1-bed · 817 sqftBinghatti Gateway, Al Jadaf · 10th floor · completed 2021

1010, Binghatti Gateway

Sold prices and rental history: sold once, by the developer in September 2020, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1010 · DLD and Ejari recordsUpdated 1 December 2022
Last soldAED 600K7 September 2020
Current rentAED 42K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1010, Binghatti Gateway

What is 1010 worth today?

Last sold for AED 600,000 in 2020

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1 Dec 2022RentedRenewal
AED 42,000/yr12 months · AED 51 per sqft
1 Dec 2021RentedNew contract
AED 42,000/yr12 months · AED 51 per sqft
7 Sep 2020Sold by developerOff-plan
AED 600,000AED 734 per sqft

Source: Dubai Land Department. Updated 1 December 2022.

Key facts

Type
1-bed apartment
Size
817 sqft
Floor
10th of 14
Parking
P1-187
Developer
Binghatti
Completed
2021
Service charge
AED 16,700 /yr
Last sold
AED 600K · September 2020

About 1010, Binghatti Gateway

1010 is a one-bedroom apartment of 817 sqft on the 10th floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. The developer sold it on 7 September 2020 for AED 600,000, or AED 734 per sqft, 14% below the AED 854 one-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 42,000 a year: a gross yield of 7.0% on the 2020 price, before the service charge of about AED 16,700 a year.

Sales and rents for 1010 over time

Sales
Unit 1010, each saleTypical one-bed in Binghatti Gateway
600K800K20192021202320252027Typical sale price by year: 2019 AED 656,000; 2020 AED 644,203; 2021 AED 637,500; 2022 AED 660,000; 2023 AED 722,500; 2024 AED 850,000; 2025 AED 900,000; 2026 AED 900,000Sold by developer, September 2020: AED 600,000 (AED 734 per sqft)

1010 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1010, each contractTypical one-bed in Binghatti Gateway
40K60K2021202320252027Typical rent by year: 2021 AED 42,000; 2022 AED 45,000; 2023 AED 55,000; 2024 AED 63,000; 2025 AED 68,000; 2026 AED 65,804New contract, December 2021: AED 42,000 a yearRenewal, December 2022: AED 42,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Binghatti Gateway, and where 1010 sits

All 139 1-beds →

1010 last sold in September 2020 at AED 734 per sqft, 14% below what one-beds in Binghatti Gateway were fetching at the time (AED 854). Over the last 12 months one-beds sold for AED 890,000 to 1,446,999, around AED 1,193 per sqft, and rent for AED 50,000 to 92,000 a year. 1010's AED 42,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
29 Jul 2026990,000
20 Jul 2026900,000
8 Jun 2026900,000
10 Apr 2026930,000
9 1-bed sales in the last 12 months

Binghatti Gateway

Building

181 apartments, 1-bed to 2-bed over 14 floors in Al Jadaf, completed in 2021 by Binghatti. 10 sold in the last 12 months.

Typical price per sqft
AED 1,205 Up 7.8%
Typical sale
AED 900K
Typical rent
AED 68K /yr
Typical yield
6.8%
Binghatti Gateway, Al Jadaf: prices, sales and rents →

Other units on the 10th floor

All 181 units in Binghatti Gateway
Value
10011-bedAED 850K · Jan 2025
10022-bedAED 780K · Sep 2020
10031-bedAED 590K · Sep 2021
10041-bedAED 647K · Jun 2021
10051-bedAED 675K · Aug 2021
10061-bedAED 600K · Dec 2020
10071-bedAED 600K · Sep 2020
1–7 of 12

1010, Binghatti Gateway in numbers

  • Sold once: by Binghatti on 7 September 2020 for AED 600,000, or AED 734 per sqft.
  • Rented since December 2021 on 2 Ejari contracts, at AED 42,000 a year.
  • At AED 42,000 a year the gross yield on the 2020 price is 7.0%, before a service charge of about AED 16,700 a year (AED 20.49 per sqft).
  • One-beds in Binghatti Gateway sold for AED 890,000–1,446,999 in the 12 months to November 2026; the building's median across all types is AED 1,205 per sqft.

Source: Dubai Land Department. Updated 1 December 2022.

Questions about 1010, Binghatti Gateway

What did unit 1010 last sell for?

AED 600,000 on 7 September 2020, sold by the developer: AED 734 per sqft for 817 sqft. It is the only registered sale of the unit.

What is the rent for unit 1010?

AED 42,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 42,000.

How big is unit 1010?

817 sqft (75.9 sqm): a one-bedroom apartment on the 10th floor of a 14-storey tower completed in 2021.

What is unit 1010 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Gateway sold for AED 890,000 to 1,446,999 in the last 12 months, around AED 1,193 per sqft.

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Mortgage on 1010, Binghatti Gateway

Starts from the last sale price (AED 600K, 7 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 600,000
Deposit, UAE resident (20%)
AED 120,000
Deposit, non-resident (40%)
AED 240,000
Monthly over 25 years at 3.7%
AED 2,455

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →