2-bed · 1,331 sqftBinghatti Canal, Business Bay · 6th floor · completed 2023

602, Binghatti Canal

Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 13 August 2026
Last soldAED 1.88M1 November 2022
Current rentAED 150K /yr13 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Binghatti Canal

What is 602 worth today?

Last sold for AED 1,881,633 in 2022

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13 Aug 2026RentedNew contract
AED 150,000/yr12 months · AED 112 per sqft
19 Jul 2025RentedRenewal
AED 164,000/yr12 months · AED 123 per sqft
19 Jul 2025RentedRenewal
AED 164,000/yr12 months · AED 123 per sqft
19 Jan 2025RentedNew contract
AED 167,200/yr6 months · AED 126 per sqft
19 Jan 2025RentedNew contract
AED 167,200/yr6 months · AED 126 per sqft
1 Nov 2022Sold by developerOff-plan
AED 1,881,633AED 1,413 per sqft

Source: Dubai Land Department. Updated 13 August 2026.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
6th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 23,500 /yr
Last sold
AED 1.88M · November 2022

About 602, Binghatti Canal

602 is a two-bedroom apartment of 1,331 sqft on the 6th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 1 November 2022 for AED 1,881,633, or AED 1,413 per sqft, 5% above the AED 1,352 two-beds in the building were fetching at the time.

It has been rented continuously since 2025 on 5 Ejari contracts. The current contract, signed on 13 August 2026, is AED 150,000 a year: a gross yield of 8.0% on the 2022 price, before the service charge of about AED 23,500 a year.

Sales and rents for 602 over time

Sales
Unit 602, each saleTypical two-bed in Binghatti Canal
2M2.5M202220242026Typical sale price by year: 2022 AED 1,800,000; 2023 AED 1,850,000; 2024 AED 2,400,000; 2025 AED 2,350,000; 2026 AED 2,466,655Sold by developer, November 2022: AED 1,881,633 (AED 1,413 per sqft)

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

Rents
Unit 602, each contractTypical two-bed in Binghatti Canal
150K160K170K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431New contract, January 2025: AED 167,200 a yearNew contract, January 2025: AED 167,200 a yearRenewal, July 2025: AED 164,000 a yearRenewal, July 2025: AED 164,000 a yearNew contract, August 2026: AED 150,000 a year

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 602 sits

All 87 2-beds →

602 last sold in November 2022 at AED 1,413 per sqft, 5% above what two-beds in Binghatti Canal were fetching at the time (AED 1,352). 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. 602's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20263,200,000
4 Sep 20262,525,000
21 Aug 20262,408,310
18 Jun 20262,300,000
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 6th floor

All 301 units in Binghatti Canal
Value
601StudioAED 774K · Sep 2022
6031-bedAED 1.35M · Nov 2026
6041-bedAED 1.82M · Apr 2024
6051-bedAED 1.66M · Sep 2023
6062-bedAED 1.6M · Jul 2022
607StudioAED 850K · Aug 2022
608StudioAED 980K · Oct 2026
1–7 of 13

602, Binghatti Canal in numbers

  • Sold once: by Binghatti on 1 November 2022 for AED 1,881,633, or AED 1,413 per sqft.
  • Rented since January 2025 on 5 Ejari contracts, from AED 167,200 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 8.0%, before a service charge of about AED 23,500 a year (AED 17.68 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 13 August 2026.

Questions about 602, Binghatti Canal

What did unit 602 last sell for?

AED 1,881,633 on 1 November 2022, sold by the developer: AED 1,413 per sqft for 1,331 sqft. It is the only registered sale of the unit.

What is the rent for unit 602?

AED 150,000 a year on the contract signed on 13 August 2026. The previous contract, from July 2025, was AED 164,000; the unit has been rented since January 2025.

How big is unit 602?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 6th floor of a 21-storey tower completed in 2023.

What is unit 602 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 602, Binghatti Canal

Starts from the last sale price (AED 1.88M, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,881,633
Deposit, UAE resident (20%)
AED 376,327
Deposit, non-resident (40%)
AED 752,653
Monthly over 25 years at 3.7%
AED 7,698

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