1-bed · 1,051 sqftBinghatti West, Dubailand Residence Complex · 6th floor · completed 2020

601, Binghatti West

Sold prices and rental history: sold 3 times, last in May 2024, and rented once, from April 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 601 · DLD and Ejari recordsUpdated 9 May 2024
Last soldAED 640K9 May 2024
Current rentAED 55K /yr15 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 601, Binghatti West

What is 601 worth today?

Last sold for AED 640,000 in 2024

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9 May 2024SoldReady
AED 640,000AED 608 per sqft
15 Apr 2023RentedNew contract
AED 55,000/yr12 months · AED 52 per sqft
8 Mar 2023SoldReady
AED 600,000AED 570 per sqft
15 Apr 2022Sold by developerReady
AED 550,000AED 523 per sqft

Source: Dubai Land Department. Updated 9 May 2024.

Key facts

Type
1-bed apartment
Size
1,051 sqft
Floor
6th of 6
Parking
B-22
Developer
Binghatti
Completed
2020
Service charge
AED 18,000 /yr
Last sold
AED 640K · May 2024

About 601, Binghatti West

601 is a one-bedroom apartment of 1,051 sqft on the 6th floor of Binghatti West, a 6-storey tower in Dubailand Residence Complex completed in 2020 by Binghatti. It last sold on 9 May 2024 for AED 640,000, or AED 608 per sqft, 6% below the AED 650 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 April 2023. The current contract, signed on 15 April 2023, is AED 55,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 18,000 a year.

Sales and rents for 601 over time

Sales
Unit 601, each saleTypical one-bed in Binghatti West
600K2021202320252027Typical sale price by year: 2021 AED 692,212; 2022 AED 503,000; 2024 AED 740,000; 2026 AED 564,147Sold by developer, April 2022: AED 550,000 (AED 523 per sqft)Sold, March 2023: AED 600,000 (AED 570 per sqft)Sold, May 2024: AED 640,000 (AED 608 per sqft)

601 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 601, each contractTypical one-bed in Binghatti West
50K60K202220242026Typical rent by year: 2022 AED 45,000; 2023 AED 48,000; 2024 AED 55,000; 2025 AED 58,000; 2026 AED 58,000New contract, April 2023: AED 55,000 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 West, and where 601 sits

All 35 1-beds →

601 last sold in May 2024 at AED 608 per sqft, 6% below what one-beds in Binghatti West were fetching at the time (AED 650). Over the last 12 months one-beds sold for AED 561,535 to 1,350,000, around AED 639 per sqft, and rent for AED 50,400 to 102,500 a year. 601's AED 55,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 Sep 20261,350,000
26 Mar 2026564,147
25 Mar 2026561,535
18 Jun 2025795,000
3 1-bed sales in the last 12 months

Binghatti West

Building

47 apartments, 1-bed to 2-bed over 6 floors in Dubailand Residence Complex, completed in 2020 by Binghatti. 3 sold in the last 12 months.

Typical price per sqft
AED 639
Typical sale
AED 564K
Typical rent
AED 58K /yr
Typical yield
9.1%
Binghatti West, Dubailand Residence Complex: prices, sales and rents →

Other units on the 6th floor

All 47 units in Binghatti West
Value
6021-bedAED 700K · Feb 2022
6032-bedAED 982K · Jan 2022
6042-bedAED 996K · Mar 2022
6051-bedAED 500K · Mar 2022
6061-bedAED 520K · Mar 2022
6071-bedAED 1.03M · Jun 2024

601, Binghatti West in numbers

  • Sold 3 times: first on 15 April 2022 for AED 550,000, last on 9 May 2024 for AED 640,000 (AED 608 per sqft).
  • Rented since April 2023 on one Ejari contract, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 18,000 a year (AED 17.12 per sqft).
  • One-beds in Binghatti West sold for AED 561,535–1,350,000 in the 12 months to November 2026; the building's median across all types is AED 639 per sqft.

Source: Dubai Land Department. Updated 9 May 2024.

Questions about 601, Binghatti West

What did unit 601 last sell for?

AED 640,000 on 9 May 2024: AED 608 per sqft for 1,051 sqft. The unit has 3 registered sales; the first was AED 550,000 in April 2022.

What is the rent for unit 601?

AED 55,000 a year on the contract signed on 15 April 2023.

How big is unit 601?

1,051 sqft (97.6 sqm): a one-bedroom apartment on the 6th floor of a 6-storey tower completed in 2020.

What is unit 601 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti West sold for AED 561,535 to 1,350,000 in the last 12 months, around AED 639 per sqft.

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Mortgage on 601, Binghatti West

Starts from the last sale price (AED 640K, 9 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 640,000
Deposit, UAE resident (20%)
AED 128,000
Deposit, non-resident (40%)
AED 256,000
Monthly over 25 years at 3.7%
AED 2,618

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