Studio · 488 sqftBinghatti Canal, Business Bay · 2nd floor · completed 2023

208, Binghatti Canal

Sold prices and rental history: sold twice, last in November 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 30 November 2024
Last soldAED 1.15M30 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Binghatti Canal

What is 208 worth today?

Last sold for AED 1,150,000 in 2024

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30 Nov 2024SoldReady
AED 1,150,000AED 2,354 per sqft
2 Sep 2022Sold by developerOff-plan
AED 847,880AED 1,734 per sqft

Source: Dubai Land Department. Updated 30 November 2024.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
2nd of 21
Parking
P3-24
Developer
Binghatti
Completed
2023
Service charge
AED 8,600 /yr
Last sold
AED 1.15M · November 2024

About 208, Binghatti Canal

208 is a studio of 488 sqft on the 2nd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 30 November 2024 for AED 1,150,000, or AED 2,354 per sqft, in line with the AED 2,327 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical studio in Binghatti Canal
800K1M1.2M20222023202420252026Typical sale price by year: 2022 AED 831,250; 2023 AED 950,000; 2024 AED 1,130,000; 2025 AED 980,000Sold by developer, September 2022: AED 847,880 (AED 1,734 per sqft)Sold, November 2024: AED 1,150,000 (AED 2,354 per sqft)

208 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 208, each contractTypical studio in Binghatti Canal
75K80K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Binghatti Canal, and where 208 sits

All 86 studios →

208 last sold in November 2024 at AED 2,354 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 2,327). Over the last 12 months studios sold for AED 980,000 to 1,350,000, around AED 2,178 per sqft, and rent for AED 34,000 to 95,000 a year.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026980,000
6 Mar 20261,350,000
11 Dec 2025980,000
3 Dec 20251,270,000
5 studio 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
2062-bedAED 1.6M · Aug 2022
207StudioAED 843K · May 2022
1–7 of 13

208, Binghatti Canal in numbers

  • Sold twice: first on 2 September 2022 for AED 847,880, last on 30 November 2024 for AED 1,150,000 (AED 2,354 per sqft).
  • Studios in Binghatti Canal sold for AED 980,000–1,350,000 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 30 November 2024.

Questions about 208, Binghatti Canal

What did unit 208 last sell for?

AED 1,150,000 on 30 November 2024: AED 2,354 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 847,880 in September 2022.

How big is unit 208?

488 sqft (45.3 sqm): a studio on the 2nd floor of a 21-storey tower completed in 2023.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Binghatti Canal sold for AED 980,000 to 1,350,000 in the last 12 months, around AED 2,178 per sqft.

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Mortgage on 208, Binghatti Canal

Starts from the last sale price (AED 1.15M, 30 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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