Unit 1608, Binghatti Canal: what it sold for and what it is worth now

Unit 1608 at Binghatti Canal is a studio of 487 sq ft. It last sold for AED 927,880 on 28 Apr 2022. At AED 2,357 per sq ft, from 5 sales of units ending 08 (same position in the tower), it is worth about AED 1,148,000 today.

Value todayAED 1,148,000AED 1,045,000 to AED 1,312,000
Last saleAED 927,88028 Apr 2022 · Off-plan
Change since last sale+23.7% 
Rent (median asking, studio)AED 70,000Gross yield 6.1%
Bedroomsstudio
Size487 sq ft
Floor16 (from the unit number)
Position in the towerStack 08: units ending 08 share the same layout and view
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit1

Every registered sale of unit 1608

DatePriceSizeAED/sq ftType
28 Apr 2022AED 927,880487 sq ft1,905Off-plan

Units ending 08 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
60816 Oct 2026AED 980,000488 sq ft2,008Resale
3086 Mar 2026AED 1,350,000488 sq ft2,766Resale
100820 Mar 2025AED 1,315,000488 sq ft2,695Resale
210813 Feb 2025AED 970,000452 sq ft2,146Resale
20830 Nov 2024AED 1,150,000488 sq ft2,357Resale
40823 Jul 2024AED 1,340,000488 sq ft2,746Resale
100812 Jan 2024AED 1,230,000488 sq ft2,520Resale
150812 Dec 2023AED 1,360,000488 sq ft2,787Resale

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 5 resale sales of units ending 08 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,357). We multiplied it by the size of this unit (487 sq ft). The range uses the middle half of those sales (AED 2,146 to AED 2,695 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 1608 at Binghatti Canal worth?

About AED 1,148,000 (range AED 1,045,000 to AED 1,312,000), based on AED 2,357 per sq ft from registered sales up to 16 Oct 2026.

When did unit 1608 last sell?

28 Apr 2022, for AED 927,880 (off-plan). It has 1 registered sale.

What rent can unit 1608 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 1607 · Unit 1609