1-bed · 704 sqftBinghatti Canal, Business Bay · 20th floor · completed 2023

2012, Binghatti Canal

Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2012 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 1.3M8 November 2022
Current rentAED 95K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2012, Binghatti Canal

What is 2012 worth today?

Last sold for AED 1,296,990 in 2022

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15 Oct 2025RentedNew contract
AED 95,000/yr12 months · AED 136 per sqft
30 Nov 2024RentedRenewal
AED 95,000/yr12 months · AED 136 per sqft
30 Nov 2024RentedRenewal
AED 95,000/yr12 months · AED 136 per sqft
8 Nov 2022Sold by developerOff-plan
AED 1,296,990AED 1,842 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
20th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.3M · November 2022

About 2012, Binghatti Canal

2012 is a one-bedroom apartment of 704 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 8 November 2022 for AED 1,296,990, or AED 1,842 per sqft, 10% above the AED 1,672 one-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, signed on 15 October 2025, is AED 95,000 a year: a gross yield of 7.3% on the 2022 price, before the service charge of about AED 12,400 a year.

Sales and rents for 2012 over time

Sales
Unit 2012, each saleTypical one-bed in Binghatti Canal
1.2M1.4M202220242026Typical 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, November 2022: AED 1,296,990 (AED 1,842 per sqft)

2012 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2012, 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, November 2024: AED 95,000 a yearRenewal, November 2024: AED 95,000 a yearNew contract, October 2025: AED 95,000 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 2012 sits

All 128 1-beds →

2012 last sold in November 2022 at AED 1,842 per sqft, 10% above what one-beds in Binghatti Canal were fetching at the time (AED 1,672). 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. 2012's AED 95,000 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 20th floor

All 301 units in Binghatti Canal
Value
2001StudioAED 935K · Aug 2022
20022-bedAED 2.45M · Sep 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
1–7 of 13

2012, Binghatti Canal in numbers

  • Sold once: by Binghatti on 8 November 2022 for AED 1,296,990, or AED 1,842 per sqft.
  • Rented since November 2024 on 3 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2022 price is 7.3%, before a service charge of about AED 12,400 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 15 October 2025.

Questions about 2012, Binghatti Canal

What did unit 2012 last sell for?

AED 1,296,990 on 8 November 2022, sold by the developer: AED 1,842 per sqft for 704 sqft. It is the only registered sale of the unit.

What is the rent for unit 2012?

AED 95,000 a year on the contract signed on 15 October 2025. The previous contract, from November 2024, was AED 95,000; the unit has been rented since November 2024.

How big is unit 2012?

704 sqft (65.4 sqm): a one-bedroom apartment on the 20th floor of a 21-storey tower completed in 2023.

What is unit 2012 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 2012, Binghatti Canal

Starts from the last sale price (AED 1.3M, 8 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,296,990
Deposit, UAE resident (20%)
AED 259,398
Deposit, non-resident (40%)
AED 518,796
Monthly over 25 years at 3.7%
AED 5,306

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