Studio · 449 sqftBinghatti Canal, Business Bay · 1st floor · completed 2023

101, Binghatti Canal

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 101 · DLD and Ejari recordsUpdated 27 October 2023
Last soldAED 720K26 August 2022
Current rentAED 65K /yr27 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 101, Binghatti Canal

What is 101 worth today?

Last sold for AED 720,000 in 2022

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27 Oct 2023RentedNew contract
AED 65,000/yr12 months · AED 145 per sqft
26 Aug 2022Sold by developerOff-plan
AED 720,000AED 1,602 per sqft

Source: Dubai Land Department. Updated 27 October 2023.

Key facts

Type
Studio apartment
Size
449 sqft
Floor
1st of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 7,900 /yr
Last sold
AED 720K · August 2022

About 101, Binghatti Canal

101 is a studio of 449 sqft on the 1st floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 26 August 2022 for AED 720,000, or AED 1,602 per sqft, 9% below the AED 1,766 studios in the building were fetching at the time.

One Ejari contract is registered, from 27 October 2023. The current contract, signed on 27 October 2023, is AED 65,000 a year: a gross yield of 9.0% on the 2022 price, before the service charge of about AED 7,900 a year.

Sales and rents for 101 over time

Sales
Unit 101, each saleTypical studio in Binghatti Canal
800K1M1.2M20222023202420252026Typical 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 720,000 (AED 1,602 per sqft)

101 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 101, each contractTypical studio in Binghatti Canal
70K80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194New contract, October 2023: AED 65,000 a year

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 101 sits

All 86 studios →

101 last sold in August 2022 at AED 1,602 per sqft, 9% below what studios in Binghatti Canal were fetching at the time (AED 1,766). 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. 101's AED 65,000 is in the upper half of that range.

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 1st floor

All 301 units in Binghatti Canal
Value
1022-bedAED 1.85M · Nov 2022
1031-bedAED 1.15M · Sep 2022
1041-bedAED 1.4M · Aug 2025
1051-bedAED 1.58M · May 2025
1062-bedAED 1.8M · Oct 2022
1071-bedAED 1.5M · Dec 2024
1081-bedAED 1.1M · Dec 2022
1–7 of 10

101, Binghatti Canal in numbers

  • Sold once: by Binghatti on 26 August 2022 for AED 720,000, or AED 1,602 per sqft.
  • Rented since October 2023 on one Ejari contract, at AED 65,000 a year.
  • At AED 65,000 a year the gross yield on the 2022 price is 9.0%, before a service charge of about AED 7,900 a year (AED 17.68 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 27 October 2023.

Questions about 101, Binghatti Canal

What did unit 101 last sell for?

AED 720,000 on 26 August 2022, sold by the developer: AED 1,602 per sqft for 449 sqft. It is the only registered sale of the unit.

What is the rent for unit 101?

AED 65,000 a year on the contract signed on 27 October 2023.

How big is unit 101?

449 sqft (41.7 sqm): a studio on the 1st floor of a 21-storey tower completed in 2023.

What is unit 101 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 101, Binghatti Canal

Starts from the last sale price (AED 720K, 26 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 720,000
Deposit, UAE resident (20%)
AED 144,000
Deposit, non-resident (40%)
AED 288,000
Monthly over 25 years at 3.7%
AED 2,946

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