Studio · 492 sqftBinghatti Canal, Business Bay · 14th floor · completed 2023

1407, Binghatti Canal

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

Unit 1407 · DLD and Ejari recordsUpdated 14 August 2025
Last soldAED 1.15M14 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1407, Binghatti Canal

What is 1407 worth today?

Last sold for AED 1,150,000 in 2025

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14 Aug 2025SoldReady
AED 1,150,000AED 2,338 per sqft
17 Aug 2022Sold by developerOff-plan
AED 896,074AED 1,812 per sqft

Source: Dubai Land Department. Updated 14 August 2025.

Key facts

Type
Studio apartment
Size
492 sqft
Floor
14th of 21
Parking
P3-47
Developer
Binghatti
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 1.15M · August 2025

About 1407, Binghatti Canal

1407 is a studio of 492 sqft on the 14th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 14 August 2025 for AED 1,150,000, or AED 2,338 per sqft, 6% above the AED 2,204 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1407 over time

Sales
Unit 1407, each saleTypical studio in Binghatti Canal
800K1M1.2M202220242026Typical sale price by year: 2022 AED 831,250; 2023 AED 950,000; 2024 AED 1,130,000; 2025 AED 980,000Sold by developer, August 2022: AED 896,074 (AED 1,812 per sqft)Sold, August 2025: AED 1,150,000 (AED 2,338 per sqft)

1407 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1407, each contractTypical studio in Binghatti Canal
75K80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194

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

Studios in Binghatti Canal, and where 1407 sits

All 86 studios →

1407 last sold in August 2025 at AED 2,338 per sqft, 6% above what studios in Binghatti Canal were fetching at the time (AED 2,204). Over the last 12 months studios sold for AED 980,000 to 1,350,000, around AED 2,178 per sqft, and rent for AED 34,000 to 95,000 a year.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026980,000
6 Mar 20261,350,000
11 Dec 2025980,000
3 Dec 20251,270,000
5 studio 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
14062-bedAED 2.7M · Apr 2025
1408StudioAED 866K · Jun 2022
1–7 of 13

1407, Binghatti Canal in numbers

  • Sold twice: first on 17 August 2022 for AED 896,074, last on 14 August 2025 for AED 1,150,000 (AED 2,338 per sqft).
  • Studios in Binghatti Canal sold for AED 980,000–1,350,000 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 14 August 2025.

Questions about 1407, Binghatti Canal

What did unit 1407 last sell for?

AED 1,150,000 on 14 August 2025: AED 2,338 per sqft for 492 sqft. The unit has 2 registered sales; the first was AED 896,074 in August 2022.

How big is unit 1407?

492 sqft (45.7 sqm): a studio on the 14th floor of a 21-storey tower completed in 2023.

What is unit 1407 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Canal sold for AED 980,000 to 1,350,000 in the last 12 months, around AED 2,178 per sqft.

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Mortgage on 1407, Binghatti Canal

Starts from the last sale price (AED 1.15M, 14 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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