1-bed · 1,366 sqftBinghatti East, Dubailand Residence Complex · 5th floor

506, Binghatti East

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

Unit 506 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 930K21 May 2024
Current rentAED 57K /yr27 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Binghatti East

What is 506 worth today?

Last sold for AED 930,000 in 2024

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21 May 2024SoldReady
AED 930,000AED 680 per sqft
27 May 2022RentedNew contract
AED 57,000/yr12 months · AED 42 per sqft
9 Nov 2021Sold by developerReady
AED 743,647AED 544 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
1-bed apartment
Size
1,366 sqft
Floor
5th of 6
Parking
B-42
Service charge
AED 22,900 /yr
Last sold
AED 930K · May 2024

About 506, Binghatti East

506 is a one-bedroom apartment of 1,366 sqft on the 5th floor of Binghatti East, a 6-storey tower in Dubailand Residence Complex. It last sold on 21 May 2024 for AED 930,000, or AED 680 per sqft, 8% below the AED 743 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 27 May 2022. The current contract, signed on 27 May 2022, is AED 57,000 a year: a gross yield of 6.1% on the 2024 price, before the service charge of about AED 22,900 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Binghatti East
600K800K20212022202320242025Typical sale price by year: 2021 AED 607,000; 2022 AED 600,838; 2023 AED 670,000; 2024 AED 780,000Sold by developer, November 2021: AED 743,647 (AED 544 per sqft)Sold, May 2024: AED 930,000 (AED 680 per sqft)

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

Rents
Unit 506, each contractTypical one-bed in Binghatti East
60K202220242026Typical rent by year: 2022 AED 47,000; 2023 AED 50,000; 2024 AED 57,000; 2025 AED 70,000; 2026 AED 70,000New contract, May 2022: AED 57,000 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 East, and where 506 sits

All 40 1-beds →

506 last sold in May 2024 at AED 680 per sqft, 8% below what one-beds in Binghatti East were fetching at the time (AED 743). 506's AED 57,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
21 Apr 2025825,000
23 Sep 2024800,000
5 Sep 2024685,000
7 Jun 2024800,000
0 1-bed sales in the last 12 months

Binghatti East

Building

60 apartments, 1-bed to 2-bed over 6 floors in Dubailand Residence Complex. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 71K /yr
Typical yield
Binghatti East, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 60 units in Binghatti East
Value
5012-bedAED 1.05M · Aug 2022
5021-bedAED 530K · Dec 2021
5031-bedAED 660K · May 2022
5041-bedAED 670K · Sep 2023
5051-bedAED 607K · Feb 2022
5072-bedAED 885K · Nov 2021
5081-bedAED 724K · Oct 2021
1–7 of 10

506, Binghatti East in numbers

  • Sold twice: first on 9 November 2021 for AED 743,647, last on 21 May 2024 for AED 930,000 (AED 680 per sqft).
  • Rented since May 2022 on one Ejari contract, at AED 57,000 a year.
  • At AED 57,000 a year the gross yield on the 2024 price is 6.1%, before a service charge of about AED 22,900 a year (AED 16.79 per sqft).

Source: Dubai Land Department. Updated 21 May 2024.

Questions about 506, Binghatti East

What did unit 506 last sell for?

AED 930,000 on 21 May 2024: AED 680 per sqft for 1,366 sqft. The unit has 2 registered sales; the first was AED 743,647 in November 2021.

What is the rent for unit 506?

AED 57,000 a year on the contract signed on 27 May 2022.

How big is unit 506?

1,366 sqft (126.9 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 506, Binghatti East

Starts from the last sale price (AED 930K, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 930,000
Deposit, UAE resident (20%)
AED 186,000
Deposit, non-resident (40%)
AED 372,000
Monthly over 25 years at 3.7%
AED 3,805

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