1708, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1708, Binghatti Canal
What is 1708 worth today?
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Source: Dubai Land Department. Updated 27 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 17th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,600 /yr
- Last sold
- AED 826K · August 2022
- Building
- Binghatti Canal
About 1708, Binghatti Canal
1708 is a studio of 488 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 15 August 2022 for AED 826,000, or AED 1,692 per sqft, in line with the AED 1,727 studios in the building were fetching at the time.
One Ejari contract is registered, from 27 October 2024. The current contract, renewed on 27 October 2024, is AED 85,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 8,600 a year.
Sales and rents for 1708 over time
1708 has sold once; 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 1708 sits
All 86 studios →1708 last sold in August 2022 at AED 1,692 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,727). 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. 1708's AED 85,000 is in the upper half of that range.
| 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 17th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 454 sqft | AED 820KAED 820,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1702 | 2-bed | 1,331 sqft | AED 1.75MAED 1,750,000 · Aug 2022August 2022 | 150,000 /yr | |
| 1703 | 1-bed | 703 sqft | AED 1.7MAED 1,700,000 · May 2024May 2024 | 100,000 /yr | |
| 1704 | 1-bed | 704 sqft | AED 1.72MAED 1,720,000 · Oct 2024October 2024 | ||
| 1705 | 1-bed | 707 sqft | AED 1.53MAED 1,530,000 · Jan 2024January 2024 | ||
| 1706 | 2-bed | 1,327 sqft | AED 1MAED 1,000,000 · Sep 2022September 2022 | 168,000 /yr | |
| 1707 | Studio | 492 sqft | AED 1.25MAED 1,250,000 · Nov 2024November 2024 | 80,000 /yr | |
| 1709 | 2-bed | 1,333 sqft | AED 1.65MAED 1,650,000 · Sep 2022September 2022 | ||
| 1710 | 1-bed | 717 sqft | AED 1.28MAED 1,280,000 · Aug 2022August 2022 | 110,000 /yr | |
| 1711 | 1-bed | 705 sqft | AED 1.27MAED 1,268,572 · Nov 2022November 2022 | ||
| 1712 | 1-bed | 704 sqft | AED 1.27MAED 1,266,888 · Nov 2022November 2022 | ||
| 1713 | 2-bed | 1,378 sqft | AED 2.25MAED 2,250,000 · Mar 2024March 2024 | 180,000 /yr | |
| 1714 | Studio | 448 sqft | AED 841KAED 840,750 · Aug 2022August 2022 |
1708, Binghatti Canal in numbers
- Sold once: by Binghatti on 15 August 2022 for AED 826,000, or AED 1,692 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 10.3%, before a service charge of about AED 8,600 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 27 October 2024.
Questions about 1708, Binghatti Canal
What did unit 1708 last sell for?
AED 826,000 on 15 August 2022, sold by the developer: AED 1,692 per sqft for 488 sqft. It is the only registered sale of the unit.
What is the rent for unit 1708?
AED 85,000 a year on the contract renewed on 27 October 2024.
How big is unit 1708?
488 sqft (45.3 sqm): a studio on the 17th floor of a 21-storey tower completed in 2023.
What is unit 1708 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 1708, Binghatti Canal
Starts from the last sale price (AED 826K, 15 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 826,000
- Deposit, UAE resident (20%)
- AED 165,200
- Deposit, non-resident (40%)
- AED 330,400
- Monthly over 25 years at 3.7%
- AED 3,379
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →