1-bed · 742 sqftBinghatti Gateway, Al Jadaf · 14th floor · completed 2021

1403, Binghatti Gateway

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

Unit 1403 · DLD and Ejari recordsUpdated 25 April 2024
Last soldAED 600K18 January 2021
Current rentAED 65K /yr25 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1403, Binghatti Gateway

What is 1403 worth today?

Last sold for AED 600,000 in 2021

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25 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 88 per sqft
20 Dec 2022RentedNew contract
AED 50,000/yr12 months · AED 67 per sqft
8 Nov 2021RentedNew contract
AED 43,000/yr13 months · AED 58 per sqft
18 Jan 2021Sold by developerOff-plan
AED 600,000AED 808 per sqft

Source: Dubai Land Department. Updated 25 April 2024.

Key facts

Type
1-bed apartment
Size
742 sqft
Floor
14th of 14
Parking
P2-260
Developer
Binghatti
Completed
2021
Service charge
AED 15,200 /yr
Last sold
AED 600K · January 2021

About 1403, Binghatti Gateway

1403 is a one-bedroom apartment of 742 sqft on the 14th floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. The developer sold it on 18 January 2021 for AED 600,000, or AED 808 per sqft, in line with the AED 795 one-beds in the building were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 25 April 2024, is AED 65,000 a year: a gross yield of 10.8% on the 2021 price, before the service charge of about AED 15,200 a year.

Sales and rents for 1403 over time

Sales
Unit 1403, 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, January 2021: AED 600,000 (AED 808 per sqft)

1403 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1403, 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, November 2021: AED 43,000 a yearNew contract, December 2022: AED 50,000 a yearNew contract, April 2024: AED 65,000 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 1403 sits

All 139 1-beds →

1403 last sold in January 2021 at AED 808 per sqft, in line with what one-beds in Binghatti Gateway were fetching at the time (AED 795). 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. 1403's AED 65,000 is in the lower half 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 14th floor

All 181 units in Binghatti Gateway
Value
14011-bedAED 682K · Feb 2021
14022-bedAED 825K · Nov 2020
14041-bedAED 594K · Dec 2020
14051-bedAED 600K · Jan 2021
14061-bedAED 646K · Feb 2021
14071-bedAED 650K · Nov 2022
14081-bedAED 620K · Jan 2021
1–7 of 12

1403, Binghatti Gateway in numbers

  • Sold once: by Binghatti on 18 January 2021 for AED 600,000, or AED 808 per sqft.
  • Rented since November 2021 on 3 Ejari contracts, from AED 43,000 to AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2021 price is 10.8%, before a service charge of about AED 15,200 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 25 April 2024.

Questions about 1403, Binghatti Gateway

What did unit 1403 last sell for?

AED 600,000 on 18 January 2021, sold by the developer: AED 808 per sqft for 742 sqft. It is the only registered sale of the unit.

What is the rent for unit 1403?

AED 65,000 a year on the contract signed on 25 April 2024. The previous contract, from December 2022, was AED 50,000; the unit has been rented since November 2021.

How big is unit 1403?

742 sqft (68.9 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2021.

What is unit 1403 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 1403, Binghatti Gateway

Starts from the last sale price (AED 600K, 18 January 2021). 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 →