1-bed · 704 sqftBinghatti Canal, Business Bay · 7th floor · completed 2023

704, Binghatti Canal

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 2 September 2022

Last soldAED 1.2M2 September 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Property timeline for 704, Binghatti Canal

Today

What is 704 worth today?

Last sold for AED 1,200,000 in 2022

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2 Sep 2022

2 Sep 2022Sold by developerOff-plan

AED 1,200,000AED 1,704 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2022.

Key facts

Type: 1-bed apartment
Size: 704 sqft
Floor: 7th of 21
Parking: 1
Developer: Binghatti
Completed: 2023
Service charge: AED 12,400 /yr
Last sold: AED 1.2M · September 2022
Building: Binghatti Canal

About 704, Binghatti Canal

704 is a one-bedroom apartment of 704 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 2 September 2022 for AED 1,200,000, or AED 1,704 per sqft, in line with the AED 1,658 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 704 over time

Sales

Unit 704, each saleTypical one-bed in Binghatti Canal

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

Rents

Unit 704, each contractTypical one-bed in Binghatti Canal

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 704 sits

All 123 1-beds →

1-beds in Binghatti Canal · last 12 months2,112 /sqft Binghatti Canal · all types1,993 /sqft

704 last sold in September 2022 at AED 1,704 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,658). 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 sales	Size	Price (AED)	Per sqft
16 Feb 202616 February 2026	704 sqft	1,450,000	2,060
8 Dec 20258 December 2025	705 sqft	1,740,000	2,466
21 May 202521 May 2025	753 sqft	1,580,000	2,097
14 May 202514 May 2025	704 sqft	1,500,000	2,131

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 7th floor

All 301 units in Binghatti Canal


701	Studio	452 sqft	AED 779KAED 779,000 · Aug 2022August 2022	80,000 /yr
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
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

1–7 of 13

704, Binghatti Canal in numbers

Sold once: by Binghatti on 2 September 2022 for AED 1,200,000, or AED 1,704 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 2 September 2022.

Questions about 704, Binghatti Canal

What did unit 704 last sell for?

AED 1,200,000 on 2 September 2022, sold by the developer: AED 1,704 per sqft for 704 sqft. It is the only registered sale of the unit.

How big is unit 704?

704 sqft (65.4 sqm): a one-bedroom apartment on the 7th floor of a 21-storey tower completed in 2023.

What is unit 704 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 704, Binghatti Canal

Starts from the last sale price (AED 1.2M, 2 September 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,200,000
Deposit, UAE resident (20%): AED 240,000
Deposit, non-resident (40%): AED 480,000
Monthly over 25 years at 3.7%: AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →