1-bed · 703 sqftBinghatti Canal, Business Bay · 6th floor · completed 2023

604, Binghatti Canal

Sold prices and rental history: sold 3 times, last in April 2024, and rented once, from October 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 604 · DLD and Ejari recordsUpdated 11 October 2025
Last soldAED 1.82M4 April 2024
Current rentAED 140K /yr11 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 604, Binghatti Canal

What is 604 worth today?

Last sold for AED 1,820,000 in 2024

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11 Oct 2025RentedNew contract
AED 140,000/yr12 months · AED 200 per sqft
4 Apr 2024SoldReady
AED 1,820,000AED 2,587 per sqft
1 Jun 2023SoldOff-plan
AED 1,125,000AED 1,599 per sqft
6 Sep 2022Sold by developerOff-plan
AED 1,050,000AED 1,492 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 11 October 2025.

Key facts

Type
1-bed apartment
Size
703 sqft
Floor
6th of 21
Parking
P3-17
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.82M · April 2024

About 604, Binghatti Canal

604 is a one-bedroom apartment of 703 sqft on the 6th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 4 April 2024 for AED 1,820,000, or AED 2,587 per sqft, 24% above the AED 2,086 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 11 October 2025. The current contract, signed on 11 October 2025, is AED 140,000 a year: a gross yield of 7.7% on the 2024 price, before the service charge of about AED 12,400 a year.

Sales and rents for 604 over time

Sales
Unit 604, each saleTypical one-bed in Binghatti Canal
1M1.5M20222023202420252026Typical sale price by year: 2022 AED 1,200,000; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,615,000Sold by developer, September 2022: AED 1,050,000 (AED 1,492 per sqft)Sold, June 2023: AED 1,125,000 (AED 1,599 per sqft)Sold, April 2024: AED 1,820,000 (AED 2,587 per sqft)

604 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 604, each contractTypical one-bed in Binghatti Canal
100K125K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 120,000New contract, October 2025: AED 140,000 a year

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 604 sits

All 123 1-beds →

604 last sold in April 2024 at AED 2,587 per sqft, 24% above what one-beds in Binghatti Canal were fetching at the time (AED 2,086). 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. 604's AED 140,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,450,000
8 Dec 20251,740,000
21 May 20251,580,000
14 May 20251,500,000
3 1-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 6th floor

All 301 units in Binghatti Canal
Value
601StudioAED 774K · Sep 2022
6022-bedAED 1.88M · Nov 2022
6031-bedAED 1.49M · Apr 2024
6051-bedAED 1.66M · Sep 2023
6062-bedAED 1.6M · Jul 2022
607StudioAED 850K · Aug 2022
608StudioAED 835K · Aug 2022
1–7 of 13

604, Binghatti Canal in numbers

  • Sold 3 times: first on 6 September 2022 for AED 1,050,000, last on 4 April 2024 for AED 1,820,000 (AED 2,587 per sqft).
  • Rented since October 2025 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2024 price is 7.7%, 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 11 October 2025.

Questions about 604, Binghatti Canal

What did unit 604 last sell for?

AED 1,820,000 on 4 April 2024: AED 2,587 per sqft for 703 sqft. The unit has 3 registered sales; the first was AED 1,050,000 in September 2022.

What is the rent for unit 604?

AED 140,000 a year on the contract signed on 11 October 2025.

How big is unit 604?

703 sqft (65.3 sqm): a one-bedroom apartment on the 6th floor of a 21-storey tower completed in 2023.

What is unit 604 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.

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Mortgage on 604, Binghatti Canal

Starts from the last sale price (AED 1.82M, 4 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,820,000
Deposit, UAE resident (20%)
AED 364,000
Deposit, non-resident (40%)
AED 728,000
Monthly over 25 years at 3.7%
AED 7,446

Plus AED 81,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →