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2-bed · 1,260 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 5th floor · completed 2022

506, Binghatti Gate

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

Unit 506 · DLD and Ejari recordsUpdated 25 April 2026
Last soldAED 790K17 February 2023
Current rentAED 90K /yr25 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Binghatti Gate

What is 506 worth today?

Last sold for AED 790,000 in 2023

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25 Apr 2026RentedNew contract
AED 90,000/yr12 months · AED 71 per sqft
1 Jun 2024RentedNew contract
AED 85,000/yr12 months · AED 67 per sqft
30 Apr 2023RentedNew contract
AED 75,000/yr12 months · AED 60 per sqft
17 Feb 2023SoldReady
AED 790,000AED 627 per sqft
20 May 2021Sold by developerOff-plan
AED 796,700AED 632 per sqft

Source: Dubai Land Department. Updated 25 April 2026.

Key facts

Type
2-bed apartment
Size
1,260 sqft
Floor
5th of 6
Parking
G-21
Developer
Binghatti
Completed
2022
Service charge
AED 19,600 /yr
Last sold
AED 790K · February 2023
Building
Binghatti Gate

About 506, Binghatti Gate

506 is a two-bedroom apartment of 1,260 sqft on the 5th floor of Binghatti Gate, a 6-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. It last sold on 17 February 2023 for AED 790,000, or AED 627 per sqft, 6% below the AED 669 two-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 25 April 2026, is AED 90,000 a year: a gross yield of 11.4% on the 2023 price, before the service charge of about AED 19,600 a year.

Sales and rents for 506 over time

Sales
Unit 506, 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 796,700 (AED 632 per sqft)Sold, February 2023: AED 790,000 (AED 627 per sqft)

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

Rents
Unit 506, 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, April 2023: AED 75,000 a yearNew contract, June 2024: AED 85,000 a yearNew contract, April 2026: AED 90,000 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 506 sits

All 48 2-beds →

506 last sold in February 2023 at AED 627 per sqft, 6% below what two-beds in Binghatti Gate were fetching at the time (AED 669). 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. 506's AED 90,000 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 5th floor

All 132 units in Binghatti Gate
Value
5012-bedAED 750K · Dec 2023
5021-bedAED 585K · May 2023
5031-bedAED 500K · Sep 2022
5041-bedAED 510K · Aug 2021
5052-bedAED 1.04M · Aug 2025
5071-bedAED 730K · Aug 2024
5081-bedAED 551K · May 2021
1–7 of 21

506, Binghatti Gate in numbers

  • Sold twice: first on 20 May 2021 for AED 796,700, last on 17 February 2023 for AED 790,000 (AED 627 per sqft).
  • Rented since April 2023 on 3 Ejari contracts, from AED 75,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2023 price is 11.4%, before a service charge of about AED 19,600 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 25 April 2026.

Questions about 506, Binghatti Gate

What did unit 506 last sell for?

AED 790,000 on 17 February 2023: AED 627 per sqft for 1,260 sqft. The unit has 2 registered sales; the first was AED 796,700 in May 2021.

What is the rent for unit 506?

AED 90,000 a year on the contract signed on 25 April 2026. The previous contract, from June 2024, was AED 85,000; the unit has been rented since April 2023.

How big is unit 506?

1,260 sqft (117.1 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower completed in 2022.

What is unit 506 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 506, Binghatti Gate

Starts from the last sale price (AED 790K, 17 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 790,000
Deposit, UAE resident (20%)
AED 158,000
Deposit, non-resident (40%)
AED 316,000
Monthly over 25 years at 3.7%
AED 3,232

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