
Deposit, non-resident (40%)
AED 221,200
Monthly over 25 years at 3.7%
AED 2,262

Plus AED 28,236 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →