Unit 1603, Binghatti Canal: what it sold for and what it is worth now

Unit 1603 at Binghatti Canal is a 1 bed of 703 sq ft. It last sold for AED 1,317,000 on 26 Aug 2022. At AED 2,117 per sq ft, from 10 sales in the building in the last 12 months (1 bed), it is worth about AED 1,488,000 today.

Value todayAED 1,488,000AED 1,448,000 to AED 1,640,000
Last saleAED 1,317,00026 Aug 2022 · Off-plan
Change since last sale+13.0% 
Rent (median asking, 1 bed)AED 99,998Gross yield 6.7%
Bedrooms1 bed
Size703 sq ft
Floor16 (from the unit number)
Position in the towerStack 03: units ending 03 share the same layout and view
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit1

Every registered sale of unit 1603

DatePriceSizeAED/sq ftType
26 Aug 2022AED 1,317,000703 sq ft1,873Off-plan

Units ending 03 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
130323 Oct 2025AED 1,680,000703 sq ft2,390Resale
12033 Mar 2025AED 1,650,000703 sq ft2,347Resale
50310 Jul 2024AED 1,400,000702 sq ft1,994Resale
140321 May 2024AED 1,640,000703 sq ft2,333Resale
17039 May 2024AED 1,700,000703 sq ft2,418Resale
6034 Apr 2024AED 1,485,000702 sq ft2,115Resale
50320 Mar 2024AED 1,455,000702 sq ft2,073Resale
110321 Dec 2023AED 1,680,000703 sq ft2,390Resale

Latest 1 bed sales in Binghatti Canal

UnitDatePriceSizeAED/sq ftType
110414 Aug 2026AED 1,330,000704 sq ft1,889Resale
130511 Aug 2026AED 1,500,000707 sq ft2,122Resale
11053 Apr 2026AED 2,100,000707 sq ft2,970Resale
141026 Feb 2026AED 1,550,000717 sq ft2,162Resale
141216 Feb 2026AED 1,450,000704 sq ft2,060Resale
M018 Dec 2025AED 1,740,000705 sq ft2,468Resale
3123 Dec 2025AED 1,485,000703 sq ft2,112Resale
71128 Oct 2025AED 1,450,000704 sq ft2,060Resale

How we worked out the value

We took the 10 sales in Binghatti Canal in the last 12 months (1 bed), worked out the price per sq ft of each, and used the middle value (AED 2,117). We multiplied it by the size of this unit (703 sq ft). The range uses the middle half of those sales (AED 2,060 to AED 2,333 per sq ft). Floor, view, condition and upgrades can move the price either way. Sales data to 16 Oct 2026, from the Dubai Land Department register.

Questions

What is unit 1603 at Binghatti Canal worth?

About AED 1,488,000 (range AED 1,448,000 to AED 1,640,000), based on AED 2,117 per sq ft from registered sales up to 16 Oct 2026.

When did unit 1603 last sell?

26 Aug 2022, for AED 1,317,000 (off-plan). It has 1 registered sale.

What rent can unit 1603 make?

A 1 bed in Binghatti Canal rents for about AED 99,998 a year (median asking rent). That is a gross yield of 6.7% on the estimate.

Sales alert for Binghatti CanalAll sales in Binghatti Canal

Unit 1602 · Unit 1604