2-bed · 1,333 sqftBinghatti Canal, Business Bay · 15th floor · completed 2023

1509, Binghatti Canal

Sold prices and rental history: sold once, by the developer in July 2022, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1509 · DLD and Ejari recordsUpdated 7 September 2026
Last soldAED 1.66M7 July 2022
Current rentAED 165K /yr7 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1509, Binghatti Canal

What is 1509 worth today?

Last sold for AED 1,660,000 in 2022

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7 Sep 2026RentedRenewal
AED 165,445/yr12 months · AED 124 per sqft
7 Sep 2025RentedNew contract
AED 165,000/yr12 months · AED 124 per sqft
15 Aug 2024RentedNew contract
AED 171,276/yr12 months · AED 128 per sqft
25 Jul 2023RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
7 Jul 2022Sold by developerOff-plan
AED 1,660,000AED 1,245 per sqft

Source: Dubai Land Department. Updated 7 September 2026.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
15th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 23,600 /yr
Last sold
AED 1.66M · July 2022

About 1509, Binghatti Canal

1509 is a two-bedroom apartment of 1,333 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 7 July 2022 for AED 1,660,000, or AED 1,245 per sqft, 6% below the AED 1,325 two-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 7 September 2026, is AED 165,445 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 23,600 a year.

Sales and rents for 1509 over time

Sales
Unit 1509, each saleTypical two-bed in Binghatti Canal
2M2.5M202220242026Typical 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, July 2022: AED 1,660,000 (AED 1,245 per sqft)

1509 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1509, each contractTypical two-bed in Binghatti Canal
150K160K170K202320252027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431New contract, July 2023: AED 150,000 a yearNew contract, August 2024: AED 171,276 a yearNew contract, September 2025: AED 165,000 a yearRenewal, September 2026: AED 165,445 a year

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 1509 sits

All 87 2-beds →

1509 last sold in July 2022 at AED 1,245 per sqft, 6% below what two-beds in Binghatti Canal were fetching at the time (AED 1,325). 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. 1509's AED 165,445 is in the lower half of that range.

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 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
1507StudioAED 820K · Sep 2022
1–7 of 13

1509, Binghatti Canal in numbers

  • Sold once: by Binghatti on 7 July 2022 for AED 1,660,000, or AED 1,245 per sqft.
  • Rented since July 2023 on 4 Ejari contracts, from AED 150,000 to AED 165,445 a year.
  • At AED 165,445 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 23,600 a year (AED 17.68 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 7 September 2026.

Questions about 1509, Binghatti Canal

What did unit 1509 last sell for?

AED 1,660,000 on 7 July 2022, sold by the developer: AED 1,245 per sqft for 1,333 sqft. It is the only registered sale of the unit.

What is the rent for unit 1509?

AED 165,445 a year on the contract renewed on 7 September 2026. The previous contract, from September 2025, was AED 165,000; the unit has been rented since July 2023.

How big is unit 1509?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 15th floor of a 21-storey tower completed in 2023.

What is unit 1509 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 1509, Binghatti Canal

Starts from the last sale price (AED 1.66M, 7 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,660,000
Deposit, UAE resident (20%)
AED 332,000
Deposit, non-resident (40%)
AED 664,000
Monthly over 25 years at 3.7%
AED 6,792

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