Studio · 454 sqftBinghatti Canal, Business Bay · 15th floor · completed 2023

1501, Binghatti Canal

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1501 · DLD and Ejari recordsUpdated 1 October 2026
Last soldAED 775K1 November 2022
Current rentAED 65K /yr1 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1501, Binghatti Canal

What is 1501 worth today?

Last sold for AED 775,000 in 2022

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1 Oct 2026RentedNew contract
AED 65,181/yr12 months · AED 144 per sqft
1 Oct 2026RentedNew contract
AED 65,000/yr12 months · AED 144 per sqft
9 Oct 2024RentedRenewal
AED 70,000/yr12 months · AED 155 per sqft
9 Oct 2024RentedRenewal
AED 70,000/yr12 months · AED 155 per sqft
1 Nov 2022Sold by developerOff-plan
AED 775,000AED 1,706 per sqft

Source: Dubai Land Department. Updated 1 October 2026.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
15th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,000 /yr
Last sold
AED 775K · November 2022

About 1501, Binghatti Canal

1501 is a studio of 454 sqft on the 15th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 1 November 2022 for AED 775,000, or AED 1,706 per sqft, in line with the AED 1,728 studios in the building were fetching at the time.

It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 October 2026, is AED 65,181 a year: a gross yield of 8.4% on the 2022 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1501 over time

Sales
Unit 1501, each saleTypical studio in Binghatti Canal
800K1M20222023202420252026Typical sale price by year: 2022 AED 831,250; 2023 AED 950,000; 2024 AED 1,130,000; 2025 AED 980,000Sold by developer, November 2022: AED 775,000 (AED 1,706 per sqft)

1501 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1501, each contractTypical studio in Binghatti Canal
70K80K202320252027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194Renewal, October 2024: AED 70,000 a yearRenewal, October 2024: AED 70,000 a yearNew contract, October 2026: AED 65,181 a yearNew contract, October 2026: AED 65,000 a year

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 1501 sits

All 86 studios →

1501 last sold in November 2022 at AED 1,706 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,728). 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. 1501's AED 65,181 is in the upper half of that range.

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 15th floor

All 301 units in Binghatti Canal
Value
15022-bedAED 2.3M · Jun 2026
15031-bedAED 1.43M · Aug 2023
15041-bedAED 1.31M · Sep 2022
15051-bedAED 1.28M · Sep 2022
15062-bedAED 1.66M · Jul 2022
1507StudioAED 820K · Sep 2022
1508StudioAED 1.36M · Dec 2023
1–7 of 13

1501, Binghatti Canal in numbers

  • Sold once: by Binghatti on 1 November 2022 for AED 775,000, or AED 1,706 per sqft.
  • Rented since October 2024 on 4 Ejari contracts, from AED 70,000 to AED 65,181 a year.
  • At AED 65,181 a year the gross yield on the 2022 price is 8.4%, before a service charge of about AED 8,000 a year (AED 17.68 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 1 October 2026.

Questions about 1501, Binghatti Canal

What did unit 1501 last sell for?

AED 775,000 on 1 November 2022, sold by the developer: AED 1,706 per sqft for 454 sqft. It is the only registered sale of the unit.

What is the rent for unit 1501?

AED 65,181 a year on the contract signed on 1 October 2026. The previous contract, from October 2026, was AED 65,000; the unit has been rented since October 2024.

How big is unit 1501?

454 sqft (42.2 sqm): a studio on the 15th floor of a 21-storey tower completed in 2023.

What is unit 1501 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 1501, Binghatti Canal

Starts from the last sale price (AED 775K, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

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