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1-bed · 657 sqftBinghatti Gate, Jumeirah Village Circle (JVC) · 5th floor · completed 2022

508, Binghatti Gate

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

Unit 508 · DLD and Ejari recordsUpdated 25 August 2025
Last soldAED 551K17 May 2021
Current rentAED 60K /yr25 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 508, Binghatti Gate

What is 508 worth today?

Last sold for AED 550,725 in 2021

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25 Aug 2025RentedNew contract
AED 60,000/yr12 months · AED 91 per sqft
1 Jun 2024RentedRenewal
AED 55,000/yr12 months · AED 84 per sqft
1 Jun 2023RentedNew contract
AED 48,300/yr12 months · AED 74 per sqft
1 Jun 2022RentedNew contract
AED 46,000/yr12 months · AED 70 per sqft
17 May 2021Sold by developerOff-plan
AED 550,725AED 837 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 August 2025.

Key facts

Type
1-bed apartment
Size
657 sqft
Floor
5th of 6
Parking
P1-03
Developer
Binghatti
Completed
2022
Service charge
AED 10,200 /yr
Last sold
AED 551K · May 2021
Building
Binghatti Gate

About 508, Binghatti Gate

508 is a one-bedroom apartment of 657 sqft on the 5th floor of Binghatti Gate, a 6-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 17 May 2021 for AED 550,725, or AED 837 per sqft, 12% above the AED 750 one-beds in the building were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 25 August 2025, is AED 60,000 a year: a gross yield of 10.9% on the 2021 price, before the service charge of about AED 10,200 a year.

Sales and rents for 508 over time

Sales
Unit 508, each saleTypical one-bed in Binghatti Gate
600K2021202320252027Typical sale price by year: 2021 AED 518,000; 2022 AED 500,000; 2023 AED 620,000; 2024 AED 719,000; 2025 AED 742,500; 2026 AED 750,000Sold by developer, May 2021: AED 550,725 (AED 837 per sqft)

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

Rents
Unit 508, each contractTypical one-bed in Binghatti Gate
40K60K202220242026Typical rent by year: 2022 AED 40,000; 2023 AED 49,000; 2024 AED 57,750; 2025 AED 60,000; 2026 AED 63,000New contract, June 2022: AED 46,000 a yearNew contract, June 2023: AED 48,300 a yearRenewal, June 2024: AED 55,000 a yearNew contract, August 2025: AED 60,000 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 Gate, and where 508 sits

All 80 1-beds →

508 last sold in May 2021 at AED 837 per sqft, 12% above what one-beds in Binghatti Gate were fetching at the time (AED 750). Over the last 12 months one-beds sold for AED 600,000 to 1,060,000, around AED 1,041 per sqft, and rent for AED 58,000 to 92,000 a year. 508's AED 60,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Jan 2026600,000
15 Jan 2026750,000
5 Jan 20261,060,000
21 Jul 2025745,000
4 1-bed sales 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 5th floor

All 132 units in Binghatti Gate
Value
5012-bedAED 750K · Dec 2023
5021-bedAED 585K · May 2023
5031-bedAED 500K · Sep 2022
5041-bedAED 510K · Aug 2021
505AED 1.04M · Aug 2025
5062-bedAED 790K · Feb 2023
5071-bedAED 730K · Aug 2024
1–7 of 21

508, Binghatti Gate in numbers

  • Sold once: by Binghatti on 17 May 2021 for AED 550,725, or AED 837 per sqft.
  • Rented since June 2022 on 4 Ejari contracts, from AED 46,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2021 price is 10.9%, before a service charge of about AED 10,200 a year (AED 15.55 per sqft).
  • One-beds in Binghatti Gate sold for AED 600,000–1,060,000 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 25 August 2025.

Questions about 508, Binghatti Gate

What did unit 508 last sell for?

AED 550,725 on 17 May 2021, sold by the developer: AED 837 per sqft for 657 sqft. It is the only registered sale of the unit.

What is the rent for unit 508?

AED 60,000 a year on the contract signed on 25 August 2025. The previous contract, from June 2024, was AED 55,000; the unit has been rented since June 2022.

How big is unit 508?

657 sqft (61.0 sqm): a one-bedroom apartment on the 5th floor of a 6-storey tower completed in 2022.

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 Gate sold for AED 600,000 to 1,060,000 in the last 12 months, around AED 1,041 per sqft.

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Mortgage on 508, Binghatti Gate

Starts from the last sale price (AED 551K, 17 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 550,725
Deposit, UAE resident (20%)
AED 110,145
Deposit, non-resident (40%)
AED 220,290
Monthly over 25 years at 3.7%
AED 2,253

Plus AED 28,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →