2-bed · 1,284 sqftBinghatti Canal, Business Bay · 3rd floor · completed 2023

309, Binghatti Canal

Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 309 · DLD and Ejari recordsUpdated 26 March 2025
Last soldAED 1.7M2 September 2022
Current rentAED 170K /yr26 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 309, Binghatti Canal

What is 309 worth today?

Last sold for AED 1,700,000 in 2022

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26 Mar 2025RentedRenewal
AED 170,000/yr12 months · AED 133 per sqft
26 Mar 2025RentedRenewal
AED 170,000/yr12 months · AED 133 per sqft
26 Mar 2024RentedNew contract
AED 170,000/yr12 months · AED 133 per sqft
2 Sep 2022Sold by developerOff-plan
AED 1,700,000AED 1,323 per sqft

Source: Dubai Land Department. Updated 26 March 2025.

Key facts

Type
2-bed apartment
Size
1,284 sqft
Floor
3rd of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 22,700 /yr
Last sold
AED 1.7M · September 2022

About 309, Binghatti Canal

309 is a two-bedroom apartment of 1,284 sqft on the 3rd floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 2 September 2022 for AED 1,700,000, or AED 1,323 per sqft, in line with the AED 1,352 two-beds in the building were fetching at the time.

It has been rented since 2024 on 3 Ejari contracts. The current contract, renewed on 26 March 2025, is AED 170,000 a year: a gross yield of 10.0% on the 2022 price, before the service charge of about AED 22,700 a year.

Sales and rents for 309 over time

Sales
Unit 309, each saleTypical two-bed in Binghatti Canal
2M2.5M202220242026Typical 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, September 2022: AED 1,700,000 (AED 1,323 per sqft)

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

Rents
Unit 309, each contractTypical two-bed in Binghatti Canal
160K165K170K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 166,100; 2026 AED 160,431New contract, March 2024: AED 170,000 a yearRenewal, March 2025: AED 170,000 a yearRenewal, March 2025: AED 170,000 a year

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 309 sits

All 87 2-beds →

309 last sold in September 2022 at AED 1,323 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,352). 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. 309's AED 170,000 is in the lower half of that range.

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 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

309, Binghatti Canal in numbers

  • Sold once: by Binghatti on 2 September 2022 for AED 1,700,000, or AED 1,323 per sqft.
  • Rented since March 2024 on 3 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2022 price is 10.0%, before a service charge of about AED 22,700 a year (AED 17.68 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 26 March 2025.

Questions about 309, Binghatti Canal

What did unit 309 last sell for?

AED 1,700,000 on 2 September 2022, sold by the developer: AED 1,323 per sqft for 1,284 sqft. It is the only registered sale of the unit.

What is the rent for unit 309?

AED 170,000 a year on the contract renewed on 26 March 2025. The previous contract, from March 2025, was AED 170,000; the unit has been rented since March 2024.

How big is unit 309?

1,284 sqft (119.3 sqm): a two-bedroom apartment on the 3rd floor of a 21-storey tower completed in 2023.

What is unit 309 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 309, Binghatti Canal

Starts from the last sale price (AED 1.7M, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

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