Unit 705, Binghatti Gems: what it sold for and what it is worth now

Unit 705 at Binghatti Gems is a 1 bed of 653 sq ft. It last sold for AED 560,000 on 1 May 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 734,000 today.

Value todayAED 734,000AED 699,000 to AED 753,000
Last saleAED 560,0001 May 2023 · Resale
Change since last sale+31.1%Building trend alone: AED 737,740
Rent (median asking, 1 bed)AED 65,000Gross yield 8.9%
Bedrooms1 bed
Size653 sq ft
Floor7 (from the unit number)
Position in the towerStack 05: units ending 05 share the same layout and view
BuildingBinghatti Gems by Binghatti Developers, handed over 2022
Registered sales of this unit2

Every registered sale of unit 705

DatePriceSizeAED/sq ftType
1 May 2023AED 560,000653 sq ft858Resale
17 Nov 2021AED 500,000653 sq ft766Off-plan

Units ending 05 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60512 Jul 2023AED 545,000653 sq ft835Resale
10511 May 2023AED 550,000859 sq ft640Resale
20519 Apr 2023AED 525,000653 sq ft804Resale
4052 Mar 2023AED 560,000653 sq ft858Resale
3052 Mar 2023AED 550,000653 sq ft842Resale
50524 Nov 2022AED 550,000653 sq ft842Resale
4055 Dec 2021AED 559,699653 sq ft857Off-plan
50517 Nov 2021AED 500,000653 sq ft766Off-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
50329 Aug 2023AED 655,000654 sq ft1,002Resale

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 (653 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 737,740. 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 705 at Binghatti Gems worth?

About AED 734,000 (range AED 699,000 to AED 753,000), based on AED 1,124 per sq ft from registered sales up to 2 Feb 2026.

When did unit 705 last sell?

1 May 2023, for AED 560,000 (resale). It has 2 registered sales.

What rent can unit 705 make?

A 1 bed in Binghatti Gems rents for about AED 65,000 a year (median asking rent). That is a gross yield of 8.9% on the estimate.

Sales alert for Binghatti GemsAll sales in Binghatti Gems

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