701, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Binghatti Canal
What is 701 worth today?
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Source: Dubai Land Department. Updated 27 October 2026.
Key facts
- Type
- Studio apartment
- Size
- 452 sqft
- Floor
- 7th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,000 /yr
- Last sold
- AED 779K · August 2022
- Building
- Binghatti Canal
About 701, Binghatti Canal
701 is a studio of 452 sqft on the 7th 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 779,000, or AED 1,724 per sqft, in line with the AED 1,760 studios in the building were fetching at the time.
It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 27 October 2026, is AED 70,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 8,000 a year.
Sales and rents for 701 over time
701 has sold once; the dashed line is the studio median of each year in the building.
Annual rent on each registered contract; the dashed line is the studio median of each year in the building.
Studios in Binghatti Canal, and where 701 sits
All 86 studios →701 last sold in August 2022 at AED 1,724 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,760). Over the last 12 months studios sold for AED 980,000 to 1,350,000, around AED 2,178 per sqft, and rent for AED 34,000 to 95,000 a year. 701's AED 70,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 488 sqft | 980,000 | 2,008 | ||
| 6 Mar 20266 March 2026 | 488 sqft | 1,350,000 | 2,768 | ||
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 3 Dec 20253 December 2025 | 492 sqft | 1,270,000 | 2,582 |
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 7th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,273 sqft | AED 1.88MAED 1,883,000 · Sep 2022September 2022 | 170,000 /yr | |
| 703 | 1-bed | 702 sqft | AED 1.15MAED 1,150,000 · Sep 2022September 2022 | 120,000 /yr | |
| 704 | 1-bed | 704 sqft | AED 1.2MAED 1,200,000 · Sep 2022September 2022 | ||
| 705 | 1-bed | 705 sqft | AED 1.65MAED 1,650,000 · May 2024May 2024 | ||
| 706 | 2-bed | 1,278 sqft | AED 1.7MAED 1,700,000 · Jun 2023June 2023 | 155,000 /yr | |
| 707 | Studio | 494 sqft | AED 770KAED 770,000 · Dec 2022December 2022 | 94,500 /yr | |
| 708 | Studio | 489 sqft | AED 873KAED 872,880 · Apr 2022April 2022 | ||
| 709 | 2-bed | 1,283 sqft | AED 2.58MAED 2,575,000 · Apr 2026April 2026 | 140,000 /yr | |
| 710 | 1-bed | 717 sqft | AED 1.19MAED 1,189,760 · Sep 2022September 2022 | 110,000 /yr | |
| 711 | 1-bed | 704 sqft | AED 1.45MAED 1,450,000 · Oct 2025October 2025 | 95,000 /yr | |
| 712 | 1-bed | 703 sqft | AED 1.15MAED 1,150,000 · Nov 2022November 2022 | ||
| 713 | 2-bed | 1,323 sqft | AED 2.41MAED 2,408,310 · Aug 2026August 2026 | ||
| 714 | Studio | 451 sqft | AED 750KAED 750,000 · Sep 2022September 2022 | 75,000 /yr |
701, Binghatti Canal in numbers
- Sold once: by Binghatti on 30 August 2022 for AED 779,000, or AED 1,724 per sqft.
- Rented since December 2024 on 3 Ejari contracts, from AED 80,000 to AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 8,000 a year (AED 17.68 per sqft).
- Studios in Binghatti Canal sold for AED 980,000–1,350,000 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 27 October 2026.
Questions about 701, Binghatti Canal
What did unit 701 last sell for?
AED 779,000 on 30 August 2022, sold by the developer: AED 1,724 per sqft for 452 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 70,000 a year on the contract renewed on 27 October 2026. The previous contract, from October 2025, was AED 80,000; the unit has been rented since December 2024.
How big is unit 701?
452 sqft (42.0 sqm): a studio on the 7th floor of a 21-storey tower completed in 2023.
What is unit 701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Canal sold for AED 980,000 to 1,350,000 in the last 12 months, around AED 2,178 per sqft.
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Mortgage on 701, Binghatti Canal
Starts from the last sale price (AED 779K, 30 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 779,000
- Deposit, UAE resident (20%)
- AED 155,800
- Deposit, non-resident (40%)
- AED 311,600
- Monthly over 25 years at 3.7%
- AED 3,187
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →