205, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 205, Binghatti Canal
What is 205 worth today?
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Source: Dubai Land Department. Updated 20 November 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 705 sqft
- Floor
- 2nd of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.1M · August 2022
- Building
- Binghatti Canal
About 205, Binghatti Canal
205 is a one-bedroom apartment of 705 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 26 August 2022 for AED 1,100,000, or AED 1,559 per sqft, in line with the AED 1,591 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 20 November 2024. The current contract, signed on 20 November 2024, is AED 110,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 205 over time
205 has sold once; the dashed line is the one-bed median of each year in the building.
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 205 sits
All 128 1-beds →205 last sold in August 2022 at AED 1,559 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,591). 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. 205's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 702 sqft | 1,350,000 | 1,921 | ||
| 14 Aug 202614 August 2026 | 704 sqft | 1,330,000 | 1,890 | ||
| 11 Aug 202611 August 2026 | 707 sqft | 1,500,000 | 2,120 | ||
| 3 Apr 20263 April 2026 | 707 sqft | 2,100,000 | 2,969 |
Binghatti Canal
Building301 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%
Other units on the 2nd floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 448 sqft | AED 831KAED 831,000 · Sep 2023September 2023 | 56,000 /yr | |
| 202 | 2-bed | 1,332 sqft | AED 2.2MAED 2,200,000 · May 2025May 2025 | 140,000 /yr | |
| 203 | 1-bed | 702 sqft | AED 1.07MAED 1,070,000 · Sep 2022September 2022 | 120,000 /yr | |
| 204 | 1-bed | 702 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 100,000 /yr | |
| 206 | 2-bed | 1,327 sqft | AED 1.6MAED 1,600,000 · Aug 2022August 2022 | ||
| 207 | Studio | 493 sqft | AED 843KAED 842,943 · May 2022May 2022 | 80,000 /yr | |
| 208 | Studio | 488 sqft | AED 1.15MAED 1,150,000 · Nov 2024November 2024 | ||
| 209 | 2-bed | 1,332 sqft | AED 1.69MAED 1,690,000 · Aug 2022August 2022 | ||
| 210 | 1-bed | 717 sqft | AED 1.1MAED 1,100,000 · Jan 2023January 2023 | ||
| 211 | 1-bed | 703 sqft | AED 1.08MAED 1,075,000 · Sep 2022September 2022 | 90,000 /yr | |
| 212 | 1-bed | 701 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | ||
| 213 | 2-bed | 1,379 sqft | AED 2.13MAED 2,127,000 · Jun 2025June 2025 | 130,000 /yr | |
| 214 | Studio | 454 sqft | AED 1MAED 1,000,000 · Dec 2024December 2024 | 80,000 /yr |
205, Binghatti Canal in numbers
- Sold once: by Binghatti on 26 August 2022 for AED 1,100,000, or AED 1,559 per sqft.
- Rented since November 2024 on one Ejari contract, at AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 12,500 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 20 November 2024.
Questions about 205, Binghatti Canal
What did unit 205 last sell for?
AED 1,100,000 on 26 August 2022, sold by the developer: AED 1,559 per sqft for 705 sqft. It is the only registered sale of the unit.
What is the rent for unit 205?
AED 110,000 a year on the contract signed on 20 November 2024.
How big is unit 205?
705 sqft (65.5 sqm): a one-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2023.
What is unit 205 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 205, Binghatti Canal
Starts from the last sale price (AED 1.1M, 26 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 →