1-bed · 701 sqftBinghatti Canal, Business Bay · 2nd floor · completed 2023

212, Binghatti Canal

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

Unit 212 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 1.1M16 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Binghatti Canal

What is 212 worth today?

Last sold for AED 1,100,000 in 2022

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16 Nov 2022Sold by developerOff-plan
AED 1,100,000AED 1,570 per sqft

Source: Dubai Land Department. Updated 16 November 2022.

Key facts

Type
1-bed apartment
Size
701 sqft
Floor
2nd of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.1M · November 2022

About 212, Binghatti Canal

212 is a one-bedroom apartment of 701 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 16 November 2022 for AED 1,100,000, or AED 1,570 per sqft, 6% below the AED 1,672 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 212 over time

Sales
Unit 212, 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, November 2022: AED 1,100,000 (AED 1,570 per sqft)

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

Rents
Unit 212, each contractTypical one-bed in Binghatti Canal
90K100K110K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 102,500

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 212 sits

All 128 1-beds →

212 last sold in November 2022 at AED 1,570 per sqft, 6% below what one-beds in Binghatti Canal were fetching at the time (AED 1,672). 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.

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
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

212, Binghatti Canal in numbers

  • Sold once: by Binghatti on 16 November 2022 for AED 1,100,000, or AED 1,570 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 16 November 2022.

Questions about 212, Binghatti Canal

What did unit 212 last sell for?

AED 1,100,000 on 16 November 2022, sold by the developer: AED 1,570 per sqft for 701 sqft. It is the only registered sale of the unit.

How big is unit 212?

701 sqft (65.1 sqm): a one-bedroom apartment on the 2nd floor of a 21-storey tower completed in 2023.

What is unit 212 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 212, Binghatti Canal

Starts from the last sale price (AED 1.1M, 16 November 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 →