Studio · 447 sqftBinghatti Canal, Business Bay · 16th floor · completed 2023

1614, Binghatti Canal

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

Unit 1614 · DLD and Ejari recordsUpdated 26 August 2026
Last soldAED 831K31 October 2022
Current rentAED 34K /yr26 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1614, Binghatti Canal

What is 1614 worth today?

Last sold for AED 831,250 in 2022

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26 Aug 2026RentedNew contract
AED 34,000/yr12 months · AED 76 per sqft
1 Oct 2025RentedRenewal
AED 73,500/yr12 months · AED 165 per sqft
1 Oct 2024RentedRenewal
AED 70,000/yr12 months · AED 157 per sqft
31 Oct 2022Sold by developerOff-plan
AED 831,250AED 1,858 per sqft

Source: Dubai Land Department. Updated 26 August 2026.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
16th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 7,900 /yr
Last sold
AED 831K · October 2022

About 1614, Binghatti Canal

1614 is a studio of 447 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 31 October 2022 for AED 831,250, or AED 1,858 per sqft, 7% above the AED 1,734 studios in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 26 August 2026, is AED 34,000 a year: a gross yield of 4.1% on the 2022 price, before the service charge of about AED 7,900 a year.

Sales and rents for 1614 over time

Sales
Unit 1614, 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, October 2022: AED 831,250 (AED 1,858 per sqft)

1614 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1614, each contractTypical studio in Binghatti Canal
50K75K202320252027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194Renewal, October 2024: AED 70,000 a yearRenewal, October 2025: AED 73,500 a yearNew contract, August 2026: AED 34,000 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 1614 sits

All 86 studios →

1614 last sold in October 2022 at AED 1,858 per sqft, 7% above what studios in Binghatti Canal were fetching at the time (AED 1,734). 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. 1614's AED 34,000 is at the bottom 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 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

1614, Binghatti Canal in numbers

  • Sold once: by Binghatti on 31 October 2022 for AED 831,250, or AED 1,858 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 70,000 to AED 34,000 a year.
  • At AED 34,000 a year the gross yield on the 2022 price is 4.1%, before a service charge of about AED 7,900 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 26 August 2026.

Questions about 1614, Binghatti Canal

What did unit 1614 last sell for?

AED 831,250 on 31 October 2022, sold by the developer: AED 1,858 per sqft for 447 sqft. It is the only registered sale of the unit.

What is the rent for unit 1614?

AED 34,000 a year on the contract signed on 26 August 2026. The previous contract, from October 2025, was AED 73,500; the unit has been rented since October 2024.

How big is unit 1614?

447 sqft (41.5 sqm): a studio on the 16th floor of a 21-storey tower completed in 2023.

What is unit 1614 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 1614, Binghatti Canal

Starts from the last sale price (AED 831K, 31 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 831,250
Deposit, UAE resident (20%)
AED 166,250
Deposit, non-resident (40%)
AED 332,500
Monthly over 25 years at 3.7%
AED 3,401

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