1611, Binghatti Canal
Sold prices and rental history: sold twice, last in August 2024, and rented once, from September 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1611, Binghatti Canal
What is 1611 worth today?
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Source: Dubai Land Department. Updated 13 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 705 sqft
- Floor
- 16th of 21
- Parking
- P1-25
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.75M · August 2024
- Building
- Binghatti Canal
About 1611, Binghatti Canal
1611 is a one-bedroom apartment of 705 sqft on the 16th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 15 August 2024 for AED 1,750,000, or AED 2,484 per sqft, 14% above the AED 2,178 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 13 September 2025. The current contract, signed on 13 September 2025, is AED 120,000 a year: a gross yield of 6.9% on the 2024 price, before the service charge of about AED 12,500 a year.
Sales and rents for 1611 over time
1611 has sold twice; the dashed line is the one-bed median of each year in the building.
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 1611 sits
All 128 1-beds →1611 last sold in August 2024 at AED 2,484 per sqft, 14% above what one-beds in Binghatti Canal were fetching at the time (AED 2,178). 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. 1611's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 702 sqft | 1,350,000 | 1,921 | ||
| 14 Aug 202614 August 2026 | 704 sqft | 1,330,000 | 1,890 | ||
| 11 Aug 202611 August 2026 | 707 sqft | 1,500,000 | 2,120 | ||
| 3 Apr 20263 April 2026 | 707 sqft | 2,100,000 | 2,969 |
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 | |||||
|---|---|---|---|---|---|
| 1601 | Studio | 452 sqft | AED 900KAED 900,000 · Feb 2024February 2024 | ||
| 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 | |
| 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 |
1611, Binghatti Canal in numbers
- Sold twice: first on 3 November 2022 for AED 1,240,000, last on 15 August 2024 for AED 1,750,000 (AED 2,484 per sqft).
- Rented since September 2025 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 6.9%, before a service charge of about AED 12,500 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 13 September 2025.
Questions about 1611, Binghatti Canal
What did unit 1611 last sell for?
AED 1,750,000 on 15 August 2024: AED 2,484 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,240,000 in November 2022.
What is the rent for unit 1611?
AED 120,000 a year on the contract signed on 13 September 2025.
How big is unit 1611?
705 sqft (65.5 sqm): a one-bedroom apartment on the 16th floor of a 21-storey tower completed in 2023.
What is unit 1611 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 1611, Binghatti Canal
Starts from the last sale price (AED 1.75M, 15 August 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →