2-bed · 877 sqftBinghatti East, Dubailand Residence Complex · 5th floor

507, Binghatti East

Sold prices and rental history: sold once, by the developer in November 2021, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 507 · DLD and Ejari recordsUpdated 30 October 2024
Last soldAED 885K9 November 2021
Current rentAED 140K /yr30 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 507, Binghatti East

What is 507 worth today?

Last sold for AED 885,467 in 2021

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30 Oct 2024RentedNew contract
AED 140,000/yr12 months · AED 80 per sqft
9 Nov 2021Sold by developerReady
AED 885,467AED 504 per sqft

Source: Dubai Land Department. Updated 30 October 2024.

Key facts

Type
2-bed apartment
Size
877 sqft
Floor
5th of 6
Parking
B-29
Service charge
AED 14,700 /yr
Last sold
AED 885K · November 2021

About 507, Binghatti East

507 is a two-bedroom apartment of 877 sqft on the 5th floor of Binghatti East, a 6-storey tower in Dubailand Residence Complex. The developer sold it on 9 November 2021 for AED 885,467, or AED 504 per sqft, 7% above the AED 470 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 30 October 2024. The current contract, signed on 30 October 2024, is AED 140,000 a year: a gross yield of 15.8% on the 2021 price, before the service charge of about AED 14,700 a year.

Sales and rents for 507 over time

Sales
Unit 507, each saleTypical two-bed in Binghatti East
850K202120222023Typical sale price by year: 2021 AED 823,404; 2022 AED 868,000Sold by developer, November 2021: AED 885,467 (AED 504 per sqft)

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

2-beds in Binghatti East, and where 507 sits

All 18 2-beds →

507 last sold in November 2021 at AED 504 per sqft, 7% above what two-beds in Binghatti East were fetching at the time (AED 470).

Recent 2-bed salesUnit no.Price (AED)Summary
13 Aug 20241,280,000
16 May 20241,600,000
7 Aug 20231,160,000
4 Aug 20221,050,000
0 2-bed sales in the last 12 months

Binghatti East

Building

60 apartments, 1-bed to 2-bed over 6 floors in Dubailand Residence Complex. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 95K /yr
Typical yield
Binghatti East, Dubailand Residence Complex: prices, sales and rents →

Other units on the 5th floor

All 60 units in Binghatti East
Value
5012-bedAED 1.05M · Aug 2022
5021-bedAED 530K · Dec 2021
5031-bedAED 660K · May 2022
5041-bedAED 670K · Sep 2023
5051-bedAED 607K · Feb 2022
5061-bedAED 930K · May 2024
5081-bedAED 724K · Oct 2021
1–7 of 10

507, Binghatti East in numbers

  • Sold once: by the developer on 9 November 2021 for AED 885,467, or AED 504 per sqft.
  • Rented since October 2024 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 15.8%, before a service charge of about AED 14,700 a year (AED 16.79 per sqft).

Source: Dubai Land Department. Updated 30 October 2024.

Questions about 507, Binghatti East

What did unit 507 last sell for?

AED 885,467 on 9 November 2021, sold by the developer: AED 504 per sqft for 877 sqft. It is the only registered sale of the unit.

What is the rent for unit 507?

AED 140,000 a year on the contract signed on 30 October 2024.

How big is unit 507?

877 sqft (81.5 sqm): a two-bedroom apartment on the 5th floor of a 6-storey tower.

What is unit 507 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 507, Binghatti East

Starts from the last sale price (AED 885K, 9 November 2021). Switch to today's estimate once you have unlocked it.
Price
AED 885,467
Deposit, UAE resident (20%)
AED 177,093
Deposit, non-resident (40%)
AED 354,187
Monthly over 25 years at 3.7%
AED 3,623

Plus AED 42,200 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →