Studio · 451 sqftBinghatti Canal, Business Bay · 10th floor · completed 2023

1014, Binghatti Canal

Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from March 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1014 · DLD and Ejari recordsUpdated 17 March 2025
Last soldAED 800K26 August 2022
Current rentAED 86K /yr17 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1014, Binghatti Canal

What is 1014 worth today?

Last sold for AED 800,000 in 2022

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17 Mar 2025RentedNew contract
AED 86,000/yr12 months · AED 191 per sqft
26 Aug 2022Sold by developerOff-plan
AED 800,000AED 1,772 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 17 March 2025.

Key facts

Type
Studio apartment
Size
451 sqft
Floor
10th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 8,000 /yr
Last sold
AED 800K · August 2022

About 1014, Binghatti Canal

1014 is a studio of 451 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 26 August 2022 for AED 800,000, or AED 1,772 per sqft, in line with the AED 1,760 studios in the building were fetching at the time.

One Ejari contract is registered, from 17 March 2025. The current contract, signed on 17 March 2025, is AED 86,000 a year: a gross yield of 10.8% on the 2022 price, before the service charge of about AED 8,000 a year.

Sales and rents for 1014 over time

Sales
Unit 1014, each saleTypical studio in Binghatti Canal
800K1M20222023202420252026Typical sale price by year: 2022 AED 830,000; 2023 AED 950,000; 2024 AED 1,075,000; 2025 AED 970,000Sold by developer, August 2022: AED 800,000 (AED 1,772 per sqft)

1014 has sold once; the dashed line is the studio median of each year in the building.

Rents
Unit 1014, each contractTypical studio in Binghatti Canal
80K90K20232024202520262027Typical rent by year: 2023 AED 75,000; 2024 AED 79,000; 2025 AED 80,000; 2026 AED 88,000New contract, March 2025: AED 86,000 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 1014 sits

All 82 studios →

1014 last sold in August 2022 at AED 1,772 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,760). Over the last 12 months studios sold for AED 980,000 to 1,270,000, around AED 2,380 per sqft, and rent for AED 52,920 to 94,500 a year. 1014's AED 86,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
11 Dec 2025980,000
20 Mar 20251,315,000
13 Feb 2025960,000
13 Feb 2025970,000
2 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. 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
10031-bedAED 1.26M · Nov 2022
10041-bedAED 1.1M · Nov 2022
10051-bedAED 1.42M · Nov 2023
10062-bedAED 1.78M · Jul 2022
1007StudioAED 900K · Aug 2022
1–7 of 13

1014, Binghatti Canal in numbers

  • Sold once: by Binghatti on 26 August 2022 for AED 800,000, or AED 1,772 per sqft.
  • Rented since March 2025 on one Ejari contract, at AED 86,000 a year.
  • At AED 86,000 a year the gross yield on the 2022 price is 10.8%, before a service charge of about AED 8,000 a year (AED 17.68 per sqft).
  • Studios in Binghatti Canal sold for AED 980,000–1,270,000 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 17 March 2025.

Questions about 1014, Binghatti Canal

What did unit 1014 last sell for?

AED 800,000 on 26 August 2022, sold by the developer: AED 1,772 per sqft for 451 sqft. It is the only registered sale of the unit.

What is the rent for unit 1014?

AED 86,000 a year on the contract signed on 17 March 2025.

How big is unit 1014?

451 sqft (41.9 sqm): a studio on the 10th floor of a 21-storey tower completed in 2023.

What is unit 1014 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 1,270,000 in the last 12 months, around AED 2,380 per sqft.

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Mortgage on 1014, Binghatti Canal

Starts from the last sale price (AED 800K, 26 August 2022). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →