Unit 505, Binghatti Gate: what it sold for and what it is worth now

Unit 505 at Binghatti Gate is a 2 bed of 988 sq ft. It last sold for AED 1,040,000 on 14 Aug 2025. At AED 834 per sq ft, from 5 sales in the building in the last 12 months (2 bed), it is worth about AED 824,000 today.

Value todayAED 824,000AED 793,000 to AED 887,000
Last saleAED 1,040,00014 Aug 2025 · Resale
Change since last sale-20.8%Building trend alone: AED 1,070,588
Rent (median asking, 2 bed)AED 85,000Gross yield 10.3%
Bedrooms2 bed
Size988 sq ft
Floor5 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingBinghatti Gate by Binghatti Developers, handed over 2022
Registered sales of this unit2

Every registered sale of unit 505

DatePriceSizeAED/sq ftType
14 Aug 2025AED 1,040,000988 sq ft1,053Resale
9 May 2021AED 700,000988 sq ft709Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
40512 Jun 2024AED 1,050,000979 sq ft1,073Resale
10519 Jan 2024AED 960,0001,553 sq ft618Resale
30521 Dec 2023AED 875,000988 sq ft886Resale
10522 Dec 2021AED 683,4431,553 sq ft440Off-plan
40530 Aug 2021AED 698,000979 sq ft713Off-plan
60530 May 2021AED 715,000979 sq ft730Off-plan
30523 May 2021AED 681,942988 sq ft690Off-plan
20517 May 2021AED 675,206979 sq ft690Off-plan

Latest 2 bed sales in Binghatti Gate

UnitDatePriceSizeAED/sq ftType
11230 Jun 2026AED 1,008,6781,256 sq ft803Resale
20616 Mar 2026AED 1,120,0001,247 sq ft898Resale
40612 Jan 2026AED 1,040,0001,247 sq ft834Resale
10628 Oct 2025AED 1,600,0002,118 sq ft755Resale
3092 Jun 2025AED 900,000963 sq ft935Resale
51014 Apr 2025AED 1,050,000965 sq ft1,088Resale
21031 Jan 2025AED 1,200,000963 sq ft1,246Resale
40912 Dec 2024AED 1,092,500965 sq ft1,132Resale

How we worked out the value

We took the 5 sales in Binghatti Gate in the last 12 months (2 bed), worked out the price per sq ft of each, and used the middle value (AED 834). We multiplied it by the size of this unit (988 sq ft). The range uses the middle half of those sales (AED 803 to AED 898 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,070,588. Floor, view, condition and upgrades can move the price either way. Sales data to 1 Jul 2026, from the Dubai Land Department register.

Questions

What is unit 505 at Binghatti Gate worth?

About AED 824,000 (range AED 793,000 to AED 887,000), based on AED 834 per sq ft from registered sales up to 1 Jul 2026.

When did unit 505 last sell?

14 Aug 2025, for AED 1,040,000 (resale). It has 2 registered sales.

What rent can unit 505 make?

A 2 bed in Binghatti Gate rents for about AED 85,000 a year (median asking rent). That is a gross yield of 10.3% on the estimate.

Sales alert for Binghatti GateAll sales in Binghatti Gate

Unit 504 · Unit 506