1702, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1702, Binghatti Canal
What is 1702 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 October 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 17th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 23,500 /yr
- Last sold
- AED 1.75M · August 2022
- Building
- Binghatti Canal
About 1702, Binghatti Canal
1702 is a two-bedroom apartment of 1,331 sqft on the 17th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 16 August 2022 for AED 1,750,000, or AED 1,314 per sqft, in line with the AED 1,327 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 25 October 2024. The current contract, renewed on 25 October 2024, is AED 160,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 23,500 a year.
Sales and rents for 1702 over time
1702 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Binghatti Canal, and where 1702 sits
All 79 2-beds →1702 last sold in August 2022 at AED 1,314 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,327). Over the last 12 months two-beds sold for AED 2,050,000 to 2,600,000, around AED 1,743 per sqft, and rent for AED 140,000 to 200,000 a year. 1702's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,283 sqft | 2,600,000 | 2,025 | ||
| 22 Jan 202622 January 2026 | 1,273 sqft | 2,220,000 | 1,743 | ||
| 12 Jan 202612 January 2026 | 1,323 sqft | 2,050,000 | 1,549 | ||
| 2 Jan 20262 January 2026 | 1,378 sqft | 2,180,000 | 1,582 |
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 17th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | Studio | 454 sqft | AED 820KAED 820,000 · Aug 2022August 2022 | 70,000 /yr | |
| 1703 | 1-bed | 703 sqft | AED 1.7MAED 1,700,000 · May 2024May 2024 | ||
| 1704 | 1-bed | 704 sqft | AED 1.72MAED 1,720,000 · Oct 2024October 2024 | ||
| 1705 | 1-bed | 707 sqft | AED 1.53MAED 1,530,000 · Jan 2024January 2024 | ||
| 1706 | 2-bed | 1,327 sqft | AED 1MAED 1,000,000 · Sep 2022September 2022 | 168,000 /yr | |
| 1707 | Studio | 492 sqft | AED 1.25MAED 1,250,000 · Nov 2024November 2024 | ||
| 1708 | Studio | 488 sqft | AED 826KAED 826,000 · Aug 2022August 2022 | 85,000 /yr | |
| 1709 | 2-bed | 1,333 sqft | AED 1.65MAED 1,650,000 · Sep 2022September 2022 | ||
| 1710 | 1-bed | 717 sqft | AED 1.28MAED 1,280,000 · Aug 2022August 2022 | ||
| 1711 | 1-bed | 705 sqft | AED 1.27MAED 1,268,572 · Nov 2022November 2022 | ||
| 1712 | 1-bed | 704 sqft | AED 1.27MAED 1,266,888 · Nov 2022November 2022 | ||
| 1713 | 2-bed | 1,378 sqft | AED 2.25MAED 2,250,000 · Mar 2024March 2024 | 180,000 /yr | |
| 1714 | Studio | 448 sqft | AED 841KAED 840,750 · Aug 2022August 2022 |
1702, Binghatti Canal in numbers
- Sold once: by Binghatti on 16 August 2022 for AED 1,750,000, or AED 1,314 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2022 price is 9.1%, before a service charge of about AED 23,500 a year (AED 17.68 per sqft).
- Two-beds in Binghatti Canal sold for AED 2,050,000–2,600,000 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 25 October 2024.
Questions about 1702, Binghatti Canal
What did unit 1702 last sell for?
AED 1,750,000 on 16 August 2022, sold by the developer: AED 1,314 per sqft for 1,331 sqft. It is the only registered sale of the unit.
What is the rent for unit 1702?
AED 160,000 a year on the contract renewed on 25 October 2024.
How big is unit 1702?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower completed in 2023.
What is unit 1702 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Canal sold for AED 2,050,000 to 2,600,000 in the last 12 months, around AED 1,743 per sqft.
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Mortgage on 1702, Binghatti Canal
Starts from the last sale price (AED 1.75M, 16 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →