2-bed · 1,273 sqftBinghatti Canal, Business Bay · 20th floor · completed 2023

2002, Binghatti Canal

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

Unit 2002 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 2.45M2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2002, Binghatti Canal

What is 2002 worth today?

Last sold for AED 2,450,000 in 2022

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2 Sep 2022Sold by developerOff-plan
AED 2,450,000AED 1,924 per sqft

Source: Dubai Land Department. Updated 2 September 2022.

Key facts

Type
2-bed apartment
Size
1,273 sqft
Floor
20th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 22,500 /yr
Last sold
AED 2.45M · September 2022

About 2002, Binghatti Canal

2002 is a two-bedroom apartment of 1,273 sqft on the 20th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 2 September 2022 for AED 2,450,000, or AED 1,924 per sqft, 42% above the AED 1,352 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2002 over time

Sales
Unit 2002, each saleTypical two-bed in Binghatti Canal
2M2.5M202220242026Typical sale price by year: 2022 AED 1,800,000; 2023 AED 1,850,000; 2024 AED 2,400,000; 2025 AED 2,350,000; 2026 AED 2,466,655Sold by developer, September 2022: AED 2,450,000 (AED 1,924 per sqft)

2002 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2002, each contractTypical two-bed in Binghatti Canal
160K165K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431

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 2002 sits

All 87 2-beds →

2002 last sold in September 2022 at AED 1,924 per sqft, 42% above what two-beds in Binghatti Canal were fetching at the time (AED 1,352). 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 salesUnit no.Price (AED)Summary
27 Oct 20263,200,000
4 Sep 20262,525,000
21 Aug 20262,408,310
18 Jun 20262,300,000
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 20th floor

All 301 units in Binghatti Canal
Value
2001StudioAED 935K · Aug 2022
20031-bedAED 1.36M · Sep 2022
20041-bedAED 1.32M · Sep 2022
20051-bedAED 1.3M · Sep 2022
20062-bedAED 2.03M · Jul 2022
2007StudioAED 950K · Jul 2023
2008StudioAED 968K · Feb 2023
1–7 of 13

2002, Binghatti Canal in numbers

  • Sold once: by Binghatti on 2 September 2022 for AED 2,450,000, or AED 1,924 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 2 September 2022.

Questions about 2002, Binghatti Canal

What did unit 2002 last sell for?

AED 2,450,000 on 2 September 2022, sold by the developer: AED 1,924 per sqft for 1,273 sqft. It is the only registered sale of the unit.

How big is unit 2002?

1,273 sqft (118.3 sqm): a two-bedroom apartment on the 20th floor of a 21-storey tower completed in 2023.

What is unit 2002 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 2002, Binghatti Canal

Starts from the last sale price (AED 2.45M, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

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