506, Binghatti Gems
Sold prices and rental history: sold once, by the developer in January 2022, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 506, Binghatti Gems
What is 506 worth today?
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Source: Dubai Land Department. Updated 5 May 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 967 sqft
- Floor
- 5th of 7
- Parking
- P1-33
- Developer
- Binghatti
- Completed
- 2022
- Last sold
- AED 650K · January 2022
- Building
- Binghatti Gems
About 506, Binghatti Gems
506 is a two-bedroom apartment of 967 sqft on the 5th floor of Binghatti Gems, a 7-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 14 January 2022 for AED 650,000, or AED 672 per sqft, 7% below the AED 719 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 6 Ejari contracts. The current contract, renewed on 5 May 2026, is AED 84,000 a year: a gross yield of 12.9% on the 2022 price.
Sales and rents for 506 over time
506 has sold once; the dashed line is the two-bed median of each year in the building.
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 506 sits
All 42 2-beds →506 last sold in January 2022 at AED 672 per sqft, 7% below what two-beds in Binghatti Gems were fetching at the time (AED 719). 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. 506's AED 84,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Feb 20262 February 2026 | 1,046 sqft | 1,125,000 | 1,075 | ||
| 14 Nov 202514 November 2025 | 990 sqft | 1,100,000 | 1,111 | ||
| 4 Nov 20254 November 2025 | 1,046 sqft | 1,000,000 | 955 | ||
| 30 Sep 202530 September 2025 | 1,169 sqft | 1,060,000 | 906 |
Binghatti Gems
Building77 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%
Other units on the 5th floor
All 77 units in Binghatti Gems| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 1-bed | 663 sqft | AED 785KAED 785,000 · Jun 2025June 2025 | 47,250 /yr | |
| 502 | 2-bed | 980 sqft | AED 680KAED 680,000 · Feb 2022February 2022 | 85,000 /yr | |
| 503 | 1-bed | 654 sqft | AED 655KAED 655,000 · Aug 2023August 2023 | 68,000 /yr | |
| 504 | 2-bed | 966 sqft | AED 700KAED 700,000 · Jan 2022January 2022 | 75,000 /yr | |
| 505 | 1-bed | 653 sqft | AED 550KAED 550,000 · Nov 2022November 2022 | ||
| 507 | 1-bed | 879 sqft | AED 590KAED 590,000 · Nov 2021November 2021 | ||
| 508 | 2-bed | 1,046 sqft | AED 1.13MAED 1,125,000 · Feb 2026February 2026 | 80,000 /yr | |
| 509 | 1-bed | 646 sqft | AED 529KAED 528,605 · Dec 2021December 2021 | 50,000 /yr | |
| 510 | 2-bed | 990 sqft | AED 650KAED 650,000 · Jan 2022January 2022 | 85,000 /yr | |
| 511 | 2-bed | 931 sqft | AED 840KAED 840,000 · Dec 2023December 2023 | 115,000 /yr |
506, Binghatti Gems in numbers
- Sold once: by Binghatti on 14 January 2022 for AED 650,000, or AED 672 per sqft.
- Rented since November 2022 on 6 Ejari contracts, from AED 65,000 to AED 84,000 a year.
- At AED 84,000 a year the gross yield on the 2022 price is 12.9%.
- 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 5 May 2026.
Questions about 506, Binghatti Gems
What did unit 506 last sell for?
AED 650,000 on 14 January 2022, sold by the developer: AED 672 per sqft for 967 sqft. It is the only registered sale of the unit.
What is the rent for unit 506?
AED 84,000 a year on the contract renewed on 5 May 2026. The previous contract, from May 2025, was AED 80,000; the unit has been rented since November 2022.
How big is unit 506?
967 sqft (89.8 sqm): a two-bedroom apartment on the 5th floor of a 7-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 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 506, Binghatti Gems
Starts from the last sale price (AED 650K, 14 January 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →