1-bed · 650 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 2nd floor · completed 2022

215, Binghatti Gate

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

Unit 215 · DLD and Ejari recordsUpdated 25 June 2024
Last soldAED 514K23 May 2021
Current rentAED 58K /yr25 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 215, Binghatti Gate

What is 215 worth today?

Last sold for AED 513,800 in 2021

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25 Jun 2024RentedNew contract
AED 58,000/yr12 months · AED 89 per sqft
1 May 2023RentedNew contract
AED 50,000/yr12 months · AED 77 per sqft
9 Mar 2022RentedNew contract
AED 38,000/yr12 months · AED 58 per sqft
23 May 2021Sold by developerOff-plan
AED 513,800AED 790 per sqft

Source: Dubai Land Department. Updated 25 June 2024.

Key facts

Type
1-bed apartment
Size
650 sqft
Floor
2nd of 6
Parking
P2-21
Developer
Binghatti
Completed
2022
Service charge
AED 10,100 /yr
Last sold
AED 514K · May 2021

About 215, Binghatti Gate

215 is a one-bedroom apartment of 650 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 513,800, or AED 790 per sqft, 5% above the AED 751 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 25 June 2024, is AED 58,000 a year: a gross yield of 11.3% on the 2021 price, before the service charge of about AED 10,100 a year.

Sales and rents for 215 over time

Sales
Unit 215, each saleTypical one-bed in Binghatti Gate
600K2021202320252027Typical sale price by year: 2021 AED 515,351; 2022 AED 500,000; 2023 AED 620,000; 2024 AED 720,000; 2025 AED 740,000; 2026 AED 747,500Sold by developer, May 2021: AED 513,800 (AED 790 per sqft)

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

Rents
Unit 215, each contractTypical one-bed in Binghatti Gate
40K50K60K202220242026Typical rent by year: 2022 AED 40,000; 2023 AED 48,150; 2024 AED 56,000; 2025 AED 60,000; 2026 AED 60,000New contract, March 2022: AED 38,000 a yearNew contract, May 2023: AED 50,000 a yearNew contract, June 2024: AED 58,000 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 Gate, and where 215 sits

All 84 1-beds →

215 last sold in May 2021 at AED 790 per sqft, 5% above what one-beds in Binghatti Gate were fetching at the time (AED 751). Over the last 12 months one-beds sold for AED 600,000 to 1,300,000, around AED 1,152 per sqft, and rent for AED 50,000 to 92,000 a year. 215's AED 58,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
1 Jul 2026720,000
23 Jun 2026745,000
27 Apr 20261,300,000
26 Jan 2026600,000
7 1-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

215, Binghatti Gate in numbers

  • Sold once: by Binghatti on 23 May 2021 for AED 513,800, or AED 790 per sqft.
  • Rented since March 2022 on 3 Ejari contracts, from AED 38,000 to AED 58,000 a year.
  • At AED 58,000 a year the gross yield on the 2021 price is 11.3%, before a service charge of about AED 10,100 a year (AED 15.55 per sqft).
  • One-beds in Binghatti Gate sold for AED 600,000–1,300,000 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 25 June 2024.

Questions about 215, Binghatti Gate

What did unit 215 last sell for?

AED 513,800 on 23 May 2021, sold by the developer: AED 790 per sqft for 650 sqft. It is the only registered sale of the unit.

What is the rent for unit 215?

AED 58,000 a year on the contract signed on 25 June 2024. The previous contract, from May 2023, was AED 50,000; the unit has been rented since March 2022.

How big is unit 215?

650 sqft (60.4 sqm): a one-bedroom apartment on the 2nd floor of a 6-storey tower completed in 2022.

What is unit 215 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Gate sold for AED 600,000 to 1,300,000 in the last 12 months, around AED 1,152 per sqft.

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Mortgage on 215, Binghatti Gate

Starts from the last sale price (AED 514K, 23 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 513,800
Deposit, UAE resident (20%)
AED 102,760
Deposit, non-resident (40%)
AED 205,520
Monthly over 25 years at 3.7%
AED 2,102

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