1-bed · 707 sqftBinghatti Canal, Business Bay · 16th floor · completed 2023

1605, Binghatti Canal

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

Unit 1605 · DLD and Ejari recordsUpdated 30 August 2022

Last soldAED 1.1M30 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 1605, Binghatti Canal

Today

What is 1605 worth today?

Last sold for AED 1,100,000 in 2022

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30 Aug 2022

30 Aug 2022Sold by developerOff-plan

AED 1,100,000AED 1,556 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 30 August 2022.

Key facts

Type: 1-bed apartment
Size: 707 sqft
Floor: 16th of 21
Parking: 1
Developer: Binghatti
Completed: 2023
Service charge: AED 12,500 /yr
Last sold: AED 1.1M · August 2022
Building: Binghatti Canal

About 1605, Binghatti Canal

1605 is a one-bedroom apartment of 707 sqft on the 16th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 30 August 2022 for AED 1,100,000, or AED 1,556 per sqft, in line with the AED 1,591 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1605 over time

Sales

Unit 1605, each saleTypical one-bed in Binghatti Canal

1605 has sold once; the dashed line is the one-bed median of each year in the building.

Rents

Unit 1605, each contractTypical one-bed in Binghatti Canal

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 1605 sits

All 123 1-beds →

1-beds in Binghatti Canal · last 12 months2,112 /sqft Binghatti Canal · all types1,993 /sqft

1605 last sold in August 2022 at AED 1,556 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,591). Over the last 12 months one-beds sold for AED 1,450,000 to 1,740,000, around AED 2,112 per sqft, and rent for AED 104,000 to 145,000 a year.

Recent 1-bed sales	Size	Price (AED)	Per sqft
16 Feb 202616 February 2026	704 sqft	1,450,000	2,060
8 Dec 20258 December 2025	705 sqft	1,740,000	2,466
21 May 202521 May 2025	753 sqft	1,580,000	2,097
14 May 202514 May 2025	704 sqft	1,500,000	2,131

3 1-bed 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. 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%

Binghatti Canal, Business Bay: prices, sales and rents →

Other units on the 16th floor

All 301 units in Binghatti Canal


1601	Studio	452 sqft	AED 900KAED 900,000 · Feb 2024February 2024
1602	2-bed	1,273 sqft	AED 2.04MAED 2,040,553 · Aug 2022August 2022	170,000 /yr
1603	1-bed	703 sqft	AED 1.32MAED 1,317,000 · Aug 2022August 2022
1604	1-bed	704 sqft	AED 1.31MAED 1,310,181 · Aug 2022August 2022	94,500 /yr
1606	2-bed	1,279 sqft	AED 1.67MAED 1,665,000 · Jun 2022June 2022	165,000 /yr
1607	Studio	494 sqft	AED 1.3MAED 1,300,000 · May 2023May 2023	70,000 /yr
1608	Studio	488 sqft	AED 928KAED 927,880 · Apr 2022April 2022	82,500 /yr
1609	2-bed	1,284 sqft	AED 1.67MAED 1,665,000 · Jul 2022July 2022	165,000 /yr
1610	1-bed	717 sqft	AED 1.27MAED 1,273,760 · Sep 2022September 2022	110,374 /yr
1611	1-bed	705 sqft	AED 1.75MAED 1,750,000 · Aug 2024August 2024	120,000 /yr
1612	1-bed	704 sqft	AED 1.26MAED 1,256,990 · Nov 2022November 2022
1613	2-bed	1,323 sqft	AED 2.18MAED 2,180,000 · Mar 2024March 2024
1614	Studio	447 sqft	AED 831KAED 831,250 · Oct 2022October 2022	73,500 /yr

1–7 of 13

1605, Binghatti Canal in numbers

Sold once: by Binghatti on 30 August 2022 for AED 1,100,000, or AED 1,556 per sqft.
One-beds in Binghatti Canal sold for AED 1,450,000–1,740,000 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 30 August 2022.

Questions about 1605, Binghatti Canal

What did unit 1605 last sell for?

AED 1,100,000 on 30 August 2022, sold by the developer: AED 1,556 per sqft for 707 sqft. It is the only registered sale of the unit.

How big is unit 1605?

707 sqft (65.7 sqm): a one-bedroom apartment on the 16th floor of a 21-storey tower completed in 2023.

What is unit 1605 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 1,450,000 to 1,740,000 in the last 12 months, around AED 2,112 per sqft.

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Mortgage on 1605, Binghatti Canal

Starts from the last sale price (AED 1.1M, 30 August 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,100,000
Deposit, UAE resident (20%): AED 220,000
Deposit, non-resident (40%): AED 440,000
Monthly over 25 years at 3.7%: AED 4,500

Plus AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →