Unit 508, Binghatti Gate: what it sold for and what it is worth now

Unit 508 at Binghatti Gate is a 1 bed of 657 sq ft. It last sold for AED 550,725 on 17 May 2021. At AED 1,134 per sq ft, from 11 sales in the building in the last 12 months (1 bed), it is worth about AED 745,000 today.

Value todayAED 745,000AED 671,000 to AED 758,000
Last saleAED 550,72517 May 2021 · Off-plan
Change since last sale+35.3% 
Rent (median asking, 1 bed)AED 58,000Gross yield 7.8%
Bedrooms1 bed
Size657 sq ft
Floor5 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingBinghatti Gate by Binghatti Developers, handed over 2022
Registered sales of this unit1

Every registered sale of unit 508

DatePriceSizeAED/sq ftType
17 May 2021AED 550,725657 sq ft838Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
30821 Jul 2025AED 745,000657 sq ft1,134Resale
60827 May 2025AED 760,000657 sq ft1,157Resale
2081 Apr 2024AED 720,000657 sq ft1,096Resale
30827 Feb 2023AED 550,000657 sq ft837Resale
10817 Mar 2022AED 485,000862 sq ft563Resale
20815 Aug 2021AED 522,863657 sq ft796Off-plan
30830 May 2021AED 524,675657 sq ft799Off-plan
10827 May 2021AED 500,000862 sq ft580Off-plan

Latest 1 bed sales in Binghatti Gate

UnitDatePriceSizeAED/sq ftType
6071 Jul 2026AED 720,000646 sq ft1,115Resale
51723 Jun 2026AED 745,000644 sq ft1,157Resale
30327 Apr 2026AED 1,300,000646 sq ft2,012Resale
30326 Jan 2026AED 600,000646 sq ft929Resale
62015 Jan 2026AED 750,000644 sq ft1,165Resale
1155 Jan 2026AED 1,060,0001,307 sq ft811Resale
60420 Nov 2025AED 750,000651 sq ft1,152Resale
51620 Oct 2025AED 732,000650 sq ft1,126Resale

How we worked out the value

We took the 11 sales in Binghatti Gate in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,134). We multiplied it by the size of this unit (657 sq ft). The range uses the middle half of those sales (AED 1,022 to AED 1,154 per sq ft). 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 508 at Binghatti Gate worth?

About AED 745,000 (range AED 671,000 to AED 758,000), based on AED 1,134 per sq ft from registered sales up to 1 Jul 2026.

When did unit 508 last sell?

17 May 2021, for AED 550,725 (off-plan). It has 1 registered sale.

What rent can unit 508 make?

A 1 bed in Binghatti Gate rents for about AED 58,000 a year (median asking rent). That is a gross yield of 7.8% on the estimate.

Sales alert for Binghatti GateAll sales in Binghatti Gate

Unit 507 · Unit 509