407, Binghatti Canal
Sold prices and rental history: sold 3 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 407, Binghatti Canal
What is 407 worth today?
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Source: Dubai Land Department. Updated 7 June 2024.
Key facts
- Type
- Studio apartment
- Size
- 491 sqft
- Floor
- 4th of 21
- Parking
- P3-63
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,700 /yr
- Last sold
- AED 1.23M · June 2024
- Building
- Binghatti Canal
About 407, Binghatti Canal
407 is a studio of 491 sqft on the 4th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 7 June 2024 for AED 1,230,000, or AED 2,504 per sqft, 19% above the AED 2,111 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 407 over time
407 has sold 3 times; 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 407 sits
All 86 studios →407 last sold in June 2024 at AED 2,504 per sqft, 19% above what studios in Binghatti Canal were fetching at the time (AED 2,111). 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.
| 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 4th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 452 sqft | AED 760KAED 760,000 · Sep 2022September 2022 | 70,000 /yr | |
| 402 | 2-bed | 1,331 sqft | AED 2.25MAED 2,250,000 · Aug 2025August 2025 | ||
| 403 | 1-bed | 702 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 95,000 /yr | |
| 404 | 1-bed | 703 sqft | AED 1MAED 1,000,000 · Aug 2022August 2022 | ||
| 405 | 1-bed | 706 sqft | AED 1.05MAED 1,050,000 · Sep 2022September 2022 | 110,000 /yr | |
| 406 | 2-bed | 1,326 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 145,000 /yr | |
| 408 | Studio | 488 sqft | AED 1.34MAED 1,340,000 · Jul 2024July 2024 | 102,000 /yr | |
| 409 | 2-bed | 1,332 sqft | AED 1.74MAED 1,735,000 · Sep 2022September 2022 | 150,000 /yr | |
| 410 | 1-bed | 717 sqft | AED 1.08MAED 1,080,000 · Aug 2022August 2022 | ||
| 411 | 1-bed | 704 sqft | AED 1.5MAED 1,500,000 · Dec 2024December 2024 | ||
| 412 | 1-bed | 703 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | ||
| 413 | 2-bed | 1,378 sqft | AED 1.81MAED 1,809,226 · Mar 2023March 2023 | ||
| 414 | Studio | 450 sqft | AED 725KAED 725,000 · Aug 2022August 2022 |
407, Binghatti Canal in numbers
- Sold 3 times: first on 15 August 2022 for AED 826,120, last on 7 June 2024 for AED 1,230,000 (AED 2,504 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 7 June 2024.
Questions about 407, Binghatti Canal
What did unit 407 last sell for?
AED 1,230,000 on 7 June 2024: AED 2,504 per sqft for 491 sqft. The unit has 3 registered sales; the first was AED 826,120 in August 2022.
How big is unit 407?
491 sqft (45.6 sqm): a studio on the 4th floor of a 21-storey tower completed in 2023.
What is unit 407 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.
Selling 407? Put it on the OpenOffers board
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Mortgage on 407, Binghatti Canal
Starts from the last sale price (AED 1.23M, 7 June 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,230,000
- Deposit, UAE resident (20%)
- AED 246,000
- Deposit, non-resident (40%)
- AED 492,000
- Monthly over 25 years at 3.7%
- AED 5,032
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →