2-bed · 1,770 sqftBinghatti Gateway, Al Jadaf · 1st floor · completed 2021

112, Binghatti Gateway

Sold prices and rental history: sold twice, last in December 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 23 December 2024
Last soldAED 1.3M23 December 2024
Current rentAED 85K /yr15 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Binghatti Gateway

What is 112 worth today?

Last sold for AED 1,300,000 in 2024

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23 Dec 2024SoldReady
AED 1,300,000AED 734 per sqft
15 Feb 2023RentedNew contract
AED 85,000/yr12 months · AED 48 per sqft
1 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 28 per sqft
20 Oct 2021Sold by developerReady
AED 850,000AED 480 per sqft

Source: Dubai Land Department. Updated 23 December 2024.

Key facts

Type
2-bed apartment
Size
1,770 sqft
Floor
1st of 14
Parking
M-142
Developer
Binghatti
Completed
2021
Service charge
AED 36,300 /yr
Last sold
AED 1.3M · December 2024

About 112, Binghatti Gateway

112 is a two-bedroom apartment of 1,770 sqft on the 1st floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. It last sold on 23 December 2024 for AED 1,300,000, or AED 734 per sqft, 24% below the AED 960 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 February 2023, is AED 85,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 36,300 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Binghatti Gateway
750K1M1.25M2019202120232025Typical sale price by year: 2019 AED 841,932; 2020 AED 820,000; 2021 AED 807,500; 2022 AED 915,000; 2023 AED 1,000,000; 2024 AED 1,300,000Sold by developer, October 2021: AED 850,000 (AED 480 per sqft)Sold, December 2024: AED 1,300,000 (AED 734 per sqft)

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

Rents
Unit 112, each contractTypical two-bed in Binghatti Gateway
60K80K2021202320252027Typical rent by year: 2021 AED 58,000; 2022 AED 70,000; 2023 AED 79,000; 2024 AED 89,000; 2025 AED 90,000; 2026 AED 82,000New contract, November 2021: AED 50,000 a yearNew contract, February 2023: AED 85,000 a year

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

2-beds in Binghatti Gateway, and where 112 sits

All 42 2-beds →

112 last sold in December 2024 at AED 734 per sqft, 24% below what two-beds in Binghatti Gateway were fetching at the time (AED 960). Over the last 12 months two-beds sold for AED 1,300,000, around AED 1,257 per sqft, and rent for AED 73,500 to 100,000 a year. 112's AED 85,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Feb 20261,300,000
20 Jun 20251,340,000
8 Nov 20241,210,000
7 Oct 20241,415,000
1 2-bed sale 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

112, Binghatti Gateway in numbers

  • Sold twice: first on 20 October 2021 for AED 850,000, last on 23 December 2024 for AED 1,300,000 (AED 734 per sqft).
  • Rented since November 2021 on 2 Ejari contracts, from AED 50,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 36,300 a year (AED 20.49 per sqft).
  • Two-beds in Binghatti Gateway sold for AED 1,300,000–1,300,000 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 23 December 2024.

Questions about 112, Binghatti Gateway

What did unit 112 last sell for?

AED 1,300,000 on 23 December 2024: AED 734 per sqft for 1,770 sqft. The unit has 2 registered sales; the first was AED 850,000 in October 2021.

What is the rent for unit 112?

AED 85,000 a year on the contract signed on 15 February 2023. The previous contract, from November 2021, was AED 50,000.

How big is unit 112?

1,770 sqft (164.4 sqm): a two-bedroom apartment on the 1st floor of a 14-storey tower completed in 2021.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Gateway sold for AED 1,300,000 to 1,300,000 in the last 12 months, around AED 1,257 per sqft.

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Mortgage on 112, Binghatti Gateway

Starts from the last sale price (AED 1.3M, 23 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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