Unit 246, Binghatti Phoenix: what it sold for and what it is worth now

Unit 246 at Binghatti Phoenix is a 2 bed of 1,138 sq ft. It last sold for AED 1,450,000 on 13 Dec 2024. 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 1,740,000 today.

Value todayAED 1,740,000AED 1,608,000 to AED 1,807,000
Last saleAED 1,450,00013 Dec 2024 · Off-plan
Change since last sale+20.0% 
Rent (median asking, 2 bed)AED 125,000Gross yield 7.2%
Bedrooms2 bed
Size1,138 sq ft
Floor2 (from the unit number)
Position in the towerStack 46: units ending 46 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit1

Every registered sale of unit 246

DatePriceSizeAED/sq ftType
13 Dec 2024AED 1,450,0001,138 sq ft1,274Off-plan

Units ending 46 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
84612 Aug 2025AED 2,021,2491,138 sq ft1,776Off-plan
64625 Dec 2024AED 1,540,0001,138 sq ft1,353Off-plan
74628 Nov 2024AED 1,500,0001,138 sq ft1,318Off-plan
3468 Nov 2024AED 1,450,0001,138 sq ft1,274Off-plan
4468 Nov 2024AED 1,450,0001,138 sq ft1,274Off-plan
1464 Oct 2024AED 900,000826 sq ft1,090Off-plan
54615 Jul 2024AED 1,390,0001,138 sq ft1,221Off-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
11823 Jul 2026AED 1,300,0001,191 sq ft1,092Resale
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

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 (1,138 sq ft). The range uses the middle half of those sales (AED 1,413 to AED 1,588 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 246 at Binghatti Phoenix worth?

About AED 1,740,000 (range AED 1,608,000 to AED 1,807,000), based on AED 1,529 per sq ft from registered sales up to 19 Oct 2026.

When did unit 246 last sell?

13 Dec 2024, for AED 1,450,000 (off-plan). It has 1 registered sale.

What rent can unit 246 make?

A 2 bed in Binghatti Phoenix rents for about AED 125,000 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 245 · Unit 247