1508, Binghatti Canal
Sold prices and rental history: sold 3 times, last in December 2023, 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 1508, Binghatti Canal
What is 1508 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2023.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- 15th of 21
- Parking
- B-2
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,600 /yr
- Last sold
- AED 1.36M · December 2023
- Building
- Binghatti Canal
About 1508, Binghatti Canal
1508 is a studio of 488 sqft on the 15th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 12 December 2023 for AED 1,360,000, or AED 2,789 per sqft, 37% above the AED 2,035 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1508 over time
1508 has sold 3 times; 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 1508 sits
All 82 studios →1508 last sold in December 2023 at AED 2,789 per sqft, 37% above what studios in Binghatti Canal were fetching at the time (AED 2,035). 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.
| 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 | |
| 1507 | Studio | 494 sqft | AED 820KAED 820,000 · Sep 2022September 2022 | 85,000 /yr | |
| 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 |
1508, Binghatti Canal in numbers
- Sold 3 times: first on 22 June 2022 for AED 600,000, last on 12 December 2023 for AED 1,360,000 (AED 2,789 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 12 December 2023.
Questions about 1508, Binghatti Canal
What did unit 1508 last sell for?
AED 1,360,000 on 12 December 2023: AED 2,789 per sqft for 488 sqft. The unit has 3 registered sales; the first was AED 600,000 in June 2022.
How big is unit 1508?
488 sqft (45.3 sqm): a studio on the 15th floor of a 21-storey tower completed in 2023.
What is unit 1508 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 1508, Binghatti Canal
Starts from the last sale price (AED 1.36M, 12 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,360,000
- Deposit, UAE resident (20%)
- AED 272,000
- Deposit, non-resident (40%)
- AED 544,000
- Monthly over 25 years at 3.7%
- AED 5,564
Plus AED 62,130 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →