Unit 503, Binghatti Gems: what it sold for and what it is worth now

Unit 503 at Binghatti Gems is a 1 bed of 654 sq ft. It last sold for AED 655,000 on 29 Aug 2023. At AED 1,124 per sq ft, from 3 sales in the building in the last 12 months (1 bed), it is worth about AED 735,000 today.

Value todayAED 735,000AED 700,000 to AED 755,000
Last saleAED 655,00029 Aug 2023 · Resale
Change since last sale+12.2%Building trend alone: AED 860,988
Rent (median asking, 1 bed)AED 65,000Gross yield 8.8%
Bedrooms1 bed
Size654 sq ft
Floor5 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingBinghatti Gems by Binghatti Developers, handed over 2022
Registered sales of this unit3

Every registered sale of unit 503

DatePriceSizeAED/sq ftType
29 Aug 2023AED 655,000654 sq ft1,002Resale
18 Nov 2022AED 580,000654 sq ft887Resale
15 Dec 2021AED 530,000654 sq ft810Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
2035 Jun 2023AED 500,000654 sq ft765Resale
10311 May 2023AED 550,000784 sq ft702Resale
70327 Apr 2023AED 575,000654 sq ft879Resale
3032 Mar 2023AED 510,000654 sq ft780Resale
60330 Nov 2022AED 580,000654 sq ft887Resale
40323 Nov 2021AED 568,696654 sq ft870Off-plan
70317 Nov 2021AED 500,000654 sq ft765Off-plan
60317 Nov 2021AED 500,000654 sq ft765Off-plan

Latest 1 bed sales in Binghatti Gems

UnitDatePriceSizeAED/sq ftType
70128 Nov 2025AED 675,000663 sq ft1,018Resale
70128 Aug 2025AED 745,000663 sq ft1,124Resale
50112 Jun 2025AED 785,000663 sq ft1,184Resale
30718 Jul 2024AED 715,000879 sq ft813Resale
70931 May 2024AED 660,000646 sq ft1,022Resale
3079 Feb 2024AED 620,000879 sq ft705Resale
30731 Aug 2023AED 575,000879 sq ft654Resale
10720 Jul 2023AED 535,000973 sq ft550Resale

How we worked out the value

We took the 3 sales in Binghatti Gems in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 1,124). We multiplied it by the size of this unit (654 sq ft). The range uses the middle half of those sales (AED 1,071 to AED 1,154 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 860,988. Floor, view, condition and upgrades can move the price either way. Sales data to 2 Feb 2026, from the Dubai Land Department register.

Questions

What is unit 503 at Binghatti Gems worth?

About AED 735,000 (range AED 700,000 to AED 755,000), based on AED 1,124 per sq ft from registered sales up to 2 Feb 2026.

When did unit 503 last sell?

29 Aug 2023, for AED 655,000 (resale). It has 3 registered sales.

What rent can unit 503 make?

A 1 bed in Binghatti Gems rents for about AED 65,000 a year (median asking rent). That is a gross yield of 8.8% on the estimate.

Sales alert for Binghatti GemsAll sales in Binghatti Gems

Unit 502 · Unit 504