2-bed · 1,327 sqftBinghatti Canal, Business Bay · 2nd floor · completed 2023

206, Binghatti Canal

Sold prices and rental history: sold once, by the developer in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 206 · DLD and Ejari recordsUpdated 17 August 2022
Last soldAED 1.6M17 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 206, Binghatti Canal

What is 206 worth today?

Last sold for AED 1,600,000 in 2022

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17 Aug 2022Sold by developerOff-plan
AED 1,600,000AED 1,205 per sqft

Source: Dubai Land Department. Updated 17 August 2022.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
2nd of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 23,500 /yr
Last sold
AED 1.6M · August 2022

About 206, Binghatti Canal

206 is a two-bedroom apartment of 1,327 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 17 August 2022 for AED 1,600,000, or AED 1,205 per sqft, 9% below the AED 1,327 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 206 over time

Sales
Unit 206, each saleTypical two-bed in Binghatti Canal
1.5M2M2.5M202220242026Typical 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, August 2022: AED 1,600,000 (AED 1,205 per sqft)

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

Rents
Unit 206, each contractTypical two-bed in Binghatti Canal
160K165K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431

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 206 sits

All 87 2-beds →

206 last sold in August 2022 at AED 1,205 per sqft, 9% below what two-beds in Binghatti Canal were fetching at the time (AED 1,327). 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.

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
2022-bedAED 2.2M · May 2025
2031-bedAED 1.07M · Sep 2022
2041-bedAED 1.1M · Aug 2022
2051-bedAED 1.1M · Aug 2022
207StudioAED 843K · May 2022
208StudioAED 1.15M · Nov 2024
1–7 of 13

206, Binghatti Canal in numbers

  • Sold once: by Binghatti on 17 August 2022 for AED 1,600,000, or AED 1,205 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 17 August 2022.

Questions about 206, Binghatti Canal

What did unit 206 last sell for?

AED 1,600,000 on 17 August 2022, sold by the developer: AED 1,205 per sqft for 1,327 sqft. It is the only registered sale of the unit.

How big is unit 206?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2023.

What is unit 206 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.

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Mortgage on 206, Binghatti Canal

Starts from the last sale price (AED 1.6M, 17 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

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