1-bed · 769 sqftBinghatti Canal, Business Bay · 1st floor · completed 2023

109, Binghatti Canal

Sold prices and rental history: sold twice, last in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 109 · DLD and Ejari recordsUpdated 1 September 2026
Last soldAED 1.15M16 June 2023
Current rentAED 95K /yr1 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 109, Binghatti Canal

What is 109 worth today?

Last sold for AED 1,150,000 in 2023

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1 Sep 2026RentedRenewal
AED 95,000/yr12 months · AED 123 per sqft
1 Sep 2025RentedRenewal
AED 115,000/yr12 months · AED 149 per sqft
1 Sep 2024RentedNew contract
AED 115,000/yr12 months · AED 149 per sqft
16 Jun 2023SoldOff-plan
AED 1,150,000AED 1,495 per sqft
31 Oct 2022Sold by developerOff-plan
AED 1,100,000AED 1,430 per sqft

Source: Dubai Land Department. Updated 1 September 2026.

Key facts

Type
1-bed apartment
Size
769 sqft
Floor
1st of 21
Parking
P2-66
Developer
Binghatti
Completed
2023
Service charge
AED 13,600 /yr
Last sold
AED 1.15M · June 2023

About 109, Binghatti Canal

109 is a one-bedroom apartment of 769 sqft on the 1st floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 16 June 2023 for AED 1,150,000, or AED 1,495 per sqft, 11% below the AED 1,679 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 1 September 2026, is AED 95,000 a year: a gross yield of 8.3% on the 2023 price, before the service charge of about AED 13,600 a year.

Sales and rents for 109 over time

Sales
Unit 109, 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, October 2022: AED 1,100,000 (AED 1,430 per sqft)Sold, June 2023: AED 1,150,000 (AED 1,495 per sqft)

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

Rents
Unit 109, each contractTypical one-bed in Binghatti Canal
100K202320252027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500New contract, September 2024: AED 115,000 a yearRenewal, September 2025: AED 115,000 a yearRenewal, September 2026: AED 95,000 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 109 sits

All 128 1-beds →

109 last sold in June 2023 at AED 1,495 per sqft, 11% below what one-beds in Binghatti Canal were fetching at the time (AED 1,679). 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. 109's AED 95,000 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 1st floor

All 301 units in Binghatti Canal
Value
101StudioAED 720K · Aug 2022
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
1–7 of 10

109, Binghatti Canal in numbers

  • Sold twice: first on 31 October 2022 for AED 1,100,000, last on 16 June 2023 for AED 1,150,000 (AED 1,495 per sqft).
  • Rented since September 2024 on 3 Ejari contracts, from AED 115,000 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 8.3%, before a service charge of about AED 13,600 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 September 2026.

Questions about 109, Binghatti Canal

What did unit 109 last sell for?

AED 1,150,000 on 16 June 2023: AED 1,495 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in October 2022.

What is the rent for unit 109?

AED 95,000 a year on the contract renewed on 1 September 2026. The previous contract, from September 2025, was AED 115,000; the unit has been rented since September 2024.

How big is unit 109?

769 sqft (71.4 sqm): a one-bedroom apartment on the 1st floor of a 21-storey tower completed in 2023.

What is unit 109 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 109, Binghatti Canal

Starts from the last sale price (AED 1.15M, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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