608, Binghatti Canal
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.
Property timeline for 608, Binghatti Canal
What is 608 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 26 August 2022.
Key facts
- Type
- Studio apartment
- Size
- 489 sqft
- Floor
- 6th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,600 /yr
- Last sold
- AED 835K · August 2022
- Building
- Binghatti Canal
About 608, Binghatti Canal
608 is a studio of 489 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 26 August 2022 for AED 835,335, or AED 1,708 per sqft, in line with the AED 1,760 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 608 over time
608 has sold once; 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 608 sits
All 82 studios →608 last sold in August 2022 at AED 1,708 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,760). 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.
| 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 6th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | Studio | 452 sqft | AED 774KAED 774,250 · Sep 2022September 2022 | ||
| 602 | 2-bed | 1,331 sqft | AED 1.88MAED 1,881,633 · Nov 2022November 2022 | 164,000 /yr | |
| 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 | ||
| 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 |
608, Binghatti Canal in numbers
- Sold once: by Binghatti on 26 August 2022 for AED 835,335, or AED 1,708 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 26 August 2022.
Questions about 608, Binghatti Canal
What did unit 608 last sell for?
AED 835,335 on 26 August 2022, sold by the developer: AED 1,708 per sqft for 489 sqft. It is the only registered sale of the unit.
How big is unit 608?
489 sqft (45.4 sqm): a studio on the 6th floor of a 21-storey tower completed in 2023.
What is unit 608 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.
Selling 608? Put it on the OpenOffers board
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Mortgage on 608, Binghatti Canal
Starts from the last sale price (AED 835K, 26 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 835,335
- Deposit, UAE resident (20%)
- AED 167,067
- Deposit, non-resident (40%)
- AED 334,134
- Monthly over 25 years at 3.7%
- AED 3,418
Plus AED 40,094 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →