1206, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1206, Binghatti Canal
What is 1206 worth today?
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Source: Dubai Land Department. Updated 1 March 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,279 sqft
- Floor
- 12th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 22,600 /yr
- Last sold
- AED 1.75M · August 2022
- Building
- Binghatti Canal
About 1206, Binghatti Canal
1206 is a two-bedroom apartment of 1,279 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 30 August 2022 for AED 1,750,000, or AED 1,368 per sqft, 3% above the AED 1,327 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 1 March 2024. The current contract, signed on 1 March 2024, is AED 185,000 a year: a gross yield of 10.6% on the 2022 price, before the service charge of about AED 22,600 a year.
Sales and rents for 1206 over time
1206 has sold once; the dashed line is the two-bed median of each year in the building.
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 1206 sits
All 87 2-beds →1206 last sold in August 2022 at AED 1,368 per sqft, 3% above what two-beds in Binghatti Canal were fetching at the time (AED 1,327). 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. 1206's AED 185,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 27 Oct 202627 October 2026 | 2,068 sqft | 3,200,000 | 1,547 | ||
| 4 Sep 20264 September 2026 | 1,278 sqft | 2,525,000 | 1,975 | ||
| 21 Aug 202621 August 2026 | 1,323 sqft | 2,408,310 | 1,819 | ||
| 18 Jun 202618 June 2026 | 1,332 sqft | 2,300,000 | 1,726 |
Binghatti Canal
Building301 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%
Other units on the 12th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 454 sqft | AED 785KAED 785,000 · Nov 2022November 2022 | ||
| 1202 | 2-bed | 1,274 sqft | AED 2.4MAED 2,400,000 · May 2024May 2024 | 165,000 /yr | |
| 1203 | 1-bed | 703 sqft | AED 1.65MAED 1,650,000 · Mar 2025March 2025 | ||
| 1204 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 100,000 /yr | |
| 1205 | 1-bed | 707 sqft | AED 1.83MAED 1,830,000 · Apr 2025April 2025 | 100,000 /yr | |
| 1207 | Studio | 492 sqft | AED 840KAED 840,000 · Aug 2022August 2022 | 68,000 /yr | |
| 1208 | Studio | 488 sqft | AED 898KAED 897,880 · Jul 2022July 2022 | 67,500 /yr | |
| 1209 | 2-bed | 1,284 sqft | AED 1.65MAED 1,650,000 · Aug 2022August 2022 | ||
| 1210 | 1-bed | 717 sqft | AED 1.2MAED 1,200,000 · Aug 2022August 2022 | 110,000 /yr | |
| 1211 | 1-bed | 705 sqft | AED 1.22MAED 1,218,600 · Nov 2022November 2022 | ||
| 1212 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Sep 2022September 2022 | ||
| 1213 | 2-bed | 1,322 sqft | AED 1.8MAED 1,800,000 · Nov 2022November 2022 | ||
| 1214 | Studio | 447 sqft | AED 803KAED 802,750 · Aug 2022August 2022 | 62,000 /yr |
1206, Binghatti Canal in numbers
- Sold once: by Binghatti on 30 August 2022 for AED 1,750,000, or AED 1,368 per sqft.
- Rented since March 2024 on one Ejari contract, at AED 185,000 a year.
- At AED 185,000 a year the gross yield on the 2022 price is 10.6%, before a service charge of about AED 22,600 a year (AED 17.68 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 1 March 2024.
Questions about 1206, Binghatti Canal
What did unit 1206 last sell for?
AED 1,750,000 on 30 August 2022, sold by the developer: AED 1,368 per sqft for 1,279 sqft. It is the only registered sale of the unit.
What is the rent for unit 1206?
AED 185,000 a year on the contract signed on 1 March 2024.
How big is unit 1206?
1,279 sqft (118.8 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2023.
What is unit 1206 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 1206, Binghatti Canal
Starts from the last sale price (AED 1.75M, 30 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →