What does a 1 bedroom in Binghatti Skyflame cost by handover?
Short answer
About AED 1,144,000, before small admin fees. On Binghatti's 20 / 50 / 30 payment plan you pay AED 264,000 at booking (20% of the price plus the 4% DLD fee), AED 550,000 during construction and AED 330,000 at completion, which is set for 31 December 2027. Service charges start after handover.
Cash at booking
AED264,000
20% plus 4% DLD fee
During construction
AED550,000
50% of price
At completion, Dec 2027
AED330,000
30% of price
Total before admin fees
AED1,144,000
On a AED 1.1M unit
The payment calendar
The example unit is a 1 bedroom of 680 sq ft, listed from AED 1,100,000 (Binghatti, September 2026). The plan is 20% at booking, 50% during construction and 30% at completion. The 4% DLD fee is the Dubai Land Department’s registration fee, paid once on the full price.
| Stage | Share | Amount (AED) | When |
|---|---|---|---|
| Booking | 20% | 220,000 | At booking |
| DLD registration fee | 4% | 44,000 | At booking or SPA signing |
| Cash needed at booking | 264,000 | ||
| Construction instalments | 50% | 550,000 | Between booking and completion, per the SPA schedule |
| Completion | 30% | 330,000 | Completion, set for 31 Dec 2027 |
| Total | 1,144,000 | Plus small DLD and admin fees |
What that means each month
If the AED 550,000 of construction payments were spread evenly over the 15 months from October 2026 to December 2027, you would pay about AED 36,700 a month. In practice Binghatti sets the instalment dates in the SPA, usually tied to construction milestones, so ask for the schedule for your specific unit.
Costs after handover
- Service charges. These are the yearly fees owners pay for the building’s upkeep and shared facilities. DLD’s service charge index does not yet list this building, so ask the developer for its estimate in writing.
- Mortgage costs, if you finance the completion payment. Mortgage registration is 0.25% of the loan plus admin charges (Projectory).
- Furnishing and letting costs, if you plan to rent the unit out.
The rent this price implies
Property Finder reports an average gross yield of about 8% for Majan apartments. At AED 1.1 million, an 8% gross yield means about AED 88,000 a year in rent, before service charges and empty months. Compare that with what 1 bedroom units actually rent for in Majan buildings that have already been handed over.
Questions buyers also ask
Do I pay an agency fee on a new Binghatti unit?
Often not. When you buy directly from the developer, the agency fee is often zero because the developer pays the broker. Confirm this in writing before you book. On a resale, the typical agency fee is 2%.
When is the 4% DLD fee paid?
At booking or when you sign the SPA. It is 4% of the full purchase price and is not spread across the payment plan (Projectory, May 2026).
What rent would a 1 bedroom need to earn an 8% gross yield?
About AED 88,000 a year at a price of AED 1.1 million. Gross yield is the yearly rent divided by the price, before any costs. Property Finder reports an average gross yield of about 8% for Majan apartments. Check what 1 bedroom units in Majan actually rent for before you rely on that figure.
