Unit 118, Binghatti Phoenix: what it sold for and what it is worth now

Unit 118 at Binghatti Phoenix is a 2 bed of 1,191 sq ft. It last sold for AED 1,300,000 on 23 Jul 2026. At AED 1,529 per sq ft, from 13 sales in the building in the last 12 months (2 bed), it is worth about AED 1,822,000 today.

Value todayAED 1,822,000AED 1,683,000 to AED 1,891,000
Last saleAED 1,300,00023 Jul 2026 · Resale
Change since last sale+40.2%Building trend alone: AED 1,290,975
Rent (median asking, 2 bed)AED 125,000Gross yield 6.9%
Bedrooms2 bed
Size1,191 sq ft
Floor1 (from the unit number)
Position in the towerStack 18: units ending 18 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit2

Every registered sale of unit 118

DatePriceSizeAED/sq ftType
23 Jul 2026AED 1,300,0001,191 sq ft1,092Resale
24 Jul 2024AED 1,770,9991,191 sq ft1,487Off-plan

Units ending 18 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
21811 Mar 2026AED 1,890,0001,163 sq ft1,625Resale
41828 Jan 2025AED 1,450,0001,163 sq ft1,247Off-plan
31828 Nov 2024AED 1,500,0001,163 sq ft1,290Off-plan
81818 Nov 2024AED 1,000,0001,163 sq ft860Off-plan
2187 Nov 2024AED 1,450,0001,163 sq ft1,247Off-plan
71825 Jul 2024AED 1,000,0001,163 sq ft860Off-plan
51824 Jul 2024AED 1,550,0001,163 sq ft1,333Off-plan

Latest 2 bed sales in Binghatti Phoenix

UnitDatePriceSizeAED/sq ftType
11721 Sep 2026AED 1,657,4241,196 sq ft1,386Resale
34014 Sep 2026AED 1,690,0001,157 sq ft1,461Resale
61711 Sep 2026AED 1,635,0001,157 sq ft1,413Resale
14022 May 2026AED 1,490,7741,202 sq ft1,240Resale
12314 Apr 2026AED 1,820,0001,190 sq ft1,529Resale
21811 Mar 2026AED 1,890,0001,163 sq ft1,625Resale
1284 Mar 2026AED 1,880,0001,190 sq ft1,580Resale
53423 Feb 2026AED 1,970,0001,164 sq ft1,692Resale

How we worked out the value

We took the 13 sales in Binghatti Phoenix in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 1,529). We multiplied it by the size of this unit (1,191 sq ft). The range uses the middle half of those sales (AED 1,413 to AED 1,588 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,290,975. 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 118 at Binghatti Phoenix worth?

About AED 1,822,000 (range AED 1,683,000 to AED 1,891,000), based on AED 1,529 per sq ft from registered sales up to 19 Oct 2026.

When did unit 118 last sell?

23 Jul 2026, for AED 1,300,000 (resale). It has 2 registered sales.

What rent can unit 118 make?

A 2 bed in Binghatti Phoenix rents for about AED 125,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for Binghatti PhoenixAll sales in Binghatti Phoenix

Unit 117 · Unit 119