Studio · 494 sqftBinghatti Canal, Business Bay · 15th floor · completed 2023

1507, Binghatti Canal

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

Unit 1507 · DLD and Ejari recordsUpdated 23 April 2026
Last soldAED 820K2 September 2022
Current rentAED 45K /yr23 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1507, Binghatti Canal

What is 1507 worth today?

Last sold for AED 820,000 in 2022

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23 Apr 2026RentedNew contract
AED 45,000/yr12 months · AED 92 per sqft
21 May 2025RentedNew contract
AED 85,000/yr12 months · AED 173 per sqft
21 May 2025RentedNew contract
AED 85,000/yr12 months · AED 173 per sqft
22 Nov 2024RentedNew contract
AED 85,000/yr12 months · AED 172 per sqft
2 Sep 2022Sold by developerOff-plan
AED 820,000AED 1,658 per sqft

Source: Dubai Land Department. Updated 23 April 2026.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
15th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 820K · September 2022

About 1507, Binghatti Canal

1507 is a studio of 494 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 2 September 2022 for AED 820,000, or AED 1,658 per sqft, 4% below the AED 1,731 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 23 April 2026, is AED 45,000 a year: a gross yield of 5.5% on the 2022 price, before the service charge of about AED 8,700 a year.

Sales and rents for 1507 over time

Sales
Unit 1507, 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, September 2022: AED 820,000 (AED 1,658 per sqft)

1507 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1507, each contractTypical studio in Binghatti Canal
40K60K80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194New contract, November 2024: AED 85,000 a yearNew contract, May 2025: AED 85,000 a yearNew contract, May 2025: AED 85,000 a yearNew contract, April 2026: AED 45,000 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 1507 sits

All 86 studios →

1507 last sold in September 2022 at AED 1,658 per sqft, 4% below what studios in Binghatti Canal were fetching at the time (AED 1,731). 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. 1507's AED 45,000 is in the lower 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
1501StudioAED 775K · Nov 2022
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
1508StudioAED 1.36M · Dec 2023
1–7 of 13

1507, Binghatti Canal in numbers

  • Sold once: by Binghatti on 2 September 2022 for AED 820,000, or AED 1,658 per sqft.
  • Rented since November 2024 on 4 Ejari contracts, from AED 85,000 to AED 45,000 a year.
  • At AED 45,000 a year the gross yield on the 2022 price is 5.5%, before a service charge of about AED 8,700 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 23 April 2026.

Questions about 1507, Binghatti Canal

What did unit 1507 last sell for?

AED 820,000 on 2 September 2022, sold by the developer: AED 1,658 per sqft for 494 sqft. It is the only registered sale of the unit.

What is the rent for unit 1507?

AED 45,000 a year on the contract signed on 23 April 2026. The previous contract, from May 2025, was AED 85,000; the unit has been rented since November 2024.

How big is unit 1507?

494 sqft (45.9 sqm): a studio on the 15th floor of a 21-storey tower completed in 2023.

What is unit 1507 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 1507, Binghatti Canal

Starts from the last sale price (AED 820K, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 820,000
Deposit, UAE resident (20%)
AED 164,000
Deposit, non-resident (40%)
AED 328,000
Monthly over 25 years at 3.7%
AED 3,355

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