109, Binghatti Canal
Sold prices and rental history: sold twice, last in June 2023, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 109, Binghatti Canal
What is 109 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 769 sqft
- Floor
- 1st of 21
- Parking
- P2-66
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 13,600 /yr
- Last sold
- AED 1.15M · June 2023
- Building
- Binghatti Canal
About 109, Binghatti Canal
109 is a one-bedroom apartment of 769 sqft on the 1st floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. It last sold on 16 June 2023 for AED 1,150,000, or AED 1,495 per sqft, 11% below the AED 1,683 one-beds in the building were fetching at the time.
It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 September 2025, is AED 115,000 a year: a gross yield of 10.0% on the 2023 price, before the service charge of about AED 13,600 a year.
Sales and rents for 109 over time
109 has sold twice; the dashed line is the one-bed median of each year in the building.
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 109 sits
All 123 1-beds →109 last sold in June 2023 at AED 1,495 per sqft, 11% below what one-beds in Binghatti Canal were fetching at the time (AED 1,683). 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. 109's AED 115,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Feb 202616 February 2026 | 704 sqft | 1,450,000 | 2,060 | ||
| 8 Dec 20258 December 2025 | 705 sqft | 1,740,000 | 2,466 | ||
| 21 May 202521 May 2025 | 753 sqft | 1,580,000 | 2,097 | ||
| 14 May 202514 May 2025 | 704 sqft | 1,500,000 | 2,131 |
Binghatti Canal
Building301 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%
Other units on the 1st floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | Studio | 449 sqft | AED 720KAED 720,000 · Aug 2022August 2022 | 65,000 /yr | |
| 102 | 2-bed | 1,366 sqft | AED 1.85MAED 1,849,000 · Nov 2022November 2022 | ||
| 103 | 1-bed | 750 sqft | AED 1.15MAED 1,150,000 · Sep 2022September 2022 | ||
| 104 | 750 sqft | AED 1.4MAED 1,400,000 · Aug 2025August 2025 | 140,000 /yr | ||
| 105 | 1-bed | 753 sqft | AED 1.58MAED 1,580,000 · May 2025May 2025 | 100,000 /yr | |
| 106 | 2-bed | 1,196 sqft | AED 1.8MAED 1,795,933 · Oct 2022October 2022 | ||
| 107 | 1-bed | 791 sqft | AED 1.5MAED 1,500,000 · Dec 2024December 2024 | ||
| 108 | 1-bed | 773 sqft | AED 1.1MAED 1,100,000 · Dec 2022December 2022 | ||
| 110 | 2-bed | 1,231 sqft | AED 1.4MAED 1,400,000 · Oct 2022October 2022 | ||
| 111 | Studio | 455 sqft | AED 755KAED 755,000 · Sep 2022September 2022 | 72,000 /yr |
109, Binghatti Canal in numbers
- Sold twice: first on 31 October 2022 for AED 1,100,000, last on 16 June 2023 for AED 1,150,000 (AED 1,495 per sqft).
- Rented since September 2024 on 2 Ejari contracts, at AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2023 price is 10.0%, before a service charge of about AED 13,600 a year (AED 17.68 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 1 September 2025.
Questions about 109, Binghatti Canal
What did unit 109 last sell for?
AED 1,150,000 on 16 June 2023: AED 1,495 per sqft for 769 sqft. The unit has 2 registered sales; the first was AED 1,100,000 in October 2022.
What is the rent for unit 109?
AED 115,000 a year on the contract renewed on 1 September 2025. The previous contract, from September 2024, was AED 115,000.
How big is unit 109?
769 sqft (71.4 sqm): a one-bedroom apartment on the 1st floor of a 21-storey tower completed in 2023.
What is unit 109 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 109, Binghatti Canal
Starts from the last sale price (AED 1.15M, 16 June 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,150,000
- Deposit, UAE resident (20%)
- AED 230,000
- Deposit, non-resident (40%)
- AED 460,000
- Monthly over 25 years at 3.7%
- AED 4,705
Plus AED 53,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →