2-bed · 1,333 sqftBinghatti Canal, Business Bay · 10th floor · completed 2023

1009, Binghatti Canal

Sold prices and rental history: sold twice, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1009 · DLD and Ejari recordsUpdated 13 March 2024
Last soldAED 2.65M13 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1009, Binghatti Canal

What is 1009 worth today?

Last sold for AED 2,650,000 in 2024

Unlock today's estimate, updated daily, with

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

13 Mar 2024SoldReady
AED 2,650,000AED 1,988 per sqft
16 Aug 2022Sold by developerOff-plan
AED 1,700,000AED 1,275 per sqft

Source: Dubai Land Department. Updated 13 March 2024.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
10th of 21
Parking
P1-53
Developer
Binghatti
Completed
2023
Service charge
AED 23,600 /yr
Last sold
AED 2.65M · March 2024

About 1009, Binghatti Canal

1009 is a two-bedroom apartment of 1,333 sqft on the 10th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 13 March 2024 for AED 2,650,000, or AED 1,988 per sqft, 30% above the AED 1,532 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1009 over time

Sales
Unit 1009, 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, August 2022: AED 1,700,000 (AED 1,275 per sqft)Sold, March 2024: AED 2,650,000 (AED 1,988 per sqft)

1009 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1009, 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 1009 sits

All 87 2-beds →

1009 last sold in March 2024 at AED 1,988 per sqft, 30% above what two-beds in Binghatti Canal were fetching at the time (AED 1,532). 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
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

1009, Binghatti Canal in numbers

  • Sold twice: first on 16 August 2022 for AED 1,700,000, last on 13 March 2024 for AED 2,650,000 (AED 1,988 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 13 March 2024.

Questions about 1009, Binghatti Canal

What did unit 1009 last sell for?

AED 2,650,000 on 13 March 2024: AED 1,988 per sqft for 1,333 sqft. The unit has 2 registered sales; the first was AED 1,700,000 in August 2022.

How big is unit 1009?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 10th floor of a 21-storey tower completed in 2023.

What is unit 1009 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 1009? 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 1009, Binghatti Canal

Starts from the last sale price (AED 2.65M, 13 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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