514, Binghatti Canal
Sold prices and rental history: sold twice, last in February 2024, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 514, Binghatti Canal
What is 514 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 10 February 2025.
Key facts
- Type
- Studio apartment
- Size
- 450 sqft
- Floor
- 5th of 21
- Parking
- P3-6
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,000 /yr
- Last sold
- AED 940K · February 2024
- Building
- Binghatti Canal
About 514, Binghatti Canal
514 is a studio of 450 sqft on the 5th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 12 February 2024 for AED 940,000, or AED 2,088 per sqft, in line with the AED 2,049 studios in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 10 February 2025, is AED 40,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 8,000 a year.
Sales and rents for 514 over time
514 has sold twice; the dashed line is the studio median of each year in the building.
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 514 sits
All 82 studios →514 last sold in February 2024 at AED 2,088 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 2,049). 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. 514's AED 40,000 is at the bottom of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 20 Mar 202520 March 2025 | 488 sqft | 1,315,000 | 2,695 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 960,000 | 2,149 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 970,000 | 2,170 |
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 | ||
| 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 | ||
| 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, Binghatti Canal in numbers
- Sold twice: first on 17 August 2022 for AED 730,000, last on 12 February 2024 for AED 940,000 (AED 2,088 per sqft).
- Rented since February 2025 on 2 Ejari contracts, at AED 40,000 a year.
- At AED 40,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 8,000 a year (AED 17.68 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 10 February 2025.
Questions about 514, Binghatti Canal
What did unit 514 last sell for?
AED 940,000 on 12 February 2024: AED 2,088 per sqft for 450 sqft. The unit has 2 registered sales; the first was AED 730,000 in August 2022.
What is the rent for unit 514?
AED 40,000 a year on the contract signed on 10 February 2025. The previous contract, from February 2025, was AED 40,000.
How big is unit 514?
450 sqft (41.8 sqm): a studio on the 5th floor of a 21-storey tower completed in 2023.
What is unit 514 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 514, Binghatti Canal
Starts from the last sale price (AED 940K, 12 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 940,000
- Deposit, UAE resident (20%)
- AED 188,000
- Deposit, non-resident (40%)
- AED 376,000
- Monthly over 25 years at 3.7%
- AED 3,846
Plus AED 44,490 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →