1-bed · 707 sqftBinghatti Canal, Business Bay · 12th floor · completed 2023

1205, Binghatti Canal

Sold prices and rental history: sold twice, last in April 2025, and rented once, from August 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1205 · DLD and Ejari recordsUpdated 16 April 2025
Last soldAED 1.83M16 April 2025
Current rentAED 100K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1205, Binghatti Canal

What is 1205 worth today?

Last sold for AED 1,830,000 in 2025

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16 Apr 2025SoldReady
AED 1,830,000AED 2,587 per sqft
1 Aug 2024RentedRenewal
AED 100,000/yr12 months · AED 141 per sqft
7 Jul 2022Sold by developerOff-plan
AED 1,000,000AED 1,414 per sqft

Source: Dubai Land Department. Updated 16 April 2025.

Key facts

Type
1-bed apartment
Size
707 sqft
Floor
12th of 21
Parking
P3-14
Developer
Binghatti
Completed
2023
Service charge
AED 12,500 /yr
Last sold
AED 1.83M · April 2025

About 1205, Binghatti Canal

1205 is a one-bedroom apartment of 707 sqft on the 12th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 16 April 2025 for AED 1,830,000, or AED 2,587 per sqft, 15% above the AED 2,257 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 August 2024. The current contract, renewed on 1 August 2024, is AED 100,000 a year: a gross yield of 5.5% on the 2025 price, before the service charge of about AED 12,500 a year.

Sales and rents for 1205 over time

Sales
Unit 1205, each saleTypical one-bed in Binghatti Canal
1M1.5M202220242026Typical 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, July 2022: AED 1,000,000 (AED 1,414 per sqft)Sold, April 2025: AED 1,830,000 (AED 2,587 per sqft)

1205 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1205, each contractTypical one-bed in Binghatti Canal
90K100K110K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500Renewal, August 2024: AED 100,000 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 1205 sits

All 128 1-beds →

1205 last sold in April 2025 at AED 2,587 per sqft, 15% above what one-beds in Binghatti Canal were fetching at the time (AED 2,257). 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. 1205's AED 100,000 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 12th floor

All 301 units in Binghatti Canal
Value
1201StudioAED 785K · Nov 2022
12022-bedAED 2.4M · May 2024
12031-bedAED 1.65M · Mar 2025
12041-bedAED 1.1M · Aug 2022
12062-bedAED 1.75M · Aug 2022
1207StudioAED 840K · Aug 2022
1208StudioAED 898K · Jul 2022
1–7 of 13

1205, Binghatti Canal in numbers

  • Sold twice: first on 7 July 2022 for AED 1,000,000, last on 16 April 2025 for AED 1,830,000 (AED 2,587 per sqft).
  • Rented since August 2024 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2025 price is 5.5%, before a service charge of about AED 12,500 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 16 April 2025.

Questions about 1205, Binghatti Canal

What did unit 1205 last sell for?

AED 1,830,000 on 16 April 2025: AED 2,587 per sqft for 707 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in July 2022.

What is the rent for unit 1205?

AED 100,000 a year on the contract renewed on 1 August 2024.

How big is unit 1205?

707 sqft (65.7 sqm): a one-bedroom apartment on the 12th floor of a 21-storey tower completed in 2023.

What is unit 1205 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 1205, Binghatti Canal

Starts from the last sale price (AED 1.83M, 16 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,830,000
Deposit, UAE resident (20%)
AED 366,000
Deposit, non-resident (40%)
AED 732,000
Monthly over 25 years at 3.7%
AED 7,487

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