Studio · 447 sqftBinghatti Canal, Business Bay · 11th floor · completed 2023

1114, Binghatti Canal

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

Unit 1114 · DLD and Ejari recordsUpdated 16 August 2024
Last soldAED 935K16 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1114, Binghatti Canal

What is 1114 worth today?

Last sold for AED 935,000 in 2024

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16 Aug 2024SoldReady
AED 935,000AED 2,092 per sqft
10 Aug 2022Sold by developerOff-plan
AED 745,000AED 1,664 per sqft

Source: Dubai Land Department. Updated 16 August 2024.

Key facts

Type
Studio apartment
Size
447 sqft
Floor
11th of 21
Parking
P1-31
Developer
Binghatti
Completed
2023
Service charge
AED 7,900 /yr
Last sold
AED 935K · August 2024

About 1114, Binghatti Canal

1114 is a studio of 447 sqft on the 11th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 16 August 2024 for AED 935,000, or AED 2,092 per sqft, in line with the AED 2,111 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1114 over time

Sales
Unit 1114, each saleTypical studio in Binghatti Canal
800K1M20222023202420252026Typical 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 745,000 (AED 1,664 per sqft)Sold, August 2024: AED 935,000 (AED 2,092 per sqft)

1114 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 1114, each contractTypical studio in Binghatti Canal
75K80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194

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 1114 sits

All 86 studios →

1114 last sold in August 2024 at AED 2,092 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 2,111). 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.

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 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

1114, Binghatti Canal in numbers

  • Sold twice: first on 10 August 2022 for AED 745,000, last on 16 August 2024 for AED 935,000 (AED 2,092 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 16 August 2024.

Questions about 1114, Binghatti Canal

What did unit 1114 last sell for?

AED 935,000 on 16 August 2024: AED 2,092 per sqft for 447 sqft. The unit has 2 registered sales; the first was AED 745,000 in August 2022.

How big is unit 1114?

447 sqft (41.5 sqm): a studio on the 11th floor of a 21-storey tower completed in 2023.

What is unit 1114 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 1114, Binghatti Canal

Starts from the last sale price (AED 935K, 16 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 935,000
Deposit, UAE resident (20%)
AED 187,000
Deposit, non-resident (40%)
AED 374,000
Monthly over 25 years at 3.7%
AED 3,825

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