2-bed · 965 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 4th floor · completed 2022

409, Binghatti Gate

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

Unit 409 · DLD and Ejari recordsUpdated 4 February 2025
Last soldAED 1.09M12 December 2024
Current rentAED 95K /yr4 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 409, Binghatti Gate

What is 409 worth today?

Last sold for AED 1,092,500 in 2024

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4 Feb 2025RentedNew contract
AED 95,000/yr12 months · AED 98 per sqft
12 Dec 2024SoldReady
AED 1,092,500AED 1,132 per sqft
13 Nov 2023RentedNew contract
AED 90,000/yr12 months · AED 93 per sqft
24 Oct 2022RentedNew contract
AED 80,000/yr12 months · AED 83 per sqft
26 Aug 2021Sold by developerOff-plan
AED 706,454AED 732 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 February 2025.

Key facts

Type
2-bed apartment
Size
965 sqft
Floor
4th of 6
Parking
P1-46
Developer
Binghatti
Completed
2022
Service charge
AED 15,000 /yr
Last sold
AED 1.09M · December 2024

About 409, Binghatti Gate

409 is a two-bedroom apartment of 965 sqft on the 4th floor of Binghatti Gate, a 6-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. It last sold on 12 December 2024 for AED 1,092,500, or AED 1,132 per sqft, 15% above the AED 988 two-beds in the building were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 4 February 2025, is AED 95,000 a year: a gross yield of 8.7% on the 2024 price, before the service charge of about AED 15,000 a year.

Sales and rents for 409 over time

Sales
Unit 409, each saleTypical two-bed in Binghatti Gate
800K1M202120232025Typical sale price by year: 2021 AED 700,000; 2022 AED 709,537; 2023 AED 795,000; 2024 AED 950,000; 2025 AED 1,050,000Sold by developer, August 2021: AED 706,454 (AED 732 per sqft)Sold, December 2024: AED 1,092,500 (AED 1,132 per sqft)

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

Rents
Unit 409, each contractTypical two-bed in Binghatti Gate
60K80K100K20222023202420252026Typical rent by year: 2022 AED 60,000; 2023 AED 75,000; 2024 AED 85,000; 2025 AED 90,000New contract, October 2022: AED 80,000 a yearNew contract, November 2023: AED 90,000 a yearNew contract, February 2025: AED 95,000 a year

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

2-beds in Binghatti Gate, and where 409 sits

All 46 2-beds →

409 last sold in December 2024 at AED 1,132 per sqft, 15% above what two-beds in Binghatti Gate were fetching at the time (AED 988). Over the last 12 months two-beds sold for AED 1,040,000, around AED 833 per sqft, and rent for AED 87,000 to 92,000 a year. 409's AED 95,000 is at the top of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
12 Jan 20261,040,000
2 Jun 2025900,000
14 Apr 20251,050,000
31 Jan 20251,200,000
1 2-bed sale in the last 12 months

Binghatti Gate

Building

132 apartments, 1-bed to 2-bed over 6 floors in Jumeirah Village Circle (JVC), completed in 2022 by Binghatti. 5 sold in the last 12 months.

Typical price per sqft
AED 929
Typical sale
AED 750K
Typical rent
AED 65K /yr
Typical yield
9.8%
Binghatti Gate, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 4th floor

All 132 units in Binghatti Gate
Value
4012-bedAED 715K · Mar 2023
4021-bedAED 521K · May 2021
4031-bedAED 506K · May 2021
4041-bedAED 515K · Sep 2022
4052-bedAED 1.05M · Jun 2024
4062-bedAED 1.04M · Jan 2026
4071-bedAED 385K · Dec 2021
1–7 of 21

409, Binghatti Gate in numbers

  • Sold twice: first on 26 August 2021 for AED 706,454, last on 12 December 2024 for AED 1,092,500 (AED 1,132 per sqft).
  • Rented since October 2022 on 3 Ejari contracts, from AED 80,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2024 price is 8.7%, before a service charge of about AED 15,000 a year (AED 15.55 per sqft).
  • Two-beds in Binghatti Gate sold for AED 1,040,000–1,040,000 in the 12 months to November 2026; the building's median across all types is AED 929 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 February 2025.

Questions about 409, Binghatti Gate

What did unit 409 last sell for?

AED 1,092,500 on 12 December 2024: AED 1,132 per sqft for 965 sqft. The unit has 2 registered sales; the first was AED 706,454 in August 2021.

What is the rent for unit 409?

AED 95,000 a year on the contract signed on 4 February 2025. The previous contract, from November 2023, was AED 90,000; the unit has been rented since October 2022.

How big is unit 409?

965 sqft (89.7 sqm): a two-bedroom apartment on the 4th floor of a 6-storey tower completed in 2022.

What is unit 409 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Gate sold for AED 1,040,000 to 1,040,000 in the last 12 months, around AED 833 per sqft.

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Mortgage on 409, Binghatti Gate

Starts from the last sale price (AED 1.09M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,092,500
Deposit, UAE resident (20%)
AED 218,500
Deposit, non-resident (40%)
AED 437,000
Monthly over 25 years at 3.7%
AED 4,470

Plus AED 50,895 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →