1-bed · 704 sqftBinghatti Canal, Business Bay · 4th floor · completed 2023

411, Binghatti Canal

Sold prices and rental history: sold twice, last in December 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 411 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 1.5M12 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 411, Binghatti Canal

What is 411 worth today?

Last sold for AED 1,500,000 in 2024

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12 Dec 2024SoldReady
AED 1,500,000AED 2,131 per sqft
9 Nov 2022Sold by developerOff-plan
AED 1,155,000AED 1,641 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
4th of 21
Parking
P2-57
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.5M · December 2024

About 411, Binghatti Canal

411 is a one-bedroom apartment of 704 sqft on the 4th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 12 December 2024 for AED 1,500,000, or AED 2,131 per sqft, in line with the AED 2,178 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 411 over time

Sales
Unit 411, each saleTypical one-bed in Binghatti Canal
1.2M1.4M202220242026Typical 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 1,155,000 (AED 1,641 per sqft)Sold, December 2024: AED 1,500,000 (AED 2,131 per sqft)

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

Rents
Unit 411, 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 411 sits

All 128 1-beds →

411 last sold in December 2024 at AED 2,131 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 2,178). 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 4th floor

All 301 units in Binghatti Canal
Value
401StudioAED 760K · Sep 2022
4022-bedAED 2.25M · Aug 2025
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
1–7 of 13

411, Binghatti Canal in numbers

  • Sold twice: first on 9 November 2022 for AED 1,155,000, last on 12 December 2024 for AED 1,500,000 (AED 2,131 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 12 December 2024.

Questions about 411, Binghatti Canal

What did unit 411 last sell for?

AED 1,500,000 on 12 December 2024: AED 2,131 per sqft for 704 sqft. The unit has 2 registered sales; the first was AED 1,155,000 in November 2022.

How big is unit 411?

704 sqft (65.4 sqm): a one-bedroom apartment on the 4th floor of a 21-storey tower completed in 2023.

What is unit 411 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 411, Binghatti Canal

Starts from the last sale price (AED 1.5M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

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