2-bed · 966 sqftBinghatti Gems, Jumeirah Village Circle (JVC) · 4th floor · completed 2022

404, Binghatti Gems

Sold prices and rental history: sold twice, last in December 2022, and rented once, from September 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 404 · DLD and Ejari recordsUpdated 12 December 2022
Last soldAED 750K12 December 2022
Current rentAED 60K /yr6 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 404, Binghatti Gems

What is 404 worth today?

Last sold for AED 750,000 in 2022

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12 Dec 2022SoldReady
AED 750,000AED 776 per sqft
6 Sep 2022RentedNew contract
AED 60,000/yr12 months · AED 62 per sqft
19 Jan 2022Sold by developerOff-plan
AED 645,000AED 667 per sqft

Source: Dubai Land Department. Updated 12 December 2022.

Key facts

Type
2-bed apartment
Size
966 sqft
Floor
4th of 7
Parking
P2-21
Developer
Binghatti
Completed
2022
Last sold
AED 750K · December 2022

About 404, Binghatti Gems

404 is a two-bedroom apartment of 966 sqft on the 4th floor of Binghatti Gems, a 7-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. It last sold on 12 December 2022 for AED 750,000, or AED 776 per sqft, 15% above the AED 675 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 6 September 2022. The current contract, signed on 6 September 2022, is AED 60,000 a year: a gross yield of 8.0% on the 2022 price.

Sales and rents for 404 over time

Sales
Unit 404, each saleTypical two-bed in Binghatti Gems
600K800K1M202120232025Typical sale price by year: 2021 AED 726,071; 2022 AED 670,000; 2023 AED 800,000; 2024 AED 915,000; 2025 AED 1,030,000Sold by developer, January 2022: AED 645,000 (AED 667 per sqft)Sold, December 2022: AED 750,000 (AED 776 per sqft)

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

Rents
Unit 404, each contractTypical two-bed in Binghatti Gems
60K80K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 76,000; 2024 AED 80,000; 2025 AED 85,000; 2026 AED 85,000New contract, September 2022: AED 60,000 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 Gems, and where 404 sits

All 42 2-beds →

404 last sold in December 2022 at AED 776 per sqft, 15% above what two-beds in Binghatti Gems were fetching at the time (AED 675). Over the last 12 months two-beds sold for AED 1,100,000 to 1,125,000, around AED 1,093 per sqft, and rent for AED 75,000 to 115,000 a year. 404's AED 60,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
2 Feb 20261,125,000
14 Nov 20251,100,000
4 Nov 20251,000,000
30 Sep 20251,060,000
2 2-bed sales in the last 12 months

Binghatti Gems

Building

77 apartments, 1-bed to 2-bed over 7 floors in Jumeirah Village Circle (JVC), completed in 2022 by Binghatti. 3 sold in the last 12 months.

Typical price per sqft
AED 1,075
Typical sale
AED 1.1M
Typical rent
AED 75K /yr
Typical yield
8.0%
Binghatti Gems, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 77 units in Binghatti Gems
Value
4011-bedAED 539K · Nov 2021
4022-bedAED 670K · Apr 2022
4031-bedAED 569K · Nov 2021
4051-bedAED 560K · Mar 2023
4062-bedAED 650K · Jan 2022
4071-bedAED 626K · Nov 2021
4082-bedAED 1M · Nov 2025
1–7 of 10

404, Binghatti Gems in numbers

  • Sold twice: first on 19 January 2022 for AED 645,000, last on 12 December 2022 for AED 750,000 (AED 776 per sqft).
  • Rented since September 2022 on one Ejari contract, at AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2022 price is 8.0%.
  • Two-beds in Binghatti Gems sold for AED 1,100,000–1,125,000 in the 12 months to November 2026; the building's median across all types is AED 1,075 per sqft.

Source: Dubai Land Department. Updated 12 December 2022.

Questions about 404, Binghatti Gems

What did unit 404 last sell for?

AED 750,000 on 12 December 2022: AED 776 per sqft for 966 sqft. The unit has 2 registered sales; the first was AED 645,000 in January 2022.

What is the rent for unit 404?

AED 60,000 a year on the contract signed on 6 September 2022.

How big is unit 404?

966 sqft (89.7 sqm): a two-bedroom apartment on the 4th floor of a 7-storey tower completed in 2022.

What is unit 404 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Gems sold for AED 1,100,000 to 1,125,000 in the last 12 months, around AED 1,093 per sqft.

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Mortgage on 404, Binghatti Gems

Starts from the last sale price (AED 750K, 12 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

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