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BuildingBusiness Bay · Binghatti · 2023

Binghatti Canal

Studios to two-beds in Business Bay. 27 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 3 November 2026
Typical price per sqftAED 2,008Down 4.6% on the year
Typical saleAED 2.1M27 sales
Typical rentAED 100K /yrAED 144 per sqft
Typical yield7.2%AED 17.68/sqft charge
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About Binghatti Canal

Binghatti Canal is a freehold apartment building in Business Bay, in central Dubai beside Downtown Dubai. Binghatti completed it in 2023. The building has 21 storeys and 301 apartments, from studios to two-bedroom units, with sizes from 447 to 2,068 sqft. Its neighbouring buildings include 15 Northside Tower 1, 15 Northside Tower 2 and Hamilton Residency. Daily needs are close by, all within walking distance. J MARKET in Hamilton Residency is about 100 m away, Bayside Park 7 about 400 m, Shades Medical Center | Dental Clinic about 500 m, and the MAG 318 mall about 600 m. Business Bay station on the Red Line is on the Sheikh Zayed Road side of the district. Burj Khalifa/Dubai Mall station, one stop north, is about 2.4 km away.

301 apartments over 21 floors: 86 studios of 447 to 494 sqft, 128 one-beds of 701 to 791 sqft and 87 two-beds of 689 to 2,068 sqft. The service charge is AED 17.68 per sqft a year.

27 apartments sold in the 12 months to November 2026, at a median of AED 2,008 per sqft, down 4.6% on the year before. Most of the trading is in two-beds: 14 of the 27 sales, at AED 2,050,000 to 3,200,000. 131 rental contracts were registered over the same 12 months, at a typical AED 100,000 a year.

Developer
Binghatti
Completed
2023
Floors
21
Units
301
Unit types
Studio to 2-bed

Business Bay, Dubai

Average prices in Binghatti Canal

In Binghatti Canal, typical sale prices over the last 12 months were around AED 980,000 for studios, AED 1,490,000 for one-beds and AED 2,480,000 for two-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Binghatti Canal

1,5002,0002,500May 2026Nov 20262025-11-12: AED 2,177, Studio, 450 sqft2025-12-03: AED 2,582, Studio, 492 sqft2025-12-03: AED 2,112, 1-bed, 703 sqft2025-12-08: AED 2,466, 1-bed, 705 sqft2025-12-11: AED 2,178, Studio, 450 sqft2025-12-16: AED 1,828, 2-bed, 1,326 sqft2025-12-25: AED 1,960, 2-bed, 1,326 sqft2026-01-02: AED 1,582, 2-bed, 1,378 sqft2026-01-12: AED 1,549, 2-bed, 1,323 sqft2026-01-22: AED 1,743, 2-bed, 1,273 sqft2026-01-27: AED 2,025, 2-bed, 1,283 sqft2026-02-16: AED 2,060, 1-bed, 704 sqft2026-02-17: AED 1,669, 2-bed, 1,378 sqft2026-02-19: AED 2,103, 2-bed, 1,284 sqft2026-02-26: AED 2,160, 1-bed, 717 sqft2026-03-06: AED 2,768, Studio, 488 sqft2026-04-03: AED 2,969, 1-bed, 707 sqft2026-04-16: AED 2,006, 2-bed, 1,283 sqft2026-05-15: AED 2,425, 2-bed, 1,278 sqft2026-06-18: AED 1,726, 2-bed, 1,332 sqft2026-08-11: AED 2,120, 1-bed, 707 sqft2026-08-14: AED 1,890, 1-bed, 704 sqft2026-08-21: AED 1,819, 2-bed, 1,323 sqft2026-09-04: AED 1,975, 2-bed, 1,278 sqft2026-10-16: AED 2,008, Studio, 488 sqft2026-10-27: AED 1,547, 2-bed, 2,068 sqft2026-11-02: AED 1,921, 1-bed, 702 sqftTrend: AED 2,072 to AED 1,856

