2-bed · 1,327 sqftBinghatti Canal, Business Bay · 17th floor · completed 2023

1706, Binghatti Canal

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1706 · DLD and Ejari recordsUpdated 23 June 2026
Last soldAED 1M20 September 2022
Current rentAED 168K /yr23 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1706, Binghatti Canal

What is 1706 worth today?

Last sold for AED 1,000,000 in 2022

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23 Jun 2026RentedRenewal
AED 168,000/yr12 months · AED 127 per sqft
23 Jun 2025RentedNew contract
AED 168,000/yr12 months · AED 127 per sqft
23 Jun 2025RentedNew contract
AED 168,000/yr12 months · AED 127 per sqft
20 Sep 2022Sold by developerOff-plan
AED 1,000,000AED 753 per sqft

Source: Dubai Land Department. Updated 23 June 2026.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
17th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 23,500 /yr
Last sold
AED 1M · September 2022

About 1706, Binghatti Canal

1706 is a two-bedroom apartment of 1,327 sqft on the 17th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 20 September 2022 for AED 1,000,000, or AED 753 per sqft, 44% below the AED 1,352 two-beds in the building were fetching at the time.

It has been rented since 2025 on 3 Ejari contracts. The current contract, renewed on 23 June 2026, is AED 168,000 a year: a gross yield of 16.8% on the 2022 price, before the service charge of about AED 23,500 a year.

Sales and rents for 1706 over time

Sales
Unit 1706, each saleTypical two-bed in Binghatti Canal
1M2M202220242026Typical 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, September 2022: AED 1,000,000 (AED 753 per sqft)

1706 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1706, each contractTypical two-bed in Binghatti Canal
160K165K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431New contract, June 2025: AED 168,000 a yearNew contract, June 2025: AED 168,000 a yearRenewal, June 2026: AED 168,000 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 1706 sits

All 87 2-beds →

1706 last sold in September 2022 at AED 753 per sqft, 44% below what two-beds in Binghatti Canal were fetching at the time (AED 1,352). 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. 1706's AED 168,000 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 17th floor

All 301 units in Binghatti Canal
Value
1701StudioAED 820K · Aug 2022
17022-bedAED 1.75M · Aug 2022
17031-bedAED 1.7M · May 2024
17041-bedAED 1.72M · Oct 2024
17051-bedAED 1.53M · Jan 2024
1707StudioAED 1.25M · Nov 2024
1708StudioAED 826K · Aug 2022
1–7 of 13

1706, Binghatti Canal in numbers

  • Sold once: by Binghatti on 20 September 2022 for AED 1,000,000, or AED 753 per sqft.
  • Rented since June 2025 on 3 Ejari contracts, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2022 price is 16.8%, before a service charge of about AED 23,500 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 23 June 2026.

Questions about 1706, Binghatti Canal

What did unit 1706 last sell for?

AED 1,000,000 on 20 September 2022, sold by the developer: AED 753 per sqft for 1,327 sqft. It is the only registered sale of the unit.

What is the rent for unit 1706?

AED 168,000 a year on the contract renewed on 23 June 2026. The previous contract, from June 2025, was AED 168,000; the unit has been rented since June 2025.

How big is unit 1706?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower completed in 2023.

What is unit 1706 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 1706, Binghatti Canal

Starts from the last sale price (AED 1M, 20 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

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