Unit 1607, Binghatti Canal: what it sold for and what it is worth now

Unit 1607 at Binghatti Canal is a studio of 492 sq ft. It last sold for AED 1,300,000 on 26 May 2023. At AED 2,337 per sq ft, from 7 sales of units ending 07 (same position in the tower), it is worth about AED 1,150,000 today.

Value todayAED 1,150,000AED 1,033,000 to AED 1,260,000
Last saleAED 1,300,00026 May 2023 · Off-plan
Change since last sale-11.5%Building trend alone: AED 1,315,930
Rent (median asking, studio)AED 70,000Gross yield 6.1%
Bedroomsstudio
Size492 sq ft
Floor16 (from the unit number)
Position in the towerStack 07: units ending 07 share the same layout and view
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit2

Every registered sale of unit 1607

DatePriceSizeAED/sq ftType
26 May 2023AED 1,300,000492 sq ft2,642Off-plan
3 Nov 2022AED 900,000492 sq ft1,829Off-plan

Units ending 07 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
18073 Dec 2025AED 1,270,000492 sq ft2,581Resale
30729 Sep 2025AED 1,290,000491 sq ft2,627Resale
140714 Aug 2025AED 1,150,000492 sq ft2,337Resale
210724 Dec 2024AED 2,300,0002,068 sq ft1,112Resale
1076 Dec 2024AED 1,500,000791 sq ft1,896Resale
170715 Nov 2024AED 1,250,000492 sq ft2,541Resale
3077 Nov 2024AED 1,130,000491 sq ft2,301Resale
4077 Jun 2024AED 1,230,000491 sq ft2,505Resale

Latest studio sales in Binghatti Canal

UnitDatePriceSizeAED/sq ftType
60816 Oct 2026AED 980,000488 sq ft2,008Resale
3086 Mar 2026AED 1,350,000488 sq ft2,766Resale
50111 Dec 2025AED 980,000450 sq ft2,178Resale
18073 Dec 2025AED 1,270,000492 sq ft2,581Resale
31412 Nov 2025AED 980,000450 sq ft2,178Resale
30729 Sep 2025AED 1,290,000491 sq ft2,627Resale
140714 Aug 2025AED 1,150,000492 sq ft2,337Resale
100820 Mar 2025AED 1,315,000488 sq ft2,695Resale

How we worked out the value

We took the 7 resale sales of units ending 07 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,337). We multiplied it by the size of this unit (492 sq ft). The range uses the middle half of those sales (AED 2,099 to AED 2,561 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,315,930. 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 1607 at Binghatti Canal worth?

About AED 1,150,000 (range AED 1,033,000 to AED 1,260,000), based on AED 2,337 per sq ft from registered sales up to 16 Oct 2026.

When did unit 1607 last sell?

26 May 2023, for AED 1,300,000 (off-plan). It has 2 registered sales.

What rent can unit 1607 make?

A studio in Binghatti Canal rents for about AED 70,000 a year (median asking rent). That is a gross yield of 6.1% on the estimate.

Sales alert for Binghatti CanalAll sales in Binghatti Canal

Unit 1606 · Unit 1608