Unit 512, Binghatti Gate: what it sold for and what it is worth now

Unit 512 at Binghatti Gate is a 2 bed of 961 sq ft. It last sold for AED 950,000 on 26 Mar 2024. At AED 834 per sq ft, from 5 sales in the building in the last 12 months (2 bed), it is worth about AED 801,000 today.

Value todayAED 801,000AED 772,000 to AED 863,000
Last saleAED 950,00026 Mar 2024 · Resale
Change since last sale-15.7%Building trend alone: AED 1,030,995
Rent (median asking, 2 bed)AED 85,000Gross yield 10.6%
Bedrooms2 bed
Size961 sq ft
Floor5 (from the unit number)
Position in the towerStack 12: units ending 12 share the same layout and view
BuildingBinghatti Gate by Binghatti Developers, handed over 2022
Registered sales of this unit2

Every registered sale of unit 512

DatePriceSizeAED/sq ftType
26 Mar 2024AED 950,000961 sq ft989Resale
20 Dec 2021AED 710,639961 sq ft739Off-plan

Units ending 12 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
11230 Jun 2026AED 1,008,6781,256 sq ft803Resale
61214 May 2024AED 1,000,000960 sq ft1,042Resale
41215 Mar 2023AED 780,000960 sq ft813Resale
41231 Oct 2022AED 685,000960 sq ft714Resale
21227 Sep 2021AED 681,315960 sq ft710Off-plan
11226 Aug 2021AED 686,5001,256 sq ft547Off-plan
31223 May 2021AED 696,000961 sq ft724Off-plan
61217 May 2021AED 635,623960 sq ft662Off-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 (961 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 1,030,995. 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 512 at Binghatti Gate worth?

About AED 801,000 (range AED 772,000 to AED 863,000), based on AED 834 per sq ft from registered sales up to 1 Jul 2026.

When did unit 512 last sell?

26 Mar 2024, for AED 950,000 (resale). It has 2 registered sales.

What rent can unit 512 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 511 · Unit 513