2-bed · 840 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 4th floor · completed 2022

401, Binghatti Gate

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

Unit 401 · DLD and Ejari recordsUpdated 22 November 2024
Last soldAED 715K15 March 2023
Current rentAED 36K /yr22 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 401, Binghatti Gate

What is 401 worth today?

Last sold for AED 715,000 in 2023

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22 Nov 2024RentedRenewal
AED 35,750/yr24 months · AED 43 per sqft
15 Mar 2023SoldReady
AED 715,000AED 851 per sqft
17 May 2021Sold by developerOff-plan
AED 660,420AED 786 per sqft

Source: Dubai Land Department. Updated 22 November 2024.

Key facts

Type
2-bed apartment
Size
840 sqft
Floor
4th of 6
Parking
P1-42
Developer
Binghatti
Completed
2022
Service charge
AED 13,100 /yr
Last sold
AED 715K · March 2023

About 401, Binghatti Gate

401 is a two-bedroom apartment of 840 sqft on the 4th floor of Binghatti Gate, a 6-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. It last sold on 15 March 2023 for AED 715,000, or AED 851 per sqft, 20% above the AED 712 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 22 November 2024. The current contract, renewed on 22 November 2024, is AED 35,750 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 13,100 a year.

Sales and rents for 401 over time

Sales
Unit 401, each saleTypical two-bed in Binghatti Gate
600K800K1M2021202320252027Typical 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 660,420 (AED 786 per sqft)Sold, March 2023: AED 715,000 (AED 851 per sqft)

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

Rents
Unit 401, each contractTypical two-bed in Binghatti Gate
50K75K202220242026Typical rent by year: 2022 AED 60,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 87,000; 2026 AED 85,459Renewal, November 2024: AED 35,750 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 401 sits

All 48 2-beds →

401 last sold in March 2023 at AED 851 per sqft, 20% above what two-beds in Binghatti Gate were fetching at the time (AED 712). 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. 401's AED 35,750 is at the bottom 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 4th floor

All 132 units in Binghatti Gate
Value
4021-bedAED 521K · May 2021
4031-bedAED 506K · May 2021
4041-bedAED 515K · Sep 2022
4052-bedAED 1.05M · Jun 2024
4062-bedAED 1.04M · Jan 2026
4071-bedAED 385K · Dec 2021
4081-bedAED 542K · May 2021
1–7 of 21

401, Binghatti Gate in numbers

  • Sold twice: first on 17 May 2021 for AED 660,420, last on 15 March 2023 for AED 715,000 (AED 851 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 35,750 a year.
  • At AED 35,750 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 13,100 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 22 November 2024.

Questions about 401, Binghatti Gate

What did unit 401 last sell for?

AED 715,000 on 15 March 2023: AED 851 per sqft for 840 sqft. The unit has 2 registered sales; the first was AED 660,420 in May 2021.

What is the rent for unit 401?

AED 35,750 a year on the contract renewed on 22 November 2024.

How big is unit 401?

840 sqft (78.0 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2022.

What is unit 401 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 401, Binghatti Gate

Starts from the last sale price (AED 715K, 15 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 715,000
Deposit, UAE resident (20%)
AED 143,000
Deposit, non-resident (40%)
AED 286,000
Monthly over 25 years at 3.7%
AED 2,925

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