1-bed · 741 sqftBinghatti Gateway, Al Jadaf · 5th floor · completed 2021

503, Binghatti Gateway

Sold prices and rental history: sold twice, last in January 2023, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 503 · DLD and Ejari recordsUpdated 20 January 2023
Last soldAED 620K20 January 2023
Current rentAED 35K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 503, Binghatti Gateway

What is 503 worth today?

Last sold for AED 620,000 in 2023

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20 Jan 2023SoldReady
AED 620,000AED 837 per sqft
10 Nov 2021RentedNew contract
AED 35,077/yr13 months · AED 47 per sqft
11 Feb 2020Sold by developerOff-plan
AED 646,484AED 872 per sqft

Source: Dubai Land Department. Updated 20 January 2023.

Key facts

Type
1-bed apartment
Size
741 sqft
Floor
5th of 14
Parking
M-123
Developer
Binghatti
Completed
2021
Service charge
AED 15,200 /yr
Last sold
AED 620K · January 2023

About 503, Binghatti Gateway

503 is a one-bedroom apartment of 741 sqft on the 5th floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. It last sold on 20 January 2023 for AED 620,000, or AED 837 per sqft, 5% above the AED 795 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 November 2021. The current contract, signed on 10 November 2021, is AED 35,077 a year: a gross yield of 5.7% on the 2023 price, before the service charge of about AED 15,200 a year.

Sales and rents for 503 over time

Sales
Unit 503, 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, February 2020: AED 646,484 (AED 872 per sqft)Sold, January 2023: AED 620,000 (AED 837 per sqft)

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

Rents
Unit 503, 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 35,077 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 503 sits

All 139 1-beds →

503 last sold in January 2023 at AED 837 per sqft, 5% above 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. 503's AED 35,077 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 5th floor

All 181 units in Binghatti Gateway
Value
5011-bedAED 560K · Nov 2021
5022-bedAED 842K · Sep 2019
5041-bedAED 900K · Oct 2024
5051-bedAED 663K · Jul 2019
5061-bedAED 650K · Dec 2021
5071-bedAED 900K · Jul 2026
5081-bedAED 880K · Jan 2024
1–7 of 12

503, Binghatti Gateway in numbers

  • Sold twice: first on 11 February 2020 for AED 646,484, last on 20 January 2023 for AED 620,000 (AED 837 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 35,077 a year.
  • At AED 35,077 a year the gross yield on the 2023 price is 5.7%, 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 20 January 2023.

Questions about 503, Binghatti Gateway

What did unit 503 last sell for?

AED 620,000 on 20 January 2023: AED 837 per sqft for 741 sqft. The unit has 2 registered sales; the first was AED 646,484 in February 2020.

What is the rent for unit 503?

AED 35,077 a year on the contract signed on 10 November 2021.

How big is unit 503?

741 sqft (68.8 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2021.

What is unit 503 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 503, Binghatti Gateway

Starts from the last sale price (AED 620K, 20 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 620,000
Deposit, UAE resident (20%)
AED 124,000
Deposit, non-resident (40%)
AED 248,000
Monthly over 25 years at 3.7%
AED 2,537

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