1408, Binghatti Canal
Sold prices and rental history: sold once, by the developer in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1408, Binghatti Canal
What is 1408 worth today?
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Source: Dubai Land Department. Updated 22 June 2022.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 14th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,600 /yr
- Last sold
- AED 866K · June 2022
- Building
- Binghatti Canal
About 1408, Binghatti Canal
1408 is a studio of 488 sqft on the 14th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 22 June 2022 for AED 865,800, or AED 1,774 per sqft, in line with the AED 1,780 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1408 over time
1408 has sold once; the dashed line is the studio median of each year in the building.
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 1408 sits
All 86 studios →1408 last sold in June 2022 at AED 1,774 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,780). 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 sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 488 sqft | 980,000 | 2,008 | ||
| 6 Mar 20266 March 2026 | 488 sqft | 1,350,000 | 2,768 | ||
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 3 Dec 20253 December 2025 | 492 sqft | 1,270,000 | 2,582 |
Binghatti Canal
Building301 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%
Other units on the 14th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1401 | Studio | 454 sqft | AED 774KAED 774,000 · Nov 2022November 2022 | 73,500 /yr | |
| 1402 | 2-bed | 1,273 sqft | AED 1.84MAED 1,840,000 · Aug 2022August 2022 | ||
| 1403 | 1-bed | 703 sqft | AED 1.64MAED 1,640,000 · May 2024May 2024 | ||
| 1404 | 1-bed | 704 sqft | AED 999KAED 999,000 · Aug 2022August 2022 | 95,000 /yr | |
| 1405 | 1-bed | 707 sqft | AED 1.3MAED 1,299,000 · Aug 2022August 2022 | 110,000 /yr | |
| 1406 | 2-bed | 1,278 sqft | AED 2.7MAED 2,700,000 · Apr 2025April 2025 | ||
| 1407 | Studio | 492 sqft | AED 1.15MAED 1,150,000 · Aug 2025August 2025 | ||
| 1409 | 2-bed | 1,284 sqft | AED 2.35MAED 2,350,000 · Oct 2025October 2025 | ||
| 1410 | 1-bed | 717 sqft | AED 1.55MAED 1,550,000 · Feb 2026February 2026 | 104,000 /yr | |
| 1411 | 1-bed | 705 sqft | AED 1.18MAED 1,176,643 · Sep 2022September 2022 | 80,000 /yr | |
| 1412 | 1-bed | 704 sqft | AED 1.45MAED 1,450,000 · Feb 2026February 2026 | 90,000 /yr | |
| 1413 | 2-bed | 1,323 sqft | AED 1.86MAED 1,860,000 · Dec 2022December 2022 | ||
| 1414 | Studio | 447 sqft | AED 835KAED 835,000 · Sep 2023September 2023 | 65,000 /yr |
1408, Binghatti Canal in numbers
- Sold once: by Binghatti on 22 June 2022 for AED 865,800, or AED 1,774 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 22 June 2022.
Questions about 1408, Binghatti Canal
What did unit 1408 last sell for?
AED 865,800 on 22 June 2022, sold by the developer: AED 1,774 per sqft for 488 sqft. It is the only registered sale of the unit.
How big is unit 1408?
488 sqft (45.3 sqm): a studio on the 14th floor of a 21-storey tower completed in 2023.
What is unit 1408 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 1408, Binghatti Canal
Starts from the last sale price (AED 866K, 22 June 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 865,800
- Deposit, UAE resident (20%)
- AED 173,160
- Deposit, non-resident (40%)
- AED 346,320
- Monthly over 25 years at 3.7%
- AED 3,542
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →