Studio · 492 sqftBinghatti Canal, Business Bay · 17th floor · completed 2023

1707, Binghatti Canal

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1707 · DLD and Ejari recordsUpdated 15 November 2024
Last soldAED 1.25M15 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1707, Binghatti Canal

What is 1707 worth today?

Last sold for AED 1,250,000 in 2024

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15 Nov 2024SoldReady
AED 1,250,000AED 2,541 per sqft
15 Aug 2022Sold by developerOff-plan
AED 949,050AED 1,919 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 November 2024.

Key facts

Type
Studio apartment
Size
492 sqft
Floor
17th of 21
Parking
P3-38
Developer
Binghatti
Completed
2023
Service charge
AED 8,700 /yr
Last sold
AED 1.25M · November 2024

About 1707, Binghatti Canal

1707 is a studio of 492 sqft on the 17th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 15 November 2024 for AED 1,250,000, or AED 2,541 per sqft, 11% above the AED 2,287 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1707 over time

Sales
Unit 1707, each saleTypical studio in Binghatti Canal
800K1M1.2M20222023202420252026Typical sale price by year: 2022 AED 830,000; 2023 AED 950,000; 2024 AED 1,075,000; 2025 AED 970,000Sold by developer, August 2022: AED 949,050 (AED 1,919 per sqft)Sold, November 2024: AED 1,250,000 (AED 2,541 per sqft)

1707 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1707, each contractTypical studio in Binghatti Canal
80K90K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 88,000

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 1707 sits

All 82 studios →

1707 last sold in November 2024 at AED 2,541 per sqft, 11% above what studios in Binghatti Canal were fetching at the time (AED 2,287). 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 salesUnit no.Price (AED)Summary
11 Dec 2025980,000
20 Mar 20251,315,000
13 Feb 2025960,000
13 Feb 2025970,000
2 studio 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 17th floor

All 301 units in Binghatti Canal
Value
1701StudioAED 820K · Aug 2022
17022-bedAED 1.75M · Aug 2022
17031-bedAED 1.7M · May 2024
17041-bedAED 1.72M · Oct 2024
17051-bedAED 1.53M · Jan 2024
17062-bedAED 1M · Sep 2022
1708StudioAED 826K · Aug 2022
1–7 of 13

1707, Binghatti Canal in numbers

  • Sold twice: first on 15 August 2022 for AED 949,050, last on 15 November 2024 for AED 1,250,000 (AED 2,541 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 15 November 2024.

Questions about 1707, Binghatti Canal

What did unit 1707 last sell for?

AED 1,250,000 on 15 November 2024: AED 2,541 per sqft for 492 sqft. The unit has 2 registered sales; the first was AED 949,050 in August 2022.

How big is unit 1707?

492 sqft (45.7 sqm): a studio on the 17th floor of a 21-storey tower completed in 2023.

What is unit 1707 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 1707, Binghatti Canal

Starts from the last sale price (AED 1.25M, 15 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

Plus AED 57,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →