111, Binghatti Canal
Sold prices and rental history: sold once, by the developer in September 2022, and rented once, from April 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 111, Binghatti Canal
What is 111 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 April 2025.
Key facts
- Type
- Studio apartment
- Size
- 455 sqft
- Floor
- 1st of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 8,000 /yr
- Last sold
- AED 755K · September 2022
- Building
- Binghatti Canal
About 111, Binghatti Canal
111 is a studio of 455 sqft on the 1st 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 755,000, or AED 1,660 per sqft, 4% below the AED 1,728 studios in the building were fetching at the time.
One Ejari contract is registered, from 15 April 2025. The current contract, signed on 15 April 2025, is AED 72,000 a year: a gross yield of 9.5% on the 2022 price, before the service charge of about AED 8,000 a year.
Sales and rents for 111 over time
111 has sold once; 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 111 sits
All 82 studios →111 last sold in September 2022 at AED 1,660 per sqft, 4% below what studios in Binghatti Canal were fetching at the time (AED 1,728). 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. 111's AED 72,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Dec 202511 December 2025 | 450 sqft | 980,000 | 2,178 | ||
| 20 Mar 202520 March 2025 | 488 sqft | 1,315,000 | 2,695 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 960,000 | 2,149 | ||
| 13 Feb 202513 February 2025 | 447 sqft | 970,000 | 2,170 |
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 | ||
| 109 | 1-bed | 769 sqft | AED 1.15MAED 1,150,000 · Jun 2023June 2023 | 115,000 /yr | |
| 110 | 2-bed | 1,231 sqft | AED 1.4MAED 1,400,000 · Oct 2022October 2022 |
111, Binghatti Canal in numbers
- Sold once: by Binghatti on 2 September 2022 for AED 755,000, or AED 1,660 per sqft.
- Rented since April 2025 on one Ejari contract, at AED 72,000 a year.
- At AED 72,000 a year the gross yield on the 2022 price is 9.5%, 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 15 April 2025.
Questions about 111, Binghatti Canal
What did unit 111 last sell for?
AED 755,000 on 2 September 2022, sold by the developer: AED 1,660 per sqft for 455 sqft. It is the only registered sale of the unit.
What is the rent for unit 111?
AED 72,000 a year on the contract signed on 15 April 2025.
How big is unit 111?
455 sqft (42.3 sqm): a studio on the 1st floor of a 21-storey tower completed in 2023.
What is unit 111 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 111, Binghatti Canal
Starts from the last sale price (AED 755K, 2 September 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 755,000
- Deposit, UAE resident (20%)
- AED 151,000
- Deposit, non-resident (40%)
- AED 302,000
- Monthly over 25 years at 3.7%
- AED 3,089
Plus AED 36,720 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →