2-bed · 1,150 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 2nd floor · completed 2022

213, Binghatti Gate

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

Unit 213 · DLD and Ejari recordsUpdated 14 August 2024
Last soldAED 724K23 May 2021
Current rentAED 85K /yr14 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 213, Binghatti Gate

What is 213 worth today?

Last sold for AED 723,765 in 2021

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14 Aug 2024RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
14 Aug 2024RentedRenewal
AED 85,000/yr12 months · AED 74 per sqft
14 Aug 2023RentedRenewal
AED 59,000/yr12 months · AED 51 per sqft
14 Aug 2023RentedRenewal
AED 59,000/yr12 months · AED 51 per sqft
14 Aug 2022RentedNew contract
AED 58,000/yr12 months · AED 50 per sqft
23 May 2021Sold by developerOff-plan
AED 723,765AED 629 per sqft

Source: Dubai Land Department. Updated 14 August 2024.

Key facts

Type
2-bed apartment
Size
1,150 sqft
Floor
2nd of 6
Parking
P1-32
Developer
Binghatti
Completed
2022
Service charge
AED 17,900 /yr
Last sold
AED 724K · May 2021

About 213, Binghatti Gate

213 is a two-bedroom apartment of 1,150 sqft on the 2nd floor of Binghatti Gate, a 6-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 23 May 2021 for AED 723,765, or AED 629 per sqft, 10% below the AED 699 two-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 5 Ejari contracts. The current contract, renewed on 14 August 2024, is AED 85,000 a year: a gross yield of 11.7% on the 2021 price, before the service charge of about AED 17,900 a year.

Sales and rents for 213 over time

Sales
Unit 213, 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, May 2021: AED 723,765 (AED 629 per sqft)

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

Rents
Unit 213, 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, August 2022: AED 58,000 a yearRenewal, August 2023: AED 59,000 a yearRenewal, August 2023: AED 59,000 a yearRenewal, August 2024: AED 85,000 a yearRenewal, August 2024: AED 85,000 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 213 sits

All 48 2-beds →

213 last sold in May 2021 at AED 629 per sqft, 10% below what two-beds in Binghatti Gate were fetching at the time (AED 699). 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. 213's AED 85,000 is in the upper 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 2nd floor

All 132 units in Binghatti Gate
Value
2012-bedAED 850K · Oct 2026
2021-bedAED 502K · May 2021
2031-bedAED 503K · May 2021
2041-bedAED 650K · Nov 2023
2052-bedAED 675K · May 2021
2062-bedAED 1.12M · Mar 2026
2071-bedAED 513K · Jun 2022
1–7 of 21

213, Binghatti Gate in numbers

  • Sold once: by Binghatti on 23 May 2021 for AED 723,765, or AED 629 per sqft.
  • Rented since August 2022 on 5 Ejari contracts, from AED 58,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2021 price is 11.7%, before a service charge of about AED 17,900 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 14 August 2024.

Questions about 213, Binghatti Gate

What did unit 213 last sell for?

AED 723,765 on 23 May 2021, sold by the developer: AED 629 per sqft for 1,150 sqft. It is the only registered sale of the unit.

What is the rent for unit 213?

AED 85,000 a year on the contract renewed on 14 August 2024. The previous contract, from August 2024, was AED 85,000; the unit has been rented since August 2022.

How big is unit 213?

1,150 sqft (106.8 sqm): a two-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2022.

What is unit 213 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 213, Binghatti Gate

Starts from the last sale price (AED 724K, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 723,765
Deposit, UAE resident (20%)
AED 144,753
Deposit, non-resident (40%)
AED 289,506
Monthly over 25 years at 3.7%
AED 2,961

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