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

Transaction history in Binghatti Canal

  • Completed1-bed · 702 sqft 02 Nov 2026AED 1,350,0001,922 /sqft
  • Completed2-bed · 2,067 sqft 27 Oct 2026AED 3,200,0001,548 /sqft
  • CompletedStudio · 487 sqft 16 Oct 2026AED 980,0002,008 /sqft
  • Completed2-bed · 1,278 sqft 04 Sep 2026AED 2,525,0001,976 /sqft
  • Completed2-bed · 1,323 sqft 21 Aug 2026AED 2,408,3101,820 /sqft
  • Completed1-bed · 703 sqft 14 Aug 2026AED 1,330,0001,890 /sqft
  • Completed1-bed · 707 sqft 11 Aug 2026AED 1,500,0002,121 /sqft
  • Completed2-bed · 1,332 sqft 18 Jun 2026AED 2,300,0001,726 /sqft
  • Completed2-bed · 1,278 sqft 15 May 2026AED 3,100,0002,426 /sqft
  • Completed2-bed · 1,283 sqft 16 Apr 2026AED 2,575,0002,006 /sqft

Over the last 12 months, Binghatti Canal has recorded 27 apartment sales. Typical homes sold for around AED 2.1M (about AED 2,008 per sqft) with a median size of 1,273 sqft; most were two-beds, from roughly AED 980K to AED 3.2M.

1–10 of 440

Units in Binghatti Canal

301 units
  • Unit 101Studio · 449 sqftSold AED 720K, Aug 2022
  • Unit 1022-bed · 1,366 sqftSold AED 1.85M, Nov 2022
  • Unit 1031-bed · 750 sqftSold AED 1.15M, Sep 2022
  • Unit 1041-bed · 750 sqftSold AED 1.4M, Aug 2025
  • Unit 1051-bed · 753 sqftSold AED 1.58M, May 2025
  • Unit 1062-bed · 1,196 sqftSold AED 1.8M, Oct 2022
  • Unit 1071-bed · 791 sqftSold AED 1.5M, Dec 2024
  • Unit 1081-bed · 773 sqftSold AED 1.1M, Dec 2022
  • Unit 1091-bed · 769 sqftSold AED 1.15M, Jun 2023
  • Unit 1102-bed · 1,231 sqftSold AED 1.4M, Oct 2022
1–10 of 301
Every unit in Binghatti Canal, by number

By type: studios (86), one-beds (128), two-beds (87).

Nearby in Business Bay

All 187 →
BuildingSale /sqftYield
15 Northside Tower 2AED 2,4006.2%
15 Northside Tower 1AED 2,6106.3%
Hamilton ResidencyAED 1,5606.3%
Scala Tower (Al Madar Tower)AED 1,3456.8%
Terraces Marasi DriveAED 2,0155.6%
1–5 of 186 · nearest first

Binghatti Canal in numbers

  • Across 27 DLD sales in the 12 months to November 2026, the median price in Binghatti Canal was AED 2,008 per sqft and the typical home sold for about AED 2.1M.
  • Completed in 2023 by Binghatti; 21 floors of studios to two-beds; service charge AED 17.68 per sqft a year.
  • Two-beds of 689 to 2,068 sqft sold for AED 2,050,000 to 3,200,000 between December 2025 and October 2026, a median AED 1,824 per sqft.
  • An one-bed of 701 to 791 sqft rents for AED 40,000 to 149,464 a year on the 53 contracts registered in the last 12 months.
  • Gross rental yield 7.2%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 3 November 2026.

Questions

How much does a two-bed in Binghatti Canal cost?

14 two-beds sold in the 12 months to November 2026, for AED 2,050,000 to 3,200,000; the median was AED 2,475,000, or AED 1,824 per sqft.

How much is an one-bed for rent in Binghatti Canal?

About AED 105,000 a year: that is the median of the 53 contracts for one-beds registered with Ejari in the 12 months to November 2026, from AED 40,000 to 149,464.

What is the rental yield in Binghatti Canal?

About 7.2% gross across the building, from about 7.2% for studios to 6.6% for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

Have prices in Binghatti Canal gone up?

The median price per sqft fell from about AED 2,105 to AED 2,008 over the 12 months to November 2026, down 4.6%, on 27 sales against 34 the year before.

What is the service charge in Binghatti Canal?

AED 17.68 per sqft a year. For a typical 1,273 sqft home that is about AED 22,500 a year.

Who built Binghatti Canal and when?

Binghatti; completed in 2023; 21 floors; 301 apartments.

How many apartments are there in Binghatti Canal?

301, studios to two-beds. Each has its own page with its full sales and rental history.

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