1-bed · 706 sqftBinghatti Canal, Business Bay · 6th floor · completed 2023

605, Binghatti Canal

Sold prices and rental history: sold twice, last in September 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 605 · DLD and Ejari recordsUpdated 1 November 2025
Last soldAED 1.66M26 September 2023
Current rentAED 120K /yr1 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 605, Binghatti Canal

What is 605 worth today?

Last sold for AED 1,660,000 in 2023

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1 Nov 2025RentedNew contract
AED 120,000/yr12 months · AED 170 per sqft
15 Aug 2025RentedNew contract
AED 120,000/yr12 months · AED 170 per sqft
1 Nov 2024RentedNew contract
AED 63,000/yr12 months · AED 89 per sqft
26 Sep 2023SoldReady
AED 1,660,000AED 2,351 per sqft
20 Jul 2022Sold by developerOff-plan
AED 1,000,000AED 1,416 per sqft

Source: Dubai Land Department. Updated 1 November 2025.

Key facts

Type
1-bed apartment
Size
706 sqft
Floor
6th of 21
Parking
P3-11
Developer
Binghatti
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 1.66M · September 2023

About 605, Binghatti Canal

605 is a one-bedroom apartment of 706 sqft on the 6th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 26 September 2023 for AED 1,660,000, or AED 2,351 per sqft, 37% above the AED 1,713 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 1 November 2025, is AED 120,000 a year: a gross yield of 7.2% on the 2023 price, before the service charge of about AED 12,500 a year.

Sales and rents for 605 over time

Sales
Unit 605, each saleTypical one-bed in Binghatti Canal
1M1.5M202220242026Typical sale price by year: 2022 AED 1,196,000; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,500,000; 2026 AED 1,475,000Sold by developer, July 2022: AED 1,000,000 (AED 1,416 per sqft)Sold, September 2023: AED 1,660,000 (AED 2,351 per sqft)

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

Rents
Unit 605, each contractTypical one-bed in Binghatti Canal
100K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500New contract, November 2024: AED 63,000 a yearNew contract, August 2025: AED 120,000 a yearNew contract, November 2025: AED 120,000 a year

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 605 sits

All 128 1-beds →

605 last sold in September 2023 at AED 2,351 per sqft, 37% above what one-beds in Binghatti Canal were fetching at the time (AED 1,713). 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. 605's AED 120,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,350,000
14 Aug 20261,330,000
11 Aug 20261,500,000
3 Apr 20262,100,000
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 6th floor

All 301 units in Binghatti Canal
Value
601StudioAED 774K · Sep 2022
6022-bedAED 1.88M · Nov 2022
6031-bedAED 1.35M · Nov 2026
6041-bedAED 1.82M · Apr 2024
6062-bedAED 1.6M · Jul 2022
607StudioAED 850K · Aug 2022
608StudioAED 980K · Oct 2026
1–7 of 13

605, Binghatti Canal in numbers

  • Sold twice: first on 20 July 2022 for AED 1,000,000, last on 26 September 2023 for AED 1,660,000 (AED 2,351 per sqft).
  • Rented since November 2024 on 3 Ejari contracts, from AED 63,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 7.2%, before a service charge of about AED 12,500 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 1 November 2025.

Questions about 605, Binghatti Canal

What did unit 605 last sell for?

AED 1,660,000 on 26 September 2023: AED 2,351 per sqft for 706 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in July 2022.

What is the rent for unit 605?

AED 120,000 a year on the contract signed on 1 November 2025. The previous contract, from August 2025, was AED 120,000; the unit has been rented since November 2024.

How big is unit 605?

706 sqft (65.6 sqm): a one-bedroom apartment on the 6th floor of a 21-storey tower completed in 2023.

What is unit 605 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 605, Binghatti Canal

Starts from the last sale price (AED 1.66M, 26 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,660,000
Deposit, UAE resident (20%)
AED 332,000
Deposit, non-resident (40%)
AED 664,000
Monthly over 25 years at 3.7%
AED 6,792

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