Unit 116, Binghatti Phoenix: what it sold for and what it is worth now

Unit 116 at Binghatti Phoenix is a studio of 446 sq ft. It last sold for AED 650,000 on 22 Jul 2024. At AED 1,704 per sq ft, from 10 sales in the building in the last 12 months (studio), it is worth about AED 760,000 today.

Value todayAED 760,000AED 712,000 to AED 794,000
Last saleAED 650,00022 Jul 2024 · Off-plan
Change since last sale+16.9% 
Rent (median asking, studio)AED 55,000Gross yield 7.2%
Bedroomsstudio
Size446 sq ft
Floor1 (from the unit number)
Position in the towerStack 16: units ending 16 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit1

Every registered sale of unit 116

DatePriceSizeAED/sq ftType
22 Jul 2024AED 650,000446 sq ft1,457Off-plan

Units ending 16 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
81626 Mar 2025AED 748,409426 sq ft1,757Off-plan
71628 Dec 2024AED 700,000426 sq ft1,643Off-plan
2164 Oct 2024AED 729,724426 sq ft1,713Off-plan
3164 Oct 2024AED 650,000426 sq ft1,526Off-plan
51618 Sep 2024AED 700,000426 sq ft1,643Off-plan
61626 Jul 2024AED 727,199426 sq ft1,707Off-plan
41612 Jul 2024AED 686,998426 sq ft1,613Off-plan

Latest studio sales in Binghatti Phoenix

UnitDatePriceSizeAED/sq ftType
10814 Sep 2026AED 702,000433 sq ft1,621Resale
21518 Aug 2026AED 686,000498 sq ft1,378Resale
34226 Jun 2026AED 690,000498 sq ft1,386Resale
84714 May 2026AED 700,000413 sq ft1,695Resale
6491 May 2026AED 650,000409 sq ft1,589Resale
81925 Mar 2026AED 805,000428 sq ft1,881Resale
54816 Mar 2026AED 730,000409 sq ft1,785Resale
4084 Mar 2026AED 750,000409 sq ft1,834Resale

How we worked out the value

We took the 10 sales in Binghatti Phoenix in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,704). We multiplied it by the size of this unit (446 sq ft). The range uses the middle half of those sales (AED 1,597 to AED 1,781 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 19 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 116 at Binghatti Phoenix worth?

About AED 760,000 (range AED 712,000 to AED 794,000), based on AED 1,704 per sq ft from registered sales up to 19 Oct 2026.

When did unit 116 last sell?

22 Jul 2024, for AED 650,000 (off-plan). It has 1 registered sale.

What rent can unit 116 make?

A studio in Binghatti Phoenix rents for about AED 55,000 a year (median asking rent). That is a gross yield of 7.2% on the estimate.

Sales alert for Binghatti PhoenixAll sales in Binghatti Phoenix

Unit 115 · Unit 117