1601, Binghatti Canal
Sold prices and rental history: sold twice, last in February 2024, 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 1601, Binghatti Canal
What is 1601 worth today?
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Source: Dubai Land Department. Updated 13 February 2024.
Key facts
- Type
- Studio apartment
- Size
- 452 sqft
- Floor
- 16th of 21
- Parking
- P3-70
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,000 /yr
- Last sold
- AED 900K · February 2024
- Building
- Binghatti Canal
About 1601, Binghatti Canal
1601 is a studio of 452 sqft on the 16th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 13 February 2024 for AED 900,000, or AED 1,989 per sqft, in line with the AED 1,989 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1601 over time
1601 has sold twice; 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 1601 sits
All 86 studios →1601 last sold in February 2024 at AED 1,989 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,989). 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 16th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1602 | 2-bed | 1,273 sqft | AED 2.04MAED 2,040,553 · Aug 2022August 2022 | 170,000 /yr | |
| 1603 | 1-bed | 703 sqft | AED 1.32MAED 1,317,000 · Aug 2022August 2022 | ||
| 1604 | 1-bed | 704 sqft | AED 1.31MAED 1,310,181 · Aug 2022August 2022 | 94,500 /yr | |
| 1605 | 1-bed | 707 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 120,000 /yr | |
| 1606 | 2-bed | 1,279 sqft | AED 1.67MAED 1,665,000 · Jun 2022June 2022 | 165,000 /yr | |
| 1607 | Studio | 494 sqft | AED 1.3MAED 1,300,000 · May 2023May 2023 | 70,000 /yr | |
| 1608 | Studio | 488 sqft | AED 928KAED 927,880 · Apr 2022April 2022 | 82,500 /yr | |
| 1609 | 2-bed | 1,284 sqft | AED 1.67MAED 1,665,000 · Jul 2022July 2022 | 165,000 /yr | |
| 1610 | 1-bed | 717 sqft | AED 1.27MAED 1,273,760 · Sep 2022September 2022 | 110,374 /yr | |
| 1611 | 1-bed | 705 sqft | AED 1.75MAED 1,750,000 · Aug 2024August 2024 | 120,000 /yr | |
| 1612 | 1-bed | 704 sqft | AED 1.26MAED 1,256,990 · Nov 2022November 2022 | ||
| 1613 | 2-bed | 1,323 sqft | AED 2.18MAED 2,180,000 · Mar 2024March 2024 | ||
| 1614 | Studio | 447 sqft | AED 831KAED 831,250 · Oct 2022October 2022 | 34,000 /yr |
1601, Binghatti Canal in numbers
- Sold twice: first on 5 September 2022 for AED 800,000, last on 13 February 2024 for AED 900,000 (AED 1,989 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 13 February 2024.
Questions about 1601, Binghatti Canal
What did unit 1601 last sell for?
AED 900,000 on 13 February 2024: AED 1,989 per sqft for 452 sqft. The unit has 2 registered sales; the first was AED 800,000 in September 2022.
How big is unit 1601?
452 sqft (42.0 sqm): a studio on the 16th floor of a 21-storey tower completed in 2023.
What is unit 1601 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.
Selling 1601? Put it on the OpenOffers board
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Mortgage on 1601, Binghatti Canal
Starts from the last sale price (AED 900K, 13 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →