701, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 701, Binghatti Canal
What is 701 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 27 October 2025.
Key facts
- Type
- Studio apartment
- Size
- 452 sqft
- Floor
- 7th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,000 /yr
- Last sold
- AED 779K · August 2022
- Building
- Binghatti Canal
About 701, Binghatti Canal
701 is a studio of 452 sqft on the 7th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 30 August 2022 for AED 779,000, or AED 1,724 per sqft, in line with the AED 1,759 studios in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 27 October 2025, is AED 80,000 a year: a gross yield of 10.3% on the 2022 price, before the service charge of about AED 8,000 a year.
Sales and rents for 701 over time
701 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 701 sits
All 82 studios →701 last sold in August 2022 at AED 1,724 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,759). 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. 701's AED 80,000 is in the upper half 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 7th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 702 | 2-bed | 1,273 sqft | AED 1.88MAED 1,883,000 · Sep 2022September 2022 | ||
| 703 | 1-bed | 702 sqft | AED 1.15MAED 1,150,000 · Sep 2022September 2022 | 120,000 /yr | |
| 704 | 1-bed | 704 sqft | AED 1.2MAED 1,200,000 · Sep 2022September 2022 | ||
| 705 | 1-bed | 705 sqft | AED 1.65MAED 1,650,000 · May 2024May 2024 | ||
| 706 | 2-bed | 1,279 sqft | AED 1.7MAED 1,700,000 · Jun 2023June 2023 | 170,000 /yr | |
| 707 | Studio | 494 sqft | AED 770KAED 770,000 · Dec 2022December 2022 | 94,500 /yr | |
| 708 | Studio | 489 sqft | AED 873KAED 872,880 · Apr 2022April 2022 | ||
| 709 | 2-bed | 1,284 sqft | AED 1.84MAED 1,844,617 · Aug 2022August 2022 | ||
| 710 | 1-bed | 717 sqft | AED 1.19MAED 1,189,760 · Sep 2022September 2022 | 110,000 /yr | |
| 711 | 704 sqft | AED 1.45MAED 1,450,000 · Oct 2025October 2025 | 105,000 /yr | ||
| 712 | 1-bed | 703 sqft | AED 1.15MAED 1,150,000 · Nov 2022November 2022 | ||
| 713 | 2-bed | 1,323 sqft | AED 1.75MAED 1,751,000 · Nov 2022November 2022 | ||
| 714 | Studio | 451 sqft | AED 750KAED 750,000 · Sep 2022September 2022 |
701, Binghatti Canal in numbers
- Sold once: by Binghatti on 30 August 2022 for AED 779,000, or AED 1,724 per sqft.
- Rented since December 2024 on 2 Ejari contracts, at AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2022 price is 10.3%, 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 27 October 2025.
Questions about 701, Binghatti Canal
What did unit 701 last sell for?
AED 779,000 on 30 August 2022, sold by the developer: AED 1,724 per sqft for 452 sqft. It is the only registered sale of the unit.
What is the rent for unit 701?
AED 80,000 a year on the contract signed on 27 October 2025. The previous contract, from December 2024, was AED 80,000.
How big is unit 701?
452 sqft (42.0 sqm): a studio on the 7th floor of a 21-storey tower completed in 2023.
What is unit 701 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 701, Binghatti Canal
Starts from the last sale price (AED 779K, 30 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 779,000
- Deposit, UAE resident (20%)
- AED 155,800
- Deposit, non-resident (40%)
- AED 311,600
- Monthly over 25 years at 3.7%
- AED 3,187
Plus AED 37,728 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →