M04, Binghatti Canal
Sold prices and rental history: sold twice, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for M04, Binghatti Canal
What is M04 worth today?
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Source: Dubai Land Department. Updated 20 July 2023.
Key facts
- Type
- Studio apartment
- Size
- 488 sqft
- Floor
- Ground of 21
- Parking
- P3-44
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,600 /yr
- Last sold
- AED 1.05M · July 2023
- Building
- Binghatti Canal
About M04, Binghatti Canal
M04 is a studio of 488 sqft on the ground floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 20 July 2023 for AED 1,050,000, or AED 2,152 per sqft, 23% above the AED 1,756 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for M04 over time
M04 has sold twice; the dashed line is the studio median of each year in the building.
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 M04 sits
All 86 studios →M04 last sold in July 2023 at AED 2,152 per sqft, 23% above what studios in Binghatti Canal were fetching at the time (AED 1,756). 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.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202616 October 2026 | 488 sqft | 980,000 | 2,008 | ||
| 6 Mar 20266 March 2026 | 488 sqft | 1,350,000 | 2,768 | ||
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 3 Dec 20253 December 2025 | 492 sqft | 1,270,000 | 2,582 |
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 ground floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| M01 | 1-bed | 705 sqft | AED 1.74MAED 1,740,000 · Dec 2025December 2025 | 120,000 /yr | |
| M02 | 2-bed | 1,278 sqft | AED 3.1MAED 3,100,000 · May 2026May 2026 | ||
| M03 | Studio | 493 sqft | AED 820KAED 820,000 · Sep 2022September 2022 | 52,920 /yr | |
| M05 | 2-bed | 1,283 sqft | AED 2.65MAED 2,650,000 · Apr 2024April 2024 | ||
| M06 | 1-bed | 717 sqft | AED 1.2MAED 1,200,000 · Nov 2022November 2022 | ||
| M07 | 1-bed | 704 sqft | AED 1.44MAED 1,440,000 · Oct 2025October 2025 | 110,000 /yr | |
| M08 | 1-bed | 703 sqft | AED 1.25MAED 1,250,000 · Dec 2022December 2022 | ||
| M09 | 2-bed | 1,323 sqft | AED 1.95MAED 1,950,000 · Jun 2025June 2025 | 125,000 /yr | |
| M10 | Studio | 451 sqft | AED 900KAED 900,000 · Dec 2022December 2022 | 70,000 /yr | |
| M11 | Studio | 450 sqft | AED 940KAED 940,000 · Oct 2024October 2024 | 65,000 /yr | |
| M12 | 2-bed | 1,273 sqft | AED 2.22MAED 2,220,000 · Jan 2026January 2026 | 160,000 /yr | |
| M13 | 1-bed | 703 sqft | AED 1.4MAED 1,400,000 · Dec 2022December 2022 | ||
| M14 | 1-bed | 704 sqft | AED 1.45MAED 1,450,000 · Dec 2022December 2022 | 100,000 /yr |
M04, Binghatti Canal in numbers
- Sold twice: first on 7 July 2022 for AED 760,000, last on 20 July 2023 for AED 1,050,000 (AED 2,152 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 20 July 2023.
Questions about M04, Binghatti Canal
What did unit M04 last sell for?
AED 1,050,000 on 20 July 2023: AED 2,152 per sqft for 488 sqft. The unit has 2 registered sales; the first was AED 760,000 in July 2022.
How big is unit M04?
488 sqft (45.3 sqm): a studio on the ground floor of a 21-storey tower completed in 2023.
What is unit M04 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.
Selling M04? Put it on the OpenOffers board
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Mortgage on M04, Binghatti Canal
Starts from the last sale price (AED 1.05M, 20 July 2023). 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 →