Unit 823, Binghatti Phoenix: what it sold for and what it is worth now

Unit 823 at Binghatti Phoenix is a 2 bed of 1,164 sq ft. It last sold for AED 1,500,000 on 7 Nov 2024. At AED 1,546 per sq ft, from 4 sales of units ending 23 (same position in the tower), it is worth about AED 1,800,000 today.

Value todayAED 1,800,000AED 1,773,000 to AED 1,837,000
Last saleAED 1,500,0007 Nov 2024 · Off-plan
Change since last sale+20.0% 
Rent (median asking, 2 bed)AED 125,000Gross yield 6.9%
Bedrooms2 bed
Size1,164 sq ft
Floor8 (from the unit number)
Position in the towerStack 23: units ending 23 share the same layout and view
BuildingBinghatti Phoenix by Binghatti Developers, handed over 2025
Registered sales of this unit1

Every registered sale of unit 823

DatePriceSizeAED/sq ftType
7 Nov 2024AED 1,500,0001,164 sq ft1,289Off-plan

Units ending 23 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
12314 Apr 2026AED 1,820,0001,190 sq ft1,529Resale
32317 Feb 2026AED 1,820,0001,164 sq ft1,564Resale
72320 Jan 2026AED 1,890,0001,164 sq ft1,624Resale
5232 Jan 2026AED 1,750,0001,164 sq ft1,503Resale
22326 Nov 2024AED 1,450,0001,164 sq ft1,246Off-plan
3238 Nov 2024AED 1,450,0001,164 sq ft1,246Off-plan
6238 Nov 2024AED 1,450,0001,164 sq ft1,246Off-plan
1237 Nov 2024AED 1,450,0001,190 sq ft1,218Off-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 4 resale sales of units ending 23 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 1,546). We multiplied it by the size of this unit (1,164 sq ft). The range uses the middle half of those sales (AED 1,523 to AED 1,579 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 823 at Binghatti Phoenix worth?

About AED 1,800,000 (range AED 1,773,000 to AED 1,837,000), based on AED 1,546 per sq ft from registered sales up to 19 Oct 2026.

When did unit 823 last sell?

7 Nov 2024, for AED 1,500,000 (off-plan). It has 1 registered sale.

What rent can unit 823 make?

A 2 bed in Binghatti Phoenix rents for about AED 125,000 a year (median asking rent). That is a gross yield of 6.9% on the estimate.

Sales alert for Binghatti PhoenixAll sales in Binghatti Phoenix

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