Unit 531, Binghatti Phoenix: what it sold for and what it is worth now

Unit 531 at Binghatti Phoenix is a 1 bed of 799 sq ft. It last sold for AED 1,100,000 on 14 Jul 2025. 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 1,188,000 today.

Value todayAED 1,188,000AED 1,085,000 to AED 1,260,000
Last saleAED 1,100,00014 Jul 2025 · Off-plan
Change since last sale+8.0%Building trend alone: AED 1,142,937
Rent (median asking, 1 bed)AED 85,000Gross yield 7.2%
Bedrooms1 bed
Size799 sq ft
Floor5 (from the unit number)
Position in the towerStack 31: units ending 31 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit2

Every registered sale of unit 531

DatePriceSizeAED/sq ftType
14 Jul 2025AED 1,100,000799 sq ft1,377Off-plan
16 Jul 2024AED 575,000799 sq ft720Off-plan

Units ending 31 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
63127 Aug 2025AED 1,030,000799 sq ft1,289Off-plan
43125 Jun 2025AED 975,000799 sq ft1,220Off-plan
73128 May 2025AED 1,000,000799 sq ft1,252Off-plan
33120 Feb 2025AED 950,000799 sq ft1,189Off-plan
23118 Dec 2024AED 970,000799 sq ft1,214Off-plan
8314 Nov 2024AED 700,000799 sq ft876Off-plan
13112 Aug 2024AED 967,999769 sq ft1,259Off-plan
63124 Jul 2024AED 575,000799 sq ft720Off-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 (799 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 1,142,937. 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 531 at Binghatti Phoenix worth?

About AED 1,188,000 (range AED 1,085,000 to AED 1,260,000), based on AED 1,487 per sq ft from registered sales up to 19 Oct 2026.

When did unit 531 last sell?

14 Jul 2025, for AED 1,100,000 (off-plan). It has 2 registered sales.

What rent can unit 531 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 530 · Unit 532