2-bed · 1,284 sqftBinghatti Canal, Business Bay · 12th floor · completed 2023

1209, Binghatti Canal

Name: Yalla Value Property Public Auction LLC
Address: Empire Heights, Office No. B-02-15, Floor P3, Business Bay, Dubai, AE
Telephone: +971585995901

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

Follow 1209

Unit 1209 · DLD and Ejari recordsUpdated 16 August 2022

Last soldAED 1.65M16 August 2022

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1209

Property timeline for 1209, Binghatti Canal

Today

What is 1209 worth today?

Last sold for AED 1,650,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

16 Aug 2022

16 Aug 2022Sold by developerOff-plan

AED 1,650,000AED 1,284 per sqft

Source: Dubai Land Department. Updated 16 August 2022.

Key facts

Type: 2-bed apartment
Size: 1,284 sqft
Floor: 12th of 21
Parking: 1
Developer: Binghatti
Completed: 2023
Service charge: AED 22,700 /yr
Last sold: AED 1.65M · August 2022
Building: Binghatti Canal

About 1209, Binghatti Canal

1209 is a two-bedroom apartment of 1,284 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 16 August 2022 for AED 1,650,000, or AED 1,284 per sqft, in line with the AED 1,314 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1209 over time

Sales

Unit 1209, each saleTypical two-bed in Binghatti Canal

1209 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1209, each contractTypical two-bed in Binghatti Canal

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 1209 sits

All 87 2-beds →

2-beds in Binghatti Canal · last 12 months1,824 /sqft Binghatti Canal · all types2,008 /sqft

1209 last sold in August 2022 at AED 1,284 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,314). 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 sales	Size	Price (AED)	Per sqft
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

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 12th floor

All 301 units in Binghatti Canal


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
1206	2-bed	1,279 sqft	AED 1.75MAED 1,750,000 · Aug 2022August 2022	185,000 /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
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

1–7 of 13

1209, Binghatti Canal in numbers

Sold once: by Binghatti on 16 August 2022 for AED 1,650,000, or AED 1,284 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 16 August 2022.

Questions about 1209, Binghatti Canal

What did unit 1209 last sell for?

AED 1,650,000 on 16 August 2022, sold by the developer: AED 1,284 per sqft for 1,284 sqft. It is the only registered sale of the unit.

How big is unit 1209?

1,284 sqft (119.3 sqm): a two-bedroom apartment on the 12th floor of a 21-storey tower completed in 2023.

What is unit 1209 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.

Selling 1209? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 1209, Binghatti Canal

Starts from the last sale price (AED 1.65M, 16 August 2022). Switch to today's estimate once you have unlocked it.

Price: AED 1,650,000
Deposit, UAE resident (20%): AED 330,000
Deposit, non-resident (40%): AED 660,000
Monthly over 25 years at 3.7%: AED 6,751

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