Unit 506, Binghatti Phoenix: what it sold for and what it is worth now

Unit 506 at Binghatti Phoenix is a 1 bed of 797 sq ft. It last sold for AED 1,100,000 on 12 Jun 2026. At AED 1,487 per sq ft, from 70 sales in the building in the last 12 months (1 bed), it is worth about AED 1,185,000 today.

Value todayAED 1,185,000AED 1,082,000 to AED 1,257,000
Last saleAED 1,100,00012 Jun 2026 · Resale
Change since last sale+7.7%Building trend alone: AED 1,100,000
Rent (median asking, 1 bed)AED 85,000Gross yield 7.2%
Bedrooms1 bed
Size797 sq ft
Floor5 (from the unit number)
Position in the towerStack 06: units ending 06 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit2

Every registered sale of unit 506

DatePriceSizeAED/sq ftType
12 Jun 2026AED 1,100,000797 sq ft1,380Resale
24 Sep 2024AED 920,000797 sq ft1,154Off-plan

Units ending 06 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
1062 Feb 2026AED 1,100,000826 sq ft1,332Resale
80615 Sep 2025AED 1,478,124797 sq ft1,855Off-plan
20621 Apr 2025AED 900,000797 sq ft1,129Off-plan
70621 Oct 2024AED 900,000797 sq ft1,129Off-plan
30618 Oct 2024AED 900,000797 sq ft1,129Off-plan
1064 Oct 2024AED 900,000826 sq ft1,090Off-plan
40625 Jul 2024AED 900,000797 sq ft1,129Off-plan
60615 Jul 2024AED 900,000797 sq ft1,129Off-plan

Latest 1 bed sales in Binghatti Phoenix

UnitDatePriceSizeAED/sq ftType
41319 Oct 2026AED 990,000765 sq ft1,294Resale
33214 Oct 2026AED 1,235,000799 sq ft1,546Resale
53212 Oct 2026AED 1,200,000799 sq ft1,502Resale
72224 Sep 2026AED 1,240,000766 sq ft1,619Resale
50531 Aug 2026AED 1,070,000797 sq ft1,343Resale
83224 Aug 2026AED 883,200799 sq ft1,105Resale
12118 Aug 2026AED 1,230,000786 sq ft1,565Resale
45417 Aug 2026AED 1,050,000800 sq ft1,313Resale

How we worked out the value

We took the 70 sales in Binghatti Phoenix in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,487). We multiplied it by the size of this unit (797 sq ft). The range uses the middle half of those sales (AED 1,358 to AED 1,577 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,100,000. 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 506 at Binghatti Phoenix worth?

About AED 1,185,000 (range AED 1,082,000 to AED 1,257,000), based on AED 1,487 per sq ft from registered sales up to 19 Oct 2026.

When did unit 506 last sell?

12 Jun 2026, for AED 1,100,000 (resale). It has 2 registered sales.

What rent can unit 506 make?

A 1 bed in Binghatti Phoenix rents for about AED 85,000 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 505 · Unit 507