512, Binghatti Canal
Sold prices and rental history: sold once, by the developer in October 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 512, Binghatti Canal
What is 512 worth today?
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Source: Dubai Land Department. Updated 9 October 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 703 sqft
- Floor
- 5th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,400 /yr
- Last sold
- AED 1.13M · October 2022
- Building
- Binghatti Canal
About 512, Binghatti Canal
512 is a one-bedroom apartment of 703 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 31 October 2022 for AED 1,130,000, or AED 1,607 per sqft, in line with the AED 1,637 one-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 9 October 2025, is AED 90,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 12,400 a year.
Sales and rents for 512 over time
512 has sold once; the dashed line is the one-bed median of each year in the building.
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 512 sits
All 128 1-beds →512 last sold in October 2022 at AED 1,607 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,637). 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. 512's AED 90,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 5th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | ||
| 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 | ||
| 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 |
512, Binghatti Canal in numbers
- Sold once: by Binghatti on 31 October 2022 for AED 1,130,000, or AED 1,607 per sqft.
- Rented since October 2025 on 2 Ejari contracts, at AED 90,000 a year.
- At AED 90,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 12,400 a year (AED 17.68 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 9 October 2025.
Questions about 512, Binghatti Canal
What did unit 512 last sell for?
AED 1,130,000 on 31 October 2022, sold by the developer: AED 1,607 per sqft for 703 sqft. It is the only registered sale of the unit.
What is the rent for unit 512?
AED 90,000 a year on the contract signed on 9 October 2025. The previous contract, from October 2025, was AED 90,000.
How big is unit 512?
703 sqft (65.3 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2023.
What is unit 512 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 512, Binghatti Canal
Starts from the last sale price (AED 1.13M, 31 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,130,000
- Deposit, UAE resident (20%)
- AED 226,000
- Deposit, non-resident (40%)
- AED 452,000
- Monthly over 25 years at 3.7%
- AED 4,623
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →