Studio · 494 sqftBinghatti Canal, Business Bay · 7th floor · completed 2023

707, Binghatti Canal

Sold prices and rental history: sold once, by the developer in December 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 707 · DLD and Ejari recordsUpdated 11 February 2026
Last soldAED 770K26 December 2022
Current rentAED 95K /yr11 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 707, Binghatti Canal

What is 707 worth today?

Last sold for AED 770,000 in 2022

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11 Feb 2026RentedNew contract
AED 94,500/yr12 months · AED 191 per sqft
16 Nov 2024RentedRenewal
AED 90,978/yr12 months · AED 188 per sqft
26 Dec 2022Sold by developerOff-plan
AED 770,000AED 1,559 per sqft

Source: Dubai Land Department. Updated 11 February 2026.

Key facts

Type
Studio apartment
Size
494 sqft
Floor
7th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 770K · December 2022

About 707, Binghatti Canal

707 is a studio of 494 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 26 December 2022 for AED 770,000, or AED 1,559 per sqft, 11% below the AED 1,752 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 11 February 2026, is AED 94,500 a year: a gross yield of 12.3% on the 2022 price, before the service charge of about AED 8,700 a year.

Sales and rents for 707 over time

Sales
Unit 707, each saleTypical studio in Binghatti Canal
800K1M20222023202420252026Typical sale price by year: 2022 AED 831,250; 2023 AED 950,000; 2024 AED 1,130,000; 2025 AED 980,000Sold by developer, December 2022: AED 770,000 (AED 1,559 per sqft)

707 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 707, each contractTypical studio in Binghatti Canal
80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194Renewal, November 2024: AED 90,978 a yearNew contract, February 2026: AED 94,500 a year

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 707 sits

All 86 studios →

707 last sold in December 2022 at AED 1,559 per sqft, 11% below what studios in Binghatti Canal were fetching at the time (AED 1,752). 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. 707's AED 94,500 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026980,000
6 Mar 20261,350,000
11 Dec 2025980,000
3 Dec 20251,270,000
5 studio 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 7th floor

All 301 units in Binghatti Canal
Value
701StudioAED 779K · Aug 2022
7022-bedAED 1.88M · Sep 2022
7031-bedAED 1.15M · Sep 2022
7041-bedAED 1.2M · Sep 2022
7051-bedAED 1.65M · May 2024
7062-bedAED 1.7M · Jun 2023
708StudioAED 873K · Apr 2022
1–7 of 13

707, Binghatti Canal in numbers

  • Sold once: by Binghatti on 26 December 2022 for AED 770,000, or AED 1,559 per sqft.
  • Rented since November 2024 on 2 Ejari contracts, from AED 90,978 to AED 94,500 a year.
  • At AED 94,500 a year the gross yield on the 2022 price is 12.3%, before a service charge of about AED 8,700 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 11 February 2026.

Questions about 707, Binghatti Canal

What did unit 707 last sell for?

AED 770,000 on 26 December 2022, sold by the developer: AED 1,559 per sqft for 494 sqft. It is the only registered sale of the unit.

What is the rent for unit 707?

AED 94,500 a year on the contract signed on 11 February 2026. The previous contract, from November 2024, was AED 90,978.

How big is unit 707?

494 sqft (45.9 sqm): a studio on the 7th floor of a 21-storey tower completed in 2023.

What is unit 707 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 707, Binghatti Canal

Starts from the last sale price (AED 770K, 26 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 770,000
Deposit, UAE resident (20%)
AED 154,000
Deposit, non-resident (40%)
AED 308,000
Monthly over 25 years at 3.7%
AED 3,150

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