1-bed · 717 sqftBinghatti Canal, Business Bay · 16th floor · completed 2023

1610, Binghatti Canal

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

Unit 1610 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 1.27M5 September 2022
Current rentAED 110K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1610, Binghatti Canal

What is 1610 worth today?

Last sold for AED 1,273,760 in 2022

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7 Jul 2025RentedRenewal
AED 110,374/yr9 months · AED 153 per sqft
7 Jul 2025RentedRenewal
AED 110,374/yr9 months · AED 153 per sqft
22 Oct 2024RentedRenewal
AED 110,118/yr8 months · AED 153 per sqft
5 Sep 2022Sold by developerOff-plan
AED 1,273,760AED 1,775 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
1-bed apartment
Size
717 sqft
Floor
16th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,700 /yr
Last sold
AED 1.27M · September 2022

About 1610, Binghatti Canal

1610 is a one-bedroom apartment of 717 sqft on the 16th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 5 September 2022 for AED 1,273,760, or AED 1,775 per sqft, 7% above the AED 1,664 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 7 July 2025, is AED 110,374 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 12,700 a year.

Sales and rents for 1610 over time

Sales
Unit 1610, each saleTypical one-bed in Binghatti Canal
1.2M1.4M202220242026Typical sale price by year: 2022 AED 1,196,000; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,500,000; 2026 AED 1,475,000Sold by developer, September 2022: AED 1,273,760 (AED 1,775 per sqft)

1610 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1610, each contractTypical one-bed in Binghatti Canal
90K100K110K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500Renewal, October 2024: AED 110,118 a yearRenewal, July 2025: AED 110,374 a yearRenewal, July 2025: AED 110,374 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Binghatti Canal, and where 1610 sits

All 128 1-beds →

1610 last sold in September 2022 at AED 1,775 per sqft, 7% above what one-beds in Binghatti Canal were fetching at the time (AED 1,664). Over the last 12 months one-beds sold for AED 1,330,000 to 2,100,000, around AED 2,116 per sqft, and rent for AED 40,000 to 149,464 a year. 1610's AED 110,374 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,350,000
14 Aug 20261,330,000
11 Aug 20261,500,000
3 Apr 20262,100,000
8 1-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 16th floor

All 301 units in Binghatti Canal
Value
1601StudioAED 900K · Feb 2024
16022-bedAED 2.04M · Aug 2022
16031-bedAED 1.32M · Aug 2022
16041-bedAED 1.31M · Aug 2022
16051-bedAED 1.1M · Aug 2022
16062-bedAED 1.67M · Jun 2022
1607StudioAED 1.3M · May 2023
1–7 of 13

1610, Binghatti Canal in numbers

  • Sold once: by Binghatti on 5 September 2022 for AED 1,273,760, or AED 1,775 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 110,118 to AED 110,374 a year.
  • At AED 110,374 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 12,700 a year (AED 17.68 per sqft).
  • One-beds in Binghatti Canal sold for AED 1,330,000–2,100,000 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 July 2025.

Questions about 1610, Binghatti Canal

What did unit 1610 last sell for?

AED 1,273,760 on 5 September 2022, sold by the developer: AED 1,775 per sqft for 717 sqft. It is the only registered sale of the unit.

What is the rent for unit 1610?

AED 110,374 a year on the contract renewed on 7 July 2025. The previous contract, from July 2025, was AED 110,374; the unit has been rented since October 2024.

How big is unit 1610?

717 sqft (66.6 sqm): a one-bedroom apartment on the 16th floor of a 21-storey tower completed in 2023.

What is unit 1610 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Canal sold for AED 1,330,000 to 2,100,000 in the last 12 months, around AED 2,116 per sqft.

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Mortgage on 1610, Binghatti Canal

Starts from the last sale price (AED 1.27M, 5 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,273,760
Deposit, UAE resident (20%)
AED 254,752
Deposit, non-resident (40%)
AED 509,504
Monthly over 25 years at 3.7%
AED 5,211

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