2-bed · 1,331 sqftBinghatti Canal, Business Bay · 4th floor · completed 2023

402, Binghatti Canal

Sold prices and rental history: sold twice, last in August 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 402 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 2.25M22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 402, Binghatti Canal

What is 402 worth today?

Last sold for AED 2,250,000 in 2025

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22 Aug 2025SoldReady
AED 2,250,000AED 1,689 per sqft
2 Sep 2022Sold by developerOff-plan
AED 1,800,000AED 1,352 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
2-bed apartment
Size
1,331 sqft
Floor
4th of 21
Parking
P1-9
Developer
Binghatti
Completed
2023
Service charge
AED 23,500 /yr
Last sold
AED 2.25M · August 2025

About 402, Binghatti Canal

402 is a two-bedroom apartment of 1,331 sqft on the 4th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 22 August 2025 for AED 2,250,000, or AED 1,689 per sqft, in line with the AED 1,671 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 402 over time

Sales
Unit 402, 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 1,800,000 (AED 1,352 per sqft)Sold, August 2025: AED 2,250,000 (AED 1,689 per sqft)

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

Rents
Unit 402, 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 402 sits

All 87 2-beds →

402 last sold in August 2025 at AED 1,689 per sqft, in line with what two-beds in Binghatti Canal were fetching at the time (AED 1,671). 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 4th floor

All 301 units in Binghatti Canal
Value
401StudioAED 760K · Sep 2022
4031-bedAED 1.1M · Aug 2022
4041-bedAED 1M · Aug 2022
4051-bedAED 1.05M · Sep 2022
4062-bedAED 2.5M · Dec 2023
407StudioAED 1.23M · Jun 2024
408StudioAED 1.34M · Jul 2024
1–7 of 13

402, Binghatti Canal in numbers

  • Sold twice: first on 2 September 2022 for AED 1,800,000, last on 22 August 2025 for AED 2,250,000 (AED 1,689 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 22 August 2025.

Questions about 402, Binghatti Canal

What did unit 402 last sell for?

AED 2,250,000 on 22 August 2025: AED 1,689 per sqft for 1,331 sqft. The unit has 2 registered sales; the first was AED 1,800,000 in September 2022.

How big is unit 402?

1,331 sqft (123.7 sqm): a two-bedroom apartment on the 4th floor of a 21-storey tower completed in 2023.

What is unit 402 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 402, Binghatti Canal

Starts from the last sale price (AED 2.25M, 22 August 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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