706, Binghatti Canal
Sold prices and rental history: sold twice, last in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 706, Binghatti Canal
What is 706 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 4 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,279 sqft
- Floor
- 7th of 21
- Parking
- P2-11
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 22,600 /yr
- Last sold
- AED 1.7M · June 2023
- Building
- Binghatti Canal
About 706, Binghatti Canal
706 is a two-bedroom apartment of 1,279 sqft on the 7th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 6 June 2023 for AED 1,700,000, or AED 1,329 per sqft, in line with the AED 1,353 two-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 4 October 2025, is AED 170,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 22,600 a year.
Sales and rents for 706 over time
706 has sold twice; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Binghatti Canal, and where 706 sits
All 79 2-beds →706 last sold in June 2023 at AED 1,329 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,353). Over the last 12 months two-beds sold for AED 2,050,000 to 2,600,000, around AED 1,743 per sqft, and rent for AED 140,000 to 200,000 a year. 706's AED 170,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Jan 202627 January 2026 | 1,283 sqft | 2,600,000 | 2,025 | ||
| 22 Jan 202622 January 2026 | 1,273 sqft | 2,220,000 | 1,743 | ||
| 12 Jan 202612 January 2026 | 1,323 sqft | 2,050,000 | 1,549 | ||
| 2 Jan 20262 January 2026 | 1,378 sqft | 2,180,000 | 1,582 |
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 | |||||
|---|---|---|---|---|---|
| 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 | |
| 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 | ||
| 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 |
706, Binghatti Canal in numbers
- Sold twice: first on 15 August 2022 for AED 1,675,000, last on 6 June 2023 for AED 1,700,000 (AED 1,329 per sqft).
- Rented since August 2024 on 2 Ejari contracts, from AED 180,000 to AED 170,000 a year.
- At AED 170,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 22,600 a year (AED 17.68 per sqft).
- Two-beds in Binghatti Canal sold for AED 2,050,000–2,600,000 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 4 October 2025.
Questions about 706, Binghatti Canal
What did unit 706 last sell for?
AED 1,700,000 on 6 June 2023: AED 1,329 per sqft for 1,279 sqft. The unit has 2 registered sales; the first was AED 1,675,000 in August 2022.
What is the rent for unit 706?
AED 170,000 a year on the contract signed on 4 October 2025. The previous contract, from August 2024, was AED 180,000.
How big is unit 706?
1,279 sqft (118.8 sqm): a two-bedroom apartment on the 7th floor of a 21-storey tower completed in 2023.
What is unit 706 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Canal sold for AED 2,050,000 to 2,600,000 in the last 12 months, around AED 1,743 per sqft.
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Mortgage on 706, Binghatti Canal
Starts from the last sale price (AED 1.7M, 6 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →