2-bed · 1,045 sqftBinghatti Gateway, Al Jadaf · 6th floor · completed 2021

611, Binghatti Gateway

Sold prices and rental history: sold twice, last in July 2022, and rented once, from November 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 475K6 July 2022
Current rentAED 50K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Binghatti Gateway

What is 611 worth today?

Last sold for AED 475,000 in 2022

Unlock today's estimate, updated daily, with

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

6 Jul 2022SoldReady
AED 475,000AED 454 per sqft
10 Nov 2021RentedNew contract
AED 50,000/yr12 months · AED 48 per sqft
23 Dec 2020Sold by developerOff-plan
AED 588,000AED 562 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
2-bed apartment
Size
1,045 sqft
Floor
6th of 14
Parking
P2-238, P2-239
Developer
Binghatti
Completed
2021
Service charge
AED 21,400 /yr
Last sold
AED 475K · July 2022

About 611, Binghatti Gateway

611 is a two-bedroom apartment of 1,045 sqft on the 6th floor of Binghatti Gateway, a 14-storey tower in Al Jadaf completed in 2021 by Binghatti. It last sold on 6 July 2022 for AED 475,000, or AED 454 per sqft, 31% below the AED 662 two-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 50,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 21,400 a year.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical two-bed in Binghatti Gateway
500K1M2019202120232025Typical 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, December 2020: AED 588,000 (AED 562 per sqft)Sold, July 2022: AED 475,000 (AED 454 per sqft)

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

Rents
Unit 611, each contractTypical two-bed in Binghatti Gateway
60K80K2021202320252027Typical 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 82,000New contract, November 2021: AED 50,000 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 611 sits

All 42 2-beds →

611 last sold in July 2022 at AED 454 per sqft, 31% below what two-beds in Binghatti Gateway were fetching at the time (AED 662). 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. 611's AED 50,000 is at the bottom 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 6th floor

All 181 units in Binghatti Gateway
Value
6011-bedAED 825K · Oct 2023
6022-bedAED 825K · Jul 2020
6031-bedAED 880K · Aug 2025
6041-bedAED 660K · Jan 2020
6051-bedAED 850K · Jun 2025
6061-bedAED 745K · Nov 2023
6071-bedAED 655K · Dec 2020
1–7 of 12

611, Binghatti Gateway in numbers

  • Sold twice: first on 23 December 2020 for AED 588,000, last on 6 July 2022 for AED 475,000 (AED 454 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 21,400 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 6 July 2022.

Questions about 611, Binghatti Gateway

What did unit 611 last sell for?

AED 475,000 on 6 July 2022: AED 454 per sqft for 1,045 sqft. The unit has 2 registered sales; the first was AED 588,000 in December 2020.

What is the rent for unit 611?

AED 50,000 a year on the contract signed on 10 November 2021.

How big is unit 611?

1,045 sqft (97.1 sqm): a two-bedroom apartment on the 6th floor of a 14-storey tower completed in 2021.

What is unit 611 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.

Selling 611? 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 611, Binghatti Gateway

Starts from the last sale price (AED 475K, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 475,000
Deposit, UAE resident (20%)
AED 95,000
Deposit, non-resident (40%)
AED 190,000
Monthly over 25 years at 3.7%
AED 1,943

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