Unit 742, Binghatti Phoenix: what it sold for and what it is worth now

Unit 742 at Binghatti Phoenix is a studio of 498 sq ft. It last sold for AED 700,000 on 18 Nov 2024. At AED 1,704 per sq ft, from 10 sales in the building in the last 12 months (studio), it is worth about AED 849,000 today.

Value todayAED 849,000AED 795,000 to AED 887,000
Last saleAED 700,00018 Nov 2024 · Off-plan
Change since last sale+21.3% 
Rent (median asking, studio)AED 55,000Gross yield 6.5%
Bedroomsstudio
Size498 sq ft
Floor7 (from the unit number)
Position in the towerStack 42: units ending 42 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit1

Every registered sale of unit 742

DatePriceSizeAED/sq ftType
18 Nov 2024AED 700,000498 sq ft1,406Off-plan

Units ending 42 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
34226 Jun 2026AED 690,000498 sq ft1,386Resale
34229 Dec 2024AED 700,000498 sq ft1,406Off-plan
84228 Dec 2024AED 724,999498 sq ft1,456Off-plan
2422 Sep 2024AED 772,649498 sq ft1,552Off-plan
14213 Aug 2024AED 717,186435 sq ft1,649Off-plan
54212 Aug 2024AED 747,399498 sq ft1,501Off-plan
64225 Jul 2024AED 720,000498 sq ft1,446Off-plan
44212 Jul 2024AED 737,299498 sq ft1,481Off-plan

Latest studio sales in Binghatti Phoenix

UnitDatePriceSizeAED/sq ftType
10814 Sep 2026AED 702,000433 sq ft1,621Resale
21518 Aug 2026AED 686,000498 sq ft1,378Resale
34226 Jun 2026AED 690,000498 sq ft1,386Resale
84714 May 2026AED 700,000413 sq ft1,695Resale
6491 May 2026AED 650,000409 sq ft1,589Resale
81925 Mar 2026AED 805,000428 sq ft1,881Resale
54816 Mar 2026AED 730,000409 sq ft1,785Resale
4084 Mar 2026AED 750,000409 sq ft1,834Resale

How we worked out the value

We took the 10 sales in Binghatti Phoenix in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 1,704). We multiplied it by the size of this unit (498 sq ft). The range uses the middle half of those sales (AED 1,597 to AED 1,781 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 742 at Binghatti Phoenix worth?

About AED 849,000 (range AED 795,000 to AED 887,000), based on AED 1,704 per sq ft from registered sales up to 19 Oct 2026.

When did unit 742 last sell?

18 Nov 2024, for AED 700,000 (off-plan). It has 1 registered sale.

What rent can unit 742 make?

A studio in Binghatti Phoenix rents for about AED 55,000 a year (median asking rent). That is a gross yield of 6.5% on the estimate.

Sales alert for Binghatti PhoenixAll sales in Binghatti Phoenix

Unit 741 · Unit 743