1-bed · 636 sqftBinghatti Nova, Jumeirah Village Circle (JVC) · 5th floor · completed 2023

511, Binghatti Nova

Sold prices and rental history: sold once, by the developer in March 2023, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 511 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 580K14 March 2023
Current rentAED 65K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 511, Binghatti Nova

What is 511 worth today?

Last sold for AED 580,000 in 2023

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10 Apr 2024RentedNew contract
AED 65,000/yr12 months · AED 102 per sqft
14 Mar 2023Sold by developerOff-plan
AED 580,000AED 911 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2024.

Key facts

Type
1-bed apartment
Size
636 sqft
Floor
5th of 15
Parking
1
Developer
Binghatti
Completed
2023
Last sold
AED 580K · March 2023

About 511, Binghatti Nova

511 is a one-bedroom apartment of 636 sqft on the 5th floor of Binghatti Nova, a 15-storey tower in Jumeirah Village Circle (JVC) completed in 2023 by Binghatti. The developer sold it on 14 March 2023 for AED 580,000, or AED 911 per sqft, in line with the AED 917 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 10 April 2024. The current contract, signed on 10 April 2024, is AED 65,000 a year: a gross yield of 11.2% on the 2023 price.

Sales and rents for 511 over time

Sales
Unit 511, each saleTypical one-bed in Binghatti Nova
600K800K1M20232024202520262027Typical sale price by year: 2023 AED 610,000; 2024 AED 840,000; 2025 AED 920,000; 2026 AED 1,000,000Sold by developer, March 2023: AED 580,000 (AED 911 per sqft)

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

Rents
Unit 511, each contractTypical one-bed in Binghatti Nova
65K70K75K2024202520262027Typical rent by year: 2024 AED 65,000; 2025 AED 71,000; 2026 AED 75,000New contract, April 2024: AED 65,000 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 Nova, and where 511 sits

All 168 1-beds →

511 last sold in March 2023 at AED 911 per sqft, in line with what one-beds in Binghatti Nova were fetching at the time (AED 917). Over the last 12 months one-beds sold for AED 800,000 to 1,030,000, around AED 1,445 per sqft, and rent for AED 65,000 to 90,000 a year. 511's AED 65,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Feb 20261,030,000
27 Jan 2026800,000
14 Jan 20261,000,000
22 Dec 2025890,000
4 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. 4 sold in the last 12 months.

Typical price per sqft
AED 1,445
Typical sale
AED 945K
Typical rent
AED 75K /yr
Typical yield
8.1%
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

511, Binghatti Nova in numbers

  • Sold once: by Binghatti on 14 March 2023 for AED 580,000, or AED 911 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2023 price is 11.2%.
  • One-beds in Binghatti Nova sold for AED 800,000–1,030,000 in the 12 months to November 2026; the building's median across all types is AED 1,445 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 April 2024.

Questions about 511, Binghatti Nova

What did unit 511 last sell for?

AED 580,000 on 14 March 2023, sold by the developer: AED 911 per sqft for 636 sqft. It is the only registered sale of the unit.

What is the rent for unit 511?

AED 65,000 a year on the contract signed on 10 April 2024.

How big is unit 511?

636 sqft (59.1 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower completed in 2023.

What is unit 511 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 800,000 to 1,030,000 in the last 12 months, around AED 1,445 per sqft.

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Mortgage on 511, Binghatti Nova

Starts from the last sale price (AED 580K, 14 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 580,000
Deposit, UAE resident (20%)
AED 116,000
Deposit, non-resident (40%)
AED 232,000
Monthly over 25 years at 3.7%
AED 2,373

Plus AED 29,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →