Unit 423, Binghatti Skyflame 1: what it sold for and what it is worth now

Unit 423 at Binghatti Skyflame 1 is a studio of 514 sq ft. It last sold for AED 550,000 on 15 May 2026. At AED 1,070 per sq ft, from 19 sales of units ending 23 (same position in the tower), it is worth about AED 550,000 today.

Value todayAED 550,000AED 550,000 to AED 570,000
Last saleAED 550,00015 May 2026 · Off-plan
Change since last sale+0.0%Building trend alone: AED 550,000
Bedroomsstudio
Size514 sq ft
Floor4 (from the unit number)
Position in the towerStack 23: units ending 23 share the same layout and view
BuildingBinghatti Skyflame 1 by Binghatti Developers, handed over 2027
Registered sales of this unit1

Every registered sale of unit 423

DatePriceSizeAED/sq ftType
15 May 2026AED 550,000514 sq ft1,070Off-plan

Units ending 23 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
20235 Oct 2026AED 550,000514 sq ft1,070Off-plan
25232 Oct 2026AED 570,000514 sq ft1,109Off-plan
172311 Sep 2026AED 550,000514 sq ft1,070Off-plan
72310 Sep 2026AED 570,000514 sq ft1,109Off-plan
32319 Aug 2026AED 550,000514 sq ft1,070Off-plan
12233 Aug 2026AED 585,000514 sq ft1,138Off-plan
232325 Jul 2026AED 570,000514 sq ft1,109Off-plan
162320 Jul 2026AED 550,000514 sq ft1,070Off-plan

Latest studio sales in Binghatti Skyflame 1

UnitDatePriceSizeAED/sq ftType
14319 Oct 2026AED 719,999416 sq ft1,731Off-plan
192219 Oct 2026AED 590,000407 sq ft1,450Off-plan
201019 Oct 2026AED 649,699407 sq ft1,596Off-plan
71118 Oct 2026AED 570,000407 sq ft1,400Off-plan
260813 Oct 2026AED 550,000409 sq ft1,345Off-plan
54413 Oct 2026AED 570,000514 sq ft1,109Off-plan
271013 Oct 2026AED 550,000407 sq ft1,351Off-plan
64313 Oct 2026AED 550,000407 sq ft1,351Off-plan

How we worked out the value

We took the 19 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 1,070). We multiplied it by the size of this unit (514 sq ft). The range uses the middle half of those sales (AED 1,070 to AED 1,109 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 550,000. 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 423 at Binghatti Skyflame 1 worth?

About AED 550,000 (range AED 550,000 to AED 570,000), based on AED 1,070 per sq ft from registered sales up to 19 Oct 2026.

When did unit 423 last sell?

15 May 2026, for AED 550,000 (off-plan). It has 1 registered sale.

Sales alert for Binghatti Skyflame 1All sales in Binghatti Skyflame 1

Unit 422 · Unit 426