1706, Binghatti Canal
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1706, Binghatti Canal
What is 1706 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 23 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,327 sqft
- Floor
- 17th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 23,500 /yr
- Last sold
- AED 1M · September 2022
- Building
- Binghatti Canal
About 1706, Binghatti Canal
1706 is a two-bedroom apartment of 1,327 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 20 September 2022 for AED 1,000,000, or AED 753 per sqft, 44% below the AED 1,356 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 23 June 2025. The current contract, signed on 23 June 2025, is AED 168,000 a year: a gross yield of 16.8% on the 2022 price, before the service charge of about AED 23,500 a year.
Sales and rents for 1706 over time
1706 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 1706 sits
All 79 2-beds →1706 last sold in September 2022 at AED 753 per sqft, 44% below what two-beds in Binghatti Canal were fetching at the time (AED 1,356). 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. 1706's AED 168,000 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 | |
| 1702 | 2-bed | 1,331 sqft | AED 1.75MAED 1,750,000 · Aug 2022August 2022 | 160,000 /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 | ||
| 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 |
1706, Binghatti Canal in numbers
- Sold once: by Binghatti on 20 September 2022 for AED 1,000,000, or AED 753 per sqft.
- Rented since June 2025 on one Ejari contract, at AED 168,000 a year.
- At AED 168,000 a year the gross yield on the 2022 price is 16.8%, 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 23 June 2025.
Questions about 1706, Binghatti Canal
What did unit 1706 last sell for?
AED 1,000,000 on 20 September 2022, sold by the developer: AED 753 per sqft for 1,327 sqft. It is the only registered sale of the unit.
What is the rent for unit 1706?
AED 168,000 a year on the contract signed on 23 June 2025.
How big is unit 1706?
1,327 sqft (123.3 sqm): a two-bedroom apartment on the 17th floor of a 21-storey tower completed in 2023.
What is unit 1706 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 1706, Binghatti Canal
Starts from the last sale price (AED 1M, 20 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,000,000
- Deposit, UAE resident (20%)
- AED 200,000
- Deposit, non-resident (40%)
- AED 400,000
- Monthly over 25 years at 3.7%
- AED 4,091
Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →