1507, Binghatti Canal
Sold prices and rental history: sold once, by the developer in September 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 1507, Binghatti Canal
What is 1507 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 21 May 2025.
Key facts
- Type
- Studio apartment
- Size
- 494 sqft
- Floor
- 15th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,700 /yr
- Last sold
- AED 820K · September 2022
- Building
- Binghatti Canal
About 1507, Binghatti Canal
1507 is a studio of 494 sqft on the 15th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 2 September 2022 for AED 820,000, or AED 1,658 per sqft, 4% below the AED 1,728 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 21 May 2025, is AED 85,000 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 8,700 a year.
Sales and rents for 1507 over time
1507 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 1507 sits
All 82 studios →1507 last sold in September 2022 at AED 1,658 per sqft, 4% below what studios in Binghatti Canal were fetching at the time (AED 1,728). Over the last 12 months studios sold for AED 980,000 to 1,270,000, around AED 2,380 per sqft, and rent for AED 52,920 to 94,500 a year. 1507's AED 85,000 is in the upper half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 20 Mar 202520 March 2025 | 488 sqft | 1,315,000 | 2,695 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 960,000 | 2,149 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 970,000 | 2,170 |
Binghatti Canal
Building301 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2023 by Binghatti. 12 sold in the last 12 months.
- Typical price per sqft
- AED 1,993 Down 5.7%
- Typical sale
- AED 2.12M
- Typical rent
- AED 120K /yr
- Typical yield
- 8.1%
Other units on the 15th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1501 | Studio | 454 sqft | AED 775KAED 775,000 · Nov 2022November 2022 | 70,000 /yr | |
| 1502 | 2-bed | 1,331 sqft | AED 1.88MAED 1,875,000 · Jun 2022June 2022 | 175,000 /yr | |
| 1503 | 1-bed | 703 sqft | AED 1.43MAED 1,433,000 · Aug 2023August 2023 | ||
| 1504 | 1-bed | 704 sqft | AED 1.31MAED 1,312,000 · Sep 2022September 2022 | ||
| 1505 | 1-bed | 707 sqft | AED 1.28MAED 1,278,282 · Sep 2022September 2022 | ||
| 1506 | 2-bed | 1,327 sqft | AED 1.66MAED 1,660,000 · Jul 2022July 2022 | 175,000 /yr | |
| 1508 | Studio | 488 sqft | AED 1.36MAED 1,360,000 · Dec 2023December 2023 | ||
| 1509 | 2-bed | 1,333 sqft | AED 1.66MAED 1,660,000 · Jul 2022July 2022 | 165,000 /yr | |
| 1510 | 1-bed | 717 sqft | AED 1.25MAED 1,250,000 · Sep 2022September 2022 | 136,300 /yr | |
| 1511 | 1-bed | 705 sqft | AED 1.25MAED 1,248,572 · Nov 2022November 2022 | ||
| 1512 | 1-bed | 704 sqft | AED 1.24MAED 1,240,000 · Nov 2022November 2022 | 130,000 /yr | |
| 1513 | 2-bed | 1,378 sqft | AED 2.18MAED 2,180,000 · Jan 2026January 2026 | ||
| 1514 | Studio | 447 sqft | AED 970KAED 970,000 · Feb 2025February 2025 | 76,500 /yr |
1507, Binghatti Canal in numbers
- Sold once: by Binghatti on 2 September 2022 for AED 820,000, or AED 1,658 per sqft.
- Rented since November 2024 on 2 Ejari contracts, at AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 8,700 a year (AED 17.68 per sqft).
- Studios in Binghatti Canal sold for AED 980,000–1,270,000 in the 12 months to November 2026; the building's median across all types is AED 1,993 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 21 May 2025.
Questions about 1507, Binghatti Canal
What did unit 1507 last sell for?
AED 820,000 on 2 September 2022, sold by the developer: AED 1,658 per sqft for 494 sqft. It is the only registered sale of the unit.
What is the rent for unit 1507?
AED 85,000 a year on the contract signed on 21 May 2025. The previous contract, from November 2024, was AED 85,000.
How big is unit 1507?
494 sqft (45.9 sqm): a studio on the 15th floor of a 21-storey tower completed in 2023.
What is unit 1507 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 1,270,000 in the last 12 months, around AED 2,380 per sqft.
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Mortgage on 1507, Binghatti Canal
Starts from the last sale price (AED 820K, 2 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 820,000
- Deposit, UAE resident (20%)
- AED 164,000
- Deposit, non-resident (40%)
- AED 328,000
- Monthly over 25 years at 3.7%
- AED 3,355
Plus AED 39,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →