1-bed · 1,155 sqftBinghatti Gateway, Al Jadaf · 1st floor · completed 2021

109, Binghatti Gateway

Sold prices and rental history: sold twice, last in July 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 22 July 2024
Last soldAED 1.22M22 July 2024
Current rentAED 45K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Binghatti Gateway

What is 109 worth today?

Last sold for AED 1,220,000 in 2024

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22 Jul 2024SoldReady
AED 1,220,000AED 1,055 per sqft
1 Feb 2023RentedRenewal
AED 45,000/yr12 months · AED 39 per sqft
1 Feb 2022RentedNew contract
AED 45,000/yr12 months · AED 39 per sqft
23 May 2021Sold by developerOff-plan
AED 550,000AED 627 per sqft

Source: Dubai Land Department. Updated 22 July 2024.

Key facts

Type
1-bed apartment
Size
1,155 sqft
Floor
1st of 14
Parking
P2-231
Developer
Binghatti
Completed
2021
Service charge
AED 23,700 /yr
Last sold
AED 1.22M · July 2024

About 109, Binghatti Gateway

109 is a one-bedroom apartment of 1,155 sqft on the 1st floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. It last sold on 22 July 2024 for AED 1,220,000, or AED 1,055 per sqft, in line with the AED 1,033 one-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 45,000 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 23,700 a year.

Sales and rents for 109 over time

Sales
Unit 109, each saleTypical one-bed in Binghatti Gateway
500K1M20192021202320252027Typical 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, May 2021: AED 550,000 (AED 627 per sqft)Sold, July 2024: AED 1,220,000 (AED 1,055 per sqft)

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

Rents
Unit 109, 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, February 2022: AED 45,000 a yearRenewal, February 2023: AED 45,000 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 109 sits

All 139 1-beds →

109 last sold in July 2024 at AED 1,055 per sqft, in line with what one-beds in Binghatti Gateway were fetching at the time (AED 1,033). 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. 109's AED 45,000 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 1st floor

All 181 units in Binghatti Gateway
Value
1011-bedAED 550K · May 2021
1022-bedAED 1.42M · Oct 2024
1031-bedAED 668K · May 2021
1041-bedAED 600K · Jul 2021
1051-bedAED 560K · May 2021
1061-bedAED 560K · Jun 2021
1071-bedAED 655K · Aug 2021
1–7 of 11

109, Binghatti Gateway in numbers

  • Sold twice: first on 23 May 2021 for AED 550,000, last on 22 July 2024 for AED 1,220,000 (AED 1,055 per sqft).
  • Rented since February 2022 on 2 Ejari contracts, at AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 23,700 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 22 July 2024.

Questions about 109, Binghatti Gateway

What did unit 109 last sell for?

AED 1,220,000 on 22 July 2024: AED 1,055 per sqft for 1,155 sqft. The unit has 2 registered sales; the first was AED 550,000 in May 2021.

What is the rent for unit 109?

AED 45,000 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 45,000.

How big is unit 109?

1,155 sqft (107.3 sqm): a one-bedroom apartment on the 1st floor of a 14-storey tower completed in 2021.

What is unit 109 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 109, Binghatti Gateway

Starts from the last sale price (AED 1.22M, 22 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

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