Unit 504, Binghatti Canal: what it sold for and what it is worth now

Unit 504 at Binghatti Canal is a 1 bed of 704 sq ft. It last sold for AED 1,186,818 on 5 Jun 2023. At AED 2,116 per sq ft, from 4 sales of units ending 04 (same position in the tower), it is worth about AED 1,490,000 today.

Value todayAED 1,490,000AED 1,326,000 to AED 1,668,000
Last saleAED 1,186,8185 Jun 2023 · Off-plan
Change since last sale+25.5%Building trend alone: AED 1,201,361
Rent (median asking, 1 bed)AED 99,998Gross yield 6.7%
Bedrooms1 bed
Size704 sq ft
Floor5 (from the unit number)
Position in the towerStack 04: units ending 04 share the same layout and view
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit2

Every registered sale of unit 504

DatePriceSizeAED/sq ftType
5 Jun 2023AED 1,186,818704 sq ft1,686Off-plan
17 Aug 2022AED 1,100,000704 sq ft1,563Off-plan

Units ending 04 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
110414 Aug 2026AED 1,330,000704 sq ft1,889Resale
10413 Aug 2025AED 1,400,000750 sq ft1,867Resale
90414 Mar 2025AED 1,650,000704 sq ft2,344Resale
170424 Oct 2024AED 1,720,000704 sq ft2,443Resale
6044 Apr 2024AED 1,820,000703 sq ft2,589Resale
190425 Oct 2023AED 1,650,000704 sq ft2,344Resale
6041 Jun 2023AED 1,125,000703 sq ft1,600Off-plan
3044 Apr 2023AED 1,400,000704 sq ft1,989Off-plan

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 4 resale sales of units ending 04 in the last 24 months, worked out the price per sq ft of each, and used the middle value (AED 2,116). We multiplied it by the size of this unit (704 sq ft). The range uses the middle half of those sales (AED 1,884 to AED 2,369 per sq ft). As a check, the last sale moved by the building's own price change since then gives AED 1,201,361. 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 504 at Binghatti Canal worth?

About AED 1,490,000 (range AED 1,326,000 to AED 1,668,000), based on AED 2,116 per sq ft from registered sales up to 16 Oct 2026.

When did unit 504 last sell?

5 Jun 2023, for AED 1,186,818 (off-plan). It has 2 registered sales.

What rent can unit 504 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 503 · Unit 505