1012, Binghatti Canal
Sold prices and rental history: sold once, by the developer in November 2022, and rented continuously since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1012, Binghatti Canal
What is 1012 worth today?
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Source: Dubai Land Department. Updated 1 February 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 1.2M · November 2022
- Building
- Binghatti Canal
About 1012, Binghatti Canal
1012 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 1,196,000, or AED 1,701 per sqft, in line with the AED 1,672 one-beds in the building were fetching at the time.
It has been rented continuously since 2024 on 4 Ejari contracts. The current contract, signed on 1 February 2026, is AED 110,000 a year: a gross yield of 9.2% on the 2022 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1012 over time
1012 has sold once; the dashed line is the one-bed median of each year in the building.
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 1012 sits
All 128 1-beds →1012 last sold in November 2022 at AED 1,701 per sqft, in line with 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. 1012's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 702 sqft | 1,350,000 | 1,921 | ||
| 14 Aug 202614 August 2026 | 704 sqft | 1,330,000 | 1,890 | ||
| 11 Aug 202611 August 2026 | 707 sqft | 1,500,000 | 2,120 | ||
| 3 Apr 20263 April 2026 | 707 sqft | 2,100,000 | 2,969 |
Binghatti Canal
Building301 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%
Other units on the 10th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | Studio | 450 sqft | AED 950KAED 950,000 · Apr 2024April 2024 | ||
| 1002 | 2-bed | 1,331 sqft | AED 1.8MAED 1,800,000 · Sep 2022September 2022 | ||
| 1003 | 1-bed | 702 sqft | AED 1.26MAED 1,256,764 · Nov 2022November 2022 | 130,000 /yr | |
| 1004 | 1-bed | 703 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | 99,000 /yr | |
| 1005 | 1-bed | 706 sqft | AED 1.42MAED 1,420,000 · Nov 2023November 2023 | 115,000 /yr | |
| 1006 | 2-bed | 1,327 sqft | AED 1.78MAED 1,778,400 · Jul 2022July 2022 | 160,431 /yr | |
| 1007 | Studio | 494 sqft | AED 900KAED 900,000 · Aug 2022August 2022 | ||
| 1008 | Studio | 488 sqft | AED 1.32MAED 1,315,000 · Mar 2025March 2025 | ||
| 1009 | 2-bed | 1,333 sqft | AED 2.65MAED 2,650,000 · Mar 2024March 2024 | ||
| 1010 | 1-bed | 717 sqft | AED 1.21MAED 1,213,760 · Sep 2022September 2022 | ||
| 1011 | 1-bed | 704 sqft | AED 1.5MAED 1,500,000 · May 2025May 2025 | ||
| 1013 | 2-bed | 1,378 sqft | AED 2.3MAED 2,300,000 · Feb 2026February 2026 | ||
| 1014 | Studio | 451 sqft | AED 800KAED 800,000 · Aug 2022August 2022 | 75,000 /yr |
1012, Binghatti Canal in numbers
- Sold once: by Binghatti on 3 November 2022 for AED 1,196,000, or AED 1,701 per sqft.
- Rented since October 2024 on 4 Ejari contracts, from AED 120,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 9.2%, 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 1 February 2026.
Questions about 1012, Binghatti Canal
What did unit 1012 last sell for?
AED 1,196,000 on 3 November 2022, sold by the developer: AED 1,701 per sqft for 703 sqft. It is the only registered sale of the unit.
What is the rent for unit 1012?
AED 110,000 a year on the contract signed on 1 February 2026. The previous contract, from May 2025, was AED 120,000; the unit has been rented since October 2024.
How big is unit 1012?
703 sqft (65.3 sqm): a one-bedroom apartment on the 10th floor of a 21-storey tower completed in 2023.
What is unit 1012 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 1012, Binghatti Canal
Starts from the last sale price (AED 1.2M, 3 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,196,000
- Deposit, UAE resident (20%)
- AED 239,200
- Deposit, non-resident (40%)
- AED 478,400
- Monthly over 25 years at 3.7%
- AED 4,893
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →