1-bed · 1,337 sqftBinghatti Avenue, Al Jadaf · completed 2022

E16, Binghatti Avenue

Sold prices and rental history: sold 3 times, last in September 2024, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit E16 · DLD and Ejari recordsUpdated 24 September 2024
Last soldAED 865K4 September 2024
Current rentAED 120K /yr24 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for E16, Binghatti Avenue

What is E16 worth today?

Last sold for AED 865,000 in 2024

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24 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 90 per sqft
4 Sep 2024SoldReady
AED 865,000AED 647 per sqft
14 May 2024SoldReady
AED 1,117,500AED 835 per sqft
24 Aug 2021Sold by developerOff-plan
AED 700,000AED 523 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 September 2024.

Key facts

Type
1-bed apartment
Size
1,337 sqft
Parking
P2-05
Developer
Binghatti
Completed
2022
Service charge
AED 20,500 /yr
Last sold
AED 865K · September 2024

About E16, Binghatti Avenue

E16 is a one-bedroom apartment of 1,337 sqft of Binghatti Avenue, a 27-storey tower in Al Jadaf completed in 2022 by Binghatti. It last sold on 4 September 2024 for AED 865,000, or AED 647 per sqft, 46% below the AED 1,203 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 24 September 2024. The current contract, signed on 24 September 2024, is AED 120,000 a year: a gross yield of 13.9% on the 2024 price, before the service charge of about AED 20,500 a year.

Sales and rents for E16 over time

Sales
Unit E16, 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, August 2021: AED 700,000 (AED 523 per sqft)Sold, May 2024: AED 1,117,500 (AED 835 per sqft)Sold, September 2024: AED 865,000 (AED 647 per sqft)

E16 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit E16, each contractTypical one-bed in Binghatti Avenue
50K100K202220242026Typical 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 2024: AED 120,000 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 E16 sits

All 414 1-beds →

E16 last sold in September 2024 at AED 647 per sqft, 46% below what one-beds in Binghatti Avenue were fetching at the time (AED 1,203). 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. E16's AED 120,000 is at the top 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 →

E16, Binghatti Avenue in numbers

  • Sold 3 times: first on 24 August 2021 for AED 700,000, last on 4 September 2024 for AED 865,000 (AED 647 per sqft).
  • Rented since September 2024 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 13.9%, before a service charge of about AED 20,500 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: YallaValue analysis of Dubai Land Department records. Updated 24 September 2024.

Questions about E16, Binghatti Avenue

What did unit E16 last sell for?

AED 865,000 on 4 September 2024: AED 647 per sqft for 1,337 sqft. The unit has 3 registered sales; the first was AED 700,000 in August 2021.

What is the rent for unit E16?

AED 120,000 a year on the contract signed on 24 September 2024.

How big is unit E16?

1,337 sqft (124.2 sqm): a one-bedroom apartment of a 27-storey tower completed in 2022.

What is unit E16 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 E16, Binghatti Avenue

Starts from the last sale price (AED 865K, 4 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 865,000
Deposit, UAE resident (20%)
AED 173,000
Deposit, non-resident (40%)
AED 346,000
Monthly over 25 years at 3.7%
AED 3,539

Plus AED 41,340 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →