508, Binghatti Phantom
Sold prices and rental history: sold once, by the developer in May 2024, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Binghatti Phantom
What is 508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 791 sqft
- Floor
- 5th of 39
- Parking
- 1
- Developer
- Binghatti
- Last sold
- AED 1.1M · May 2024
- Building
- Binghatti Phantom
About 508, Binghatti Phantom
508 is a one-bedroom apartment of 791 sqft on the 5th floor of Binghatti Phantom, a 39-storey tower in Jumeirah Village Circle (JVC) by Binghatti. The developer sold it on 1 May 2024 for AED 1,096,499, or AED 1,385 per sqft, in line with the AED 1,385 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 22 January 2026. The current contract, signed on 22 January 2026, is AED 90,000 a year: a gross yield of 8.2% on the 2024 price.
Sales and rents for 508 over time
508 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Binghatti Phantom, and where 508 sits
All 327 1-beds →508 last sold in May 2024 at AED 1,385 per sqft, in line with what one-beds in Binghatti Phantom were fetching at the time (AED 1,385). Over the last 12 months one-beds sold for AED 1,200,000 to 1,850,000, around AED 1,641 per sqft, and rent for AED 84,748 to 120,000 a year. 508's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 12 Feb 202612 February 2026 | 795 sqft | 1,600,000 | 2,012 | ||
| 27 Jan 202627 January 2026 | 912 sqft | 1,360,000 | 1,491 | ||
| 26 Jan 202626 January 2026 | 911 sqft | 1,350,000 | 1,482 | ||
| 23 Jan 202623 January 2026 | 795 sqft | 1,340,000 | 1,684 |
Binghatti Phantom
Building351 apartments, 1-bed to 3-bed over 39 floors in Jumeirah Village Circle (JVC) by Binghatti. 16 sold in the last 12 months.
- Typical price per sqft
- AED 1,641 Up 8.2%
- Typical sale
- AED 1.43M
- Typical rent
- AED 100K /yr
- Typical yield
- 7.3%
Other units on the 5th floor
All 351 units in Binghatti Phantom| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 913 sqft | AED 1.19MAED 1,193,399 · Mar 2025March 2025 | ||
| 502 | 1-bed | 791 sqft | AED 1.1MAED 1,096,499 · May 2024May 2024 | ||
| 503 | 1-bed | 791 sqft | AED 1.1MAED 1,096,499 · Jun 2024June 2024 | ||
| 504 | 1-bed | 791 sqft | AED 1.06MAED 1,063,999 · Jun 2024June 2024 | ||
| 505 | 1-bed | 913 sqft | AED 1.31MAED 1,308,999 · Jun 2024June 2024 | 93,500 /yr | |
| 506 | 1-bed | 913 sqft | AED 1.23MAED 1,231,999 · May 2024May 2024 | ||
| 507 | 1-bed | 791 sqft | AED 1.1MAED 1,096,499 · May 2024May 2024 | ||
| 509 | 1-bed | 791 sqft | AED 1.1MAED 1,096,499 · May 2024May 2024 | ||
| 510 | 1-bed | 913 sqft | AED 1.2MAED 1,200,000 · Nov 2024November 2024 |
508, Binghatti Phantom in numbers
- Sold once: by Binghatti on 1 May 2024 for AED 1,096,499, or AED 1,385 per sqft.
- Rented since January 2026 on one Ejari contract, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2024 price is 8.2%.
- One-beds in Binghatti Phantom sold for AED 1,200,000–1,850,000 in the 12 months to November 2026; the building's median across all types is AED 1,641 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 22 January 2026.
Questions about 508, Binghatti Phantom
What did unit 508 last sell for?
AED 1,096,499 on 1 May 2024, sold by the developer: AED 1,385 per sqft for 791 sqft. It is the only registered sale of the unit.
What is the rent for unit 508?
AED 90,000 a year on the contract signed on 22 January 2026.
How big is unit 508?
791 sqft (73.5 sqm): a one-bedroom apartment on the 5th floor of a 39-storey tower.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Phantom sold for AED 1,200,000 to 1,850,000 in the last 12 months, around AED 1,641 per sqft.
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Mortgage on 508, Binghatti Phantom
Starts from the last sale price (AED 1.1M, 1 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,096,499
- Deposit, UAE resident (20%)
- AED 219,300
- Deposit, non-resident (40%)
- AED 438,600
- Monthly over 25 years at 3.7%
- AED 4,486
Plus AED 51,063 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →