Market bulletin · Thu, 22 Oct 2026
Binghatti Skyflame 1: median AED 1,399/sqft, up 0.8% over three months on 195 sales
Binghatti Skyflame 1 recorded 68 sales worth AED 62.4M in the 30 days to Thu, 22 Oct 2026, down 26.9% on the previous 30 days. Over the last week 18 sales were registered (AED 17.7M), against 8 the week before.
The median sale over the last three months was AED 620K, or AED 1,399/sqft — like-for-like prices per sqft up 0.8% on the previous three months. Monthly medians over the past year ranged from AED 1,350/sqft to AED 1,496/sqft.
By market over 12 months: developer off-plan sales 98.8%, off-plan resales 1.2%. Off-plan resales traded at a median 1.7% discount to developer prices per sqft.
In Majan, Binghatti Skyflame 1 ranked #3 of 11 leading projects by 12-month sales value; it is developed by Binghatti. Its first registered sale was on 20 April 2026.
Median AED/sqft
Monthly median of all registered sales
View data table
| Date | AED/sqft |
|---|---|
| Oct 26 | AED 1,403 |
| Sept 26 | AED 1,399 |
| Aug 26 | AED 1,399 |
| Jul 26 | AED 1,375 |
| Jun 26 | AED 1,429 |
| May 26 | AED 1,350 |
| Apr 26 | AED 1,496 |
Sales per month
Registered sales by market
View data table
| Date | Off-plan (developer) | Off-plan resale | Secondary (ready) |
|---|---|---|---|
| Oct 26 | 61 | 0 | 0 |
| Sept 26 | 100 | 0 | 0 |
| Aug 26 | 29 | 0 | 0 |
| Jul 26 | 20 | 1 | 0 |
| Jun 26 | 18 | 0 | 0 |
| May 26 | 322 | 6 | 0 |
| Apr 26 | 6 | 0 | 0 |
Period comparison
This market against its own past: each window vs the one before it and vs the same window a year earlier.
| Window | Sales | vs prior | Value | AED/sqft | vs prior |
|---|---|---|---|---|---|
| Last 1 month | 68 | down 26.9% | AED 62.4M | 1,418 | up 1.4% |
| Last 3 months | 195 | down 46.1% | AED 155M | 1,399 | up 3.6% |
| Last 6 months | 557 | up 9183.3% | AED 401M | 1,371 | down 8.4% |
| Last 12 months | 563 | — | AED 406M | 1,371 | — |
Raw medians — the headline change above is like-for-like (same market, type and bedrooms).
| Market | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Off-plan (developer) | 556 | 99% | AED 570K | 1,373 | — |
| Off-plan resale | 7 | 1% | AED 550K | 1,350 | — |
| Bedrooms | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Studio | 430 | 76% | AED 550K | 1,350 | — |
| 1 bedroom | 119 | 21% | AED 1.05M | 1,452 | — |
| 2 bedrooms | 14 | 2% | AED 1.79M | 852 | — |
| Price | Sales | Share | Median price | AED/sqft | 1Y |
|---|---|---|---|---|---|
| Under AED 2M | 561 | 100% | AED 570K | 1,373 | — |
| AED 2M–10M | 2 | 0% | — | — | — |
Competing projects in Majan
CompareOther projects trading in the same community
| Name | Sales 12M | AED/sqft | 3M |
|---|---|---|---|
| Binghatti VintageBinghatti | 1,395 | 1,603 | down 14.2% |
| Binghatti TitaniaBinghatti | 640 | 1,608 | down 0.4% |
| Taormina Village 1Reportage Real Estate | 129 | 1,203 | up 0.3% |
| Samana Barari HeightsSamana Developers | 279 | 1,822 | unchanged 0.0% |
| Binghatti Skyflame 2Binghatti | 288 | 1,405 | up 0.9% |
| Vincitore Wellness Estate Tower AVincitore Real Estate Development | 88 | 1,758 | up 2.1% |
| Forest City TowerAl Helal Al Zahaby Real Estate Development | 78 | 1,206 | — |
| Divine Al BarariTakmeel Real Estate Development | 83 | 1,381 | — |
| Bararigate by ADEA D E Properties | 93 | 1,604 | — |
| Tulip Oasis 10AME Real Estate Development | 63 | 1,220 | — |
Biggest sales, last 3 months
| Price | Property | Date |
|---|---|---|
| AED 2.20M | 2 BR Apartment · 2,234 sqftBinghatti Skyflame 1 · Majan | 17 Aug |
| AED 1.96M | 2 BR Apartment · 1,257 sqftBinghatti Skyflame 1 · Majan | 20 Oct |
| AED 1.80M | 2 BR Apartment · 2,113 sqftBinghatti Skyflame 1 · Majan | 8 Oct |
| AED 1.80M | 2 BR Apartment · 2,114 sqftBinghatti Skyflame 1 · Majan | 8 Oct |
| AED 1.78M | 2 BR Apartment · 2,113 sqftBinghatti Skyflame 1 · Majan | 19 Oct |
| AED 1.70M | 2 BR Apartment · 1,257 sqftBinghatti Skyflame 1 · Majan | 3 Oct |
Questions about Binghatti Skyflame 1
What is the average price per sqft in Binghatti Skyflame 1?
The median sale price in Binghatti Skyflame 1 over the last three months was AED 1,399 per sqft (median sale AED 620K), based on 195 sales registered with Dubai Land Department.
How many properties were sold in Binghatti Skyflame 1 in the last year?
563 sales worth AED 406M were registered in the last 12 months: 99% developer off-plan, 1% off-plan resales and 0% secondary (ready) sales.
Source: Dubai Land Department registrations, data through Thu, 22 Oct 2026. Medians need at least five sales; like-for-like changes compare the same market, property type and bedroom count. DLD files townhouses as villas — we split them out where the project or unit name says townhouse.
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