508, Binghatti Gateway
Sold prices and rental history: sold twice, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Binghatti Gateway
What is 508 worth today?
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Source: Dubai Land Department. Updated 24 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 955 sqft
- Floor
- 5th of 14
- Parking
- G-90
- Developer
- Binghatti
- Completed
- 2021
- Service charge
- AED 19,600 /yr
- Last sold
- AED 880K · January 2024
- Building
- Binghatti Gateway
About 508, Binghatti Gateway
508 is a one-bedroom apartment of 955 sqft on the 5th floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. It last sold on 24 January 2024 for AED 880,000, or AED 921 per sqft, in line with the AED 921 one-beds in the building were fetching at the time.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 15 November 2022, is AED 49,000 a year: a gross yield of 5.6% on the 2024 price, before the service charge of about AED 19,600 a year.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
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 508 sits
All 139 1-beds →508 last sold in January 2024 at AED 921 per sqft, in line with what one-beds in Binghatti Gateway were fetching at the time (AED 921). 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. 508's AED 49,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Jul 202629 July 2026 | 955 sqft | 990,000 | 1,036 | ||
| 20 Jul 202620 July 2026 | 740 sqft | 900,000 | 1,216 | ||
| 8 Jun 20268 June 2026 | 754 sqft | 900,000 | 1,193 | ||
| 10 Apr 202610 April 2026 | 761 sqft | 930,000 | 1,222 |
Binghatti Gateway
Building181 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%
Other units on the 5th floor
All 181 units in Binghatti Gateway| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 832 sqft | AED 560KAED 560,000 · Nov 2021November 2021 | 53,350 /yr | |
| 502 | 2-bed | 1,034 sqft | AED 842KAED 841,932 · Sep 2019September 2019 | 72,000 /yr | |
| 503 | 1-bed | 741 sqft | AED 620KAED 620,000 · Jan 2023January 2023 | 35,077 /yr | |
| 504 | 1-bed | 728 sqft | AED 900KAED 900,000 · Oct 2024October 2024 | 70,000 /yr | |
| 505 | 1-bed | 761 sqft | AED 663KAED 663,037 · Jul 2019July 2019 | 52,814 /yr | |
| 506 | 1-bed | 749 sqft | AED 650KAED 650,000 · Dec 2021December 2021 | 56,000 /yr | |
| 507 | 1-bed | 740 sqft | AED 900KAED 900,000 · Jul 2026July 2026 | 65,000 /yr | |
| 509 | 1-bed | 754 sqft | AED 625KAED 625,000 · Jun 2021June 2021 | ||
| 510 | 1-bed | 817 sqft | AED 687KAED 686,835 · Dec 2019December 2019 | 55,000 /yr | |
| 511 | 2-bed | 1,045 sqft | AED 970KAED 970,000 · Mar 2023March 2023 | 100,000 /yr | |
| 512 | 1-bed | 961 sqft | AED 900KAED 900,000 · Feb 2025February 2025 | 80,216 /yr | |
| 513 | 2-bed | 1,177 sqft | AED 825KAED 825,000 · Jan 2020January 2020 | 89,000 /yr |
508, Binghatti Gateway in numbers
- Sold twice: first on 3 May 2021 for AED 450,000, last on 24 January 2024 for AED 880,000 (AED 921 per sqft).
- Rented since November 2021 on 2 Ejari contracts, from AED 45,000 to AED 49,000 a year.
- At AED 49,000 a year the gross yield on the 2024 price is 5.6%, before a service charge of about AED 19,600 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 24 January 2024.
Questions about 508, Binghatti Gateway
What did unit 508 last sell for?
AED 880,000 on 24 January 2024: AED 921 per sqft for 955 sqft. The unit has 2 registered sales; the first was AED 450,000 in May 2021.
What is the rent for unit 508?
AED 49,000 a year on the contract renewed on 15 November 2022. The previous contract, from November 2021, was AED 45,000.
How big is unit 508?
955 sqft (88.7 sqm): a one-bedroom apartment on the 5th floor of a 14-storey tower completed in 2021.
What is unit 508 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 508, Binghatti Gateway
Starts from the last sale price (AED 880K, 24 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 880,000
- Deposit, UAE resident (20%)
- AED 176,000
- Deposit, non-resident (40%)
- AED 352,000
- Monthly over 25 years at 3.7%
- AED 3,600
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →