705, Binghatti Canal
Sold prices and rental history: sold twice, last in May 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 705, Binghatti Canal
What is 705 worth today?
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Source: Dubai Land Department. Updated 28 May 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 705 sqft
- Floor
- 7th of 21
- Parking
- P2-53
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.65M · May 2024
- Building
- Binghatti Canal
About 705, Binghatti Canal
705 is a one-bedroom apartment of 705 sqft on the 7th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 28 May 2024 for AED 1,650,000, or AED 2,338 per sqft, 10% above the AED 2,123 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 705 over time
705 has sold twice; 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 705 sits
All 128 1-beds →705 last sold in May 2024 at AED 2,338 per sqft, 10% above what one-beds in Binghatti Canal were fetching at the time (AED 2,123). 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 | 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 7th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | Studio | 452 sqft | AED 779KAED 779,000 · Aug 2022August 2022 | 70,000 /yr | |
| 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 | ||
| 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 |
705, Binghatti Canal in numbers
- Sold twice: first on 14 September 2022 for AED 1,180,000, last on 28 May 2024 for AED 1,650,000 (AED 2,338 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 28 May 2024.
Questions about 705, Binghatti Canal
What did unit 705 last sell for?
AED 1,650,000 on 28 May 2024: AED 2,338 per sqft for 705 sqft. The unit has 2 registered sales; the first was AED 1,180,000 in September 2022.
How big is unit 705?
705 sqft (65.5 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2023.
What is unit 705 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 705, Binghatti Canal
Starts from the last sale price (AED 1.65M, 28 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,650,000
- Deposit, UAE resident (20%)
- AED 330,000
- Deposit, non-resident (40%)
- AED 660,000
- Monthly over 25 years at 3.7%
- AED 6,751
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →