1-bed · 705 sqftBinghatti Canal, Business Bay · 5th floor · completed 2023

505, 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 May 2023, 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 505 · DLD and Ejari recordsUpdated 29 May 2023

Last soldAED 1.19M29 May 2023

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Today's valuefree after one verification

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Property timeline for 505, Binghatti Canal

Today

What is 505 worth today?

Last sold for AED 1,185,143 in 2023

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29 May 2023

29 May 2023Sold by developerOff-plan

AED 1,185,143AED 1,679 per sqft

Source: Dubai Land Department. Updated 29 May 2023.

Key facts

Type: 1-bed apartment
Size: 705 sqft
Floor: 5th of 21
Parking: P2-49
Developer: Binghatti
Completed: 2023
Service charge: AED 12,500 /yr
Last sold: AED 1.19M · May 2023
Building: Binghatti Canal

About 505, Binghatti Canal

505 is a one-bedroom apartment of 705 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 29 May 2023 for AED 1,185,143, or AED 1,679 per sqft, in line with the AED 1,678 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 505 over time

Sales

Unit 505, each saleTypical one-bed in Binghatti Canal

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

Rents

Unit 505, each contractTypical one-bed in Binghatti Canal

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Binghatti Canal, and where 505 sits

All 128 1-beds →

1-beds in Binghatti Canal · last 12 months2,116 /sqft Binghatti Canal · all types2,008 /sqft

505 last sold in May 2023 at AED 1,679 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,678). Over the last 12 months one-beds sold for AED 1,330,000 to 2,100,000, around AED 2,116 per sqft, and rent for AED 40,000 to 149,464 a year.

Recent 1-bed sales	Size	Price (AED)	Per sqft
2 Nov 20262 November 2026	702 sqft	1,350,000	1,921
14 Aug 202614 August 2026	704 sqft	1,330,000	1,890
11 Aug 202611 August 2026	707 sqft	1,500,000	2,120
3 Apr 20263 April 2026	707 sqft	2,100,000	2,969

8 1-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
502	2-bed	1,273 sqft	AED 1.8MAED 1,800,000 · Aug 2022August 2022
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
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

505, Binghatti Canal in numbers

Sold once: by Binghatti on 29 May 2023 for AED 1,185,143, or AED 1,679 per sqft.
One-beds in Binghatti Canal sold for AED 1,330,000–2,100,000 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 29 May 2023.

Questions about 505, Binghatti Canal

What did unit 505 last sell for?

AED 1,185,143 on 29 May 2023, sold by the developer: AED 1,679 per sqft for 705 sqft. It is the only registered sale of the unit.

How big is unit 505?

705 sqft (65.5 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2023.

What is unit 505 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Canal sold for AED 1,330,000 to 2,100,000 in the last 12 months, around AED 2,116 per sqft.

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Mortgage on 505, Binghatti Canal

Starts from the last sale price (AED 1.19M, 29 May 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,185,143
Deposit, UAE resident (20%): AED 237,029
Deposit, non-resident (40%): AED 474,057
Monthly over 25 years at 3.7%: AED 4,849

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