Unit 701, Binghatti Canal: what it sold for and what it is worth now

Unit 701 at Binghatti Canal is a studio of 450 sq ft. It last sold for AED 779,000 on 30 Aug 2022. At AED 2,178 per sq ft, from 5 sales in the building in the last 12 months (studio), it is worth about AED 980,000 today.

Value todayAED 980,000AED 980,000 to AED 1,162,000
Last saleAED 779,00030 Aug 2022 · Off-plan
Change since last sale+25.8% 
Rent (median asking, studio)AED 70,000Gross yield 7.1%
Bedroomsstudio
Size450 sq ft
Floor7 (from the unit number)
Position in the towerStack 01: units ending 01 share the same layout and view
BuildingBinghatti Canal by Binghatti Developers, handed over 2023
Registered sales of this unit1

Every registered sale of unit 701

DatePriceSizeAED/sq ftType
30 Aug 2022AED 779,000450 sq ft1,731Off-plan

Units ending 01 (same position, other floors)

UnitDatePriceSizeAED/sq ftType
50111 Dec 2025AED 980,000450 sq ft2,178Resale
210111 Dec 2024AED 3,972,6292,023 sq ft1,964Resale
100129 Apr 2024AED 950,000450 sq ft2,111Resale
160113 Feb 2024AED 900,000452 sq ft1,991Resale
80118 Dec 2023AED 820,000450 sq ft1,822Resale
20128 Sep 2023AED 831,000448 sq ft1,855Resale
12013 Nov 2022AED 785,000452 sq ft1,737Off-plan
14013 Nov 2022AED 774,000452 sq ft1,712Off-plan

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 sales in Binghatti Canal in the last 12 months (studio), worked out the price per sq ft of each, and used the middle value (AED 2,178). We multiplied it by the size of this unit (450 sq ft). The range uses the middle half of those sales (AED 2,178 to AED 2,581 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 701 at Binghatti Canal worth?

About AED 980,000 (range AED 980,000 to AED 1,162,000), based on AED 2,178 per sq ft from registered sales up to 16 Oct 2026.

When did unit 701 last sell?

30 Aug 2022, for AED 779,000 (off-plan). It has 1 registered sale.

What rent can unit 701 make?

A studio in Binghatti Canal rents for about AED 70,000 a year (median asking rent). That is a gross yield of 7.1% on the estimate.

Sales alert for Binghatti CanalAll sales in Binghatti Canal

Unit 614 · Unit 702