1214, Binghatti Canal
Sold prices and rental history: sold once, by the developer in August 2022, and rented once, from October 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1214, Binghatti Canal
What is 1214 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 October 2024.
Key facts
- Type
- Studio apartment
- Size
- 447 sqft
- Floor
- 12th of 21
- Parking
- 1
- Developer
- Binghatti
- Completed
- 2023
- Service charge
- AED 7,900 /yr
- Last sold
- AED 803K · August 2022
- Building
- Binghatti Canal
About 1214, Binghatti Canal
1214 is a studio of 447 sqft on the 12th floor of Binghatti Canal, a 21-storey tower in Business Bay completed in 2023 by Binghatti. The developer sold it on 15 August 2022 for AED 802,750, or AED 1,794 per sqft, in line with the AED 1,748 studios in the building were fetching at the time.
One Ejari contract is registered, from 1 October 2024. The current contract, renewed on 1 October 2024, is AED 70,000 a year: a gross yield of 8.7% on the 2022 price, before the service charge of about AED 7,900 a year.
Sales and rents for 1214 over time
1214 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 1214 sits
All 82 studios →1214 last sold in August 2022 at AED 1,794 per sqft, in line with what studios in Binghatti Canal were fetching at the time (AED 1,748). 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. 1214's AED 70,000 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
- 7.8%
Other units on the 12th floor
All 301 units in Binghatti Canal| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1201 | Studio | 454 sqft | AED 785KAED 785,000 · Nov 2022November 2022 | ||
| 1202 | 2-bed | 1,274 sqft | AED 2.4MAED 2,400,000 · May 2024May 2024 | ||
| 1203 | 1-bed | 703 sqft | AED 1.65MAED 1,650,000 · Mar 2025March 2025 | ||
| 1204 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | 100,000 /yr | |
| 1205 | 1-bed | 707 sqft | AED 1.83MAED 1,830,000 · Apr 2025April 2025 | 100,000 /yr | |
| 1206 | 2-bed | 1,279 sqft | AED 1.75MAED 1,750,000 · Aug 2022August 2022 | 185,000 /yr | |
| 1207 | Studio | 492 sqft | AED 840KAED 840,000 · Aug 2022August 2022 | 90,000 /yr | |
| 1208 | Studio | 488 sqft | AED 898KAED 897,880 · Jul 2022July 2022 | 80,000 /yr | |
| 1209 | 2-bed | 1,284 sqft | AED 1.65MAED 1,650,000 · Aug 2022August 2022 | ||
| 1210 | 1-bed | 717 sqft | AED 1.2MAED 1,200,000 · Aug 2022August 2022 | 110,000 /yr | |
| 1211 | 1-bed | 705 sqft | AED 1.22MAED 1,218,600 · Nov 2022November 2022 | ||
| 1212 | 1-bed | 704 sqft | AED 1.1MAED 1,100,000 · Sep 2022September 2022 | ||
| 1213 | 2-bed | 1,322 sqft | AED 1.8MAED 1,800,000 · Nov 2022November 2022 |
1214, Binghatti Canal in numbers
- Sold once: by Binghatti on 15 August 2022 for AED 802,750, or AED 1,794 per sqft.
- Rented since October 2024 on one Ejari contract, at AED 70,000 a year.
- At AED 70,000 a year the gross yield on the 2022 price is 8.7%, before a service charge of about AED 7,900 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 1 October 2024.
Questions about 1214, Binghatti Canal
What did unit 1214 last sell for?
AED 802,750 on 15 August 2022, sold by the developer: AED 1,794 per sqft for 447 sqft. It is the only registered sale of the unit.
What is the rent for unit 1214?
AED 70,000 a year on the contract renewed on 1 October 2024.
How big is unit 1214?
447 sqft (41.5 sqm): a studio on the 12th floor of a 21-storey tower completed in 2023.
What is unit 1214 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 1214, Binghatti Canal
Starts from the last sale price (AED 803K, 15 August 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 802,750
- Deposit, UAE resident (20%)
- AED 160,550
- Deposit, non-resident (40%)
- AED 321,100
- Monthly over 25 years at 3.7%
- AED 3,284
Plus AED 38,726 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →