2-bed · 1,177 sqftBinghatti Gateway, Al Jadaf · 3rd floor · completed 2021

313, Binghatti Gateway

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

Unit 313 · DLD and Ejari recordsUpdated 10 August 2024
Last soldAED 850K24 January 2022
Current rentAED 108K /yr10 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 313, Binghatti Gateway

What is 313 worth today?

Last sold for AED 850,000 in 2022

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10 Aug 2024RentedRenewal
AED 108,000/yr1 months · AED 92 per sqft
24 Jan 2022SoldReady
AED 850,000AED 722 per sqft
28 Aug 2019Sold by developerOff-plan
AED 750,000AED 637 per sqft

Source: Dubai Land Department. Updated 10 August 2024.

Key facts

Type
2-bed apartment
Size
1,177 sqft
Floor
3rd of 14
Parking
P1-179
Developer
Binghatti
Completed
2021
Service charge
AED 24,100 /yr
Last sold
AED 850K · January 2022

About 313, Binghatti Gateway

313 is a two-bedroom apartment of 1,177 sqft on the 3rd floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. It last sold on 24 January 2022 for AED 850,000, or AED 722 per sqft, in line with the AED 724 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 August 2024. The current contract, renewed on 10 August 2024, is AED 108,000 a year: a gross yield of 12.7% on the 2022 price, before the service charge of about AED 24,100 a year.

Sales and rents for 313 over time

Sales
Unit 313, 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, August 2019: AED 750,000 (AED 637 per sqft)Sold, January 2022: AED 850,000 (AED 722 per sqft)

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

Rents
Unit 313, each contractTypical two-bed in Binghatti Gateway
50K75K100K2021202320252027Typical 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 82,000Renewal, August 2024: AED 108,000 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 313 sits

All 42 2-beds →

313 last sold in January 2022 at AED 722 per sqft, in line with what two-beds in Binghatti Gateway were fetching at the time (AED 724). 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. 313's AED 108,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
19 Feb 20261,300,000
20 Jun 20251,340,000
23 Dec 20241,300,000
8 Nov 20241,210,000
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 3rd floor

All 181 units in Binghatti Gateway
Value
3011-bedAED 695K · Jan 2020
3022-bedAED 850K · Nov 2021
3031-bedAED 642K · Feb 2021
3041-bedAED 610K · Jun 2021
3051-bedAED 780K · Feb 2024
3061-bedAED 640K · Dec 2019
3071-bedAED 640K · Dec 2019
1–7 of 12

313, Binghatti Gateway in numbers

  • Sold twice: first on 28 August 2019 for AED 750,000, last on 24 January 2022 for AED 850,000 (AED 722 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2022 price is 12.7%, before a service charge of about AED 24,100 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 10 August 2024.

Questions about 313, Binghatti Gateway

What did unit 313 last sell for?

AED 850,000 on 24 January 2022: AED 722 per sqft for 1,177 sqft. The unit has 2 registered sales; the first was AED 750,000 in August 2019.

What is the rent for unit 313?

AED 108,000 a year on the contract renewed on 10 August 2024.

How big is unit 313?

1,177 sqft (109.3 sqm): a two-bedroom apartment on the 3rd floor of a 14-storey tower completed in 2021.

What is unit 313 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 313, Binghatti Gateway

Starts from the last sale price (AED 850K, 24 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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