1-bed · 646 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 4th floor · completed 2022

407, Binghatti Gate

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

Unit 407 · DLD and Ejari recordsUpdated 1 May 2026
Last soldAED 385K15 December 2021
Current rentAED 51K /yr1 May 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 407, Binghatti Gate

What is 407 worth today?

Last sold for AED 385,000 in 2021

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1 May 2026RentedRenewal
AED 51,031/yr12 months · AED 79 per sqft
1 May 2025RentedRenewal
AED 48,601/yr12 months · AED 75 per sqft
1 May 2024RentedRenewal
AED 46,287/yr12 months · AED 72 per sqft
1 May 2023RentedRenewal
AED 40,250/yr12 months · AED 62 per sqft
1 May 2022RentedNew contract
AED 35,000/yr12 months · AED 54 per sqft
15 Dec 2021Sold by developerOff-plan
AED 385,000AED 595 per sqft

Source: Dubai Land Department. Updated 1 May 2026.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
4th of 6
Parking
P2-47
Developer
Binghatti
Completed
2022
Service charge
AED 10,000 /yr
Last sold
AED 385K · December 2021

About 407, Binghatti Gate

407 is a one-bedroom apartment of 646 sqft on the 4th floor of Binghatti Gate, a 6-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 15 December 2021 for AED 385,000, or AED 595 per sqft, 23% below the AED 772 one-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 1 May 2026, is AED 51,031 a year: a gross yield of 13.3% on the 2021 price, before the service charge of about AED 10,000 a year.

Sales and rents for 407 over time

Sales
Unit 407, each saleTypical one-bed in Binghatti Gate
400K600K800K2021202320252027Typical 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, December 2021: AED 385,000 (AED 595 per sqft)

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

Rents
Unit 407, each contractTypical one-bed in Binghatti Gate
40K60K202220242026Typical rent by year: 2022 AED 40,000; 2023 AED 48,150; 2024 AED 56,000; 2025 AED 60,000; 2026 AED 60,000New contract, May 2022: AED 35,000 a yearRenewal, May 2023: AED 40,250 a yearRenewal, May 2024: AED 46,287 a yearRenewal, May 2025: AED 48,601 a yearRenewal, May 2026: AED 51,031 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 407 sits

All 84 1-beds →

407 last sold in December 2021 at AED 595 per sqft, 23% below what one-beds in Binghatti Gate were fetching at the time (AED 772). 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. 407's AED 51,031 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 4th floor

All 132 units in Binghatti Gate
Value
4012-bedAED 715K · Mar 2023
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
4081-bedAED 542K · May 2021
1–7 of 21

407, Binghatti Gate in numbers

  • Sold once: by Binghatti on 15 December 2021 for AED 385,000, or AED 595 per sqft.
  • Rented since May 2022 on 5 Ejari contracts, from AED 35,000 to AED 51,031 a year.
  • At AED 51,031 a year the gross yield on the 2021 price is 13.3%, before a service charge of about AED 10,000 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 1 May 2026.

Questions about 407, Binghatti Gate

What did unit 407 last sell for?

AED 385,000 on 15 December 2021, sold by the developer: AED 595 per sqft for 646 sqft. It is the only registered sale of the unit.

What is the rent for unit 407?

AED 51,031 a year on the contract renewed on 1 May 2026. The previous contract, from May 2025, was AED 48,601; the unit has been rented since May 2022.

How big is unit 407?

646 sqft (60.0 sqm): a one-bedroom apartment on the 4th floor of a 6-storey tower completed in 2022.

What is unit 407 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 407, Binghatti Gate

Starts from the last sale price (AED 385K, 15 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 385,000
Deposit, UAE resident (20%)
AED 77,000
Deposit, non-resident (40%)
AED 154,000
Monthly over 25 years at 3.7%
AED 1,575

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