1-bed · 960 sqftBinghatti Gateway, Al Jadaf · 14th floor · completed 2021

1412, Binghatti Gateway

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

Unit 1412 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 1.07M15 October 2024
Current rentAED 66K /yr29 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1412, Binghatti Gateway

What is 1412 worth today?

Last sold for AED 1,070,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Oct 2024SoldReady
AED 1,070,000AED 1,115 per sqft
29 Sep 2023RentedNew contract
AED 66,000/yr12 months · AED 69 per sqft
1 Nov 2022RentedRenewal
AED 46,200/yr12 months · AED 48 per sqft
1 Nov 2021RentedNew contract
AED 42,000/yr12 months · AED 44 per sqft
23 May 2021Sold by developerOff-plan
AED 625,000AED 651 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
1-bed apartment
Size
960 sqft
Floor
14th of 14
Parking
P2-258
Developer
Binghatti
Completed
2021
Service charge
AED 19,700 /yr
Last sold
AED 1.07M · October 2024

About 1412, Binghatti Gateway

1412 is a one-bedroom apartment of 960 sqft on the 14th floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. It last sold on 15 October 2024 for AED 1,070,000, or AED 1,115 per sqft, 6% above the AED 1,053 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 29 September 2023, is AED 66,000 a year: a gross yield of 6.2% on the 2024 price, before the service charge of about AED 19,700 a year.

Sales and rents for 1412 over time

Sales
Unit 1412, each saleTypical one-bed in Binghatti Gateway
750K1M20192021202320252027Typical 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 625,000 (AED 651 per sqft)Sold, October 2024: AED 1,070,000 (AED 1,115 per sqft)

1412 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1412, 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 42,000 a yearRenewal, November 2022: AED 46,200 a yearNew contract, September 2023: AED 66,000 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 1412 sits

All 139 1-beds →

1412 last sold in October 2024 at AED 1,115 per sqft, 6% above what one-beds in Binghatti Gateway were fetching at the time (AED 1,053). 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. 1412's AED 66,000 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
14031-bedAED 600K · Jan 2021
14041-bedAED 594K · Dec 2020
14051-bedAED 600K · Jan 2021
14061-bedAED 646K · Feb 2021
14071-bedAED 650K · Nov 2022
1–7 of 12

1412, Binghatti Gateway in numbers

  • Sold twice: first on 23 May 2021 for AED 625,000, last on 15 October 2024 for AED 1,070,000 (AED 1,115 per sqft).
  • Rented since November 2021 on 3 Ejari contracts, from AED 42,000 to AED 66,000 a year.
  • At AED 66,000 a year the gross yield on the 2024 price is 6.2%, before a service charge of about AED 19,700 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 15 October 2024.

Questions about 1412, Binghatti Gateway

What did unit 1412 last sell for?

AED 1,070,000 on 15 October 2024: AED 1,115 per sqft for 960 sqft. The unit has 2 registered sales; the first was AED 625,000 in May 2021.

What is the rent for unit 1412?

AED 66,000 a year on the contract signed on 29 September 2023. The previous contract, from November 2022, was AED 46,200; the unit has been rented since November 2021.

How big is unit 1412?

960 sqft (89.2 sqm): a one-bedroom apartment on the 14th floor of a 14-storey tower completed in 2021.

What is unit 1412 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.

Selling 1412? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1412, Binghatti Gateway

Starts from the last sale price (AED 1.07M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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