2-bed · 983 sqftBinghatti Nova, Jumeirah Village Circle (JVC) · 5th floor · completed 2023

501, Binghatti Nova

Sold prices and rental history: sold twice, last in July 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 501 · DLD and Ejari recordsUpdated 12 July 2024
Last soldAED 1.15M12 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 501, Binghatti Nova

What is 501 worth today?

Last sold for AED 1,150,000 in 2024

Unlock today's estimate, updated daily, with

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

12 Jul 2024SoldReady
AED 1,150,000AED 1,169 per sqft
18 Apr 2023Sold by developerOff-plan
AED 860,000AED 873 per sqft

Source: Dubai Land Department. Updated 12 July 2024.

Key facts

Type
2-bed apartment
Size
983 sqft
Floor
5th of 15
Parking
B1-41
Developer
Binghatti
Completed
2023
Last sold
AED 1.15M · July 2024

About 501, Binghatti Nova

501 is a two-bedroom apartment of 983 sqft on the 5th floor of Binghatti Nova, a 15-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Binghatti. It last sold on 12 July 2024 for AED 1,150,000, or AED 1,169 per sqft, in line with the AED 1,199 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 501 over time

Sales
Unit 501, each saleTypical two-bed in Binghatti Nova
800K1M1.2M202320242025Typical sale price by year: 2023 AED 867,500; 2024 AED 1,210,000Sold by developer, April 2023: AED 860,000 (AED 873 per sqft)Sold, July 2024: AED 1,150,000 (AED 1,169 per sqft)

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

Rents
Unit 501, each contractTypical two-bed in Binghatti Nova
85K90K2024202520262027Typical rent by year: 2024 AED 90,000; 2025 AED 92,000; 2026 AED 83,500

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Binghatti Nova, and where 501 sits

All 30 2-beds →

501 last sold in July 2024 at AED 1,169 per sqft, in line with what two-beds in Binghatti Nova were fetching at the time (AED 1,199).

Recent 2-bed salesUnit no.Price (AED)Summary
15 May 20251,350,000
29 Nov 20241,200,000
4 Nov 20241,330,000
16 Sep 20241,220,000
0 2-bed sales in the last 12 months

Binghatti Nova

Building

208 apartments, 1-bed to 2-bed over 15 floors in Jumeirah Village Circle (JVC), completed in 2023 by Binghatti. 12 sold in the last 12 months.

Typical price per sqft
AED 1,306 Down 3.8%
Typical sale
AED 883K
Typical rent
AED 68K /yr
Typical yield
7.7%
Binghatti Nova, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 5th floor

All 208 units in Binghatti Nova
Value
5021-bedAED 785K · Jan 2024
5032-bedAED 960K · Apr 2023
5041-bedAED 600K · Mar 2023
5051-bedAED 585K · Apr 2023
5061-bedAED 580K · Mar 2023
5071-bedAED 625K · Mar 2023
5081-bedAED 820K · Mar 2024
1–7 of 13

501, Binghatti Nova in numbers

  • Sold twice: first on 18 April 2023 for AED 860,000, last on 12 July 2024 for AED 1,150,000 (AED 1,169 per sqft).

Source: Dubai Land Department. Updated 12 July 2024.

Questions about 501, Binghatti Nova

What did unit 501 last sell for?

AED 1,150,000 on 12 July 2024: AED 1,169 per sqft for 983 sqft. The unit has 2 registered sales; the first was AED 860,000 in April 2023.

How big is unit 501?

983 sqft (91.3 sqm): a two-bedroom apartment on the 5th floor of a 15-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.

Selling 501? 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 501, Binghatti Nova

Starts from the last sale price (AED 1.15M, 12 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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