Studio · 489 sqftBinghatti Canal, Business Bay · 9th floor · completed 2023

908, Binghatti Canal

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

Unit 908 · DLD and Ejari recordsUpdated 22 January 2025
Last soldAED 882K11 May 2022
Current rentAED 90K /yr22 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 908, Binghatti Canal

What is 908 worth today?

Last sold for AED 882,000 in 2022

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22 Jan 2025RentedNew contract
AED 90,000/yr12 months · AED 186 per sqft
25 Sep 2024RentedRenewal
AED 85,000/yr12 months · AED 175 per sqft
11 May 2022Sold by developerOff-plan
AED 882,000AED 1,804 per sqft

Source: Dubai Land Department. Updated 22 January 2025.

Key facts

Type
Studio apartment
Size
489 sqft
Floor
9th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,600 /yr
Last sold
AED 882K · May 2022

About 908, Binghatti Canal

908 is a studio of 489 sqft on the 9th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 11 May 2022 for AED 882,000, or AED 1,804 per sqft, in line with the AED 1,795 studios in the building were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, signed on 22 January 2025, is AED 90,000 a year: a gross yield of 10.2% on the 2022 price, before the service charge of about AED 8,600 a year.

Sales and rents for 908 over time

Sales
Unit 908, each saleTypical studio in Binghatti Canal
800K1M20222023202420252026Typical sale price by year: 2022 AED 831,250; 2023 AED 950,000; 2024 AED 1,130,000; 2025 AED 980,000Sold by developer, May 2022: AED 882,000 (AED 1,804 per sqft)

908 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 908, each contractTypical studio in Binghatti Canal
70K80K90K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 72,194Renewal, September 2024: AED 85,000 a yearNew contract, January 2025: AED 90,000 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 908 sits

All 86 studios →

908 last sold in May 2022 at AED 1,804 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,795). 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. 908's AED 90,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
16 Oct 2026980,000
6 Mar 20261,350,000
11 Dec 2025980,000
3 Dec 20251,270,000
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 9th floor

All 301 units in Binghatti Canal
Value
901StudioAED 750K · Aug 2022
9022-bedAED 1.9M · Nov 2022
9031-bedAED 1.24M · Aug 2022
9041-bedAED 1.65M · Mar 2025
9051-bedAED 1.25M · Aug 2022
9062-bedAED 1.75M · Sep 2022
907StudioAED 1.2M · Oct 2023
1–7 of 13

908, Binghatti Canal in numbers

  • Sold once: by Binghatti on 11 May 2022 for AED 882,000, or AED 1,804 per sqft.
  • Rented since September 2024 on 2 Ejari contracts, from AED 85,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2022 price is 10.2%, 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 22 January 2025.

Questions about 908, Binghatti Canal

What did unit 908 last sell for?

AED 882,000 on 11 May 2022, sold by the developer: AED 1,804 per sqft for 489 sqft. It is the only registered sale of the unit.

What is the rent for unit 908?

AED 90,000 a year on the contract signed on 22 January 2025. The previous contract, from September 2024, was AED 85,000.

How big is unit 908?

489 sqft (45.4 sqm): a studio on the 9th floor of a 21-storey tower completed in 2023.

What is unit 908 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 908, Binghatti Canal

Starts from the last sale price (AED 882K, 11 May 2022). Switch to today's estimate once you have unlocked it.
Price
AED 882,000
Deposit, UAE resident (20%)
AED 176,400
Deposit, non-resident (40%)
AED 352,800
Monthly over 25 years at 3.7%
AED 3,609

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