1112, Binghatti Canal
Sold prices and rental history: sold once, by the developer in November 2022, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1112, Binghatti Canal
What is 1112 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 9 September 2025.
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 1.18M · November 2022
- Building
- Binghatti Canal
About 1112, Binghatti Canal
1112 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 1 November 2022 for AED 1,180,000, or AED 1,676 per sqft, in line with the AED 1,658 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 9 September 2025, is AED 110,250 a year: a gross yield of 9.3% on the 2022 price, before the service charge of about AED 12,400 a year.
Sales and rents for 1112 over time
1112 has sold once; 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 1112 sits
All 123 1-beds →1112 last sold in November 2022 at AED 1,676 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. 1112's AED 110,250 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 11th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | Studio | 454 sqft | AED 798KAED 798,000 · Aug 2022August 2022 | ||
| 1102 | 2-bed | 1,331 sqft | AED 1.92MAED 1,922,632 · Nov 2022November 2022 | 165,000 /yr | |
| 1103 | 1-bed | 703 sqft | AED 1.68MAED 1,680,000 · Dec 2023December 2023 | ||
| 1104 | 1-bed | 704 sqft | AED 1.15MAED 1,150,000 · Sep 2022September 2022 | ||
| 1105 | 1-bed | 707 sqft | AED 1.9MAED 1,900,000 · Jan 2024January 2024 | 130,000 /yr | |
| 1106 | 2-bed | 1,326 sqft | AED 2.43MAED 2,425,000 · Dec 2025December 2025 | ||
| 1107 | Studio | 494 sqft | AED 850KAED 850,000 · Jul 2022July 2022 | 80,000 /yr | |
| 1108 | Studio | 488 sqft | AED 859KAED 859,397 · Aug 2022August 2022 | 82,688 /yr | |
| 1109 | 2-bed | 1,333 sqft | AED 2.59MAED 2,590,000 · Mar 2024March 2024 | ||
| 1110 | 1-bed | 717 sqft | AED 1.02MAED 1,020,000 · Aug 2022August 2022 | ||
| 1111 | 1-bed | 705 sqft | AED 1.15MAED 1,150,000 · Sep 2022September 2022 | 89,250 /yr | |
| 1113 | 2-bed | 1,378 sqft | AED 1.75MAED 1,750,000 · Nov 2022November 2022 | ||
| 1114 | Studio | 447 sqft | AED 935KAED 935,000 · Aug 2024August 2024 |
1112, Binghatti Canal in numbers
- Sold once: by Binghatti on 1 November 2022 for AED 1,180,000, or AED 1,676 per sqft.
- Rented since September 2024 on 2 Ejari contracts, from AED 105,000 to AED 110,250 a year.
- At AED 110,250 a year the gross yield on the 2022 price is 9.3%, before a service charge of about AED 12,400 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 9 September 2025.
Questions about 1112, Binghatti Canal
What did unit 1112 last sell for?
AED 1,180,000 on 1 November 2022, sold by the developer: AED 1,676 per sqft for 704 sqft. It is the only registered sale of the unit.
What is the rent for unit 1112?
AED 110,250 a year on the contract renewed on 9 September 2025. The previous contract, from September 2024, was AED 105,000.
How big is unit 1112?
704 sqft (65.4 sqm): a one-bedroom apartment on the 11th floor of a 21-storey tower completed in 2023.
What is unit 1112 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 1112, Binghatti Canal
Starts from the last sale price (AED 1.18M, 1 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,180,000
- Deposit, UAE resident (20%)
- AED 236,000
- Deposit, non-resident (40%)
- AED 472,000
- Monthly over 25 years at 3.7%
- AED 4,828
Plus AED 54,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →