2-bed · 940 sqftBinghatti Rose, Jumeirah Village Circle (JVC) · 5th floor · completed 2022

506, Binghatti Rose

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

Unit 506 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 700K7 April 2022
Current rentAED 56K /yr16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Binghatti Rose

What is 506 worth today?

Last sold for AED 700,000 in 2022

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16 Jul 2024RentedNew contract
AED 56,000/yr12 months · AED 60 per sqft
10 Oct 2022RentedNew contract
AED 56,000/yr12 months · AED 60 per sqft
7 Apr 2022Sold by developerOff-plan
AED 700,000AED 745 per sqft

Source: Dubai Land Department. Updated 16 July 2024.

Key facts

Type
2-bed apartment
Size
940 sqft
Floor
5th of 5
Parking
P1-30
Developer
Binghatti
Completed
2022
Last sold
AED 700K · April 2022

About 506, Binghatti Rose

506 is a two-bedroom apartment of 940 sqft on the 5th floor of Binghatti Rose, a 5-storey tower in Jumeirah Village Circle (JVC) completed in 2022 by Binghatti. The developer sold it on 7 April 2022 for AED 700,000, or AED 745 per sqft, in line with the AED 727 two-beds in the building were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 16 July 2024, is AED 56,000 a year: a gross yield of 8.0% on the 2022 price.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical two-bed in Binghatti Rose
750K1M20222023202420252026Typical sale price by year: 2022 AED 700,000; 2023 AED 862,500; 2024 AED 1,010,000; 2025 AED 1,160,000Sold by developer, April 2022: AED 700,000 (AED 745 per sqft)

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

Rents
Unit 506, each contractTypical two-bed in Binghatti Rose
60K80K202220242026Typical rent by year: 2022 AED 68,000; 2023 AED 75,000; 2024 AED 82,000; 2025 AED 88,000; 2026 AED 91,000New contract, October 2022: AED 56,000 a yearNew contract, July 2024: AED 56,000 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 Rose, and where 506 sits

All 62 2-beds →

506 last sold in April 2022 at AED 745 per sqft, in line with what two-beds in Binghatti Rose were fetching at the time (AED 727). Over the last 12 months two-beds sold for AED 1,025,000, around AED 1,065 per sqft, and rent for AED 82,500 to 110,000 a year. 506's AED 56,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
15 Jan 20261,025,000
4 Jun 20251,280,000
23 Apr 20251,170,000
7 Apr 20251,150,000
1 2-bed sale in the last 12 months

Binghatti Rose

Building

170 apartments, 1-bed to 3-bed over 5 floors in Jumeirah Village Circle (JVC), completed in 2022 by Binghatti. 5 sold in the last 12 months.

Typical price per sqft
AED 1,195
Typical sale
AED 830K
Typical rent
AED 70K /yr
Typical yield
8.3%
Binghatti Rose, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 5th floor

All 170 units in Binghatti Rose
Value
5011-bedAED 590K · Oct 2022
5021-bedAED 575K · Apr 2022
5033-bedAED 1.4M · Sep 2024
5042-bedAED 740K · May 2022
5051-bedAED 830K · Feb 2026
5072-bedAED 725K · Feb 2022
5082-bedAED 790K · Oct 2022
1–7 of 33

506, Binghatti Rose in numbers

  • Sold once: by Binghatti on 7 April 2022 for AED 700,000, or AED 745 per sqft.
  • Rented since October 2022 on 2 Ejari contracts, at AED 56,000 a year.
  • At AED 56,000 a year the gross yield on the 2022 price is 8.0%.
  • Two-beds in Binghatti Rose sold for AED 1,025,000–1,025,000 in the 12 months to November 2026; the building's median across all types is AED 1,195 per sqft.

Source: Dubai Land Department. Updated 16 July 2024.

Questions about 506, Binghatti Rose

What did unit 506 last sell for?

AED 700,000 on 7 April 2022, sold by the developer: AED 745 per sqft for 940 sqft. It is the only registered sale of the unit.

What is the rent for unit 506?

AED 56,000 a year on the contract signed on 16 July 2024. The previous contract, from October 2022, was AED 56,000.

How big is unit 506?

940 sqft (87.3 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2022.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Rose sold for AED 1,025,000 to 1,025,000 in the last 12 months, around AED 1,065 per sqft.

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Mortgage on 506, Binghatti Rose

Starts from the last sale price (AED 700K, 7 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 700,000
Deposit, UAE resident (20%)
AED 140,000
Deposit, non-resident (40%)
AED 280,000
Monthly over 25 years at 3.7%
AED 2,864

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