Studio · 454 sqftBinghatti Canal, Business Bay · 12th floor · completed 2023

1201, Binghatti Canal

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1201 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 785K3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1201, Binghatti Canal

What is 1201 worth today?

Last sold for AED 785,000 in 2022

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3 Nov 2022Sold by developerOff-plan
AED 785,000AED 1,728 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
Studio apartment
Size
454 sqft
Floor
12th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,000 /yr
Last sold
AED 785K · November 2022

About 1201, Binghatti Canal

1201 is a studio of 454 sqft on the 12th 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 785,000, or AED 1,728 per sqft, in line with the AED 1,731 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1201 over time

Sales
Unit 1201, 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, November 2022: AED 785,000 (AED 1,728 per sqft)

1201 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1201, 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 1201 sits

All 86 studios →

1201 last sold in November 2022 at AED 1,728 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,731). 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 12th floor

All 301 units in Binghatti Canal
Value
12022-bedAED 2.4M · May 2024
12031-bedAED 1.65M · Mar 2025
12041-bedAED 1.1M · Aug 2022
12051-bedAED 1.83M · Apr 2025
12062-bedAED 1.75M · Aug 2022
1207StudioAED 840K · Aug 2022
1208StudioAED 898K · Jul 2022
1–7 of 13

1201, Binghatti Canal in numbers

  • Sold once: by Binghatti on 3 November 2022 for AED 785,000, or AED 1,728 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 3 November 2022.

Questions about 1201, Binghatti Canal

What did unit 1201 last sell for?

AED 785,000 on 3 November 2022, sold by the developer: AED 1,728 per sqft for 454 sqft. It is the only registered sale of the unit.

How big is unit 1201?

454 sqft (42.2 sqm): a studio on the 12th floor of a 21-storey tower completed in 2023.

What is unit 1201 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 1201, Binghatti Canal

Starts from the last sale price (AED 785K, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 785,000
Deposit, UAE resident (20%)
AED 157,000
Deposit, non-resident (40%)
AED 314,000
Monthly over 25 years at 3.7%
AED 3,212

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