2-bed · 1,331 sqftBinghatti Canal, Business Bay · 10th floor · completed 2023

1002, Binghatti Canal

Sold prices and rental history: sold once, by the developer in September 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1002 · DLD and Ejari recordsUpdated 7 September 2022
Last soldAED 1.8M7 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1002, Binghatti Canal

What is 1002 worth today?

Last sold for AED 1,800,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

7 Sep 2022Sold by developerOff-plan
AED 1,800,000AED 1,352 per sqft

Source: Dubai Land Department. Updated 7 September 2022.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
10th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 23,500 /yr
Last sold
AED 1.8M · September 2022

About 1002, Binghatti Canal

1002 is a two-bedroom apartment of 1,331 sqft on the 10th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 7 September 2022 for AED 1,800,000, or AED 1,352 per sqft, in line with the AED 1,352 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1002 over time

Sales
Unit 1002, each saleTypical two-bed in Binghatti Canal
2M2.5M202220242026Typical sale price by year: 2022 AED 1,800,000; 2023 AED 1,850,000; 2024 AED 2,400,000; 2025 AED 2,350,000; 2026 AED 2,466,655Sold by developer, September 2022: AED 1,800,000 (AED 1,352 per sqft)

1002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1002, each contractTypical two-bed in Binghatti Canal
160K165K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Binghatti Canal, and where 1002 sits

All 87 2-beds →

1002 last sold in September 2022 at AED 1,352 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,352). Over the last 12 months two-beds sold for AED 2,050,000 to 3,200,000, around AED 1,824 per sqft, and rent for AED 110,000 to 239,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
27 Oct 20263,200,000
4 Sep 20262,525,000
21 Aug 20262,408,310
18 Jun 20262,300,000
14 2-bed sales in the last 12 months

Binghatti Canal

Building

301 apartments, studios to 2-bed over 21 floors in Business Bay, completed in 2023 by Binghatti. 27 sold in the last 12 months.

Typical price per sqft
AED 2,008 Down 4.6%
Typical sale
AED 2.1M
Typical rent
AED 100K /yr
Typical yield
7.2%
Binghatti Canal, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 301 units in Binghatti Canal
Value
1001StudioAED 950K · Apr 2024
10031-bedAED 1.26M · Nov 2022
10041-bedAED 1.1M · Nov 2022
10051-bedAED 1.42M · Nov 2023
10062-bedAED 1.78M · Jul 2022
1007StudioAED 900K · Aug 2022
1008StudioAED 1.32M · Mar 2025
1–7 of 13

1002, Binghatti Canal in numbers

  • Sold once: by Binghatti on 7 September 2022 for AED 1,800,000, or AED 1,352 per sqft.
  • Two-beds in Binghatti Canal sold for AED 2,050,000–3,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,008 per sqft.

Source: Dubai Land Department. Updated 7 September 2022.

Questions about 1002, Binghatti Canal

What did unit 1002 last sell for?

AED 1,800,000 on 7 September 2022, sold by the developer: AED 1,352 per sqft for 1,331 sqft. It is the only registered sale of the unit.

How big is unit 1002?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2023.

What is unit 1002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Binghatti Canal sold for AED 2,050,000 to 3,200,000 in the last 12 months, around AED 1,824 per sqft.

Selling 1002? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1002, Binghatti Canal

Starts from the last sale price (AED 1.8M, 7 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →