Studio · 489 sqftBinghatti Canal, Business Bay · 7th floor · completed 2023

708, Binghatti Canal

Sold prices and rental history: sold once, by the developer in April 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 28 April 2022
Last soldAED 873K28 April 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Binghatti Canal

What is 708 worth today?

Last sold for AED 872,880 in 2022

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28 Apr 2022Sold by developerOff-plan
AED 872,880AED 1,786 per sqft

Source: Dubai Land Department. Updated 28 April 2022.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
7th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,600 /yr
Last sold
AED 873K · April 2022

About 708, Binghatti Canal

708 is a studio of 489 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 28 April 2022 for AED 872,880, or AED 1,786 per sqft, 3% below the AED 1,844 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, 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, April 2022: AED 872,880 (AED 1,786 per sqft)

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

Rents
Unit 708, each contractTypical studio in Binghatti Canal
75K80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194

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 708 sits

All 86 studios →

708 last sold in April 2022 at AED 1,786 per sqft, 3% below what studios in Binghatti Canal were fetching at the time (AED 1,844). 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.

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
707StudioAED 770K · Dec 2022
1–7 of 13

708, Binghatti Canal in numbers

  • Sold once: by Binghatti on 28 April 2022 for AED 872,880, or AED 1,786 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 28 April 2022.

Questions about 708, Binghatti Canal

What did unit 708 last sell for?

AED 872,880 on 28 April 2022, sold by the developer: AED 1,786 per sqft for 489 sqft. It is the only registered sale of the unit.

How big is unit 708?

489 sqft (45.4 sqm): a studio on the 7th floor of a 21-storey tower completed in 2023.

What is unit 708 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 708, Binghatti Canal

Starts from the last sale price (AED 873K, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 872,880
Deposit, UAE resident (20%)
AED 174,576
Deposit, non-resident (40%)
AED 349,152
Monthly over 25 years at 3.7%
AED 3,571

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