2-bed · 1,284 sqftBinghatti Canal, Business Bay · 5th floor · completed 2023

509, 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 509 · DLD and Ejari recordsUpdated 17 August 2022

Last soldAED 1.75M17 August 2022

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Today's valuefree after one verification

Property timeline for 509, Binghatti Canal

Today

What is 509 worth today?

Last sold for AED 1,750,000 in 2022

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17 Aug 2022

17 Aug 2022Sold by developerOff-plan

AED 1,750,000AED 1,362 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 August 2022.

Key facts

Type: 2-bed apartment
Size: 1,284 sqft
Floor: 5th of 21
Parking: 1
Developer: Binghatti
Completed: 2023
Service charge: AED 22,700 /yr
Last sold: AED 1.75M · August 2022
Building: Binghatti Canal

About 509, Binghatti Canal

509 is a two-bedroom apartment of 1,284 sqft on the 5th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 17 August 2022 for AED 1,750,000, or AED 1,362 per sqft, in line with the AED 1,339 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 509 over time

Sales

Unit 509, each saleTypical two-bed in Binghatti Canal

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

Rents

Unit 509, each contractTypical two-bed in Binghatti Canal

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 509 sits

All 79 2-beds →

2-beds in Binghatti Canal · last 12 months1,743 /sqft Binghatti Canal · all types1,993 /sqft

509 last sold in August 2022 at AED 1,362 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,339). 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.

Recent 2-bed sales	Size	Price (AED)	Per sqft
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

7 2-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 5th floor

All 301 units in Binghatti Canal


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
503	1-bed	702 sqft	AED 1.4MAED 1,400,000 · Jul 2024July 2024	120,000 /yr
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
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

1–7 of 13

509, Binghatti Canal in numbers

Sold once: by Binghatti on 17 August 2022 for AED 1,750,000, or AED 1,362 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 17 August 2022.

Questions about 509, Binghatti Canal

What did unit 509 last sell for?

AED 1,750,000 on 17 August 2022, sold by the developer: AED 1,362 per sqft for 1,284 sqft. It is the only registered sale of the unit.

How big is unit 509?

1,284 sqft (119.3 sqm): a two-bedroom apartment on the 5th floor of a 21-storey tower completed in 2023.

What is unit 509 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 509, Binghatti Canal

Starts from the last sale price (AED 1.75M, 17 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 →