1-bed · 704 sqftBinghatti Canal, Business Bay · 11th floor · completed 2023

1104, Binghatti Canal

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

Unit 1104 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 1.15M2 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1104, Binghatti Canal

What is 1104 worth today?

Last sold for AED 1,150,000 in 2022

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2 Sep 2022Sold by developerOff-plan
AED 1,150,000AED 1,634 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 September 2022.

Key facts

Type
1-bed apartment
Size
704 sqft
Floor
11th of 21
Parking
1
Developer
Binghatti
Completed
2023
Service charge
AED 12,400 /yr
Last sold
AED 1.15M · September 2022

About 1104, Binghatti Canal

1104 is a one-bedroom apartment of 704 sqft on the 11th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 2 September 2022 for AED 1,150,000, or AED 1,634 per sqft, in line with the AED 1,658 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1104 over time

Sales
Unit 1104, each saleTypical one-bed in Binghatti Canal
1.25M1.5M20222023202420252026Typical 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, September 2022: AED 1,150,000 (AED 1,634 per sqft)

1104 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1104, 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 1104 sits

All 123 1-beds →

1104 last sold in September 2022 at AED 1,634 per sqft, in line with what one-beds in Binghatti Canal were fetching at the time (AED 1,658). 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 11th floor

All 301 units in Binghatti Canal
Value
1101StudioAED 798K · Aug 2022
11022-bedAED 1.92M · Nov 2022
11031-bedAED 1.68M · Dec 2023
11051-bedAED 1.9M · Jan 2024
11062-bedAED 2.43M · Dec 2025
1107StudioAED 850K · Jul 2022
1108StudioAED 859K · Aug 2022
1–7 of 13

1104, Binghatti Canal in numbers

  • Sold once: by Binghatti on 2 September 2022 for AED 1,150,000, or AED 1,634 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 2 September 2022.

Questions about 1104, Binghatti Canal

What did unit 1104 last sell for?

AED 1,150,000 on 2 September 2022, sold by the developer: AED 1,634 per sqft for 704 sqft. It is the only registered sale of the unit.

How big is unit 1104?

704 sqft (65.4 sqm): a one-bedroom apartment on the 11th floor of a 21-storey tower completed in 2023.

What is unit 1104 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 1104, Binghatti Canal

Starts from the last sale price (AED 1.15M, 2 September 2022). 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 →