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788 sqftBinghatti Jasmine, Jumeirah Village Circle (JVC) · 5th floor · completed 2023

501, Binghatti Jasmine

Sold prices and rental history: sold twice, last in October 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 25 October 2024
Last soldAED 850K25 October 2024
Current rentAED 55K /yr15 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 501, Binghatti Jasmine

What is 501 worth today?

Last sold for AED 850,000 in 2024

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25 Oct 2024SoldReady
AED 850,000AED 1,078 per sqft
15 Dec 2023RentedRenewal
AED 55,000/yr12 months · AED 70 per sqft
15 Dec 2022RentedNew contract
AED 55,000/yr12 months · AED 70 per sqft
15 Jun 2022Sold by developerOff-plan
AED 510,000AED 647 per sqft

Source: Dubai Land Department. Updated 25 October 2024.

Key facts

Type
Apartment
Size
788 sqft
Floor
5th of 5
Parking
P-45
Developer
Binghatti
Completed
2023
Last sold
AED 850K · October 2024
Building
Binghatti Jasmine

About 501, Binghatti Jasmine

501 is an apartment of 788 sqft on the 5th floor of Binghatti Jasmine, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Binghatti. It last sold on 25 October 2024 for AED 850,000, or AED 1,078 per sqft.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 15 December 2023, is AED 55,000 a year: a gross yield of 6.5% on the 2024 price.

Binghatti Jasmine

Building

89 apartments, 1-bed to 3-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2023 by Binghatti. 6 sold in the last 12 months.

Typical price per sqft
AED 1,182
Typical sale
AED 900K
Typical rent
AED 72K /yr
Typical yield
8.2%
Binghatti Jasmine, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 5th floor

All 89 units in Binghatti Jasmine
Value
502AED 725K · Apr 2023
503AED 500K · Jul 2022
504AED 840K · Oct 2023
505AED 515K · Jun 2022
506AED 700K · Aug 2023
507AED 500K · Oct 2022
5083-bedAED 1.8M · Jan 2025
1–7 of 17

501, Binghatti Jasmine in numbers

  • Sold twice: first on 15 June 2022 for AED 510,000, last on 25 October 2024 for AED 850,000 (AED 1,078 per sqft).
  • Rented since December 2022 on 2 Ejari contracts, at AED 55,000 a year.
  • At AED 55,000 a year the gross yield on the 2024 price is 6.5%.

Source: Dubai Land Department. Updated 25 October 2024.

Questions about 501, Binghatti Jasmine

What did unit 501 last sell for?

AED 850,000 on 25 October 2024: AED 1,078 per sqft for 788 sqft. The unit has 2 registered sales; the first was AED 510,000 in June 2022.

What is the rent for unit 501?

AED 55,000 a year on the contract renewed on 15 December 2023. The previous contract, from December 2022, was AED 55,000.

How big is unit 501?

788 sqft (73.2 sqm): an apartment on the 5th floor of a 5-storey tower completed in 2023.

What is unit 501 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 501, Binghatti Jasmine

Starts from the last sale price (AED 850K, 25 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 850,000
Deposit, UAE resident (20%)
AED 170,000
Deposit, non-resident (40%)
AED 340,000
Monthly over 25 years at 3.7%
AED 3,478

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