Unit 511, Binghatti Gate: what it sold for and what it is worth now

Unit 511 at Binghatti Gate is a 2 bed of 963 sq ft. It last sold for AED 700,000 on 10 Oct 2021. At AED 834 per sq ft, from 5 sales in the building in the last 12 months (2 bed), it is worth about AED 803,000 today.

Value todayAED 803,000AED 773,000 to AED 865,000
Last saleAED 700,00010 Oct 2021 · Off-plan
Change since last sale+14.7%Building trend alone: AED 1,198,299
Rent (median asking, 2 bed)AED 85,000Gross yield 10.6%
Bedrooms2 bed
Size963 sq ft
Floor5 (from the unit number)
Position in the towerStack 11: units ending 11 share the same layout and view
BuildingBinghatti Gate by Binghatti Developers, handed over 2022
Registered sales of this unit1

Every registered sale of unit 511

DatePriceSizeAED/sq ftType
10 Oct 2021AED 700,000963 sq ft727Off-plan

Units ending 11 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
41131 May 2023AED 745,000965 sq ft772Resale
31117 Apr 2023AED 800,000963 sq ft831Resale
31117 Apr 2023AED 800,000963 sq ft831Resale
31131 Oct 2022AED 685,000963 sq ft711Resale
11130 Aug 2021AED 689,0001,283 sq ft537Off-plan
61126 Aug 2021AED 720,454965 sq ft747Off-plan
21125 May 2021AED 683,983965 sq ft709Off-plan
41123 May 2021AED 706,300965 sq ft732Off-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
50514 Aug 2025AED 1,040,000988 sq ft1,053Resale
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

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 (963 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 1,198,299. 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 511 at Binghatti Gate worth?

About AED 803,000 (range AED 773,000 to AED 865,000), based on AED 834 per sq ft from registered sales up to 1 Jul 2026.

When did unit 511 last sell?

10 Oct 2021, for AED 700,000 (off-plan). It has 1 registered sale.

What rent can unit 511 make?

A 2 bed in Binghatti Gate rents for about AED 85,000 a year (median asking rent). That is a gross yield of 10.6% on the estimate.

Sales alert for Binghatti GateAll sales in Binghatti Gate

Unit 510 · Unit 512