1-bed · 702 sqftBinghatti Canal, Business Bay · 2nd floor · completed 2023

203, Binghatti Canal

Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from January 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 203 · DLD and Ejari recordsUpdated 15 January 2026
Last soldAED 1.07M6 September 2022
Current rentAED 120K /yr15 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 203, Binghatti Canal

What is 203 worth today?

Last sold for AED 1,070,000 in 2022

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15 Jan 2026RentedNew contract
AED 120,000/yr12 months · AED 172 per sqft
6 Sep 2022Sold by developerOff-plan
AED 1,070,000AED 1,525 per sqft

Source: Dubai Land Department. Updated 15 January 2026.

Key facts

Type
1-bed apartment
Size
702 sqft
Floor
2nd of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.07M · September 2022

About 203, Binghatti Canal

203 is a one-bedroom apartment of 702 sqft on the 2nd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 6 September 2022 for AED 1,070,000, or AED 1,525 per sqft, 8% below the AED 1,664 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 15 January 2026. The current contract, signed on 15 January 2026, is AED 120,000 a year: a gross yield of 11.2% on the 2022 price, before the service charge of about AED 12,400 a year.

Sales and rents for 203 over time

Sales
Unit 203, each saleTypical one-bed in Binghatti Canal
1M1.25M1.5M202220242026Typical 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, September 2022: AED 1,070,000 (AED 1,525 per sqft)

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

Rents
Unit 203, each contractTypical one-bed in Binghatti Canal
100K120K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500New contract, January 2026: AED 120,000 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 203 sits

All 128 1-beds →

203 last sold in September 2022 at AED 1,525 per sqft, 8% below what one-beds in Binghatti Canal were fetching at the time (AED 1,664). 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. 203's AED 120,000 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 2nd floor

All 301 units in Binghatti Canal
Value
201StudioAED 831K · Sep 2023
2022-bedAED 2.2M · May 2025
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

203, Binghatti Canal in numbers

  • Sold once: by Binghatti on 6 September 2022 for AED 1,070,000, or AED 1,525 per sqft.
  • Rented since January 2026 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 11.2%, 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 January 2026.

Questions about 203, Binghatti Canal

What did unit 203 last sell for?

AED 1,070,000 on 6 September 2022, sold by the developer: AED 1,525 per sqft for 702 sqft. It is the only registered sale of the unit.

What is the rent for unit 203?

AED 120,000 a year on the contract signed on 15 January 2026.

How big is unit 203?

702 sqft (65.2 sqm): a one-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2023.

What is unit 203 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 203, Binghatti Canal

Starts from the last sale price (AED 1.07M, 6 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,070,000
Deposit, UAE resident (20%)
AED 214,000
Deposit, non-resident (40%)
AED 428,000
Monthly over 25 years at 3.7%
AED 4,378

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