Studio · 488 sqftBinghatti Canal, Business Bay · 10th floor · completed 2023

1008, Binghatti Canal

Sold prices and rental history: sold 3 times, last in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1008 · DLD and Ejari recordsUpdated 20 March 2025
Last soldAED 1.32M20 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1008, Binghatti Canal

What is 1008 worth today?

Last sold for AED 1,315,000 in 2025

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20 Mar 2025SoldReady
AED 1,315,000AED 2,695 per sqft
12 Jan 2024SoldReady
AED 1,230,000AED 2,520 per sqft
15 Aug 2022Sold by developerOff-plan
AED 883,880AED 1,807 per sqft

Source: Dubai Land Department. Updated 20 March 2025.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
10th of 21
Parking
P3-50
Developer
Binghatti
Completed
2023
Service charge
AED 8,600 /yr
Last sold
AED 1.32M · March 2025

About 1008, Binghatti Canal

1008 is a studio of 488 sqft on the 10th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 20 March 2025 for AED 1,315,000, or AED 2,695 per sqft, 22% above the AED 2,204 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1008 over time

Sales
Unit 1008, each saleTypical studio in Binghatti Canal
750K1M1.25M20222023202420252026Typical sale price by year: 2022 AED 831,250; 2023 AED 950,000; 2024 AED 1,130,000; 2025 AED 980,000Sold by developer, August 2022: AED 883,880 (AED 1,807 per sqft)Sold, January 2024: AED 1,230,000 (AED 2,520 per sqft)Sold, March 2025: AED 1,315,000 (AED 2,695 per sqft)

1008 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 1008, each contractTypical studio in Binghatti Canal
75K80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194

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

Studios in Binghatti Canal, and where 1008 sits

All 86 studios →

1008 last sold in March 2025 at AED 2,695 per sqft, 22% above what studios in Binghatti Canal were fetching at the time (AED 2,204). Over the last 12 months studios sold for AED 980,000 to 1,350,000, around AED 2,178 per sqft, and rent for AED 34,000 to 95,000 a year.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026980,000
6 Mar 20261,350,000
11 Dec 2025980,000
3 Dec 20251,270,000
5 studio 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
10041-bedAED 1.1M · Nov 2022
10051-bedAED 1.42M · Nov 2023
10062-bedAED 1.78M · Jul 2022
1007StudioAED 900K · Aug 2022
1–7 of 13

1008, Binghatti Canal in numbers

  • Sold 3 times: first on 15 August 2022 for AED 883,880, last on 20 March 2025 for AED 1,315,000 (AED 2,695 per sqft).
  • Studios in Binghatti Canal sold for AED 980,000–1,350,000 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 20 March 2025.

Questions about 1008, Binghatti Canal

What did unit 1008 last sell for?

AED 1,315,000 on 20 March 2025: AED 2,695 per sqft for 488 sqft. The unit has 3 registered sales; the first was AED 883,880 in August 2022.

How big is unit 1008?

488 sqft (45.3 sqm): a studio on the 10th floor of a 21-storey tower completed in 2023.

What is unit 1008 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Canal sold for AED 980,000 to 1,350,000 in the last 12 months, around AED 2,178 per sqft.

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Mortgage on 1008, Binghatti Canal

Starts from the last sale price (AED 1.32M, 20 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,315,000
Deposit, UAE resident (20%)
AED 263,000
Deposit, non-resident (40%)
AED 526,000
Monthly over 25 years at 3.7%
AED 5,380

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