2-bed · 1,332 sqftBinghatti Canal, Business Bay · 2nd floor · completed 2023

202, Binghatti Canal

Sold prices and rental history: sold twice, last in May 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 202 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 2.2M12 May 2025
Current rentAED 140K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Binghatti Canal

What is 202 worth today?

Last sold for AED 2,200,000 in 2025

Unlock today's estimate, updated daily, with

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

1 Feb 2026RentedNew contract
AED 140,000/yr12 months · AED 105 per sqft
12 May 2025SoldReady
AED 2,200,000AED 1,652 per sqft
6 Sep 2022Sold by developerOff-plan
AED 1,800,000AED 1,352 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed apartment
Size
1,332 sqft
Floor
2nd of 21
Parking
B-42
Developer
Binghatti
Completed
2023
Service charge
AED 23,500 /yr
Last sold
AED 2.2M · May 2025

About 202, Binghatti Canal

202 is a two-bedroom apartment of 1,332 sqft on the 2nd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 12 May 2025 for AED 2,200,000, or AED 1,652 per sqft, 14% below the AED 1,924 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 1 February 2026. The current contract, signed on 1 February 2026, is AED 140,000 a year: a gross yield of 6.4% on the 2025 price, before the service charge of about AED 23,500 a year.

Sales and rents for 202 over time

Sales
Unit 202, 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 1,800,000 (AED 1,352 per sqft)Sold, May 2025: AED 2,200,000 (AED 1,652 per sqft)

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

Rents
Unit 202, each contractTypical two-bed in Binghatti Canal
140K160K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431New contract, February 2026: AED 140,000 a year

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 202 sits

All 87 2-beds →

202 last sold in May 2025 at AED 1,652 per sqft, 14% below what two-beds in Binghatti Canal were fetching at the time (AED 1,924). 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. 202's AED 140,000 is in the lower half of that range.

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 2nd floor

All 301 units in Binghatti Canal
Value
201StudioAED 831K · Sep 2023
2031-bedAED 1.07M · Sep 2022
2041-bedAED 1.1M · Aug 2022
2051-bedAED 1.1M · Aug 2022
2062-bedAED 1.6M · Aug 2022
207StudioAED 843K · May 2022
208StudioAED 1.15M · Nov 2024
1–7 of 13

202, Binghatti Canal in numbers

  • Sold twice: first on 6 September 2022 for AED 1,800,000, last on 12 May 2025 for AED 2,200,000 (AED 1,652 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 6.4%, before a service charge of about AED 23,500 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 February 2026.

Questions about 202, Binghatti Canal

What did unit 202 last sell for?

AED 2,200,000 on 12 May 2025: AED 1,652 per sqft for 1,332 sqft. The unit has 2 registered sales; the first was AED 1,800,000 in September 2022.

What is the rent for unit 202?

AED 140,000 a year on the contract signed on 1 February 2026.

How big is unit 202?

1,332 sqft (123.7 sqm): a two-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2023.

What is unit 202 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 202? 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 202, Binghatti Canal

Starts from the last sale price (AED 2.2M, 12 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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