2-bed · 1,278 sqftBinghatti Canal, Business Bay · 14th floor · completed 2023

1406, Binghatti Canal

Sold prices and rental history: sold twice, last in April 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1406 · DLD and Ejari recordsUpdated 30 April 2025
Last soldAED 2.7M30 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1406, Binghatti Canal

What is 1406 worth today?

Last sold for AED 2,700,000 in 2025

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30 Apr 2025SoldReady
AED 2,700,000AED 2,112 per sqft
11 Aug 2022Sold by developerOff-plan
AED 1,600,000AED 1,251 per sqft

Source: Dubai Land Department. Updated 30 April 2025.

Key facts

Type
2-bed apartment
Size
1,278 sqft
Floor
14th of 21
Parking
P2-17
Developer
Binghatti
Completed
2023
Service charge
AED 22,600 /yr
Last sold
AED 2.7M · April 2025

About 1406, Binghatti Canal

1406 is a two-bedroom apartment of 1,278 sqft on the 14th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 30 April 2025 for AED 2,700,000, or AED 2,112 per sqft, 10% above the AED 1,925 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1406 over time

Sales
Unit 1406, each saleTypical two-bed in Binghatti Canal
1.5M2M2.5M202220242026Typical sale price by year: 2022 AED 1,800,000; 2023 AED 1,850,000; 2024 AED 2,400,000; 2025 AED 2,350,000; 2026 AED 2,466,655Sold by developer, August 2022: AED 1,600,000 (AED 1,251 per sqft)Sold, April 2025: AED 2,700,000 (AED 2,112 per sqft)

1406 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1406, each contractTypical two-bed in Binghatti Canal
160K165K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Binghatti Canal, and where 1406 sits

All 87 2-beds →

1406 last sold in April 2025 at AED 2,112 per sqft, 10% above what two-beds in Binghatti Canal were fetching at the time (AED 1,925). Over the last 12 months two-beds sold for AED 2,050,000 to 3,200,000, around AED 1,824 per sqft, and rent for AED 110,000 to 239,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20263,200,000
4 Sep 20262,525,000
21 Aug 20262,408,310
18 Jun 20262,300,000
14 2-bed sales in the last 12 months

Binghatti Canal

Building

301 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2023 by Binghatti. 27 sold in the last 12 months.

Typical price per sqft
AED 2,008 Down 4.6%
Typical sale
AED 2.1M
Typical rent
AED 100K /yr
Typical yield
7.2%
Binghatti Canal, Business Bay: prices, sales and rents →

Other units on the 14th floor

All 301 units in Binghatti Canal
Value
1401StudioAED 774K · Nov 2022
14022-bedAED 1.84M · Aug 2022
14031-bedAED 1.64M · May 2024
14041-bedAED 999K · Aug 2022
14051-bedAED 1.3M · Aug 2022
1407StudioAED 1.15M · Aug 2025
1408StudioAED 866K · Jun 2022
1–7 of 13

1406, Binghatti Canal in numbers

  • Sold twice: first on 11 August 2022 for AED 1,600,000, last on 30 April 2025 for AED 2,700,000 (AED 2,112 per sqft).
  • Two-beds in Binghatti Canal sold for AED 2,050,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,008 per sqft.

Source: Dubai Land Department. Updated 30 April 2025.

Questions about 1406, Binghatti Canal

What did unit 1406 last sell for?

AED 2,700,000 on 30 April 2025: AED 2,112 per sqft for 1,278 sqft. The unit has 2 registered sales; the first was AED 1,600,000 in August 2022.

How big is unit 1406?

1,278 sqft (118.7 sqm): a two-bedroom apartment on the 14th floor of a 21-storey tower completed in 2023.

What is unit 1406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Canal sold for AED 2,050,000 to 3,200,000 in the last 12 months, around AED 1,824 per sqft.

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Mortgage on 1406, Binghatti Canal

Starts from the last sale price (AED 2.7M, 30 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →