Unit 724, Binghatti Phoenix: what it sold for and what it is worth now

Unit 724 at Binghatti Phoenix is a 1 bed of 800 sq ft. It last sold for AED 1,300,000 on 24 Feb 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 1,189,000 today.

Value todayAED 1,189,000AED 1,086,000 to AED 1,261,000
Last saleAED 1,300,00024 Feb 2026 · Resale
Change since last sale-8.5%Building trend alone: AED 1,300,000
Rent (median asking, 1 bed)AED 85,000Gross yield 7.1%
Bedrooms1 bed
Size800 sq ft
Floor7 (from the unit number)
Position in the towerStack 24: units ending 24 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit2

Every registered sale of unit 724

DatePriceSizeAED/sq ftType
24 Feb 2026AED 1,300,000800 sq ft1,625Resale
2 Sep 2024AED 1,044,999800 sq ft1,306Off-plan

Units ending 24 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
32426 Dec 2025AED 1,170,000800 sq ft1,463Resale
82428 Aug 2025AED 1,507,686800 sq ft1,885Off-plan
62427 Dec 2024AED 1,000,000800 sq ft1,250Off-plan
5247 Oct 2024AED 900,000800 sq ft1,125Off-plan
42419 Sep 2024AED 940,000800 sq ft1,175Off-plan
2242 Sep 2024AED 1,044,999800 sq ft1,306Off-plan
3242 Sep 2024AED 980,000800 sq ft1,225Off-plan
12412 Aug 2024AED 1,034,000824 sq ft1,255Off-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 (800 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 1,300,000. 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 724 at Binghatti Phoenix worth?

About AED 1,189,000 (range AED 1,086,000 to AED 1,261,000), based on AED 1,487 per sq ft from registered sales up to 19 Oct 2026.

When did unit 724 last sell?

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

What rent can unit 724 make?

A 1 bed in Binghatti Phoenix rents for about AED 85,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for Binghatti PhoenixAll sales in Binghatti Phoenix

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