Studio · 451 sqftBinghatti Canal, Business Bay · 7th floor · completed 2023

714, Binghatti Canal

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 714 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 750K2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 714, Binghatti Canal

What is 714 worth today?

Last sold for AED 750,000 in 2022

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2 Sep 2022Sold by developerOff-plan
AED 750,000AED 1,663 per sqft

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

Key facts

Type
Studio apartment
Size
451 sqft
Floor
7th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,000 /yr
Last sold
AED 750K · September 2022

About 714, Binghatti Canal

714 is a studio of 451 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 750,000, or AED 1,663 per sqft, 4% below the AED 1,728 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 714 over time

Sales
Unit 714, each saleTypical studio in Binghatti Canal
800K1M20222023202420252026Typical sale price by year: 2022 AED 830,000; 2023 AED 950,000; 2024 AED 1,075,000; 2025 AED 970,000Sold by developer, September 2022: AED 750,000 (AED 1,663 per sqft)

714 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 714, each contractTypical studio in Binghatti Canal
80K90K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 88,000

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 714 sits

All 82 studios →

714 last sold in September 2022 at AED 1,663 per sqft, 4% below what studios in Binghatti Canal were fetching at the time (AED 1,728). 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 salesUnit no.Price (AED)Summary
11 Dec 2025980,000
20 Mar 20251,315,000
13 Feb 2025960,000
13 Feb 2025970,000
2 studio 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
Value
701StudioAED 779K · Aug 2022
7022-bedAED 1.88M · Sep 2022
7031-bedAED 1.15M · Sep 2022
7041-bedAED 1.2M · Sep 2022
7051-bedAED 1.65M · May 2024
7062-bedAED 1.7M · Jun 2023
707StudioAED 770K · Dec 2022
1–7 of 13

714, Binghatti Canal in numbers

  • Sold once: by Binghatti on 2 September 2022 for AED 750,000, or AED 1,663 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 2 September 2022.

Questions about 714, Binghatti Canal

What did unit 714 last sell for?

AED 750,000 on 2 September 2022, sold by the developer: AED 1,663 per sqft for 451 sqft. It is the only registered sale of the unit.

How big is unit 714?

451 sqft (41.9 sqm): a studio on the 7th floor of a 21-storey tower completed in 2023.

What is unit 714 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 714, Binghatti Canal

Starts from the last sale price (AED 750K, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 750,000
Deposit, UAE resident (20%)
AED 150,000
Deposit, non-resident (40%)
AED 300,000
Monthly over 25 years at 3.7%
AED 3,068

Plus AED 36,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →