2-bed · 1,273 sqftBinghatti Canal, Business Bay · 5th floor · completed 2023

502, Binghatti Canal

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 502 · DLD and Ejari recordsUpdated 30 August 2022

Last soldAED 1.8M30 August 2022

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Today's valuefree after one verification

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Property timeline for 502, Binghatti Canal

Today

What is 502 worth today?

Last sold for AED 1,800,000 in 2022

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30 Aug 2022

30 Aug 2022Sold by developerOff-plan

AED 1,800,000AED 1,414 per sqft

Source: Dubai Land Department. Updated 30 August 2022.

Key facts

Type: 2-bed apartment
Size: 1,273 sqft
Floor: 5th of 21
Parking: 1
Developer: Binghatti
Completed: 2023
Service charge: AED 22,500 /yr
Last sold: AED 1.8M · August 2022
Building: Binghatti Canal

About 502, Binghatti Canal

502 is a two-bedroom apartment of 1,273 sqft on the 5th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 30 August 2022 for AED 1,800,000, or AED 1,414 per sqft, 7% above the AED 1,327 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 502 over time

Sales

Unit 502, each saleTypical two-bed in Binghatti Canal

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

Rents

Unit 502, each contractTypical two-bed in Binghatti Canal

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 502 sits

All 87 2-beds →

2-beds in Binghatti Canal · last 12 months1,824 /sqft Binghatti Canal · all types2,008 /sqft

502 last sold in August 2022 at AED 1,414 per sqft, 7% above what two-beds in Binghatti Canal were fetching at the time (AED 1,327). 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
27 Oct 202627 October 2026	2,068 sqft	3,200,000	1,547
4 Sep 20264 September 2026	1,278 sqft	2,525,000	1,975
21 Aug 202621 August 2026	1,323 sqft	2,408,310	1,819
18 Jun 202618 June 2026	1,332 sqft	2,300,000	1,726

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 5th floor

All 301 units in Binghatti Canal


501	Studio	450 sqft	AED 980KAED 980,000 · Dec 2025December 2025	80,000 /yr
503	1-bed	702 sqft	AED 1.4MAED 1,400,000 · Jul 2024July 2024	120,000 /yr
504	1-bed	704 sqft	AED 1.19MAED 1,186,818 · Jun 2023June 2023
505	1-bed	705 sqft	AED 1.19MAED 1,185,143 · May 2023May 2023
506	2-bed	1,278 sqft	AED 2.6MAED 2,600,000 · Oct 2024October 2024
507	Studio	494 sqft	AED 796KAED 796,000 · Sep 2022September 2022
508	Studio	489 sqft	AED 830KAED 830,000 · Jun 2022June 2022
509	2-bed	1,284 sqft	AED 1.75MAED 1,750,000 · Aug 2022August 2022
510	1-bed	717 sqft	AED 1.05MAED 1,050,000 · Sep 2022September 2022	150,000 /yr
511	1-bed	704 sqft	AED 1.1MAED 1,100,000 · Sep 2022September 2022
512	1-bed	703 sqft	AED 1.13MAED 1,130,000 · Oct 2022October 2022	90,000 /yr
513	2-bed	1,323 sqft	AED 1.6MAED 1,600,000 · Nov 2022November 2022	160,000 /yr
514	Studio	450 sqft	AED 940KAED 940,000 · Feb 2024February 2024	95,000 /yr

1–7 of 13

502, Binghatti Canal in numbers

Sold once: by Binghatti on 30 August 2022 for AED 1,800,000, or AED 1,414 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 30 August 2022.

Questions about 502, Binghatti Canal

What did unit 502 last sell for?

AED 1,800,000 on 30 August 2022, sold by the developer: AED 1,414 per sqft for 1,273 sqft. It is the only registered sale of the unit.

How big is unit 502?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2023.

What is unit 502 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 502, Binghatti Canal

Starts from the last sale price (AED 1.8M, 30 August 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,800,000
Deposit, UAE resident (20%): AED 360,000
Deposit, non-resident (40%): AED 720,000
Monthly over 25 years at 3.7%: AED 7,364

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