1-bed · 619 sqftBinghatti Nova, Jumeirah Village Circle (JVC) · 5th floor · completed 2023

508, Binghatti Nova

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

Unit 508 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 820K5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Binghatti Nova

What is 508 worth today?

Last sold for AED 820,000 in 2024

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5 Mar 2024SoldReady
AED 820,000AED 1,324 per sqft
14 Mar 2023Sold by developerOff-plan
AED 625,000AED 1,008 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
1-bed apartment
Size
619 sqft
Floor
5th of 15
Parking
B1-48
Developer
Binghatti
Completed
2023
Last sold
AED 820K · March 2024

About 508, Binghatti Nova

508 is a one-bedroom apartment of 619 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 5 March 2024 for AED 820,000, or AED 1,324 per sqft, 38% above the AED 957 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Binghatti Nova
600K800K20232024202520262027Typical sale price by year: 2023 AED 610,000; 2024 AED 840,000; 2025 AED 920,000; 2026 AED 875,000Sold by developer, March 2023: AED 625,000 (AED 1,008 per sqft)Sold, March 2024: AED 820,000 (AED 1,324 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Binghatti Nova
65K68K70K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 70,000; 2026 AED 65,000

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

1-beds in Binghatti Nova, and where 508 sits

All 178 1-beds →

508 last sold in March 2024 at AED 1,324 per sqft, 38% above what one-beds in Binghatti Nova were fetching at the time (AED 957). Over the last 12 months one-beds sold for AED 650,699 to 1,030,000, around AED 1,306 per sqft, and rent for AED 38,000 to 90,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
22 Oct 2026930,000
5 Oct 2026900,000
15 Sep 2026800,000
4 Sep 2026850,000
12 1-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
5012-bedAED 1.15M · Jul 2024
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
1–7 of 13

508, Binghatti Nova in numbers

  • Sold twice: first on 14 March 2023 for AED 625,000, last on 5 March 2024 for AED 820,000 (AED 1,324 per sqft).
  • One-beds in Binghatti Nova sold for AED 650,699–1,030,000 in the 12 months to November 2026; the building's median across all types is AED 1,306 per sqft.

Source: Dubai Land Department. Updated 5 March 2024.

Questions about 508, Binghatti Nova

What did unit 508 last sell for?

AED 820,000 on 5 March 2024: AED 1,324 per sqft for 619 sqft. The unit has 2 registered sales; the first was AED 625,000 in March 2023.

How big is unit 508?

619 sqft (57.5 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2023.

What is unit 508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Nova sold for AED 650,699 to 1,030,000 in the last 12 months, around AED 1,306 per sqft.

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Mortgage on 508, Binghatti Nova

Starts from the last sale price (AED 820K, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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