Studio · 488 sqftBinghatti Canal, Business Bay · 3rd floor · completed 2023

308, Binghatti Canal

Sold prices and rental history: sold 3 times, last in March 2026, and rented continuously since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 308 · DLD and Ejari recordsUpdated 11 September 2026
Last soldAED 1.35M6 March 2026
Current rentAED 77K /yr11 September 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 308, Binghatti Canal

What is 308 worth today?

Last sold for AED 1,350,000 in 2026

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11 Sep 2026RentedNew contract
AED 77,000/yr2 months · AED 158 per sqft
6 Mar 2026SoldReady
AED 1,350,000AED 2,768 per sqft
1 Mar 2026RentedRenewal
AED 68,707/yr12 months · AED 142 per sqft
1 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 185 per sqft
1 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 186 per sqft
1 Mar 2025RentedNew contract
AED 90,000/yr12 months · AED 185 per sqft
13 Apr 2023SoldOff-plan
AED 840,000AED 1,718 per sqft
7 Apr 2022Sold by developerOff-plan
AED 750,000AED 1,534 per sqft

Source: Dubai Land Department. Updated 11 September 2026.

Key facts

Type
Studio apartment
Size
488 sqft
Floor
3rd of 21
Parking
P3-71
Developer
Binghatti
Completed
2023
Service charge
AED 8,600 /yr
Last sold
AED 1.35M · March 2026

About 308, Binghatti Canal

308 is a studio of 488 sqft on the 3rd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 6 March 2026 for AED 1,350,000, or AED 2,768 per sqft, 7% above the AED 2,582 studios in the building were fetching at the time.

It has been rented continuously since 2025 on 5 Ejari contracts. The current contract, signed on 11 September 2026, is AED 77,000 a year: a gross yield of 5.7% on the 2026 price, before the service charge of about AED 8,600 a year.

Sales and rents for 308 over time

Sales
Unit 308, each saleTypical studio in Binghatti Canal
1M202220242026Typical sale price by year: 2022 AED 831,250; 2023 AED 950,000; 2024 AED 1,130,000; 2025 AED 980,000Sold by developer, April 2022: AED 750,000 (AED 1,534 per sqft)Sold, April 2023: AED 840,000 (AED 1,718 per sqft)Sold, March 2026: AED 1,350,000 (AED 2,768 per sqft)

308 has sold 3 times; the dashed line is the studio median of each year in the building.

Rents
Unit 308, each contractTypical studio in Binghatti Canal
70K80K90K202320252027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194New contract, March 2025: AED 90,000 a yearNew contract, March 2025: AED 90,000 a yearNew contract, March 2025: AED 90,000 a yearRenewal, March 2026: AED 68,707 a yearNew contract, September 2026: AED 77,000 a year

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 308 sits

All 86 studios →

308 last sold in March 2026 at AED 2,768 per sqft, 7% above what studios in Binghatti Canal were fetching at the time (AED 2,582). 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. 308's AED 77,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026980,000
11 Dec 2025980,000
3 Dec 20251,270,000
12 Nov 2025980,000
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 3rd floor

All 301 units in Binghatti Canal
Value
301StudioAED 740K · Sep 2022
3022-bedAED 1.78M · Sep 2022
3031-bedAED 1.2M · Aug 2022
3041-bedAED 1.4M · Apr 2023
3051-bedAED 1.3M · Jan 2023
3062-bedAED 2.53M · Sep 2026
307StudioAED 1.29M · Sep 2025
1–7 of 13

308, Binghatti Canal in numbers

  • Sold 3 times: first on 7 April 2022 for AED 750,000, last on 6 March 2026 for AED 1,350,000 (AED 2,768 per sqft).
  • Rented since March 2025 on 5 Ejari contracts. The rent fell from AED 90,000 to AED 68,707 in 2026 and recovered to AED 77,000 by September 2026.
  • At AED 77,000 a year the gross yield on the 2026 price is 5.7%, before a service charge of about AED 8,600 a year (AED 17.68 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 11 September 2026.

Questions about 308, Binghatti Canal

What did unit 308 last sell for?

AED 1,350,000 on 6 March 2026: AED 2,768 per sqft for 488 sqft. The unit has 3 registered sales; the first was AED 750,000 in April 2022.

What is the rent for unit 308?

AED 77,000 a year on the contract signed on 11 September 2026. The previous contract, from March 2026, was AED 68,707; the unit has been rented since March 2025.

How big is unit 308?

488 sqft (45.3 sqm): a studio on the 3rd floor of a 21-storey tower completed in 2023.

What is unit 308 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 308, Binghatti Canal

Starts from the last sale price (AED 1.35M, 6 March 2026). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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