2-bed · 1,333 sqftBinghatti Canal, Business Bay · 11th floor · completed 2023

1109, 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 1109 · DLD and Ejari recordsUpdated 29 March 2024
Last soldAED 2.59M29 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1109, Binghatti Canal

What is 1109 worth today?

Last sold for AED 2,590,000 in 2024

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29 Mar 2024SoldReady
AED 2,590,000AED 1,942 per sqft
22 Feb 2024Sold by developerReady
AED 1,000,000AED 750 per sqft

Source: Dubai Land Department. Updated 29 March 2024.

Key facts

Type
2-bed apartment
Size
1,333 sqft
Floor
11th of 21
Parking
B-71
Developer
Binghatti
Completed
2023
Service charge
AED 23,600 /yr
Last sold
AED 2.59M · March 2024

About 1109, Binghatti Canal

1109 is a two-bedroom apartment of 1,333 sqft on the 11th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 29 March 2024 for AED 2,590,000, or AED 1,942 per sqft, 20% above the AED 1,624 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1109 over time

Sales
Unit 1109, each saleTypical two-bed in Binghatti Canal
1M2M202220242026Typical 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, February 2024: AED 1,000,000 (AED 750 per sqft)Sold, March 2024: AED 2,590,000 (AED 1,942 per sqft)

1109 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1109, 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 1109 sits

All 87 2-beds →

1109 last sold in March 2024 at AED 1,942 per sqft, 20% above what two-beds in Binghatti Canal were fetching at the time (AED 1,624). 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 11th floor

All 301 units in Binghatti Canal
Value
1101StudioAED 798K · Aug 2022
11022-bedAED 1.92M · Nov 2022
11031-bedAED 1.68M · Dec 2023
11041-bedAED 1.33M · Aug 2026
11051-bedAED 2.1M · Apr 2026
11062-bedAED 2.43M · Dec 2025
1107StudioAED 850K · Jul 2022
1–7 of 13

1109, Binghatti Canal in numbers

  • Sold twice: first on 22 February 2024 for AED 1,000,000, last on 29 March 2024 for AED 2,590,000 (AED 1,942 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 29 March 2024.

Questions about 1109, Binghatti Canal

What did unit 1109 last sell for?

AED 2,590,000 on 29 March 2024: AED 1,942 per sqft for 1,333 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in February 2024.

How big is unit 1109?

1,333 sqft (123.8 sqm): a two-bedroom apartment on the 11th floor of a 21-storey tower completed in 2023.

What is unit 1109 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.

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Mortgage on 1109, Binghatti Canal

Starts from the last sale price (AED 2.59M, 29 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,590,000
Deposit, UAE resident (20%)
AED 518,000
Deposit, non-resident (40%)
AED 1,036,000
Monthly over 25 years at 3.7%
AED 10,596

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