503, Binghatti Canal
Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 503, Binghatti Canal
What is 503 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 702 sqft
- Floor
- 5th of 21
- Parking
- P2-34
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,400 /yr
- Last sold
- AED 1.4M · July 2024
- Building
- Binghatti Canal
About 503, Binghatti Canal
503 is a one-bedroom apartment of 702 sqft on the 5th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 10 July 2024 for AED 1,400,000, or AED 1,993 per sqft, 8% below the AED 2,169 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 1 December 2025, is AED 120,000 a year: a gross yield of 8.6% on the 2024 price, before the service charge of about AED 12,400 a year.
Sales and rents for 503 over time
503 has sold 3 times; the dashed line is the one-bed median of each year in the building.
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 503 sits
All 123 1-beds →503 last sold in July 2024 at AED 1,993 per sqft, 8% below what one-beds in Binghatti Canal were fetching at the time (AED 2,169). 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. 503's AED 120,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 5th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 452 sqft | AED 980KAED 980,000 · Dec 2025December 2025 | ||
| 502 | 2-bed | 1,273 sqft | AED 1.8MAED 1,800,000 · Aug 2022August 2022 | ||
| 504 | 1-bed | 704 sqft | AED 1.19MAED 1,186,818 · Jun 2023June 2023 | ||
| 505 | 1-bed | 705 sqft | AED 1.19MAED 1,185,143 · May 2023May 2023 | ||
| 506 | 2-bed | 1,278 sqft | AED 2.6MAED 2,600,000 · Oct 2024October 2024 | ||
| 507 | Studio | 494 sqft | AED 796KAED 796,000 · Sep 2022September 2022 | ||
| 508 | Studio | 489 sqft | AED 830KAED 830,000 · Jun 2022June 2022 | ||
| 509 | 2-bed | 1,284 sqft | AED 1.75MAED 1,750,000 · Aug 2022August 2022 | ||
| 510 | 1-bed | 717 sqft | AED 1.05MAED 1,050,000 · Sep 2022September 2022 | 150,000 /yr | |
| 511 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Sep 2022September 2022 | ||
| 512 | 1-bed | 703 sqft | AED 1.13MAED 1,130,000 · Oct 2022October 2022 | 90,000 /yr | |
| 513 | 2-bed | 1,323 sqft | AED 1.6MAED 1,600,000 · Nov 2022November 2022 | 160,000 /yr | |
| 514 | Studio | 450 sqft | AED 940KAED 940,000 · Feb 2024February 2024 | 40,000 /yr |
503, Binghatti Canal in numbers
- Sold 3 times: first on 2 September 2022 for AED 1,150,000, last on 10 July 2024 for AED 1,400,000 (AED 1,993 per sqft).
- Rented since September 2024 on 2 Ejari contracts, from AED 110,000 to AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2024 price is 8.6%, before a service charge of about AED 12,400 a year (AED 17.68 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 1 December 2025.
Questions about 503, Binghatti Canal
What did unit 503 last sell for?
AED 1,400,000 on 10 July 2024: AED 1,993 per sqft for 702 sqft. The unit has 3 registered sales; the first was AED 1,150,000 in September 2022.
What is the rent for unit 503?
AED 120,000 a year on the contract signed on 1 December 2025. The previous contract, from September 2024, was AED 110,000.
How big is unit 503?
702 sqft (65.2 sqm): a one-bedroom apartment on the 5th floor of a 21-storey tower completed in 2023.
What is unit 503 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.
Selling 503? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 503, Binghatti Canal
Starts from the last sale price (AED 1.4M, 10 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →