1-bed · 702 sqftBinghatti Canal, Business Bay · 10th floor · completed 2023

1003, Binghatti Canal

Sold prices and rental history: sold once, by the developer in November 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1003 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 1.26M3 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1003, Binghatti Canal

What is 1003 worth today?

Last sold for AED 1,256,764 in 2022

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3 Nov 2022Sold by developerOff-plan
AED 1,256,764AED 1,789 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 November 2022.

Key facts

Type
1-bed apartment
Size
702 sqft
Floor
10th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.26M · November 2022

About 1003, Binghatti Canal

1003 is a one-bedroom apartment of 702 sqft on the 10th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 3 November 2022 for AED 1,256,764, or AED 1,789 per sqft, 7% above the AED 1,676 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1003 over time

Sales
Unit 1003, each saleTypical one-bed in Binghatti Canal
1.2M1.4M1.6M20222023202420252026Typical sale price by year: 2022 AED 1,200,000; 2023 AED 1,300,000; 2024 AED 1,530,000; 2025 AED 1,615,000Sold by developer, November 2022: AED 1,256,764 (AED 1,789 per sqft)

1003 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1003, each contractTypical one-bed in Binghatti Canal
100K120K20232024202520262027Typical rent by year: 2023 AED 90,000; 2024 AED 105,000; 2025 AED 110,374; 2026 AED 120,000

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 1003 sits

All 123 1-beds →

1003 last sold in November 2022 at AED 1,789 per sqft, 7% above what one-beds in Binghatti Canal were fetching at the time (AED 1,676). Over the last 12 months one-beds sold for AED 1,450,000 to 1,740,000, around AED 2,112 per sqft, and rent for AED 104,000 to 145,000 a year.

Recent 1-bed salesUnit no.Price (AED)Summary
16 Feb 20261,450,000
8 Dec 20251,740,000
21 May 20251,580,000
14 May 20251,500,000
3 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. 12 sold in the last 12 months.

Typical price per sqft
AED 1,993 Down 5.7%
Typical sale
AED 2.12M
Typical rent
AED 120K /yr
Typical yield
8.1%
Binghatti Canal, Business Bay: prices, sales and rents →

Other units on the 10th floor

All 301 units in Binghatti Canal
Value
1001StudioAED 950K · Apr 2024
10022-bedAED 1.8M · Sep 2022
10041-bedAED 1.1M · Nov 2022
10051-bedAED 1.42M · Nov 2023
10062-bedAED 1.78M · Jul 2022
1007StudioAED 900K · Aug 2022
1008StudioAED 1.32M · Mar 2025
1–7 of 13

1003, Binghatti Canal in numbers

  • Sold once: by Binghatti on 3 November 2022 for AED 1,256,764, or AED 1,789 per sqft.
  • One-beds in Binghatti Canal sold for AED 1,450,000–1,740,000 in the 12 months to November 2026; the building's median across all types is AED 1,993 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 November 2022.

Questions about 1003, Binghatti Canal

What did unit 1003 last sell for?

AED 1,256,764 on 3 November 2022, sold by the developer: AED 1,789 per sqft for 702 sqft. It is the only registered sale of the unit.

How big is unit 1003?

702 sqft (65.2 sqm): a one-bedroom apartment on the 10th floor of a 21-storey tower completed in 2023.

What is unit 1003 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 1,450,000 to 1,740,000 in the last 12 months, around AED 2,112 per sqft.

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Mortgage on 1003, Binghatti Canal

Starts from the last sale price (AED 1.26M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,256,764
Deposit, UAE resident (20%)
AED 251,353
Deposit, non-resident (40%)
AED 502,706
Monthly over 25 years at 3.7%
AED 5,142

Plus AED 57,795 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →