1-bed · 618 sqftBinghatti Mirage, Jumeirah Village Circle (JVC) · 1st floor · completed 2022

121, Binghatti Mirage

Sold prices and rental history: sold once, by the developer in August 2021, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 121 · DLD and Ejari recordsUpdated 2 January 2024
Last soldAED 494K15 August 2021
Current rentAED 40K /yr2 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 121, Binghatti Mirage

What is 121 worth today?

Last sold for AED 493,500 in 2021

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2 Jan 2024RentedRenewal
AED 40,000/yr12 months · AED 65 per sqft
1 Jan 2023RentedNew contract
AED 39,893/yr12 months · AED 65 per sqft
23 May 2022RentedNew contract
AED 49,866/yr12 months · AED 81 per sqft
15 Aug 2021Sold by developerOff-plan
AED 493,500AED 798 per sqft

Source: Dubai Land Department. Updated 2 January 2024.

Key facts

Type
1-bed apartment
Size
618 sqft
Floor
1st of 4
Parking
B-93
Developer
Binghatti
Completed
2022
Last sold
AED 494K · August 2021

About 121, Binghatti Mirage

121 is a one-bedroom apartment of 618 sqft on the 1st floor of Binghatti Mirage, a 4-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 15 August 2021 for AED 493,500, or AED 798 per sqft, in line with the AED 797 one-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 2 January 2024, is AED 40,000 a year: a gross yield of 8.1% on the 2021 price.

Sales and rents for 121 over time

Sales
Unit 121, each saleTypical one-bed in Binghatti Mirage
600K800K2021202320252027Typical sale price by year: 2021 AED 500,912; 2022 AED 530,000; 2023 AED 600,000; 2024 AED 750,000; 2025 AED 795,000; 2026 AED 790,000Sold by developer, August 2021: AED 493,500 (AED 798 per sqft)

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

Rents
Unit 121, each contractTypical one-bed in Binghatti Mirage
40K60K202220242026Typical rent by year: 2022 AED 42,000; 2023 AED 47,250; 2024 AED 58,000; 2025 AED 65,000; 2026 AED 61,000New contract, May 2022: AED 49,866 a yearNew contract, January 2023: AED 39,893 a yearRenewal, January 2024: AED 40,000 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 Mirage, and where 121 sits

All 92 1-beds →

121 last sold in August 2021 at AED 798 per sqft, in line with what one-beds in Binghatti Mirage were fetching at the time (AED 797). Over the last 12 months one-beds sold for AED 710,000 to 1,030,000, around AED 1,159 per sqft, and rent for AED 50,000 to 82,000 a year. 121's AED 40,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
14 Sep 2026710,000
23 Apr 2026950,000
23 Apr 2026750,000
19 Feb 2026830,000
5 1-bed sales in the last 12 months

Binghatti Mirage

Building

160 apartments, 1-bed to 2-bed over 4 floors in Jumeirah Village Circle (JVC), completed in 2022 by Binghatti. 9 sold in the last 12 months.

Typical price per sqft
AED 1,113
Typical sale
AED 990K
Typical rent
AED 65K /yr
Typical yield
8.3%
Binghatti Mirage, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 1st floor

All 160 units in Binghatti Mirage
Value
1012-bedAED 698K · Jul 2021
1022-bedAED 680K · Sep 2021
1031-bedAED 544K · Feb 2023
1041-bedAED 1.03M · Dec 2025
1051-bedAED 480K · Aug 2021
1061-bedAED 493K · Sep 2021
1072-bedAED 731K · Jul 2021
1–7 of 35

121, Binghatti Mirage in numbers

  • Sold once: by Binghatti on 15 August 2021 for AED 493,500, or AED 798 per sqft.
  • Rented since May 2022 on 3 Ejari contracts, from AED 49,866 to AED 40,000 a year.
  • At AED 40,000 a year the gross yield on the 2021 price is 8.1%.
  • One-beds in Binghatti Mirage sold for AED 710,000–1,030,000 in the 12 months to November 2026; the building's median across all types is AED 1,113 per sqft.

Source: Dubai Land Department. Updated 2 January 2024.

Questions about 121, Binghatti Mirage

What did unit 121 last sell for?

AED 493,500 on 15 August 2021, sold by the developer: AED 798 per sqft for 618 sqft. It is the only registered sale of the unit.

What is the rent for unit 121?

AED 40,000 a year on the contract renewed on 2 January 2024. The previous contract, from January 2023, was AED 39,893; the unit has been rented since May 2022.

How big is unit 121?

618 sqft (57.4 sqm): a one-bedroom apartment on the 1st floor of a 4-storey tower completed in 2022.

What is unit 121 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Mirage sold for AED 710,000 to 1,030,000 in the last 12 months, around AED 1,159 per sqft.

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Mortgage on 121, Binghatti Mirage

Starts from the last sale price (AED 494K, 15 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 493,500
Deposit, UAE resident (20%)
AED 98,700
Deposit, non-resident (40%)
AED 197,400
Monthly over 25 years at 3.7%
AED 2,019

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