1-bed · 703 sqftBinghatti Canal, Business Bay · 10th floor · completed 2023

1004, Binghatti Canal

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1004 · DLD and Ejari recordsUpdated 18 October 2026
Last soldAED 1.1M3 November 2022
Current rentAED 99K /yr18 October 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1004, Binghatti Canal

What is 1004 worth today?

Last sold for AED 1,100,000 in 2022

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18 Oct 2026RentedRenewal
AED 99,000/yr12 months · AED 141 per sqft
18 Oct 2025RentedRenewal
AED 99,000/yr12 months · AED 141 per sqft
18 Oct 2024RentedRenewal
AED 94,500/yr12 months · AED 135 per sqft
3 Nov 2022Sold by developerOff-plan
AED 1,100,000AED 1,564 per sqft

Source: Dubai Land Department. Updated 18 October 2026.

Key facts

Type
1-bed apartment
Size
703 sqft
Floor
10th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.1M · November 2022

About 1004, Binghatti Canal

1004 is a one-bedroom apartment of 703 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 3 November 2022 for AED 1,100,000, or AED 1,564 per sqft, 6% below the AED 1,672 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 18 October 2026, is AED 99,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 12,400 a year.

Sales and rents for 1004 over time

Sales
Unit 1004, each saleTypical one-bed in Binghatti Canal
1.2M1.4M1.6M202220242026Typical sale price by year: 2022 AED 1,196,000; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,500,000; 2026 AED 1,475,000Sold by developer, November 2022: AED 1,100,000 (AED 1,564 per sqft)

1004 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1004, each contractTypical one-bed in Binghatti Canal
90K100K110K202320252027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500Renewal, October 2024: AED 94,500 a yearRenewal, October 2025: AED 99,000 a yearRenewal, October 2026: AED 99,000 a year

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

1-beds in Binghatti Canal, and where 1004 sits

All 128 1-beds →

1004 last sold in November 2022 at AED 1,564 per sqft, 6% below what one-beds in Binghatti Canal were fetching at the time (AED 1,672). Over the last 12 months one-beds sold for AED 1,330,000 to 2,100,000, around AED 2,116 per sqft, and rent for AED 40,000 to 149,464 a year. 1004's AED 99,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
2 Nov 20261,350,000
14 Aug 20261,330,000
11 Aug 20261,500,000
3 Apr 20262,100,000
8 1-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
10022-bedAED 1.8M · Sep 2022
10031-bedAED 1.26M · 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

1004, Binghatti Canal in numbers

  • Sold once: by Binghatti on 3 November 2022 for AED 1,100,000, or AED 1,564 per sqft.
  • Rented since October 2024 on 3 Ejari contracts, from AED 94,500 to AED 99,000 a year.
  • At AED 99,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 12,400 a year (AED 17.68 per sqft).
  • One-beds in Binghatti Canal sold for AED 1,330,000–2,100,000 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 18 October 2026.

Questions about 1004, Binghatti Canal

What did unit 1004 last sell for?

AED 1,100,000 on 3 November 2022, sold by the developer: AED 1,564 per sqft for 703 sqft. It is the only registered sale of the unit.

What is the rent for unit 1004?

AED 99,000 a year on the contract renewed on 18 October 2026. The previous contract, from October 2025, was AED 99,000; the unit has been rented since October 2024.

How big is unit 1004?

703 sqft (65.3 sqm): a one-bedroom apartment on the 10th floor of a 21-storey tower completed in 2023.

What is unit 1004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Binghatti Canal sold for AED 1,330,000 to 2,100,000 in the last 12 months, around AED 2,116 per sqft.

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Mortgage on 1004, Binghatti Canal

Starts from the last sale price (AED 1.1M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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