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

204, Binghatti Canal

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

Unit 204 · DLD and Ejari recordsUpdated 5 August 2026
Last soldAED 1.1M10 August 2022
Current rentAED 100K /yr5 August 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 204, Binghatti Canal

What is 204 worth today?

Last sold for AED 1,100,000 in 2022

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5 Aug 2026RentedNew contract
AED 100,000/yr12 months · AED 143 per sqft
20 Oct 2024RentedRenewal
AED 95,000/yr12 months · AED 136 per sqft
10 Aug 2022Sold by developerOff-plan
AED 1,100,000AED 1,565 per sqft

Source: Dubai Land Department. Updated 5 August 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 1.1M · August 2022

About 204, Binghatti Canal

204 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 10 August 2022 for AED 1,100,000, or AED 1,565 per sqft, in line with the AED 1,565 one-beds in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 5 August 2026, is AED 100,000 a year: a gross yield of 9.1% on the 2022 price, before the service charge of about AED 12,400 a year.

Sales and rents for 204 over time

Sales
Unit 204, each saleTypical one-bed in Binghatti Canal
1.2M1.4M1.6M202220242026Typical 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, August 2022: AED 1,100,000 (AED 1,565 per sqft)

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

Rents
Unit 204, each contractTypical one-bed in Binghatti Canal
90K100K110K202320252027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500Renewal, October 2024: AED 95,000 a yearNew contract, August 2026: AED 100,000 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 204 sits

All 128 1-beds →

204 last sold in August 2022 at AED 1,565 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,565). 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. 204's AED 100,000 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
2031-bedAED 1.07M · Sep 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

204, Binghatti Canal in numbers

  • Sold once: by Binghatti on 10 August 2022 for AED 1,100,000, or AED 1,565 per sqft.
  • Rented since October 2024 on 2 Ejari contracts, from AED 95,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 9.1%, 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 5 August 2026.

Questions about 204, Binghatti Canal

What did unit 204 last sell for?

AED 1,100,000 on 10 August 2022, sold by the developer: AED 1,565 per sqft for 702 sqft. It is the only registered sale of the unit.

What is the rent for unit 204?

AED 100,000 a year on the contract signed on 5 August 2026. The previous contract, from October 2024, was AED 95,000.

How big is unit 204?

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

What is unit 204 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 204, Binghatti Canal

Starts from the last sale price (AED 1.1M, 10 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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