1-bed · 704 sqftBinghatti Canal, Business Bay · 6th floor · completed 2023

611, Binghatti Canal

Sold prices and rental history: sold twice, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 611 · DLD and Ejari recordsUpdated 10 January 2025
Last soldAED 1.5M10 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 611, Binghatti Canal

What is 611 worth today?

Last sold for AED 1,500,000 in 2025

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10 Jan 2025SoldReady
AED 1,500,000AED 2,131 per sqft
31 Oct 2022Sold by developerOff-plan
AED 1,167,572AED 1,659 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 January 2025.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
6th of 21
Parking
P2-56
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.5M · January 2025

About 611, Binghatti Canal

611 is a one-bedroom apartment of 704 sqft on the 6th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 10 January 2025 for AED 1,500,000, or AED 2,131 per sqft, in line with the AED 2,163 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 611 over time

Sales
Unit 611, each saleTypical one-bed in Binghatti Canal
1.25M1.5M20222023202420252026Typical 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, October 2022: AED 1,167,572 (AED 1,659 per sqft)Sold, January 2025: AED 1,500,000 (AED 2,131 per sqft)

611 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 611, each contractTypical one-bed in Binghatti Canal
100K120K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 120,000

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 611 sits

All 123 1-beds →

611 last sold in January 2025 at AED 2,131 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 2,163). 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.

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
6041-bedAED 1.82M · Apr 2024
6051-bedAED 1.66M · Sep 2023
6062-bedAED 1.6M · Jul 2022
607StudioAED 850K · Aug 2022
1–7 of 13

611, Binghatti Canal in numbers

  • Sold twice: first on 31 October 2022 for AED 1,167,572, last on 10 January 2025 for AED 1,500,000 (AED 2,131 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 10 January 2025.

Questions about 611, Binghatti Canal

What did unit 611 last sell for?

AED 1,500,000 on 10 January 2025: AED 2,131 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 1,167,572 in October 2022.

How big is unit 611?

704 sqft (65.4 sqm): a one-bedroom apartment on the 6th floor of a 21-storey tower completed in 2023.

What is unit 611 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 611, Binghatti Canal

Starts from the last sale price (AED 1.5M, 10 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →