Unit 1240, Binghatti Azure: what it sold for and what it is worth now

Unit 1240 at Binghatti Azure is a 1 bed of 702 sq ft. It last sold for AED 800,000 on 2 May 2024. At AED 1,425 per sq ft, from 34 sales in the building in the last 12 months (1 bed), it is worth about AED 1,000,000 today.

Value todayAED 1,000,000AED 949,000 to AED 1,064,000
Last saleAED 800,0002 May 2024 · Off-plan
Change since last sale+25.0% 
Rent (median asking, 1 bed)AED 70,000Gross yield 7.0%
Bedrooms1 bed
Size702 sq ft
Floor12 (from the unit number)
Position in the towerStack 40: units ending 40 share the same layout and view
BuildingBinghatti Azure by Binghatti Developers, handed over 2024
Registered sales of this unit1

Every registered sale of unit 1240

DatePriceSizeAED/sq ftType
2 May 2024AED 800,000702 sq ft1,140Off-plan

Units ending 40 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
114022 Jul 2026AED 960,000705 sq ft1,362Resale
144011 Feb 2026AED 1,075,000702 sq ft1,531Resale
134031 Oct 2024AED 852,000705 sq ft1,209Off-plan
3406 Aug 2024AED 836,000696 sq ft1,201Off-plan
4406 May 2024AED 815,000702 sq ft1,161Off-plan
5401 May 2024AED 871,200699 sq ft1,246Off-plan
94025 Apr 2024AED 850,000699 sq ft1,216Off-plan
74023 Apr 2024AED 842,000699 sq ft1,205Off-plan

Latest 1 bed sales in Binghatti Azure

UnitDatePriceSizeAED/sq ftType
44514 Sep 2026AED 1,050,000728 sq ft1,442Resale
84511 Sep 2026AED 1,140,000729 sq ft1,564Resale
9153 Sep 2026AED 925,000746 sq ft1,240Resale
16011 Sep 2026AED 1,231,000983 sq ft1,252Resale
40621 Aug 2026AED 900,000676 sq ft1,331Resale
8095 Aug 2026AED 995,000736 sq ft1,352Resale
34124 Jul 2026AED 1,030,000728 sq ft1,415Resale
114022 Jul 2026AED 960,000705 sq ft1,362Resale

How we worked out the value

We took the 34 sales in Binghatti Azure in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,425). We multiplied it by the size of this unit (702 sq ft). The range uses the middle half of those sales (AED 1,352 to AED 1,515 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 8 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1240 at Binghatti Azure worth?

About AED 1,000,000 (range AED 949,000 to AED 1,064,000), based on AED 1,425 per sq ft from registered sales up to 8 Oct 2026.

When did unit 1240 last sell?

2 May 2024, for AED 800,000 (off-plan). It has 1 registered sale.

What rent can unit 1240 make?

A 1 bed in Binghatti Azure rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.0% on the estimate.

Sales alert for Binghatti AzureAll sales in Binghatti Azure

Unit 1239 · Unit 1241