602, Binghatti Canal
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Binghatti Canal
What is 602 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,331 sqft
- Floor
- 6th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 23,500 /yr
- Last sold
- AED 1.88M · November 2022
- Building
- Binghatti Canal
About 602, Binghatti Canal
602 is a two-bedroom apartment of 1,331 sqft on the 6th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 1 November 2022 for AED 1,881,633, or AED 1,413 per sqft, 4% above the AED 1,362 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, renewed on 19 July 2025, is AED 164,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 23,500 a year.
Sales and rents for 602 over time
602 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 602 sits
All 79 2-beds →602 last sold in November 2022 at AED 1,413 per sqft, 4% above what two-beds in Binghatti Canal were fetching at the time (AED 1,362). 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. 602's AED 164,000 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 6th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 452 sqft | AED 774KAED 774,250 · Sep 2022September 2022 | ||
| 603 | 1-bed | 702 sqft | AED 1.49MAED 1,485,000 · Apr 2024April 2024 | ||
| 604 | 1-bed | 703 sqft | AED 1.82MAED 1,820,000 · Apr 2024April 2024 | 140,000 /yr | |
| 605 | 1-bed | 706 sqft | AED 1.66MAED 1,660,000 · Sep 2023September 2023 | 120,000 /yr | |
| 606 | 2-bed | 1,327 sqft | AED 1.6MAED 1,600,000 · Jul 2022July 2022 | 170,000 /yr | |
| 607 | Studio | 494 sqft | AED 850KAED 850,000 · Aug 2022August 2022 | ||
| 608 | Studio | 489 sqft | AED 835KAED 835,335 · Aug 2022August 2022 | ||
| 609 | 2-bed | 1,332 sqft | AED 1.61MAED 1,610,000 · Aug 2022August 2022 | 173,000 /yr | |
| 610 | 1-bed | 717 sqft | AED 1.11MAED 1,110,000 · Sep 2022September 2022 | ||
| 611 | 1-bed | 704 sqft | AED 1.5MAED 1,500,000 · Jan 2025January 2025 | ||
| 612 | 1-bed | 703 sqft | AED 1.4MAED 1,400,000 · Apr 2024April 2024 | ||
| 613 | 2-bed | 1,378 sqft | AED 1.7MAED 1,700,000 · Dec 2022December 2022 | 153,000 /yr | |
| 614 | Studio | 451 sqft | AED 774KAED 774,250 · Nov 2022November 2022 |
602, Binghatti Canal in numbers
- Sold once: by Binghatti on 1 November 2022 for AED 1,881,633, or AED 1,413 per sqft.
- Rented since January 2025 on 2 Ejari contracts, from AED 167,200 to AED 164,000 a year.
- At AED 164,000 a year the gross yield on the 2022 price is 8.7%, 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 19 July 2025.
Questions about 602, Binghatti Canal
What did unit 602 last sell for?
AED 1,881,633 on 1 November 2022, sold by the developer: AED 1,413 per sqft for 1,331 sqft. It is the only registered sale of the unit.
What is the rent for unit 602?
AED 164,000 a year on the contract renewed on 19 July 2025. The previous contract, from January 2025, was AED 167,200.
How big is unit 602?
1,331 sqft (123.7 sqm): a two-bedroom apartment on the 6th floor of a 21-storey tower completed in 2023.
What is unit 602 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 602, Binghatti Canal
Starts from the last sale price (AED 1.88M, 1 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,881,633
- Deposit, UAE resident (20%)
- AED 376,327
- Deposit, non-resident (40%)
- AED 752,653
- Monthly over 25 years at 3.7%
- AED 7,698
Plus AED 84,038 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →