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

409, Binghatti Gems

Sold prices and rental history: sold once, by the developer in November 2021, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 409 · DLD and Ejari recordsUpdated 18 December 2024
Last soldAED 570K9 November 2021
Current rentAED 80K /yr18 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Binghatti Gems

What is 409 worth today?

Last sold for AED 570,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Dec 2024RentedNew contract
AED 80,000/yr12 months · AED 124 per sqft
5 Feb 2024RentedRenewal
AED 58,000/yr12 months · AED 90 per sqft
5 Feb 2023RentedNew contract
AED 58,000/yr12 months · AED 90 per sqft
9 Nov 2021Sold by developerOff-plan
AED 570,000AED 881 per sqft

Source: Dubai Land Department. Updated 18 December 2024.

Key facts

Type
1-bed apartment
Size
646 sqft
Floor
4th of 7
Parking
P1-3
Developer
Binghatti
Completed
2022
Last sold
AED 570K · November 2021

About 409, Binghatti Gems

409 is a one-bedroom apartment of 646 sqft on the 4th floor of Binghatti Gems, a 7-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 9 November 2021 for AED 570,000, or AED 881 per sqft, 15% above the AED 764 one-beds in the building were fetching at the time.

It has been rented since 2023 on 3 Ejari contracts. The current contract, signed on 18 December 2024, is AED 80,000 a year: a gross yield of 14.0% on the 2021 price.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical one-bed in Binghatti Gems
500K600K700K202120232025Typical sale price by year: 2021 AED 528,567; 2022 AED 580,000; 2023 AED 550,000; 2024 AED 660,000; 2025 AED 745,000Sold by developer, November 2021: AED 570,000 (AED 881 per sqft)

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

Rents
Unit 409, each contractTypical one-bed in Binghatti Gems
60K80K202220242026Typical rent by year: 2022 AED 48,000; 2023 AED 50,000; 2024 AED 58,000; 2025 AED 65,000; 2026 AED 57,500New contract, February 2023: AED 58,000 a yearRenewal, February 2024: AED 58,000 a yearNew contract, December 2024: AED 80,000 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 Gems, and where 409 sits

All 35 1-beds →

409 last sold in November 2021 at AED 881 per sqft, 15% above what one-beds in Binghatti Gems were fetching at the time (AED 764). Over the last 12 months one-beds sold for AED 675,000, around AED 1,018 per sqft, and rent for AED 50,000 to 75,000 a year. 409's AED 80,000 is at the top of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
28 Nov 2025675,000
28 Aug 2025745,000
12 Jun 2025785,000
18 Jul 2024715,000
1 1-bed sale 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
4042-bedAED 750K · Dec 2022
4051-bedAED 560K · Mar 2023
4062-bedAED 650K · Jan 2022
4071-bedAED 626K · Nov 2021
1–7 of 10

409, Binghatti Gems in numbers

  • Sold once: by Binghatti on 9 November 2021 for AED 570,000, or AED 881 per sqft.
  • Rented since February 2023 on 3 Ejari contracts, from AED 58,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 14.0%.
  • One-beds in Binghatti Gems sold for AED 675,000–675,000 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 18 December 2024.

Questions about 409, Binghatti Gems

What did unit 409 last sell for?

AED 570,000 on 9 November 2021, sold by the developer: AED 881 per sqft for 646 sqft. It is the only registered sale of the unit.

What is the rent for unit 409?

AED 80,000 a year on the contract signed on 18 December 2024. The previous contract, from February 2024, was AED 58,000; the unit has been rented since February 2023.

How big is unit 409?

646 sqft (60.0 sqm): a one-bedroom apartment on the 4th floor of a 7-storey tower completed in 2022.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Gems sold for AED 675,000 to 675,000 in the last 12 months, around AED 1,018 per sqft.

Selling 409? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 409, Binghatti Gems

Starts from the last sale price (AED 570K, 9 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 570,000
Deposit, UAE resident (20%)
AED 114,000
Deposit, non-resident (40%)
AED 228,000
Monthly over 25 years at 3.7%
AED 2,332

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