2-bed · 1,256 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 1st floor · completed 2022

112, Binghatti Gate

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 112 · DLD and Ejari recordsUpdated 20 July 2024
Last soldAED 687K26 August 2021
Current rentAED 69K /yr20 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 112, Binghatti Gate

What is 112 worth today?

Last sold for AED 686,500 in 2021

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20 Jul 2024RentedRenewal
AED 69,000/yr12 months · AED 55 per sqft
20 Jul 2023RentedRenewal
AED 62,700/yr12 months · AED 50 per sqft
20 Jul 2022RentedNew contract
AED 57,000/yr12 months · AED 45 per sqft
26 Aug 2021Sold by developerOff-plan
AED 686,500AED 546 per sqft

Source: Dubai Land Department. Updated 20 July 2024.

Key facts

Type
2-bed apartment
Size
1,256 sqft
Floor
1st of 6
Parking
P1-10
Developer
Binghatti
Completed
2022
Service charge
AED 19,500 /yr
Last sold
AED 687K · August 2021

About 112, Binghatti Gate

112 is a two-bedroom apartment of 1,256 sqft on the 1st floor of Binghatti Gate, a 6-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 26 August 2021 for AED 686,500, or AED 546 per sqft, 23% below the AED 708 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 20 July 2024, is AED 69,000 a year: a gross yield of 10.1% on the 2021 price, before the service charge of about AED 19,500 a year.

Sales and rents for 112 over time

Sales
Unit 112, each saleTypical two-bed in Binghatti Gate
800K1M2021202320252027Typical sale price by year: 2021 AED 700,000; 2022 AED 730,000; 2023 AED 795,000; 2024 AED 950,000; 2025 AED 1,050,000; 2026 AED 1,035,000Sold by developer, August 2021: AED 686,500 (AED 546 per sqft)

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

Rents
Unit 112, each contractTypical two-bed in Binghatti Gate
60K80K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 87,000; 2026 AED 85,459New contract, July 2022: AED 57,000 a yearRenewal, July 2023: AED 62,700 a yearRenewal, July 2024: AED 69,000 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 Gate, and where 112 sits

All 48 2-beds →

112 last sold in August 2021 at AED 546 per sqft, 23% below what two-beds in Binghatti Gate were fetching at the time (AED 708). Over the last 12 months two-beds sold for AED 850,000 to 1,120,000, around AED 955 per sqft, and rent for AED 50,000 to 95,000 a year. 112's AED 69,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
23 Oct 20261,030,000
22 Oct 2026850,000
16 Mar 20261,120,000
12 Jan 20261,040,000
4 2-bed sales in the last 12 months

Binghatti Gate

Building

132 apartments, 1-bed to 2-bed over 6 floors in Jumeirah Village Circle (JVC), completed in 2022 by Binghatti. 11 sold in the last 12 months.

Typical price per sqft
AED 1,073 Down 2.7%
Typical sale
AED 850K
Typical rent
AED 65K /yr
Typical yield
7.8%
Binghatti Gate, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 132 units in Binghatti Gate
Value
1012-bedAED 640K · Aug 2021
1021-bedAED 520K · Aug 2021
1031-bedAED 600K · Apr 2022
1041-bedAED 970K · Oct 2024
1052-bedAED 960K · Jan 2024
1062-bedAED 1.6M · Oct 2025
1071-bedAED 660K · Mar 2024
1–7 of 21

112, Binghatti Gate in numbers

  • Sold once: by Binghatti on 26 August 2021 for AED 686,500, or AED 546 per sqft.
  • Rented since July 2022 on 3 Ejari contracts, from AED 57,000 to AED 69,000 a year.
  • At AED 69,000 a year the gross yield on the 2021 price is 10.1%, before a service charge of about AED 19,500 a year (AED 15.55 per sqft).
  • Two-beds in Binghatti Gate sold for AED 850,000–1,120,000 in the 12 months to November 2026; the building's median across all types is AED 1,073 per sqft.

Source: Dubai Land Department. Updated 20 July 2024.

Questions about 112, Binghatti Gate

What did unit 112 last sell for?

AED 686,500 on 26 August 2021, sold by the developer: AED 546 per sqft for 1,256 sqft. It is the only registered sale of the unit.

What is the rent for unit 112?

AED 69,000 a year on the contract renewed on 20 July 2024. The previous contract, from July 2023, was AED 62,700; the unit has been rented since July 2022.

How big is unit 112?

1,256 sqft (116.7 sqm): a two-bedroom apartment on the 1st floor of a 6-storey tower completed in 2022.

What is unit 112 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Gate sold for AED 850,000 to 1,120,000 in the last 12 months, around AED 955 per sqft.

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Mortgage on 112, Binghatti Gate

Starts from the last sale price (AED 687K, 26 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 686,500
Deposit, UAE resident (20%)
AED 137,300
Deposit, non-resident (40%)
AED 274,600
Monthly over 25 years at 3.7%
AED 2,809

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