405, Binghatti Canal
Sold prices and rental history: sold once, by the developer in September 2022, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 405, Binghatti Canal
What is 405 worth today?
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Source: Dubai Land Department. Updated 4 November 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 706 sqft
- Floor
- 4th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 12,500 /yr
- Last sold
- AED 1.05M · September 2022
- Building
- Binghatti Canal
About 405, Binghatti Canal
405 is a one-bedroom apartment of 706 sqft on the 4th 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 1,050,000, or AED 1,487 per sqft, 10% below the AED 1,658 one-beds in the building were fetching at the time.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 4 November 2025, is AED 110,000 a year: a gross yield of 10.5% on the 2022 price, before the service charge of about AED 12,500 a year.
Sales and rents for 405 over time
405 has sold once; the dashed line is the one-bed median of each year in the building.
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 405 sits
All 128 1-beds →405 last sold in September 2022 at AED 1,487 per sqft, 10% below what one-beds in Binghatti Canal were fetching at the time (AED 1,658). 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. 405's AED 110,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Nov 20262 November 2026 | 702 sqft | 1,350,000 | 1,921 | ||
| 14 Aug 202614 August 2026 | 704 sqft | 1,330,000 | 1,890 | ||
| 11 Aug 202611 August 2026 | 707 sqft | 1,500,000 | 2,120 | ||
| 3 Apr 20263 April 2026 | 707 sqft | 2,100,000 | 2,969 |
Binghatti Canal
Building301 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%
Other units on the 4th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 452 sqft | AED 760KAED 760,000 · Sep 2022September 2022 | 70,000 /yr | |
| 402 | 2-bed | 1,331 sqft | AED 2.25MAED 2,250,000 · Aug 2025August 2025 | ||
| 403 | 1-bed | 702 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 95,000 /yr | |
| 404 | 1-bed | 703 sqft | AED 1MAED 1,000,000 · Aug 2022August 2022 | ||
| 406 | 2-bed | 1,326 sqft | AED 2.5MAED 2,500,000 · Dec 2023December 2023 | 145,000 /yr | |
| 407 | Studio | 491 sqft | AED 1.23MAED 1,230,000 · Jun 2024June 2024 | ||
| 408 | Studio | 488 sqft | AED 1.34MAED 1,340,000 · Jul 2024July 2024 | 102,000 /yr | |
| 409 | 2-bed | 1,332 sqft | AED 1.74MAED 1,735,000 · Sep 2022September 2022 | 150,000 /yr | |
| 410 | 1-bed | 717 sqft | AED 1.08MAED 1,080,000 · Aug 2022August 2022 | ||
| 411 | 1-bed | 704 sqft | AED 1.5MAED 1,500,000 · Dec 2024December 2024 | ||
| 412 | 1-bed | 703 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | ||
| 413 | 2-bed | 1,378 sqft | AED 1.81MAED 1,809,226 · Mar 2023March 2023 | ||
| 414 | Studio | 450 sqft | AED 725KAED 725,000 · Aug 2022August 2022 |
405, Binghatti Canal in numbers
- Sold once: by Binghatti on 2 September 2022 for AED 1,050,000, or AED 1,487 per sqft.
- Rented since November 2023 on 3 Ejari contracts, from AED 100,000 to AED 110,000 a year.
- At AED 110,000 a year the gross yield on the 2022 price is 10.5%, before a service charge of about AED 12,500 a year (AED 17.68 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 4 November 2025.
Questions about 405, Binghatti Canal
What did unit 405 last sell for?
AED 1,050,000 on 2 September 2022, sold by the developer: AED 1,487 per sqft for 706 sqft. It is the only registered sale of the unit.
What is the rent for unit 405?
AED 110,000 a year on the contract renewed on 4 November 2025. The previous contract, from November 2024, was AED 105,000; the unit has been rented since November 2023.
How big is unit 405?
706 sqft (65.6 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2023.
What is unit 405 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 405, Binghatti Canal
Starts from the last sale price (AED 1.05M, 2 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,050,000
- Deposit, UAE resident (20%)
- AED 210,000
- Deposit, non-resident (40%)
- AED 420,000
- Monthly over 25 years at 3.7%
- AED 4,296
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →